The numbers will be very flexible in the next few days I'm sure. In light of the current situation, anything reported as "news" is suspicious to me. I like to find it out for myself.
For all the partisans here, this is a summation. Bush messed things up with two poorly prosecuted wars and not being aggressive with Congress about Freddie Mac and Fannie Mae. Obama messed it up too and one could say more, due to the staggering amount, with the bailouts and stimulus which was paying back all his political favors.
So it's a wash. Both guys are pretty lousy statesmen.
this is a marginally better jobs report, it's about time, it does a tiny better than keep up with population growth, it will take forever to grow out at this rate
we need a WHOLE LOT more
and faster than fast, we need it YESTERDAY
because of ALL WE'VE BEEN THRU
IN TIMES LIKE THESE
we are still facing STRUCTURAL infirmities that are SEISMIC
housing, #1---it's STILL no basement in sight, millions more foreclosures inevitable, fannie and freddie are gonna cost the better part of a HALF TRILLION DOLLARS
words like that, "half trillion dollars," are NOT abstractions
they are not really SUBJECT to DEBATE
they are CANCER and HIV and DIABETES and EXTREME OLD AGE all at the same time
and EVERYBODY knows it
still YOU debate---it's LAUGHABLY unserious
GET SOBER---our housing which brought us all here is fractured, we cannot REALLY recover til we turn it
and PROPERTY TAXES upon which our sadsack, swooning STATES are all utterly DEPENDENT are CAVED IN
as you know
MEDICAID is already NOW another CRISIS for our new yorks, californias, illinois's, wisconsins, jerseys, indianas, ohios...
as you know
our FED has "pumped," ie, it's OBLIGATED our TWO POINT SEVEN TRILLION dollars of public TRUST in total CRAP---treasuries and mortgage backed securities---all, astonishingly, UNDIVERSIFIED
yes, you KNOW what that means
our MUNI MARKETS, upon which the STATES like addicts MUST finance all this DEBT...
as you know
our STATES, according to the financial times of london, still the most prestigious publication economic on earth, face a full TWO POINT FIVE TRILLION DOLLARS of public pension shortfall ALONE
ie, this is only PUBLIC pensions, we're talkin
these are only at the STATE level, we're talkin
ie, the ENTIRETY is proportionally WORSE
the NEW YORK TIMES reported a year ago that service on the debt, MERE INTEREST ALONE, will soon approach ONE TRILLION DOLLARS per year---and NOTHING has been done to forestall
OBAMACARE depends on more than THREE QUARTERS OF A TRILLION DOLLARS of new revenues---says the C-B-O
OIL is about to explode, FOOD already has, especially internationally, the un and the world bank have been talking "crisis"
the G-A-O on tuesday of THIS WEEK released an audit showing a full HALF TRILLION DOLLARS of waste---pfft---in govt spending, MOST OF IT IN THE LAST TWO YEARS
and our president PUNTS away these burdens like RAY GUY
his preposterous budget which is D-O-A---as you know---recommends a RAISING of our current DEFICIT by a brazen, wanton THIRTY PERCENT
its OUTYEARS are screaming with strain, the interest rates, the gdp's
as you know
ever since his destitute sotu he's gone wtf HIMSELF on his win-the-future, his stimulus-not-stimulus, his "innovation" and "investment"
that's no spin, wynn
it's WHERE WE ARE
a slightly better jobs report and HELL to pay
Bad planning by Congress, not the Obama Administration. The White House neither writes nor implements tax law. Those are issues to be taken up with either Congress or the IRS.heck, this admin couldn't even come down on americans' precise 2012 relationship with the irs until almost new year's eve.
Huh? What does "demonizing and vilifying the uber rich" have to do with "neglecting African Americans"? Not only is this a foolish assessment, it's not even factual. Moreover, hasn't it been your side of the political divide who continue to make the claim that the President is too Black for his own good and that his policies have alienated the Wall Street elite? Your commentary makes absolutely no sense whatsoever.resentment may also play a role
perhaps some of our uber rich feel they've been demonized and villified at every turn by this woebegone white house, which has in actuality done a whole lot more to protect and reward the fatcats and toobigs while doing almost nothing for the normal nates and nells while especially neglecting our african american neighbors and friends (ask the cbc)
Last edited by Objective Voice; 03-04-11 at 08:35 PM.
The free market never produced anything like the Great Depression or this every 5 years, and any downturns were due to inflation either by the national bank or state banks.And ill retort with how this is still better than your alternative; once every 79 years as opposed to once every 5 seems more efficient to me!
Just like reading from a script.
Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
"True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero
The saddest part of this whole thing is they are fudging the numbers. The numbers of unemployed are not the actual number, it is the number of people on unemployment. If they are 99 weeks they fall off the rolls and are not counted anymore. The numbers are a lie.
No Lives Matter