Unemployment

Epistaxis · 07-02-2009, 03:35 PM

President Obama's crew told us in January that with the stimulus bill, unemployment would not exceed 8%. Today's report....9.5%.

To sell the stimulus bill, we were told without the stimulus bill we could expect to see unemployment at 9+% NEXT year.

They told us this to sell the stimulus, and it might just end up costing us 787 billion.....for...what exactly?

I'm not feeling particularily stimulated. But we'll pay anyway.

http://www.nytimes.com/2009/07/01/bu...ardt.html?_r=1

Jase · 07-02-2009, 03:42 PM

sometimes it's tough being right all the time.

Epistaxis · 07-02-2009, 03:46 PM

Every time I see your sig I think it is directed at me.

But then I think.....naaaah.

Cat · 07-02-2009, 03:49 PM

you can easily replace the word "internet" with the word "world" and it would still be a true statement

Jase · 07-02-2009, 03:58 PM

SouthCakPanther · 07-02-2009, 04:05 PM

The same thing is happening right now with Healthcare Reform and this "Climate" Bill b.s. I'll post a link to this article from Industry Week again:

Quote:

The leading proposal is to start a program to cap domestic emissions and allocate those emissions via a trading system. There are innumerable problems with this approach, not the least of which is the likely devastating impact on U.S. manufacturing.

http://www.industryweek.com/articles...x?SectionID=23

Think this could negatively impact unemployment?

Fireball77 · 07-02-2009, 04:23 PM

A couple more articles: http://www.bloomberg.com/apps/news?p...d=ahfK709b4uds http://news.yahoo.com/s/ap/us_economy

SouthCakPanther · 07-02-2009, 04:35 PM

Quote:

Originally Posted by Fireball77

A couple more articles: http://www.bloomberg.com/apps/news?p...d=ahfK709b4uds http://news.yahoo.com/s/ap/us_economy

Quote:

"We are in some very hard and severe economic times," Labor Secretary Hilda Solis said in an interview. "The president and I are both not happy."

Still, Solis thought it was too early to consider a second government stimulus, saying more time is needed for the current one to take hold. "I do think the public needs to be patient," she said. "We know they are hurting."

Duh...ya think? A second stimulus? The first hasn't done sh*t. As a matter of fact, how about actually spending some of the money from the first stimulus. If we do another stimulus, throw every single dime at the private sector small/medium/large businesses. That is where job growth is going to occur.

stirs · 07-02-2009, 04:51 PM

You mean studying the "marsh" mouse in Pelosi's district at the tune of 32 million hasn't produced tons of jobs? Go figure.

Maybe studying pig odor in the midwest just hasn't gotten the right applicants.

Of course, states just using it to pay off their deficits is going to produce a boon any day now.

I wouldn't think they should read the next on either.

"stimulus" Hmmm
Maybe the can call the next one "utopia" or some other name that has nothing to do with what is inside the bill.

shinner · 07-02-2009, 04:52 PM

I'm gonna have to go postal on you aholes if you keep dissing the Messiah and his plan!

07-02-2009, 03:35 PM	#1
Epistaxis Senior Member Join Date: Nov 2008 Posts: 2,226 Pie Slices: 8 Given Pie 9 Times in 7 Posts Rep Power: 9	Unemployment President Obama's crew told us in January that with the stimulus bill, unemployment would not exceed 8%. Today's report....9.5%. To sell the stimulus bill, we were told without the stimulus bill we could expect to see unemployment at 9+% NEXT year. They told us this to sell the stimulus, and it might just end up costing us 787 billion.....for...what exactly? I'm not feeling particularily stimulated. But we'll pay anyway. http://www.nytimes.com/2009/07/01/bu...ardt.html?_r=1

07-02-2009, 03:42 PM	#2
Jase Time for Cake and Zodomy Join Date: Nov 2008 Age: 25 Posts: 5,386 Pie Slices: 25 Given Pie 65 Times in 39 Posts Rep Power: 22	sometimes it's tough being right all the time. __________________

07-02-2009, 03:49 PM	#4
Cat loves Cheetos Join Date: May 2009 Posts: 2,390 Pie Slices: 24 Given Pie 24 Times in 19 Posts Rep Power: 16	you can easily replace the word "internet" with the word "world" and it would still be a true statement __________________ Don't swallow your moral code in tablet form.

07-02-2009, 03:58 PM	#5
Jase Time for Cake and Zodomy Join Date: Nov 2008 Age: 25 Posts: 5,386 Pie Slices: 25 Given Pie 65 Times in 39 Posts Rep Power: 22	__________________

07-02-2009, 04:52 PM	#10
shinner Anomaly Join Date: Nov 2008 Posts: 3,329 Pie Slices: 0 Given Pie 0 Times in 0 Posts Rep Power: 8	I'm gonna have to go postal on you aholes if you keep dissing the Messiah and his plan! __________________ . I'll miss ya, man...

07-02-2009, 03:46 PM	#3
Epistaxis Senior Member Join Date: Nov 2008 Posts: 2,226 Pie Slices: 8 Given Pie 9 Times in 7 Posts Rep Power: 9	Every time I see your sig I think it is directed at me. But then I think.....naaaah.

07-02-2009, 04:23 PM	#7
Fireball77 Senior Member Join Date: Nov 2008 Posts: 4,053 Pie Slices: 0 Given Pie 0 Times in 0 Posts Rep Power: 10	A couple more articles: http://www.bloomberg.com/apps/news?p...d=ahfK709b4uds http://news.yahoo.com/s/ap/us_economy

07-02-2009, 04:51 PM	#9
stirs Senior Member Join Date: Dec 2008 Posts: 618 Pie Slices: 0 Given Pie 1 Time in 1 Post Rep Power: 4	You mean studying the "marsh" mouse in Pelosi's district at the tune of 32 million hasn't produced tons of jobs? Go figure. Maybe studying pig odor in the midwest just hasn't gotten the right applicants. Of course, states just using it to pay off their deficits is going to produce a boon any day now. I wouldn't think they should read the next on either. "stimulus" Hmmm Maybe the can call the next one "utopia" or some other name that has nothing to do with what is inside the bill.

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