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Chronic unemployment worse than Great Depression
CBS news ^ | Ben Tracy

Posted on 06/06/2011 6:18:04 AM PDT by Mount Athos

About 6.2 million Americans, 45.1 percent of all unemployed workers in this country, have been jobless for more than six months - a higher percentage than during the Great Depression.


TOPICS: Business/Economy; News/Current Events
KEYWORDS:

1 posted on 06/06/2011 6:18:09 AM PDT by Mount Athos
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To: Mount Athos
When Bush had unemployment at 5.6%, the media and the Democrats (same thing) called it the "worst economy since Hoover".

Perhaps people are starting to see what is in front of their nose.

2 posted on 06/06/2011 6:21:39 AM PDT by ClearCase_guy (The USSR spent itself into bankruptcy and collapsed -- and aren't we on the same path now?)
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To: Mount Athos

It’s all good though, we have the media to show us pictures of Obama’s many golf games...


3 posted on 06/06/2011 6:23:37 AM PDT by Freddd (NoPA ngineers.)
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To: Mount Athos

Did we pay people to be unemployed back then like we do now?


4 posted on 06/06/2011 6:23:37 AM PDT by Huck (The Antifederalists were right.)
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To: Mount Athos

“Recession is when your neighbor loses his job. Depression is when you lose yours. And recovery is when Obama loses his.”


5 posted on 06/06/2011 6:26:18 AM PDT by PapaNew
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To: Mount Athos

Bump for later.


6 posted on 06/06/2011 6:27:24 AM PDT by arderkrag (Georgia is God's Country.----------In the same way Rush is balance, I am consensus.)
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To: Mount Athos

No no no no no! We are in a recovery! Get your facts straight you gun toting, God loving, right wingers! Do I need a sarcasm tag?


7 posted on 06/06/2011 6:30:22 AM PDT by goodwithagun (My gun has killed fewer people than Ted Kennedy's car.)
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To: Mount Athos

And the lack of media condemnation is outragious.

I’ll bet some of them wish McCain was President during this so they’d have someone to crucify.


8 posted on 06/06/2011 6:30:44 AM PDT by reagan_fanatic (A communist is just a liberal in a hurry)
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To: Blue Jays
The entire U.S. adult population can simply collect unemployment checks forever and that way nobody will have to work. Government can care for us. Easy.


9 posted on 06/06/2011 6:32:11 AM PDT by Blue Jays (Rock Hard, Ride Free)
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To: Huck

You nailed it. There were make-work jobs back then, the results of which are still visible in places, and the stories of which are part of family lore. Those jobs existed because there were no welfare benefits to sleep on.

You could never run a WPA project in America now.


10 posted on 06/06/2011 6:32:31 AM PDT by Migraine (Diversity is great... ...until it happens to YOU.)
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To: Migraine
You could never run a WPA project in America now.

Sure you can. They're called 'investments' now...............

11 posted on 06/06/2011 6:36:50 AM PDT by Red Badger (I killed Schrodinger's Cat with Occam's Razor.................)
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To: Mount Athos

This from CBS News?

Either the MSM has concluded things are so bad they will permanently destroy what’s left of their credibility by continuing to spin for Obama, or they’ve concluded he is a dangerous incompetent who must be dispatched before he leads their precious Democrat Party into fifty years in the wilderness.

Or perhaps they are just pushing him to go for another stimulus and a giant WPA works project.


12 posted on 06/06/2011 6:40:42 AM PDT by Buckeye McFrog
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To: Red Badger

Sure you can. They’re called ‘investments’ now...............

I thought they were called “shovel ready”.


13 posted on 06/06/2011 6:41:09 AM PDT by csmusaret (Sarah says "Drill baby drill." Obama says "Drill in Brazil.")
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To: Red Badger

Right. They bear no resemblance. They are purely graft to the unions and accomplish nothing except logrolling, featherbedding and gravy-training.


14 posted on 06/06/2011 6:41:17 AM PDT by Migraine (Diversity is great... ...until it happens to YOU.)
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To: csmusaret

The only thing that’s ‘shovel ready’ is the media....................


15 posted on 06/06/2011 6:42:01 AM PDT by Red Badger (I killed Schrodinger's Cat with Occam's Razor.................)
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To: Migraine

add apple polishing, wool gathering, cloud counting.................


