Record number of Americans now receiving jobless benefits
Thanks, George Bush and Republican economic philosophies!
The number of people receiving unemployment benefits has reached an all-time record, the government said Thursday, and more layoffs are spreading throughout the economy.
The Labor Department reported that the number of Americans continuing to claim unemployment insurance for the week ending Jan. 17 was a seasonally adjusted 4.78 million, the highest on records dating back to 1967. That's an increase of 159,000 from the previous week and worse than economists' expectations of 4.65 million.
As a proportion of the work force, the tally of unemployment benefit recipients is the highest since August 1983, a department analyst said.
I'm just afraid that we're not out of the dark yet. It's gonna get worse before it gets better. And that's a scary prospect.
We're all becoming phantom troopers?
Diabolus est Deus Inversus
Brother can you spare a Loonie ?
much before mid-2010, at the SOONEST.
have been flat for 20+ years, and now we're even losing those crappy jobs in record numbers? And at the same time Wall St. financiers collect over $18B in bonuses for 2008? And our president's response is not action but just words, saying it's "shameful" and the "height of irresponsibility?" Does he think that "shame" will make the thieves give the money back? They have no shame, and nothing will stop the trickle-up redistribution of income that wage & labor inequities create except laws against it and tough enforcement of those laws -- laws that are passed by politicians we elect to represent our interests. But then they won't do that, because they're in the tank to the corporations that give them scads of money. We are so screwed.
Whenever repubs are mouthing off about 'bipartisan' (in RNC-speak bipartisan means do everything the RNC wants) and how they don't like the stimulus package a dem should shoot back, "Its YOUR party's FAULT we're in this mess!" Then start trotting out statistics like unemployment.
republicans for letting your greed get the best of you and let you lose your honesty, honor, integrity, and intelligence!
"I'm just afraid that we're not out of the dark yet."
The really scary thing is, the lights haven't really all gone out yet. The dark is still to come.
Y'all don bescared!!
More and more economists are saying this crisis is worse than the Great Depression:
http://www.infowars.com/more-economists-say-c...
That Obama so-called "Stimulus" plan just passed by the House tacked on another $6700 of debt to every man/woman/child...on top of the $750 billion of the previous theft, I mean bailout.
Yes, you know deep inside this is going to be worse than the dirty thirties. I am sure because the fat cats got out just in time with all the cash. Bailout my ass. Get ready for the great debauchery. Mayhem will be the norm. Running out of unemployment funds already and the fat cats are still getting bonuses. Thats the big thank you from Bush and Company and all the Corporate scum for job well done. They suckered you good and proper. Blackwater is getting kicked out of Iraq but they will be appearing soon in your home town to control civil unrest. You bought their song and dance with Chevrolets and Mom's Apple Pie and now you will pay the Piper. Cheney and the Cabal will make you pray for WAR, you betcha.
Is it time to bail out of the US.
Not Bail Out, but bail out of...as in leave a sinking ship.
From a Republican, Paul Craig Roberts:
http://www.counterpunch.org/roberts01292009.html
Every relatively long term government that's ever been has destroyed itself and it's nations economy by debasing the currency. What's happening now is only natural. People are productive and will be okay. Governments are unproductive and will die off and that's a good thing. Hopefully enough people have wised up and won't allow the beginning of a new cycle by resurrecting another government.
I feel sure that these numbers are actually far lower than reality.
what really sucks is when you have to tell someone at an interview you are unemployed. I can't say for a fact but I can sure say that I have a strong feeling the few phone screens I have had, telling them I'm unemployed doesn't seem to go over well...
I'm in IT and I'm 4 weeks u/e and it isn't looking good
LOL, try telling them you've been unemployed for almost 8 years. This shit hit me back in 2001 (pre 9/11) and only got worse from there.
and I thought I was bad.
Class Warfare 101
statusquObama, change you can only pretend in
well we didn't even begin to cover the 2012 scenarios, ancient or otherwise, yet.
maybe we will get lucky and an asteroid will remove the criminals from DC.
for having dreams of asteroids hitting DC.
statusquObama, change you can only pretend in
that keeps dreaming of the death of innocents just because she's angry at the Federal Government.
Alice, if I'm a troll, then so are you.
Try:
http://www.youtube.com/watch?v=kdK8E8m56tA
Diabolus est Deus Inversus
Unless you meant to be insulting. In which case, fuck you.
Wrong on both counts, do you want to use a lifeline?
Diabolus est Deus Inversus
If you want to be deliberately obscure, that's your prerogative.
I heard on the news yesterday that certain industries seem recession proof, and are reporting increasing sales: junk food, alcohol, movie rentals and pacemakers.
Diabolus est Deus Inversus
certainly isn't holding true for the porn industry. not that I know anything about that.
Nasty!!
Best . . Picture . . . Ever.
In Oregon, it is against the law to pump your own gas which creates almost 7,500 gas attendant jobs in a state of roughly 7 mil. That's about ten percent of the population.
If Obama were to ban self-serve in all 50 states, it would create MILLIONS of jobs. They may be low-paying jobs but low-pay is still better than no-pay. Besides, there are over 500 pump fires across the country. There are none in Oregon.
