What’s really sad is that most of the unemployed are 0bama believers.
The $787 ‘stimulus’ taken out of private economy is proving to be counterproductive - as was expected.
The train hurling at the economy, pulling ‘health-care reform’, Cap&Trade and other boondoggles are sure to take more trillions of $ from private economy, will only assure that the unemployment will continue to rise.
The 0bama adorers don’t understand that they will never get a job from a poor person.
if the train moves forward one notch the “problem” will be run over…then WE can fix things without giving up our rights to become Socialists………cut taxes the train will stop and reverse
What’s really sad is that so many of you have forgotten the role played by Bush and his minions. Obama didn’t invent the latest recession - he inherited it.
Yep, if we only had a good ol’ Replublican in office to straighten out this mess.
Time for HQ and dennis to take a reality pill. GWB did NOT invent sub-prime lending - that was the done at the instigation of ACORN. And who was out there training ACORN?
Oh, and HQ, if you check the numbers the unemployment in several states is now over 12%… so much for “stimulus”.
Follow the money, folks! Where IS all that stimulus money being spent?
They’re just jealous that Bush failed at everything he did, and Obama is actually picking up the pieces and doing things beyond that. (He’s kept about 95% of the promises he has acted on. Plenty to go, but we’re nearly to 180 now according to the Obameter.)
R.V. - so what you are saying is that those on unemployment would rather suck us dry than get a new job, given that choice? I think that is rather insulting.
Canuck - I also wish McCain had been elected, because recovery would have begun by now, regardless of prior administration’s performance. A LEADER takes the bull by the “testicles” and does a job, not whine and wimper behind mama’s skirt saying “It’s not my fault.” His pre-election promises did not begin with “Of course I cannot REALLY do any of these things because of the mess I’m inheriting, but I wish that I could…”
Magnum - 95 percent? 19 out of 20? umm, maybe you should lay off the brandy. Or else just stay in touch with planet Earth. He did keep his promise of trying to promote dear home Chicago, he just bombed miserably.
“They’re just jealous that Bush failed at everything he did …”
I hate to be put in the position of defending Bush, as I have a great number of problems with him as well, but the subject comment is simply intellectually dishonest. Just as saying that we had 8 years of catastrophe or some other silly histrionic nonsense.
The fact remains that 0bama is jeopardizing the private economy in unprecedented ways, which why the job picture will not improve anytime soon.
Peter – the job picture will not improve anytime soon since we started sending all our manufacturing jobs to China about 25 years ago.
Don’t get me wrong I don’t agree with a number of economic stimulus ideas that both W & Obama have been doing… but ultimately greed has done a lot of this damage.
Technical ingenuity has been replaced by creative accounting and funneling money UP the chain from laid-off employees to CEOs. Way back when, the top tax rate was enormous to prevent corporate raiders from filling their pockets at the expense of everyone else.
” … we started sending all our manufacturing jobs to China about 25 years ago.”
Before China, it was South Korea, which followed Japan and Western Europe before that.
This outsourcing of primarily menial jobs fueled unprecedented growth in all the countries involved.
Have you been to Europe or Japan lately? Their living standards are reveling ours and are ‘exporting’ manufacturing jobs to China, Vietnam, and the likes.
At the same time we have benefited by getting consumer goods at a fraction of the cost were they made stateside.
That said, the unions have killed more manufacturing jobs than any other contributing element. GM is a perfect example. The current UAW members earn only about 30% of what their predecessors used to make, which is to say that they - the old UAW members were grossly overcompensated.
Loco - see the Obameter, on polifact.com (http://www.politifact.com/truth-o-meter/promises/). it’s not my estimate; it’s only those promises on which he has taken action (whether to keep, compromise, break, or get in the works). I don’t drink, and live on planet Earth. On more of it than most posters on this list, in fact, which may explain some of the more bizarre opinions I read here.
Peter – I agree that the unions over-reached… but I don’t agree that “the unions have killed more manufacturing jobs than any other contributing element.”
That is over-reaching too. For the last decade (or two) investors have been pulling their money out of traditional ventures with lower returns (i.e. mfg) in order to put it into higher return vehicles like mortgages and other forms of credit. And Last I checked the UAW didn’t decide to put all the design eggs into the SUV basket.
I’m no admirer of Mr Obama - or his colleagues in high places ‘round the world - but it has to be admitted that they did a better job than Mr Hoover et consortes did back in 1929. But if the regulations on banking, insurance companies, etc that were put in place after Franklin Delano Roosevelt became US president in 1933 are not re-instituted, accompanied by other regulations to control the international economy, than watch for a re-run very soon at a theatre near you….
bosco over 14 years ago
what idiot would believe this? Obama isnt holding anything back, he’s driving the train!
Blackcloud1138 over 14 years ago
Woo Woo to the health care depression train!
HUMPHRIES over 14 years ago
Got some righty-up-tighties responding to this one, we do.
Wildcard24365 over 14 years ago
Yuppers. Problem is, sooner or later, he’s going to have to let go of that thing.
Simon_Jester over 14 years ago
In other words, a PURE American, right scotty?
raycity over 14 years ago
There is coal running that train BHO hates coal.
petergrt over 14 years ago
What’s really sad is that most of the unemployed are 0bama believers.