16 posted on 06/06/2011 6:45:40 AM PDT by Red Badger (I killed Schrodinger's Cat with Occam's Razor.................)
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To: Mount Athos
I'm tired of two misrepresentations actively pushed by the Democrats and the media. Yesterday, CNN Money had a good time laughing at Bush and his MBA while rejecting any suggestion that a lack of private sector experience on O's part might be a problem. Fact: The Bush tax cuts were one part of a successful strategy to get US out of recession. Fact: Bush pushed (though not hard enough) for Fannie and Freddie reform that would have eased this economic meltdown.

Massive unemployment creates a class of voter "on the dole" and dependent on government. They will be hesitant to bite the hand that feeds them. If they will be motivated to vote is a big question in 2012.

17 posted on 06/06/2011 6:45:47 AM PDT by JimSEA
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To: Red Badger

...and whistling Dixie (oooops! Can’t do that anymore.)


18 posted on 06/06/2011 6:50:42 AM PDT by Migraine (Diversity is great... ...until it happens to YOU.)
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To: Mount Athos

As we all know, there are many in the Obama Administration who see this as a good thing. More depenents on the public teet. Food Stamp enrollment at an all time high. More desire to bash big corporations. More of a chance to shove the country toward Socialism by keeping the crisis going.


19 posted on 06/06/2011 6:51:51 AM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: Mount Athos

Looks like Obama’s grand socialist plan is working,eevryone needs gov help.


20 posted on 06/06/2011 6:56:54 AM PDT by Vaduz
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To: Mount Athos

It probably doesn’t help having unemployment insurance lasting two or so years making it easier to survive unemployment.


21 posted on 06/06/2011 7:00:57 AM PDT by thatjoeguy (Wind is just air, but pushier.)
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To: ClearCase_guy
Perhaps people are starting to see what is in front of their nose.

Too bad it's a swinging baseball bat.

22 posted on 06/06/2011 7:02:19 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: Mount Athos

I think Barry Dunham is looking to out-do FDR.

I just got done with Amity Schlaes’ book. The Forgotten Man.
After reading that I considered FDR a destroyer. If it was not for the Second World War, the Great Depression would have gone into the 1970’s and maybe beyond.


23 posted on 06/06/2011 7:06:18 AM PDT by Fred Hayek (FUBO, the No Talent Pop Star pResident.)
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To: MrB
At least we have these to look at:
24 posted on 06/06/2011 7:08:14 AM PDT by NMEwithin
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To: Mount Athos

Thank you President Obama!

Does anyone want four more years of this?


25 posted on 06/06/2011 7:24:19 AM PDT by Rummyfan (Iraq: it's not about Iraq anymore, it's about the USA!)
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To: PapaNew
Recession is when your neighbor loses his job. Depression is when you lose yours. And recovery is when Obama loses his.”

Beautiful!

26 posted on 06/06/2011 7:25:39 AM PDT by Rummyfan (Iraq: it's not about Iraq anymore, it's about the USA!)
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To: Mount Athos

This story like all the rest does not connect the dots to Obama. Not one word about Obama’s job killing policy on private business. These stories are pathetic.


27 posted on 06/06/2011 7:45:42 AM PDT by AngelesCrestHighway
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To: Migraine

didn’t they live in tents on the projects... the horror.

Take away their welfare bennies and let them build bunk houses for other welfare cases to live in.


28 posted on 06/06/2011 7:49:33 AM PDT by rokkitapps ( Hearings on healthcare waivers NOW! (If you agree make this your tagline))
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To: ClearCase_guy

Perhaps they are starting to see that, short of Satan’s intervention, O is not going to be reelected, so are preparing a spot under the bus in time to annoint a new contender.


29 posted on 06/06/2011 7:55:09 AM PDT by ApplegateRanch (Made in America, by proud American citizens, in 1946.)
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To: Mount Athos

30 posted on 06/06/2011 8:22:19 AM PDT by Qbert ("The best defense against usurpatory government is an assertive citizenry" - William F. Buckley, Jr.)
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To: rokkitapps

Amen, brother — and let them build a great big, impenetrable fence.


31 posted on 06/06/2011 8:38:25 AM PDT by Migraine (Diversity is great... ...until it happens to YOU.)
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To: ApplegateRanch
Perhaps they are starting to see that, short of Satan’s intervention, O is not going to be reelected, so are preparing a spot under the bus in time to annoint a new contender communist. There; fixed it.
32 posted on 06/06/2011 8:42:40 AM PDT by Migraine (Diversity is great... ...until it happens to YOU.)
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