For each job, 4.6 Americans are unemployed

[halfpint]

For each job opening in the country, around 4.6 unemployed Americans remain without work, reveals statistics just published from the Department of Labor.

While it has been on surprise that unemployment figures have been on the rise, statistics out today from the Labor Department show that there around 300,000 more jobless Americans for each vacant position than there was only one month earlier.

The bad news doesn't stop there.

With the economy in turmoil overseas as well, experts suggest that it could be quite some time before the unemployment rate dips back down to a pre-recession number. US President Barack Obama has insisted that the passing of his American Jobs Act could bring businesses to making enough hires to get the United States out of its current job slump, but Congress shows no hopes of approving the bill. Unemployment has remained stagnant and gloomy since the president took office in 2009, a feat only accentuated by faltering markets both domestically and abroad.

"My view is they continue to stay with a tight belt and I think it means less hiring than they would have done otherwise,? General Electric Co Vice Chairman Michael Neal tells Reuters today.

Alocoa CEO Klaus Kleinfeld echoed those sentiments, adding that weary in the workplace internationally is keeping both America and the eurozone from escaping a future that seems almost futile.

"I'm more concerned about lack of confidence than about market fundamentals," Kleinfeld said to Reuters this week. "It almost looks like the world is worrying itself into another recession and that should not be allowed to happen."

In only the last few months, economists across the world have suggested that as conditions worsen across the sea, a domino effect will only diminish the only chances America has at rebounding from the recession of yesteryear. House Speaker John Boehner this summer expressed worries over the American economy, to which both the International Monetary Fund and billionaire George Soros have also acknowledged is in dire straits.

Others say that these warnings should only be expected.

?How could they possibly be surprised that global GDP growth will be sub-par both this year and next year and as far as the eye can see?? Michael Pento of Pento Porfolio Services told RT last month.

As more American become unemployed and corporations rake in record profits, the Occupy Wall Street movement that began in Lower Manhattan last month ? which some say is America?s answer to the Arab Spring ? has spread across the country and into other nations internationally as people of all walks of life protest conditions.

http://rt.com/usa/news/job-46-unemployed-america-901/

[Captain Kawaii]

Planet's going to be on fire by Christmas... If anybody can still afford marshmallows...lets have a party!

[halfpint]

Originally Posted by Captain Kawaii

Planet's going to be on fire by Christmas... If anybody can still afford marshmallows...lets have a party!

I love marshmallows over a BBQ yummy ...

For the UK its not looking very good either.

UK unemployment rose by 114,000 between June and August to 2.57 million - a 17-year high, according to official figures.

The Office for National Statistics (ONS) said the unemployment rate also increased to 8.1%.

The unemployment total for 16-24 year olds hit a record high of 991,000 in the quarter, a jobless rate of 21.3%.

The claimant count, the number of people out of work and claiming benefits, rose 17,500 to 1.6 million in September.

http://www.bbc.co.uk/news/10604117

[blackmonsters]

I predicted this when Bush started 2 wars.

I predicted that the fall out from all the money spent on the wars, plus newly found
anti-Americanism, would sink the economy but it would only become visible to
most Americans after Bush left office because the sinking of something this big
would take longer than his presidency would last.

Osama Bin Laden predicted it too and that was his goal.

https://youtube.com/watch?v=xfaOJaNVG2E


https://youtube.com/watch?v=M8mpPcXvjo0


That is the reality, but go ahead and keep blaming and fighting Obama while forgetting
that no matter how much you don't like him, he is still the one charged with trying to
fix it.

He ain't gonna fix it without help from congress.

The top political priority should be to get America back on it's feet no matter who the
president is. But listen to this :

https://youtube.com/watch?v=W-A09...el_video_title



We need to get rid of some politicians for sure; but make sure you know which ones
need to go.

[raymor]

Blackmonsters, if the current problems are the result of war costs, please explain three things:

Why would this war have the opposite eeffect from every other war in history? Wars are associated with economic booms, not ssevere recessions.

War cost ~ $115 billion / year.
Obama's overspending - $1,200 billion / year.

Given that Obama's DEFICIT is ten times the cost of the war, why is it the war spending that's the problem rather all of tje other new spending?