The $787 ‘stimulus’ taken out of private economy is proving to be counterproductive - as was expected.
The train hurling at the economy, pulling ‘health-care reform’, Cap&Trade and other boondoggles are sure to take more trillions of $ from private economy, will only assure that the unemployment will continue to rise.
The 0bama adorers don’t understand that they will never get a job from a poor person.
Magnaut over 14 years ago
if the train moves forward one notch the “problem” will be run over…then WE can fix things without giving up our rights to become Socialists………cut taxes the train will stop and reverse
dennis03 over 14 years ago
What’s really sad is that so many of you have forgotten the role played by Bush and his minions. Obama didn’t invent the latest recession - he inherited it.
Yep, if we only had a good ol’ Replublican in office to straighten out this mess.
Magnaut over 14 years ago
dennis03…you’re right O’BAMBI made a mountain out of Bush’s mole hill.
PoppaBob Premium Member over 14 years ago
Time for HQ and dennis to take a reality pill. GWB did NOT invent sub-prime lending - that was the done at the instigation of ACORN. And who was out there training ACORN?
Oh, and HQ, if you check the numbers the unemployment in several states is now over 12%… so much for “stimulus”.
Follow the money, folks! Where IS all that stimulus money being spent?
lalas over 14 years ago
Peter – proof please.
Motivemagus over 14 years ago
They’re just jealous that Bush failed at everything he did, and Obama is actually picking up the pieces and doing things beyond that. (He’s kept about 95% of the promises he has acted on. Plenty to go, but we’re nearly to 180 now according to the Obameter.)
Ashrey over 14 years ago
Blaming the new guy again? So he has to do twice and much work as the last guy with half the respect.
Loco80 over 14 years ago
R.V. - so what you are saying is that those on unemployment would rather suck us dry than get a new job, given that choice? I think that is rather insulting.
Canuck - I also wish McCain had been elected, because recovery would have begun by now, regardless of prior administration’s performance. A LEADER takes the bull by the “testicles” and does a job, not whine and wimper behind mama’s skirt saying “It’s not my fault.” His pre-election promises did not begin with “Of course I cannot REALLY do any of these things because of the mess I’m inheriting, but I wish that I could…”
Magnum - 95 percent? 19 out of 20? umm, maybe you should lay off the brandy. Or else just stay in touch with planet Earth. He did keep his promise of trying to promote dear home Chicago, he just bombed miserably.
petergrt over 14 years ago
“They’re just jealous that Bush failed at everything he did …”
I hate to be put in the position of defending Bush, as I have a great number of problems with him as well, but the subject comment is simply intellectually dishonest. Just as saying that we had 8 years of catastrophe or some other silly histrionic nonsense.
The fact remains that 0bama is jeopardizing the private economy in unprecedented ways, which why the job picture will not improve anytime soon.
lalas over 14 years ago
Peter – the job picture will not improve anytime soon since we started sending all our manufacturing jobs to China about 25 years ago.
Don’t get me wrong I don’t agree with a number of economic stimulus ideas that both W & Obama have been doing… but ultimately greed has done a lot of this damage.
Technical ingenuity has been replaced by creative accounting and funneling money UP the chain from laid-off employees to CEOs. Way back when, the top tax rate was enormous to prevent corporate raiders from filling their pockets at the expense of everyone else.
petergrt over 14 years ago
” … we started sending all our manufacturing jobs to China about 25 years ago.”
Before China, it was South Korea, which followed Japan and Western Europe before that.
This outsourcing of primarily menial jobs fueled unprecedented growth in all the countries involved.
Have you been to Europe or Japan lately? Their living standards are reveling ours and are ‘exporting’ manufacturing jobs to China, Vietnam, and the likes.
At the same time we have benefited by getting consumer goods at a fraction of the cost were they made stateside.
That said, the unions have killed more manufacturing jobs than any other contributing element. GM is a perfect example. The current UAW members earn only about 30% of what their predecessors used to make, which is to say that they - the old UAW members were grossly overcompensated.
Motivemagus over 14 years ago
Loco - see the Obameter, on polifact.com (http://www.politifact.com/truth-o-meter/promises/). it’s not my estimate; it’s only those promises on which he has taken action (whether to keep, compromise, break, or get in the works). I don’t drink, and live on planet Earth. On more of it than most posters on this list, in fact, which may explain some of the more bizarre opinions I read here.
lalas over 14 years ago
Peter – I agree that the unions over-reached… but I don’t agree that “the unions have killed more manufacturing jobs than any other contributing element.”
That is over-reaching too. For the last decade (or two) investors have been pulling their money out of traditional ventures with lower returns (i.e. mfg) in order to put it into higher return vehicles like mortgages and other forms of credit. And Last I checked the UAW didn’t decide to put all the design eggs into the SUV basket.
mhenriday over 14 years ago
I’m no admirer of Mr Obama - or his colleagues in high places ‘round the world - but it has to be admitted that they did a better job than Mr Hoover et consortes did back in 1929. But if the regulations on banking, insurance companies, etc that were put in place after Franklin Delano Roosevelt became US president in 1933 are not re-instituted, accompanied by other regulations to control the international economy, than watch for a re-run very soon at a theatre near you….
Henri