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
stay up