The war started in 2003.
Obama elected 2008.
Recession began 2008.
Is that kind of like blaming the 2008-2011 recession on Gone With the Wind, 1939?

[ilnjscb]

Originally Posted by raymor

Blackmonsters, if the current problems are the result of war costs, please explain three things:

Why would this war have the opposite eeffect from every other war in history? Wars are associated with economic booms, not ssevere recessions.

War cost ~ $115 billion / year.
Obama's overspending - $1,200 billion / year.

Given that Obama's DEFICIT is ten times the cost of the war, why is it the war spending that's the problem rather all of tje other new spending?

The war started in 2003.
Obama elected 2008.
Recession began 2008.
Is that kind of like blaming the 2008-2011 recession on Gone With the Wind, 1939?

Bush tax cuts mixed with rampant international investment created a scenario where the world was awash in dollars. Clinton created a surplus (remember that?) and was set to buy back long treasuries. For a while, the long bond didn't exist. Then that idiot Bush decided to obligate us to creditors to the tune of 2 trillion fighting in Iraq while our real enemy hid out in Afghanistan and Pakistan. He also decided to ask us to borrow money rather than pay taxes. In the end, you pay more borrowing to pay your bills than just paying your bills. He created a deficit of over 6 trillion, and the largest expense became the interest on that debt. One small downturn later, tax revenue declines and we can't pay the interest without borrowing more, a vicious cycle. Let's examine what one bearded psycopath did by giving fools like Dubya their head:

he spent 500k and 20 losers (and in the end thank god lost his dumb life)
he gave dubs the rationale to spend 2 tril in Iraq
he gave us the rationale to give up our cherished freedoms
he gave us the rationale to created the department of homeland security, a bloated mess
he gave us the idea that feeling up little girls in an airport made us more secure
he gave us the rationale to throw our weight around the rest of the world, saying shit like "if you're not with us you're against us" which evaporated any positive sentiment

I'm glad the stupid sack of shit is dead at the bottom of the ocean. But the evangelist moron we had for a president has been followed by a socialist who so desperately wants to be 100% black that he'll pay any amount of American money to have AA approval. He and Bush approved the 700b bailout. They both expanded the military infrastructure, mostly with contractors. They both started conflicts without congressional approval. They both spent tons of money with no purpose. They both had high ratings with their base (evangelists and blacks) and disappointed the rest of their parties. Neither one ever met a check they didn't want to write, as long as it was with someone else's money. Evangelists never gave up on Bush (it was the devils fault) and Blacks will never give up on Obama (guess who bears the fault).

What we need again is someone who was born poor and fought their way up, who wasn't given everything because of their rich daddy or their skin color. No more messiahs, just a hard working pragmatist who cares a little bit about people, and we'll be fine.

[garce]

For once, I have the shortest post in a thread.

[Captain Kawaii]

Originally Posted by garce

For once, I have the shortest post in a thread.

LOL...Its good to be short...

I just wonder how long before GOV starts inserting insurgents into protests like is being done in Israeli Protests going on now. Peeps slithering in from the West Bank wanting to join up - though they are in part the object of the protests. Israeli leadership trying to diffuse situation that way. Sickening.

I expect here and in EU they will insert folks who will start looting and mayhem giving just cause for the new gestapo to be unleashed.

The US needs to be stopped but how. Not the common peeps but the bankers and the wall streeters...Nothing short of their demise will fix this. What is needed is a French Revolution #2.

[Ron Bennett]

Read up on Ross Perot and his comments during the Presidential campaign back in 1992 regarding foreign trade and jobs ... the seeds of the current economic problems dates back decades over numerous Presidential administrations.

In particular, labor arbitrage; outsourcing production to the 3rd world and yet still charging 1st world prices. Externalized costs, such as the ability to use slave wage labor working in abusive conditions (excess hours, few breaks, little safety, etc) with less environmental controls...

Many people say Americans don't work hard - nonsense! Many U.S. citizens are willing to work hard, but aren't going to put up with working in unsafe conditions for peanuts; they expect a living wage. There's no way a U.S. citizen with 1st world bills can live much of a life on a 3rd world wage.

