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Thread: Chronic unemployment worse than Great Depression

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    Chronic unemployment worse than Great Depression

    (CBS News) There is an unfortunate adage for the unemployed: The longer folks are out of a job, the longer it takes them to find a new one.


    CBS News correspondent Ben Tracy reports that the chronically unemployed face the hardest road back to recovery, and that while the jobs picture may be improving statistically on a national level, it is not for them.
    Ain't that the truth. And while Republicans and Democrats continue to point the finger at each other, our nation continues to burn. So, to Democrats and Republicans both, I am going to be very blunt.

    1) Bush policies began the Great Recession.

    2) Obama policies have continued the Great Recession.

    There is no other way to look at it, except that ALL of our leaders have been selling us out.

    Look, folks here is the deal. I get madder every day I see Bush people pointing the finger at Obama, and Obama people pointing the finger at Bush, while ignoring their own guy. Where the hell is the sense of patriotism and sacrifice that existed in the 1930's, when our leaders put America before politics? If America goes to hell in a handbasket, I will blame them all, Republicans and Democrats alike. In case anybody forgot, today's politicians, no matter which party, are all scum bags.

    Article is here.
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    Re: Chronic unemployment worse than Great Depression

    That is precisely the way it is. Both parties playing "gotcha" and the only people winning in this thing are CEOs, Wall Street and Congress. What chaps my ass is that most Americans seem to be playing along with it. I don't understand that. One thing for certain is that it isn't on the way to getting better.










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    Re: Chronic unemployment worse than Great Depression

    Quote Originally Posted by danarhea View Post
    Ain't that the truth. And while Republicans and Democrats continue to point the finger at each other, our nation continues to burn. So, to Democrats and Republicans both, I am going to be very blunt.

    1) Bush policies began the Great Recession.

    2) Obama policies have continued the Great Recession.

    There is no other way to look at it, except that ALL of our leaders have been selling us out.

    Look, folks here is the deal. I get madder every day I see Bush people pointing the finger at Obama, and Obama people pointing the finger at Bush, while ignoring their own guy. Where the hell is the sense of patriotism and sacrifice that existed in the 1930's, when our leaders put America before politics? If America goes to hell in a handbasket, I will blame them all, Republicans and Democrats alike. In case anybody forgot, today's politicians, no matter which party, are all scum bags.

    Article is here.
    Very well said. Darn near PERFECTLY said. Look at my signature. Every day... EVERY DAY!!!!!!!!!!! Common Americans are bombarded with propaganda. For what? FOR NOTHING! We have betrayed by people we put into office so THEY can get reelected. Thing is..... I currently have no solution. WE... have no solution. So, like most Americans Im going to get something to eat. From an illegal that whipped up a giant burrito.
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    Re: Chronic unemployment worse than Great Depression

    Quote Originally Posted by danarhea View Post
    Ain't that the truth. And while Republicans and Democrats continue to point the finger at each other, our nation continues to burn. So, to Democrats and Republicans both, I am going to be very blunt.

    1) Bush policies began the Great Recession.
    BS -

    When history looks back on what he did right and what he did wrong, I wonder if they'll consider this.

    Before the first year of Bush's first term was over, we suffered the worst terrorist attack in the history of the world and the nation.

    Before the first year off second term was over, we suffered the worst natural disaster (Katrina) in the history of the country

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    Re: Chronic unemployment worse than Great Depression

    It should be noted that the underlying seeds of the financial crisis, namely the housing bubble, that led to the Great Recession were planted well before either Presidents Bush and Obama took office. Moreover, they were not entirely political in nature. Bad policy contributed. But the convergence of factors was far broader than public policy.

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    Re: Chronic unemployment worse than Great Depression

    Quote Originally Posted by danarhea View Post
    Ain't that the truth. And while Republicans and Democrats continue to point the finger at each other, our nation continues to burn. So, to Democrats and Republicans both, I am going to be very blunt.

    1) Bush policies began the Great Recession.

    2) Obama policies have continued the Great Recession.

    There is no other way to look at it, except that ALL of our leaders have been selling us out.

    Look, folks here is the deal. I get madder every day I see Bush people pointing the finger at Obama, and Obama people pointing the finger at Bush, while ignoring their own guy. Where the hell is the sense of patriotism and sacrifice that existed in the 1930's, when our leaders put America before politics? If America goes to hell in a handbasket, I will blame them all, Republicans and Democrats alike. In case anybody forgot, today's politicians, no matter which party, are all scum bags.

    Article is here.
    You accuse everyone of pointing fingers at the other guy - and how wrong that is. But that's what you do with points #1 and #2 there. Pointing fingers without taking everything into consideration.

    The real problem is that multiple issues came apart at the same time and they were ultimately connected - it wasn't just "this one policy here" - it was many, spread out over several presidencies. Reagan, Bush and Bush, Clinton, Obama - etc etc. some roots of our issues go back much further than that. Like the SSA - how many decades have gone on where this SSA problem was known ot eventually happen but no one did anything *shrug*

    It's not sufficient to say "if we had a different president in office or a different party in the majority we wouldn't have gone into this recession and modern depression" . . . because the house of cards was already falling - and it just happened ot collapse when Bush was in office.

    Now - he takes responsibility for HOW he responded, and so does Obama - they only can take responsibility for their own actions and nothing more.

    But - overall - this entire situation does NOT come down to one or even 5 policies that Bush pursued. . . it's far wider than that - to the point where analysts have had to delve deep into history and examine every aspect of our economy that broke down and figure out "why in the **** di that happen?"
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    Re: Chronic unemployment worse than Great Depression

    Quote Originally Posted by ric27 View Post
    BS -

    When history looks back on what he did right and what he did wrong, I wonder if they'll consider this.

    Before the first year of Bush's first term was over, we suffered the worst terrorist attack in the history of the world and the nation.

    Before the first year off second term was over, we suffered the worst natural disaster (Katrina) in the history of the country
    Here we go, right on cue. Paritsan gotcha.










    "When Faith preaches Hate, Blessed are the Doubters." - Amin Maalouf

    When trouble arises and things look bad, there is always one individual who perceives a solution and is willing to take command. Very often, that person is crazy. ~Dave Barry



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    Re: Chronic unemployment worse than Great Depression

    i wish I could find it online - but can't quite pinpoint it yet. I read an old article in a Cato journal from the mid 1990's for a school research project that discussed the "eminent doom of american's economic barang" - it was apparent to many economists that what happened in 2008 was *eventually going ot happen* regardless.

    But it seems that no one listened to them - and that's understandable, sort of - it's like getting ready for the end of the world because some people say it'll happen *shrug* We have a tendency, as a culture, to not be supportive of preventative measures based on spotty evidence - but more so - we're accepting of chance and response instead.
    A screaming comes across the sky.
    It has happened before, but there is nothing to compare it to now.
    Pynchon - Gravity's Rainbow

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    Re: Chronic unemployment worse than Great Depression

    Quote Originally Posted by Risky Thicket View Post
    Here we go, right on cue. Paritsan gotcha.
    There was a huge economic loss following 9/11, not just in revenues from travel, etc., but the billions that were spent to improve security

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    Re: Chronic unemployment worse than Great Depression

    Quote Originally Posted by ric27 View Post
    There was a huge economic loss following 9/11, not just in revenues from travel, etc., but the billions that were spent to improve security
    Gotta catch them dildos.
    A screaming comes across the sky.
    It has happened before, but there is nothing to compare it to now.
    Pynchon - Gravity's Rainbow

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