Labor force at the lowest level since 1984????
I've got work for someone actually interested in it......
Today’s Job Report: Unemployed Far More Likely to Drop Out Than Find a Job
14-15 trillion in debt, yeah it's that bad. Barry needs to stop that clock.
Good thing the Dems focused all their energy on the issue most important to Americans -- health care.
Midwest is having a hard time finding employees.
what can they do
donkey in white house
sentate is controled by donkeys also
CLINTON has proven she is good at liar and not producing her 200k jobs she promised
Business Doesn't Need American Workers
Once again, the job numbers are dismal. In January, the U.S. economy created just 36,000 domestic jobs, far below the roughly 145,000 that economists had forecast. The unemployment rate fell, to 9 percent, but only because more and more discouraged workers are giving up and leaving the workforce.
The U.S. still has a jobs gap of about 14 million jobs, and that number is increasing as the labor force grows. Counting people who've given up, or who are working part time when they want full time jobs, the real unemployment number is around 17 percent. America now has about 25 million people either out of work or underemployed.
Meanwhile, corporate profits continue to set records. Profits in the third quarter of 2010 were 1.659 trillion, about 28 percent higher than a year before, and the highest year-to-year increase on record.
What's going on? Very simply, America's corporations no longer need America's workers.
UCA doesn't need US employees, and don't give shit about them. They are, in pure economic terms, nothing but expensive costs to be minimized, even eliminated.
Boutons, did you ever notice that no one ever replies to your posts? And so you know, it's not because you are "dominating" the argument.
You are fucking delusional.
Do you always cherry pick facts that way, or are you really that dumb?
If you like building things, like this Parts Changer does:
If jobs and pay is there and so is unemployment, what do you think the problem is? Do tell.
And 6 years the "MBA Whitehouse ( dubya an MBA? ) " and 6 years of Repug rule, and low interest rates, was plenty of time for the Repugs to get the economy moving for EVERYBODY. But, as St Ronnie said, for the Repugs, govt IS the problem, must be destroyed, and can never be a force for good.
The Repugs mismanaged the economy into a shithole, where it remains for 95% of the people.
I'm not even getting into the oil field or truck driving either.
“To announce that there must be no criticism of the President, or that we are to stand by the President, right or wrong, is not only unpatriotic and servile, but is morally treasonable to the American public.” -- The kind of Republican that would kicked out of the party today.
American Business: Never had it so good
http://www.economist.com/node/18073369THE first time the Dow Jones Industrial Average hit 12,000, in October 2006, presenters on CNBC, a business channel, almost caught fire with excitement. When it reached that milestone again on February 1st the reaction was more muted, though the recovery from a low of 6,547 less than two years ago is remarkable, and soaring share prices reflect a corporate America that is leaner and stronger than it was back in 2006.
The current profit-reporting season is shaping up to be one of the best ever. For non-financial firms in the S&P 500, earnings per share are now higher than they have been for at least a decade. With over half of the companies in the S&P 500 having reported, profits in 2010 were up by 17% compared with 2009. (The year-on-year increase is far greater if financial firms are included, since they plunged in 2009 and then rebounded spectacularly.)
In America, rapid sales growth is still only a rumour. In emerging markets, it is a fact. So American firms will continue to expand overseas. “Whereas 2010 was a stabilisation year [for corporate America], 2011 will be a year of investing in laying the foundation for growth,” says Mark Spelman, global head of strategy at Accenture, a consultancy.
That is likely to mean tapping into some of the mountains of cash that American firms have accumulated over the past few years. The cash piles were at first supposed to provide a safety net in case of another financial disaster. ...
Thanks to recent productivity improvements, corporate America is well placed to turn higher sales directly into higher profits, says Mr Standevad. If not investing in new organic growth, many firms will look to expand their sales through mergers and acquisitions, both at home and in emerging markets.
If, for some reason, they should fail to put their cash mountains to work, investors will demand the cash back through dividends and share buybacks. Indeed, many are already demanding, and receiving, just that. In short, as American firms expand at home and abroad, profits are set to rise and cash holdings to fall. Whether this will help the more than 9% of the American workforce who are unemployed remains to be seen.
I think all the indicators are that 2011 will see some gains in employment. I still stick to my "weak growth" prediction though.
Don't get me wrong, I'm not one to automatically defend republicans. I just despise your lies. There was far more going on than legislation that the elected republicans in congress did, in fact, they tried to stop many things that lead to out current failures. Too bad your partisan ass doesn't recognize it.
Was it the republicans in congress that changed the short selling rules?
Was it the republicans in congress that defended the lending practices when brought into question?
Think about what you say before you say it. The answer to your question is that it was unelected establishment officials, and democrats that did all this.
"2011 will see some gains in employment"
"some" ain't gonna hack it in the face of 20M+ un/under/mal/employed.
Before globalization, etc took hold, depressions as deep as the current one took many years to recover from. After the similar 1930s Depression (and similar wealth inequality), the economy still wasn't right until the WWII stimulus hit.
So it's not unreasonable to expect the millions of jobs, the level of common wealth, and upward mobility won't recover for 10 years, and probably not then since the VRWC plutocracy is running the government and the country now, and no such govt stimulus is possible (after both the bogus "fiscal conservatives" Reagan and dubya each TRIPLED the national debt).
Last edited by boutons_deux; 02-07-2011 at 12:03 PM.
Most people my age are going back to college if they ever hope to have a middle class family. Unfortunately, the USA's colleges are mostly for-profit corporations at this point, with plenty of literally fake colleges that just steal people's money.
The middle class is shrinking.
Any whiff of government oversight or SEC regulation that might have promoted some transparency or responsible business practices was quashed like a bug.
Do you really doubt that I could find Republicans in Congress complaining about "government overreach" and how government would "stifle innovation" when it came to imposing sane regulations on the financial industry?
Is that your mentality?
My point on the matter was that republicans did bring up the concern or mortgage practices, in 2003 if I recall correctly. Prominent democrats held fast that there was no problems with the system.
Do you dispute this?
A quick search revealed this:
I can find more if I must, but I hope you will do your own homework.
We need to reduce taxes on the super rich even further so they'll create more jobs.
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