The various free trade agreements, such as NAFTA further compounds the issue - in many instances, the outsourcing is brought here - ie. many Mexican trucks are now permitted well into the U.S. And of course, as many in the tech field are well aware, the issues of H1B workers driving down wages / displacing U.S. workers.

And then add top of all that, technology / automation allows much more work to be performed by relatively few people. Many decent paying jobs simply no longer exist, including some that are kinda surprising...

For example, was watching This Old House and they had a segment about 3D printers to print out 3D scale models - simply create the design on the computer and the printer in a few hours prints out a 3D replica, including interior elements, all in color! Amazing stuff - I was aware of 3D printing, but the tech is far better than I'd ever imagined - rambling on, but point is that many tasks that once required a team of educated workers can now be done by one using a computer.

Bottom line is there are simply too many excess people. As to how that can be dealt with ...

Feudalism? -that seems to be the current path right now
Some would argue feudalism never really ended - read a property deed sometime ... note the phrase "Fee Simple" (google for where that term is derived from); property taxes.

Mass-extermination? -sounds out there, but not so far-fetched

Naturally? -plague, meteor impact, etc

War? -global nuclear war, bio-toxins, etc

Different economic system? -socialism with many people paid not to work; already common in many countries

As for the protests ... they may help change things a little; prompt some of the power-elite to slide a few more peanuts over to the 99% to avoid violent mass uprisings.

Ron

[porno jew]

Originally Posted by Ron Bennett

Bottom line is there are simply too many excess people. As to how that can be dealt with ...

Feudalism? -that seems to be the current path right now
Some would argue feudalism never really ended - read a property deed sometime ... note the phrase "Fee Simple" (google for where that term is derived from); property taxes.

Mass-extermination? -sounds out there, but not so far-fetched

Naturally? -plague, meteor impact, etc

War? -global nuclear war, bio-toxins, etc

Different economic system? -socialism with many people paid not to work; already common in many countries

As for the protests ... they may help change things a little; prompt some of the power-elite to slide a few more peanuts over to the 99% to avoid violent mass uprisings.

Ron

here http://en.wikipedia.org/wiki/Post-Scarcity_Anarchism

http://en.wikipedia.org/wiki/Nanosocialism

[blackmonsters]

Originally Posted by raymor

Blackmonsters, if the current problems are the result of war costs, please explain three things:

Why would this war have the opposite eeffect from every other war in history? Wars are associated with economic booms, not ssevere recessions.

War cost ~ $115 billion / year.
Obama's overspending - $1,200 billion / year.

Given that Obama's DEFICIT is ten times the cost of the war, why is it the war spending that's the problem rather all of tje other new spending?

The war started in 2003.
Obama elected 2008.
Recession began 2008.
Is that kind of like blaming the 2008-2011 recession on Gone With the Wind, 1939?

You asked : "Why would this war have the opposite effect from every other war in history?"

I have to say that this is a truly ridiculous question.

You may as well ask me why we can't win a war with single shot muskets since so many wars in history were won that way.

Things change!

First :

America does not sell weapons to everybody in the world like we did during previous
wars and that would be the first reason why no jobs are created in America by war.

Second :

What you claim as the history of war is not the history of all wars, but
rather the rhetoric of the blind and uneducated.

For example :

- Nazi Germany went fucking broke and was destroyed by going to war.

- The Soviet Union invasion of Afghanistan brought extreme shortages of food and
money in the Soviet Union and Soviet soldiers surrendered to Afghans just to get
food!


You said : "Recession began 2008"

It sure did, and Obama took office in 2009

http://en.wikipedia.org/wiki/Inaugur...f_Barack_Obama

The inauguration of Barack Obama as the 44th President of the United States took place on Tuesday, January 20, 2009.

Oh, how quick people have forgotten the words of George Bush :

https://youtube.com/watch?v=YsDmPEeurfA



You are simply eating up the bullshit spouted by people who simply hate Obama
and you make no effort to research even the most basic facts.
That's what we call sheep homie!

Bahhhhhhh. Bahhhhh.

Sheep.

https://youtube.com/watch?v=cE_erLQW0Q0