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.
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And alot of those jobs wont be coming back.
Thanks to my kids advice I keep all my money in Canadian banks (The strongest in the world), and off-shore real estate.
How greedy.
How smart.
You don't feel that you should help support our economy?
"You don't feel that you should help support our economy?"
I do. I pay taxes here. Plus I don't want to hand my money over too incompetent people.
And you?
They had real regulation.
I've yet to see a "Business Plan for America." Instead, I've seen a "Going out of Business Plan."
That was the plan.What did we think the china deal was really about?
More "negativity" --- these doomsday nay-sayers are a dime a dozen (& worth the same amount).
I say; 'ZIP-IT' --- these ridiculous postulations are of no use whatsoever and to the weak at heart , have the potential to act as 'self-fulfilling prophesies' , feeding on conveniently manufactured negativity (the Republican way).
So let's not talk about it because then it doesn't exist.
No "negativit
How is the TRUTH a "self fullfillng prophesy"??
When the car companies go under whats left of our industrial base?Where were you when we shipped our industries and technology out of the counrty or didnt you notice?
The truth is in the middle.
Thanks big government. And yes, that means bush too.
Please explain SPECIFICALLY how you came to this conclusion.
Maybe it was all the deregulation and tax cuts for the rich--that were supposed to increase revenues.
If this happens then does that mean Republicans will all Admit Socialism is better than Leveraged Capitalism when Other Americans' Bank Money is used to place Massive Casino Bets.
Time to add neon Lights to Wall Street and make it the FULL BLOWN CASINO it Deserves to be!
Take Traditional Banking out of Wall Street so our money can NOT be used in their D1RTY Hab!t!
Please leave the country.YO
Spelling 101, much?
Methinks you need ENGLISH 101 as well there, champ... unless you feel I might be un CIVEL in pointing that out to you.
Oh.... & your IDEAS are crap too.
Maybe this time we can get rid of the south and texass?
It is a big falacy to think that the U.S. has not already usurped Europe in unemployment. This happened years ago. The problem is that the U.S. has no way of knowing just who and who is not unemployed since, after people fall off of unemployment benefits, there is no way to track them unless they fall into the welfare system. Washington is so good at fudging the numbers--be it focusing on how many Americans died as opposed to Americans permanently injured or how many Iraqi's died; or, Bush's fuzzy math at projecting budget debts and surpluses. Nobody knows the real number and nobody is willing to tell the truth.
In Europe, most people fall into the social saftey net after unemployment. Even when unemployed, at some point the government gets you to work, even if it not what you want to do. In the US... the people on the right tend to blame you for not finding work, even though they are the ones majorly responsible for tanking the economy.
I think it would be good to put a moratorium on Congress' pay for say.... one year. No medical benefits nor expense accounts..
I would honestly predict that unemployment is far into the mid-teens by this point.
Obama's auto task force is pushing the destruction of many American jobs and pushing the acceleration of foreign imports. This includes accelrating the impots of cas from China.
Dennis Kuchinich spoke on CSpan and it is clear the Wall Street task force is the enemy of working people. A group of Congressmen are trying to get transparancy from the task foce that lead to the bait and switchtactics of the task force.
While Bush did many damaging things to the US, Obama is about to rip out the heart of many communities and our manufacturing industry. Sadly, what Obama said was a task force to save the auto industry is just the opposite..
If Obama follows through with his task force, then he will become worse for this country than Bush.
Too bad Kuchinich is not the President. Obama speaks well but his actions are far removed from his words.
Tell it walking. If a "foreign" company makes their cars here what do you care?? "US" companies import their parts. It can be hard to differentiate. Toyota opened a plant here recently, would you like them to shut it down so you can "buy American."
Good point.
I think what is most important is that jobs stay here. People want a good product for their money.
I have no problem with Toyota being here--as long as they pay their fair share. They're creating jobs.
I would like to see these car companies make electric cars.We can do better than hybrids.
Apples & Oranges.
Toyota is a non-union shop.
US companies design and build cars here using mostly local manufacturers. Foreign Manufacturers who manufacture here do all the design and management and associated support jobs overseas, and the assemble here, but most of their parts are imported. Most of the money leaves the country. Many of the jobs are lost.
Mandate Balanced trade or else lose all manufacturing and associated technology leadership.