Prove your math- It appears idiotic on the surface- Freddie, do you still maneuver around upon those 'knuckles'? (Tell me otherwise;)
My number of 7,500 turns out is a little low. According to OSHA, it's closer to 10,500. Thanks.
If you still need someone to do the math for you, take your fingers out of your ass and do it yourself. Chimp.
Talk shit when you know what you're talking about. Until then all you're saying is "d-d-d-durrrrrrr."
there's only one thing you can say about this....
fuck bush and his whole a$$hole administration's greed
and incompetence.
I've read AP reports, Newsweek articles, LA Times, NY Times, FOX News, etc...
New York City's unemployment hotline got DDOS'ed. I think a few times? too many people calling in to request benefits. broke the servers or something...
tons of state unemployment insurance accounts are under-funded. I mean. its awesome that both Bush and Obama extended the amount of time we get to draw from UI. but. the money's not there to pay that out. - and what sucks is, more people are getting FIRED! think about that - we don't have enough money to pay UI now, and more people are expected to lose their jobs...
the US Postal Service is considering dropping Saturday mail delivery...
cops are running out of bullets to deploy for field purposes, and usually bring their own shit to target practice now...
plus - the levees outside of New Orleans are still in a terrible state. not to mention all the broken, crumbling bridges. overpasses. tunnels...
you don't fix a problem of this magnitude, by lowering taxes and relaxing standards and regulations. the sad fact of the matter is - you fix this by raising taxes, standards and regulations.
PLUS! - who knows - we start focusing on green technologies and quick/efficient/sturdy infrastructure chores... and you can bet some awesome Americans here & there will figure some new technological trick out, and we'll patent it and get rich like we've done so many times in the past when America ran into economic problems.
printing presses
light bulbs
ac/dc currents
production/factory lines
qwerty keyboards
internets
and so on...
so I really support Obama's bill, and its discouraging that NO Republicans supported it today. not a single one. I hope this doesn't become a theme. we can't afford this bitter bickering.
I understand their argument. its an age old argument of business. Republicans support an increase in sales. Democrats want to reduce costs. both issues must be reasonably considered.
I believe President Obama and the Democratic Congress' Public Spending Bill contains a lot of failsafes to ensure we temporarily increase consumerism - by hiring resources to focus on repairing infrastructure and researching/installing alternative energies - which will result in long-term infrastructural cost-savings.
I urge Republican Senators to not be so hasty to defy this bill which their constituents so desperately need.
Indeed- where we'd like to be ultimately. Let's keep our eyes there!
we have two parties and one doesn't live in reality, the other, I'm beginning to wonder.
BTW, I'd like to see the total wages and benefits of congress and their aides posted sometime, preferably itemized totals.
things have gottin better since bush left....thing is the problems he left us all havent and the rethugs arent gonna make it any easyer and some dems too....tax cuts dont work and they know it bitching and moaning wont either but thats all they got
tell them to go pound sand till they get with the program...Obama needs to go out there and expose each and every B.S lie that the rethugs have used and call them out on it by name and lie
I hope that's what Obama has been doing by holding these meetings and cocktail parties, show himself to be gracious and then show the repugs to be obstructionists.
But the history of the Democratic party is that they will work to show us all of this and still not manage to get their message across the American people.
yeah, but listen to these jack ass repugs talk, I hear one schmuck saying "We have better ideas to create jobs"...and all I could think is: Where have these ideas been for the last 8 years? we didn't just start to loose jobs now, we have been going down hill for the entire time Dubya was in office and for 6 of those long long years the Republicans had TOTAL POWER, they held all 3 branches plus the suprime court and they couldn't get shit done, they couldn't create jobs or reverse the job market.
We need to kick all the Repugs out of this country, for the benefit of ourselves and the American way of life!
I know! How about anything having to do with the profligate and horrendously destructive War on (Some) Drugs, for a starter? Think of all the money that could be re-routed to unemployment insurance and other social safety net programs.
Last year the Feds shelled out 40 Billion, and that's just one year. A Trillion dollars in 40 years alone. Now, what could we have done with all that lovely money? Energy independence? Universal Healthcare? All wasted chasing pot smokers, and fattening the wallets of both the DrugWarriors and the cartels at the same time...but nobody else.
With so many facing personal and familial disaster, it's time to debate why we have a DrugWar at all when we just can't afford it anymore.
war on drugs...war on Terror...no child left behind...military waste(now that's a biggie)...get rid of aircraft carriers (are they necessary any more without a threat?)........Cut elected officials wages-all of them....
Do Jeddi's drive Jettas?
Diabolus est Deus Inversus
Democrats in congress need to start weilding their POWER, and stop acting like they are still the minority.
Tell the republicans either to get on the wagon, or get the hell out of the way ... and if they don't, run them the hell over!
They got us into this situation, why on earth should we listen to a damned thing they have to say? I for one am sick and tired of this hey let's be bipartisan shit ... why on earth would we want to cooperate with the rabid right? Did they cooperate ever with anything we tried to accomplish? HELL NO!
Hey, its Danny Choo! http://www.dannychoo.com/
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