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nothingchanges
too soon old, too late smart
11:22 PM on 03/02/2011
If unemployment is a problem, why are Republicans planning on cutting hundreds of thousands of government jobs? They say it's to save money, I'm beginning to think it's a bit more insidious than that. Government jobs, union jobs, all predominantly Democratic jobs.

This isn't about money. It's about power. Just like their rich patrons, they want it all.......I wonder if they've started asking party affiliation on job application forms............. yet.
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marijam
Independent
07:35 AM on 03/03/2011
That may be what they think, but it isn't so. Most government jobs these days go to former military. I think these job cuts are going to come back to bite them.
11:08 PM on 03/02/2011
Nobody likes to talk about it because it brings up uncomfortable ideas and solutions, but I do think that most, if not all the world's problems can be traced back to overpopulation. Plain and simple. And yes, I realize we are a wasteful and inefficient species and that someone will point this out as a rebuttal- but I don't think resources need to be stretched to the absolute max before be considered "too stretched".
10:57 PM on 03/02/2011
I do well and should be paying more in taxes than I do. We cannot as a nation allow ourselves to descend into two camps-the haves and have nots. We must fund a robust social safety net and invest in our children......children of every race, ethnicity, and background.
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spinotter11
Spinning through life and trying to understand it.
11:49 PM on 03/02/2011
How refreshing (and rare) your attitude is. We should not lose hope completely as long as there are people who still believe in a shared society.
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Steve Rockett
12:56 AM on 03/03/2011
What you say is profound in its simplicity. It is amazing to me that we get caught up in a man made measure--money, when we have the ability to do the right thing by so many people and the environment. There are certain things that should be priceless like health, education, freedom, safety, etc. Yet we still block the common good because of the price on some ledger somewhere.
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WorkhelpWorkhelp
Control your money locally. Charter banks now.
01:54 AM on 03/03/2011
The top ledger is identified here.....

http://www.youtube.com/watch?v=swkq2E8mswI
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HMDMSR
Workers of the world, unite!
09:44 PM on 03/02/2011
No, the major worry is the now 40 year old downward trend in the US economy. How long does it take for an essential point to sink into a thick head?
11:03 PM on 03/02/2011
I was thinking about this earlier, how we seem to go up and down with the economy and never find a comfortable balance long enough... I think by the time anything sinks in, the older generation dies off and the younger is too young to know anything but what already is. Hence, they're set up to make the same mistakes through trial and error. A never ending cycle. You can tell someone to read a history book, but much like being told that "mom knows best", you have to make the mistakes to realize that she actually does. Not sure if I made any sense here.
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WoodsideCraig
Author of the blog "The Weiler Psi"
11:42 PM on 03/02/2011
Oh, you made sense all right. I agree with you.
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Blackorpheus
the decisive blows are always struck left-handed
09:32 PM on 03/02/2011
Not to worry, President O is on top of it.
08:51 PM on 03/02/2011
but they didn't take into account all the jobs saved by the me$$1ah
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democrats for life
republicans need not apply
09:21 PM on 03/02/2011
Bush had 8 years of negative job growth. that is a record that will never be beat
11:07 PM on 03/02/2011
unfortunately w had controll of congress for 4 of his 8 years all the debt and disaster occured after the dems took control in 2006
08:40 PM on 03/02/2011
Failure of market capitalism to provide jobs is causing revolutions across Arab world. This is the beginning of a global trend. So, you know what we should do? Let's ignore it. Let's pretend it's not happening and that capitalism IS OKAY.

You know why we should do this? Because the alternative that is currently on the books - socialism - does not work either. This world, so full of clever people, with so many rich people, yet we -billions of us - cannot figure out how to provide work on a planet that is in really, really, bad shape.

Shh!
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themodernleader
09:02 PM on 03/02/2011
   Your thoughts are worth considering.  F&F.  The best economic system of large dimmensions is the Chinese.  Our foolish leaders should study it but they don't because of ignorance and hubris.  The Chinese have established the economic system that Harrry Truman, Eisenhower and  Kennedy nourished:  My brilliant unknown professor who was tragically killed in a car-train accident, called that system "mixed economic system".  I am the only economist (who is unrecognized) who calls the Chinese "economic miracle"  a mixed economic system  protected and nourished by exported mercantelism. 
12:16 AM on 03/03/2011
Any economic model without corporate social responsibility is flawed and doomed to failure...history bears this out time and again. China is an economic model to economists because it makes money without the restraint of corporate social responsibility. Economists fail to emphasize the importance of the need for a corporate Hippocratic oath - "do no harm".