Imports have job loss implications, loss of wealth (Obama is trying to borrow a trillion dollars from foreign manufacturering countries), loss of the arsenal of Democracy industrial infrstructure, and loss of technology leadership that will ripple down to our military.
And proudly defend your rationale for the purchase of every foreign trinket purchased over the last ten years.
Go ahead and tell me where one can purchase microprocessors or LCD displays or hard drives that are made in this country.
.... or just about anything else for that matter ----
You know that smelly blue tablet they throw in the urinals in restrooms? Good ole US of A!
I have never understood why a country this large has only two real viable--electable parties. We should have a lot more choice.
HP is a bit haywire for me tonight, some of my comments are appearing in the wrong, totally wrong places and this is one of them.
Me too.
You might understand more if you read a bit about how the two party system evolved and why it is a viable alternative to parliamentary coalition sometimes used in other countries. btw, how many major parties do Great Britain, Canada and Mexico have? Why do some our states like Minnesota manage to elect GOP candidates despite being overwhelmingly center left?
I do know the evolution. But this is a big country and we have a lot of opinions. It seems to me--and I am a tri-national and a citizen of a small country with many parties and a constitution based on the Federalist Papers--that we would just have more voices.
Minnesota is center-left economically but I can tell you from having lived there that it's not center-left socially, even in the Twin Cities. Lots of Republicans get elected in the red districts and people like Pawlenty get elected as moderates. Minnesota is really almost dead-center politically, (socially-
The problem is that the MSM automatically characterize 3rd party candidates as looneys on the fringe. Not likely to change, I'm afraid. MSM doesn't hide it's bias now, and they'll go with the dems every time, hyping their choice and tearing down the opposition, be they gop or 'other'.
The MSM has ripped apart many good potential Dems--Kucinich for one--and what about Howard Dean--just because he "screamed"--BFD! He would have probably been a good president, but we'll never know.He was a good Vermont Gov.
Maybe because we don't have public funding for campaigns-the BIG MONEY "party" (the wealthy elite) owns almost all of both parties-there are great exceptions like Kucinich and Sanders, but....
I agree Sanders and Kucinich are exceptions, along with Conyers and Dean too.
I vote present on unemployment issue.....
My comments are ending up in moderation limbo - so I am signing off as well.
/Dont worry Rasmussen has PA tied, no way Obama will take SC or FL.
G'night
"U.S. Jobless Rate May Soon Top Europe's"
... and the Twilight Zone is still teabagging ...
PerfectSense I'm a Fan of PerfectSense permalink
Clinton wisely signed Republican budgets to balance the budget.
Obama has no checks on his foolishness.
==========
Good point. Yes, Clinton passed a budget surplus on to good ole W.
And with a Republican presidency, house and Senate, that lasted what? All of half a term?
Then it was record deficit time.
Give a Republican a buck and he'll spend a grand, it should be their motto.
Its the Dems who are engaging in world record deficit spending.
it's hilarious.
eeeeeeeeee
My word, are you serious? Do you see what the dems and O are spending? Give a dem a buck, he'll spend a million. We are spending TWICE as much this year as we are taking in. And the dems control it all, so this baby is all yours....
"Then it was record deficit time."
=============
If you are concerned about W's deficits, brace yourself for biggest deficits in the history of mankind.
The added bonus is nobody really knows where Obama is sending the money.
Actually record deficit time is now. Bush deficit small compared to Obama debacle.
remember to add in the wars, then it's through the roof. please next time try to include all the numbers and stop trying to sweep some under the rug.
And what do you call what it is now?
Let's give credit where credit is due:
“When a good or service is produced at lower
cost in another country, it makes sense to import
it rather than to produce it domestical
—Economic Report of the President, p. 25, Nov 2004
****************
“Outsourcing is just a new way of doing
international trade. More things are tradable
than were tradable in the past. And that’s a
good thing.”
—N. Gregory Mankiw, Chairman of
President Bush’s Council of Economic
Advisors, Feb. 9, 2004
****************
The outsourcing of U.S. jobs “is part of trade...
and there can’t be any doubt about the
fact that trade makes the economy stronger.”
—U.S. Treasury Secretary John Snow,
***************
Now the measure of how well or poor we are doing is how we compare to Europe? The media once again trying to create a story.
Maybe, but one of my pet peeves is when people say this is the greatest country on earth out of ignorance.
What a boring pet peeve. you need to search for new ones.
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First Posted: 05-22-09 06:16 PM | Updated: 05-22-09 06:59 PM