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Tag Archives: unemployment
All the Bad News That Fits
“I met a girl who sang the blues, and I asked her for some happy news. She just smiled and turned away.” In the latest episode of “As the Debt Ceiling Turns”; Boehner walks, Obama has a hissy fit, and … Continue reading
Posted in Afghanistan, budget, Congress, economy, Iraq, Medicaid, Medicare, Obama, Politics, Social Security, Unemployment, Wall Street
Tagged Afghanistan, Boehner, Cisco, claims, debt ceiling, default, Iraq, layoffs, Lockheed Martin, Medicaid, Medicare, mercenary army, Obama, Pelosi, SIGAR, Social Security, spending cuts, State Department, unemployment, Wall Street
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9.2% Unemployment is Fiction, 16.2% is Reality
Economic Populist has a graph showing why the “official” unemployment rate of 9.2% should be disregarded as a disingenuous statistic intended to make the unemployment picture look better than it actually is, and why the U6 rate of 16.2%—which includes … Continue reading
Posted in economy, Politics, Unemployment
Tagged 16.2%, 1800 workers, Economic Populist, Ford, JOLT, Louisville assembly plant, U6, unemployment
1 Comment
Remember Unemployment?
I know it’s not high on our elected officials’ priority list right now, if it’s even on the list at all, but it’s still around. A little thing called unemployment. Remember that? A few statistics the actors in the debt … Continue reading
Unemployment Numbers Don’t Matter? Wanna Bet?
What was that again, Mr. Plouffe? People won’t vote based on the unemployment rate? “A slipping economy has Floridians moving away from President Barack Obama and warming up to Republican Mitt Romney, a Sunshine State News Poll shows. The survey … Continue reading
Posted in economy, Obama, Politics, Unemployment
Tagged economy, Florida, Obama, Romney, Sunshine State News Poll, unemployment
1 Comment
Unemployment Rises to 9.2%
From this morning’s New York Times: “The United States economy added a meager 18,000 jobs in June, up from a gain of a revised 25,000 jobs in May, the Department of Labor said on Friday. The unemployment rate rose to … Continue reading
Posted in Unemployment
Tagged 9.2%, austerity, belt tightening, New York Times, unemployment
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The Real Victims of Austerity
Those who can least afford it: “Millions of Floridians head back to work Tuesday after a restful three-day Fourth of July weekend. But Toni Gugliotta won’t be among them. She’ll be applying for $275 a week in unemployment benefits instead. … Continue reading
Posted in Politics, Unemployment
Tagged budget, Florida, Medicare fraud, Rick Scott, state employees, unemployment
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It’s All About Priorities
What about this is so difficult to understand? There is work to be done and millions of people are out of work. “Experts say $2 trillion of infrastructure work is needed just to catch up. The American Society of Civil … Continue reading
Posted in budget, economy, Unemployment
Tagged budget, Endless War, infrastructure, unemployment
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Forecast for the Obama “Compromise”: “Weak Growth, Little Decline in Unemployment”
Dean Baker writes at The Guardian: “The enthusiasm of the US business press for the compromise tax package worked out by President Obama and Republicans in Congress led to a mini-euphoria of upbeat economic projections for 2011. While the economy … Continue reading
Posted in budget, economy, Obama, Obama administration, Taxes, Unemployment
Tagged compromise, Dean Baker, GDP, guardian, Obama, stimulus, tax cuts, unemployment
1 Comment
Is 9% Unemployment the New Norm?
Considering this: “Nearly half of the unemployed—45.9%—have been out of work longer than six months, more than at any time since the Labor Department began keeping track in 1948…Overall, seven million Americans have been looking for work for 27 weeks … Continue reading
Posted in economy, Obama, Obama administration, Politics, Unemployment
Tagged $2 trillion, 2012, 27 weeks or more, 9% or higher, Chamber of Commerce, corporations, economy, long-term unemployed, Meet The Press, onerous regulations, private investment, profits, recovered sufficiently, Republican Congress, Timothy Geithner, unemployment, White House
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It’s True Harry, and You Have Only Yourself to Blame
Welcome to the party, Harry. You’re a little late, but glad you finally got here: “Republicans hope unemployment rates jump higher to give them a better shot at retaking Congress, Majority Leader Harry Reid said Wednesday. At a press conference … Continue reading