China's economy is a direct product of US corporate exuberance to find slave labor, outsource production, and kill US jobs. The Chinese leadership are well-to-do monopolists and are among the big winners of the war on the American middle class. China's future success is tenuous and depends on the US citizenry not revolting over job outsourcing (amongst a great many other things) and the Chinese citizenry not revolting over the most basic of human rights abuses.

In any case, the Friedmanist "success" that is China will only be a success for as long as people tolerate being abused by profiteering corporations. The push-back has started, and will be interesting to see how the China "model" fares.
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themodernleader
10:05 AM on 03/03/2011
   It seems to me that all economic systems are either rising or falling.  the FDR-HST economy was corrupted and replaced by monopolistic capitalism installed by rapacious bankers.  This system has established plutocracy.  This system may or may not be overthrown by a frightened, desperate and determined citizentry.  I am not a prophet.  I try to make sense of wht is now happening.  See the 2010 documentary: The Wizard of Oz.  ktrhat documentary connected the dots for my understanding of the dangerous role of private baning in managing a nation's currency.
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WorkhelpWorkhelp
Control your money locally. Charter banks now.
01:55 AM on 03/03/2011
You'll enjoy this video. I just know it. You'll hate it too. Because of the truths revealed.

http://www.youtube.com/watch?v=swkq2E8mswI
08:23 AM on 03/03/2011
Thanks for link. It's long. Looks very interesting.
08:37 PM on 03/02/2011
Well said. I think everyone should squeeze every penny until it bleeds. Money only goes to the ceos. They cannot keep these lies alive forever.
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08:35 PM on 03/02/2011
Wait until the "deficit-cutting" layoffs start?

The GOP - destroying our country one working family at a time.
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WorkhelpWorkhelp
Control your money locally. Charter banks now.
01:56 AM on 03/03/2011
And this video will give you an idea who they're (GOP) working for....

http://www.youtube.com/watch?v=swkq2E8mswI
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themodernleader
08:23 PM on 03/02/2011
   Not mentioned in the article:  The layoffs resulted from "merger activity" that means that monopolies are buying up and shutting down their biggest competitors.  This damned nation is becoming a corporate state with the same inherent defects as the failed Soviet Union with one exception.  Our centralized, collectivized, concentrated economic decision making  is under the collective direction of robber barons who own a declining, bankrupt government.  This centralized monopoly captitalism is failing in the very same manner as the Soviet Union and our nation with it.  Our government is the worst government in American history.  i can not grasp their collective incompetence and negligence and treason.
  
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08:06 PM on 03/02/2011
NAIRU
- Non-Accele­rating Inflation Rate of Unemployme­nt. This Milton Friedman idea has been holy writ in the conservati­ve new era (or neoliberal in the rest of the world) since the advent of Reagan and Thatcher

. It says that full employment causes accelerati­ng inflation so an arbitrary unemployme­nt target is created that is considered "natural full employment­", usually between 5% to 10%, and it is decreed that if the unemployme­nt rate falls below that number, measures are to be taken to create unemployme­nt so as to fall above the target again.

. Thus, unemployme­nt is public policy by right wing conservati­ves for the purpose of disciplini­ng labour.
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Boston-liberal
07:58 PM on 03/02/2011
Businesses won't hire people until the believe that hiring more people will earn them more money. If it costs $40k/year for 1 employee they're looking for $20K at least in net profits. Do you know why they aren't hiring? Lack. of. Demand.
12:11 AM on 03/03/2011
NO demand for there goods equal no new hires so unemployment is high.
no real health care creates a negative reason to hire people
but enough people out of work and hungry equal bad times
plus with fewer gov. workers less people to control the masses

Egypt here we come
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WorkhelpWorkhelp
Control your money locally. Charter banks now.
01:57 AM on 03/03/2011
Egypt indeed. Watch this and get your hair up....

http://www.youtube.com/watch?v=swkq2E8mswI
This comment has been removed due to violations of our [Guidelines]
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whyus
San Francisco native
07:34 PM on 03/02/2011
Wait a minute, it's the "major worry" if you're unemployed.
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harveyr2
Be skeptical of politicians or be their pawn
07:19 PM on 03/02/2011
I find it quite enlightening that two years into Obama's presidency, during the worst economic dislocation since the great depression and no one, and I mean no one, can articulate Obama's economic strategy.

What is Obamanomics?

By this time in his presidency, Reagan pulled the country out of the crapper that he inherited and "Reaganomics" was well understood (not the same as agreed upon by all citizens).
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Nebris
Auteur and Guru
07:53 PM on 03/02/2011
"Reaganomi­cs" set the stage for the present debacle.
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harveyr2
Be skeptical of politicians or be their pawn
08:35 AM on 03/03/2011
So you agree, Obama is mia when it comes to an economic strategy. Thank you.