Articles tagged with: unemployment
The Tough Lessons of 2011
By the end of this week, three quarters of the year 2011 will behind us, leaving only a few months left until year end. So far, 2011 hasn’t really given Americans too much to cheer about, and certainly hasn’t lived up to the expectations for a decent economic recovery. I suppose the best thing that can be said about 2011 …
West Wing Story: Rumble of Dems and GOP!
Republicans: The Dems won’t have their day Tonight
Democrats:The GOP won’t have their way Tonight
Republicans: The Democrats they grumble, “Fair fight”
But if they start a rumble, We’ll rumble ‘em Right
Democrats: We’re gonna hand ‘em a surprise Tonight
Republicans: We’re gonna cut ‘em down to size Tonight
Democrats: We said “Okay no rumpus, No tricks.” But just in case they jump us, We’re ready to mix Tonight!
Republicans: Well, they began it! Democrats: Well, they began it- Both: And we’re the ones to stop ‘em …
High Unemployment Is Here To Stay
The U.S. economy is on a treadmill these days, and it doesn’t look like things are going to get much better any time soon. The latest numbers on U.S. manufacturing activity, plus the weekly employment figures only confirm that the economy is still in the doldrums. Both of these indices showed almost no change from prior periods, and give a clear …
America May Face a Dire “Day After” Future
Several years ago, the American film industry produced a movie entitled “The Day After“. The basic theme of the film was how dramatically and quickly human life would change after the holocaust of a nuclear war. In a very graphic manner, it showed how American society would soon descend into chaos and anarchy once it was deprived of all the …
Fixing Unemployment Comp : Harbinger of Things to Come
During the November, 2010 Congressional elections, aspiring politicians across the country spoke at length about the budget deficit problems at both the federal and state levels of government. In fact, a return to fiscal responsibility was the over-riding theme of most political campaigns. Now that the elections are over and the winners have taken office, it’s time for the American …
America Must Replace Fear With Optimism
Image via Wikipedia
Eighty years ago, during the depth of the Great Depression, President Roosevelt warned the American people that “. . . we have nothing to fear except fear itself “. Although economic conditions across America are certainly much better than they were during the Depression, Roosevelt’s advice still holds true today. The economic recovery that started in the second …
Put Adam Smith Back in The Driver's Seat
It should come as no surprise that the U.S. Senate passed by a wide margin a $17.6 billion bill that is intended to spur hiring across the nation. Republicans had little to complain about since the “jobs bill” was relatively small in magnitude, had provisions for lots of tax reductions for both small and large businesses, and will be …
High Unemployment Will Dog 2010
There is little doubt that continued high unemployment rates will have a major impact on the 2010 mid-term elections, and may hamper Obama’s ability to accomplish other major campaign initiatives. The truth of the matter is that there is very little the Obama Administration (or any administration) can do to effect the economy in any significant way without changing the American capitalistic system.
End the Recession With Health Care Reform
The unexpectedly bad “jobs report” released by the Department of Labor on Friday came as no surprise to the Obama Administration, who has warned all along that the recession would most likely impact the economy for the rest of 2009 and probably most of 2010. Given the depth of the recession, that actually began in the fourth quarter of 2007, and given the disastrous …
