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1. 

   mickey1339 said, 4 months ago

   Unfortunately there is some credibility to the implication of this cartoon. We have a hard line group of structurally unemployed that have been out of work for over a year and many have given up looking. There are increasing numbers trying to collect S.S. disability, welfare and whatever kind of “aid” they can. Blame whoever you want but the congressional and executive branches of our government are presiding over the longest, slowest and weakest recovery from a recession since W.W. 2.
   

   
   I was studying Bloombergs business website comparing charts for industrial production, manufacturing, and business inventory changes. It is sideways for the last year. Consumer credit numbers, consumer sentiment and retail sales show the same sideways trend with a slight upward bend, very slight. The Federal Reserve is pumping billions of dollars into the economy buying our own treasury bonds, inflating the currency markets in hopes of stimulating borrowing and growth. Wall St. has profited greatly from all the cheap money but very few others.
   

   
   Business leaders say until ObamaCare is implemented and financial regulations are better defined they aren’t spending money to buy capital equipment or expand unless it is out of necessity. Uncertainty is still the order of the day.
2. 

   ConserveGov said, 4 months ago

   Even Barry’s Jobs Czar is out of work.
3. 

   mikefive said, 4 months ago

   @mickey1339

   Another chart you might want to look at is a chart of the depression. It’s somewhat similar to what you describe at Bloombergs. That chart also shows that in 1937 when they instituted tax hikes and spending cuts that we had a recession in the midst of the slow recovery of the depression. Whether history will repeat itself because of current government action is yet to be seen, but the January report showing unemployment up and the GDP down is certainly not encouraging. Hopefully it’s just a blip on the recovery.
4. 

   jonesb said, 4 months ago

   Dream on.
5. 

   Rockngolfer said, 4 months ago

   I am “involuntarily retired” and just collected my first SS money 3 weeks ago. Thanks, W.
6. 

   MortyForTyrant said, 4 months ago

   @mikefive

   It is widely agreed that FDR prolonged the depression by putting the foot off the gas in terms of stimulus (but then was able to correct that problem with the help of one Adolf Hitler and some dude in Japan).

   -

   Concerning today: who is constantly calling for austerity, who is running on the platform of “The debt is too darn high!”, who is warning that hyper-inflation is just around the corner? The Right. Why are they doing it? To put one over the President! These guys don’t give a eff if the U.S. economy collapses as long as they can blame it on the black guy…
7. 

   Chillbilly said, 4 months ago

   A stunningly ignorant take on employment.
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   Automation, lower tax rates on unearned income and a lack of demand in the economy are the reasons we’re suffering from high unemployment.
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   This is precisely the time when GOVERNMENT SHOULD BE CREATING GOVERNMENT JOBS.
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   But in America, we’ll get around to that after we settle the whole gun rights thing. Must keep priorities straight.
8. 

   Ms. Ima said, 4 months ago

   The National Enquirer was the one to bring John Edwards’ love baby out of the closet. That lying democrat (redundant term) was outed. Thank God he didn’t become VP of America.
9. 

   Ms. Ima said, 4 months ago

   @ConserveGov

   LOL! The ‘Jobs Czar’ lived up to my expectation of anyone appointed by O.
10. 

    Ms. Ima said, 4 months ago

    @Rockngolfer

    ? 4 years later under O you still are a ‘Bush Blamer’?
11. 

    Ms. Ima said, 4 months ago

    Reagan turned the economy around by spending where it would bring job growth. O has spent more than all Presidents combined and Rock is unemployable.
12. 

    mikefive said, 4 months ago

    @MortyForTyrant

    You forgot to include the second half of the equation in your post, that being tax increases. Perhaps, back then, that recession within the depression wouldn’t have occurred if they hadn’t done both tax increases AND budget cuts. We either haven’t learned from history or are hoping that doing the same thing now will work. Or, rather than go through the trouble of explaining history to their respective constituencies, they pander to the preconceptions of the unknowing. The Republicans gave the Democrats their tax increase and the Democrats are to reciprocate by giving the Republicans their budget cuts. Both parties can now return to their body politic and say to that body that they fought for their respective beliefs even though those parties knew they were possibly doing the wrong thing. Politics before problem solving.
13. 

    mikefive said, 4 months ago

    @Chillbilly

    Government jobs are predicated on a tax base that can afford to pay for those jobs. When you raise taxes continually, some of that base can no longer afford to function and closes its doors. No more payroll tax paid. No more sales tax collected. No more property tax collected. No more excise tax collected. So the government hires more people and raises taxes to pay for the new hires. Loop to the start of this post until the whole thing collapses of its own weight and the government can no longer make payroll because payroll is now exceeding revenue.
14. 

    Harleyquinn said, 4 months ago

    but but if we spend all this money right now we should not see unemployment go above 8% right? that is what we where promised. And Where are the magic green job? Obama promised magic green jobs!
15. 

    Dycel said, 4 months ago

    @Ms. Ima

    More BS from the bus bunny ima!
    Funny Reagan’s tax cuts in his early years escalated the national debt rate, his tax increases and stimulus programs slowed that debt clock but when he left office the national debt had escalated by 188.6%.
    This trend was created by the implementation of Reagan’s version of supply side economics aka voodoo economics which every repubby president since has pushed policies for have also left office and the taxpayer with higher debt.
    The only administration that reversed the debt trend was Clinton and it took 7 years of policy changes to slow not stop the trend.
    The policy’s of the cheney /Bush administration started with a debt rate of 5.7 Trillion and upon leaving office the CBO projected debt for 2009 was 12.7 Trillion based on the administrations policies and failure to include certain expenses relating to their war and tax policies which weren’t budgeted.
    So bus bunny #? Your as usual full of faux noise BS, obviously your sucking the tailpipe of the black hole bus again, just cant get enough BS can you!
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    http://www.skymachines.com/US-National-Debt-Per-Capita-Percent-of-GDP-and-by-Presidental-Term.htm
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    Lets see you back your BS Up for a change!
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