U.S. Jobless Rate May Soon Top Europe's

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First Posted: 05-22-09 06:16 PM   |   Updated: 05-22-09 06:59 PM

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New York Times:

For many years, unemployment in the United States was lower than in Western Europe, a fact often cited by people who argued that the flexibility inherent in the American system -- it is easier to both hire and fire workers than in many European countries -- produced more jobs.

Read the whole story: New York Times

For many years, unemployment in the United States was lower than in Western Europe, a fact often cited by people who argued that the flexibility inherent in the American system -- it is easier to both...
For many years, unemployment in the United States was lower than in Western Europe, a fact often cited by people who argued that the flexibility inherent in the American system -- it is easier to both...
Filed by Nick Sabloff
 
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- SCG I'm a Fan of SCG 111 fans permalink
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Unemployment numbers have been under counted and cooked, just like the official CPI stats for years.

    Favorite    Flag as abusive Posted 07:20 PM on 05/22/2009
- Heavy I'm a Fan of Heavy 236 fans permalink
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Bingo

    Favorite    Flag as abusive Posted 07:23 PM on 05/22/2009

Worst President Ever

    Favorite    Flag as abusive Posted 07:20 PM on 05/22/2009
- donaldw6 I'm a Fan of donaldw6 357 fans permalink
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Yes he was.

    Favorite    Flag as abusive Posted 07:25 PM on 05/22/2009
- ladynaga I'm a Fan of ladynaga 540 fans permalink
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I agree, Bush is the worst

    Favorite    Flag as abusive Posted 07:28 PM on 05/22/2009
- rinpochet I'm a Fan of rinpochet 41 fans permalink

I am in full agreement on that. Bush the destroyer!

    Favorite    Flag as abusive Posted 07:33 PM on 05/22/2009
- wesinohio I'm a Fan of wesinohio 36 fans permalink
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You must have been waiting to say that. It will take more than four months to uncook Bush's books and set the economy on a better path. But notwithstanding that, I'm having my best year since Clinton was president.

    Favorite    Flag as abusive Posted 07:28 PM on 05/22/2009
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Oh Boy, All of those shovel ready stimulus projects, where are they?

    Favorite    Flag as abusive Posted 07:20 PM on 05/22/2009
- rinpochet I'm a Fan of rinpochet 41 fans permalink

Many of the moving along nicely. Apparently though some in Washington actually couldn't find qualified workers!

    Favorite    Flag as abusive Posted 07:34 PM on 05/22/2009
- forpeace I'm a Fan of forpeace 305 fans permalink
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"American system -- it is easier to both hire and fire workers."

That is part of the problem.

    Favorite    Flag as abusive Posted 07:18 PM on 05/22/2009
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It's all about our concept of time.

    Favorite    Flag as abusive Posted 07:20 PM on 05/22/2009
- forpeace I'm a Fan of forpeace 305 fans permalink
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Midnightrain
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You are very wise, I enjoy reading your comments.

    Favorite    Flag as abusive Posted 07:28 PM on 05/22/2009

Under Obama, the US will soon be number one again!!!

    Favorite    Flag as abusive Posted 07:17 PM on 05/22/2009
- tbone99 I'm a Fan of tbone99 93 fans permalink

No. one in income disparity

    Favorite    Flag as abusive Posted 07:21 PM on 05/22/2009
- Heavy I'm a Fan of Heavy 236 fans permalink
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Uh, that happened under Bush

    Favorite    Flag as abusive Posted 07:27 PM on 05/22/2009
- wesinohio I'm a Fan of wesinohio 36 fans permalink
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No that was where we were heading under Bush. I've had a great year so far in 2009 - my best year since Clinton was president, and that is after suffering the worst hardships of my entire life during Bush's presidency. I am very happy that President Obama is in charge.

    Favorite    Flag as abusive Posted 07:31 PM on 05/22/2009
- Tony Rome I'm a Fan of Tony Rome 2 fans permalink
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Well right now , he is making the US look like a #2.

    Favorite    Flag as abusive Posted 07:22 PM on 05/22/2009
- rinpochet I'm a Fan of rinpochet 41 fans permalink

Actually trying to dig out from under the mess that Bush created is proving more difficult than they thought it would be.

Bush destroyed this country single-handedly, as he destroyed everything else he touched. Actiually Rove's fault. He said to Bush "I can make you president" but never asked himself whether or not he was capable or competent enough to be president. And so the country suffered and thousands died.

    Favorite    Flag as abusive Posted 07:39 PM on 05/22/2009
- donaldw6 I'm a Fan of donaldw6 357 fans permalink
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I assume that's snark, right, "Progressive" Pete? Are you another one with complete amnesia about how this all started?

    Favorite    Flag as abusive Posted 07:23 PM on 05/22/2009
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