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Thread: Jobless Rate Rises to 9.8 Percent, Highest Since April(edited)

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    Re: Jobless Rate Rises to 9.8 Percent, Highest Since April(edited)

    Quote Originally Posted by Albert Di Salvo View Post
    Obama inherited many problems. And he has either intentionally or unwittingly done everything within his power to make each of these problems worse. To that extent he has been successful.
    What far too many people want to ignore is the fact that all Presidents have an equal partner in the economic successes or failures yet all I see from some here is blaming Bush and other Presidents while ignoring Congress which for the last 4 years has been controlled by Democrats. They control the legislation and the purse strings. No President can do a thing without their support. Obama and the Democrat Congress have total control over the economy for the past two years and squandered the low interest rates, low inflation we have now thus not implementing a private sector economic plan that would actually have created jobs. This is the Obama economy today.

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    Re: Jobless Rate Rises to 9.8 Percent, Highest Since April(edited)

    Quote Originally Posted by Conservative View Post
    If it started in the late 70's then you have to add Carter too it and you are right, a lot of Presidents don't know "squat" about the economy but most are smart enough to hire advisors that understand the private sector. Obama has the least experienced private sector advisors than any other President in recent history. Many Presidents were former Governors and thus had executive experience. Obama has zero leadership skills and delegated far too much authority then tried to delegate responsibility which a leader never can do.
    Well we could easily get more jobs if we could get the government to invest in green energy
    "And in the end, we were all just humans, drunk on the idea that love, only love, could heal our brokenness."

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    Re: Jobless Rate Rises to 9.8 Percent, Highest Since April(edited)

    Quote Originally Posted by Mr. Invisible View Post
    Well a lot of presidents do not know squat about the economy so they have economic advisors that help them make decisions. Also, like I said before, it began in the mid to late 1970s, thus I blame everyone from Reagan to Obama for the current mess.
    No. All in all, we did well from 1982, when Reagan fixed the 70's, up until the rise of the housing bubble. Whether you want to blame it in its infancy, while Clinton was President and Cuomo in Housing nudged the CRA with the concurrent expansion of Fannie and Freddie, or pick a year while W was President and say that he should have stopped it right there, the fact is that without the creation of the Housing bubble, we'd have been uber-fine right now. The bubble was not Wall Street. It was government, and it got legs starting in about '98. Tracing it back to the 70's just doesn't have merit regardless.

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    Re: Jobless Rate Rises to 9.8 Percent, Highest Since April(edited)

    Quote Originally Posted by Mr. Invisible View Post
    Well we could easily get more jobs if we could get the government to invest in green energy
    You mean like Spain? Green jobs in Spain created one job and lost four. Doubt you or anyone else wants those kind of results.

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    Re: Jobless Rate Rises to 9.8 Percent, Highest Since April(edited)

    Well we could easily get more jobs if we could get the government to invest in green energy
    No. We'd be the mess that Spain is now. Now is not the time for green. That would be to dig the hole even deeper, making us even more non-competitive on the world market. Sitting around singing Kumbaya and smoking rope won't get the bills paid.

    Edit: You beat me to it Con Man
    Last edited by Eighty Deuce; 12-03-10 at 08:36 PM.

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    Re: Jobless Rate Rises to 9.8 Percent, Highest Since April(edited)

    Quote Originally Posted by Eighty Deuce View Post
    No. We'd be the mess that Spain is now. Now is not the time for green. That would be to dig the hole even deeper, making us even more non-competitive on the world market. Sitting around singing Kumbaya and smoking rope won't get the bills paid.

    Edit: You beat me to it Con Man

    When I say making green jobs, I mean that we can develop technology that is green and also helps get us off of foreign oil as well. It also give the US a chance to become the leader in green tech, which, believe it or not, other countries are way outinvesting us, as can be seen here
    Last edited by Mr. Invisible; 12-03-10 at 08:40 PM. Reason: Grammar
    "And in the end, we were all just humans, drunk on the idea that love, only love, could heal our brokenness."

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    Re: Jobless Rate Rises to 9.8 Percent, Highest Since April(edited)

    Quote Originally Posted by Mr. Invisible View Post
    When I say making green jobs, I mean that we can develop technology that is green and also helps get us off of foreign oil as well. It also give the US a chance to become the leader in green tech, which, believe it or not, other countries are way outinvesting us, as can be seen here
    In a private sector economy if there is a way to make a profit the private sector will do it. That isn't the role of the Federal Govt. and with a debt of 14 trillion dollars there are more pressing concerns. It is going to take decades to convert existing vehicles to green energy but that effort is ongoing in the private sector now.

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    Re: Jobless Rate Rises to 9.8 Percent, Highest Since April(edited)

    Quote Originally Posted by Mr. Invisible View Post
    When I say making green jobs, I mean that we can develop technology that is green and also helps get us off of foreign oil as well. It also give the US a chance to become the leader in green tech, which, believe it or not, other countries are way outinvesting us, as can be seen here
    that's a good point. Spain, for example, has been way ahead of us in this.


    how's that worked out for them, anywho? lots of jobs over there?

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    Re: Jobless Rate Rises to 9.8 Percent, Highest Since April(edited)

    Quote Originally Posted by Mr. Invisible View Post
    Well we could easily get more jobs if we could get the government to invest in green energy
    You want govt. subsidies for R & D for renewable and alternative energy and conservation programs and projects. You need these govt. subsidies because these programs and projects are not commercially viable on their own.

    You do not have the power to obtain or continue authorization of these govt. subsidies without conservative consent.

    How badly do you want these things? What do you have to trade in exchange for conservative consent?

    Remember, this is America. Nothing is for free.

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    Re: Jobless Rate Rises to 9.8 Percent, Highest Since April(edited)

    if those technologies were viable and could reliably produce growth and jobs, then they wouldn't need government subsidies; they would be growing just fine on their own.

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