I am looking and can vouch first-hand for how bad it is out there.
China has lots of jobs, which used to be American.
Now they’re not.
China now sells 300 trillion more to America, than America sells to China.
300 trillion a year.
In Dave Stockman’s book, he shows calculation that the number of “breadwinner” jobs (his terminology) peaked in 98, and has been going down ever since.
When I was a young man, they built large buildings, filled them with machines, and called them factories.
When I was middle age, they built large buildings, filled them with stuff made in China, and called them warehouses.
Now that I’m old, the don’t build large buildings.
There has been no recovery. We are in a DEPRESSION, and have been since about the time the TARP program was rolled out. Had that atrocity never been introduced, we would have recovered, with absolutely no “help” from the Federal government, by 2010, and been well on our way to the kind of prosperity we enjoyed under Eisenhower and later Reagan.
But NOOOOO. The “experts” who knew so much more than any of the rest of us (and most of what they knew was just dead wrong) got the votes to ram through Congress and into the ever-growing stack of contradictory and self-serving regulation we have come to know and love, with the Current Regime now squatting in the White Hut.
“Once I built a railroad, I made it run
Made it race against time
Once I built a railroad, now it’s done
Brother, can you spare a dime?”
Anyone with half a brain knows they are re-categorizing what a “job” is now to skew the numbers. Let’s do a “real” report about “gainful” employment that you can support a family on, not these fast food after school or temp jobs.
If absolutely nothing was different other than Romney being president instead of this puke, we’d be hearing about nothing but recession, depression, worst economy in 50 years, etc. etc. from the mediawhores 24/7
“Welcome to Jobless America”
And a large part of the electorate, along with the Progressives who manipulate them, absolutely love it.
IMHO
I’m 60. Have knee problems. Theoretically I’m employed doing real estate, but that is a bust.
The only way I’m going to make it the next 25 years of life is to create my own job(s). I’m well on my way to doing that, but I’ve been doing startups my whole life and have a clue what to do. Many people are just going to be left on the cutting room floor.
bfl
Our company has a nice young man from North Carolina here tending to our CNC machine. He’s been out of work for awhile and gets the odd gig hooking up used equipment at new locations.
Such a nice accent. I haven’t ventured a conversation about politics yet, but I know he’s not too keen on unions. I may just drop Rush’s name and see if his face lights up or turns red with anger....maybe I’ll wait til our machine is working.
In before the “There’s plenty of jobs, just a bunch of ‘deadbeats’”crowd.
Try to imagine what it will be like in 3 more years.
The demonrats have about destroyed our economy and their voters will be the last to know that we are becoming like the evil nation of Germany under the hateful Hitler.
Professing themselves to be wise they became fools and changed the glory of God into an image made like unto a man...
The left of the world are liars and murderers by nature as is their leader, Satan.
I don't believe this islamist President is committed to anything other than the destruction of the United States and the installation of sharia law.
While it is true there are many without jobs, it is also true that there are many with jobs. The economy is operating at a different level than previously. Companies have adjusted to the current levels and many, but not all especially small businesses, are profitable.
The cash has been hoarded. There are indications that the horded cash is now being allocated to capital spending for growth and more importantly to permit operations at a less costly and reduced level.
Although the Fed is said to be responsible for the level of the markets, there is an element of profit and growth of profitability. That is a factor in the price increase and is the reason to have a position in stocks.
There are many without jobs. That is a matter of choice.
There are untold numbers of jobs available for those that make the effort to learn to drive a truck. Loans are available for the training
In two areas of Texas and another in North Dakota jobs go begging and those there work very long hours doing just about everything. Oil workers need to be fed and payrolls need to be calculated and paid with deposits in banks and on and on. If you show up, you can find a job
But but but but there must be a recovery! Industry insists, and congress agrees to the tune of 65,000 H-1Bs, that there are no unemployed American engineers!
When hearing this news if you are a…
Democrat - you hear: “Sunshine, lollypops, and rainbows, everything that’s wonderful is gonna come your way…”
Republican - you hear: “Johnny Angel how I love him and how I hope that someday he’ll love me…”
Conservative - you hear the beginning of Beethoven’s 5th