DISQUS

AMERICAblog: Unemployment rate up to 6.5%

  • Dave of the Jungle · 1 year ago
    Responsible conservatives should urge the Republican Party to cease operations and promptly disband.
  • grandma · 1 year ago
    responsible conservatives??...surely an oxymoron ;)
  • grandma · 1 year ago
    Yep...Bush left a mess....sounds like retailers won't be having a Merry Christmas this year either....sales are down all over with the exception of WalMart.
  • Dave of the Jungle · 1 year ago
    I see Sarah and Todd becoming WalMart Icons.
  • JohnInTexas · 1 year ago
    And sales are going down at all Mormon owned and black-owned businesses, at least my money isn't going to any of them.
  • Patriot · 1 year ago
    I would love to know if Bush feels any complicity or fault for the economy. We all know how pathological he is in his denial of mistakes.
  • jamespap100 · 1 year ago
    Do you really think he was in charge? I don't think he knew anything. He was just a puppet, who didn't even know how to speak. I think he was thw dummest and worst president you Americans ever had
  • Cpeterka · 1 year ago
    Let's all HOPE that the Worst President Ever is quickly replaced by the Best President Ever !!
  • Indigo · 1 year ago
    The Onion caps it all with more fact than satire in:
    Black Man Given Nation’s Worst Job
    at http://www.theonion.com/content/news_briefs/bla...
  • ggersten · 1 year ago
    No one should be surprised. Bush campaigned on his MBA degree and corporate experience. Well, Bush acted just like as he had as a corporate executive - he ran the country into the ground as bad if not worse than he ran his companies into the ground. And he can't even blame trading for Jose Canseco.
  • Flori_Duh · 1 year ago
    Clinton Years

    1992 Empl from BLS in 100k - 1103 (Excluding Jan.)
    1993 - 2791
    1994 - 3851
    1995 - 2150
    1996 - 2794
    1997 - 3357
    1998 - 3001
    1999 - 3173
    2000 - 1937 (including Jan. 2001)

    Bush Years

    2001 - Empl from BLS in 100k - Neg. 1746 (Excl Jan.)
    2002 - Neg. 540
    2003 - 87
    2004 - 2081
    2005 - 2532
    2006 - 2099
    2007 - 1096
    2008 - Neg. 1179 through Oct.

    Clinton Admin. created 24.157 Million New Jobs.
    Bush Admin. created 4.430 Million New Jobs.

    150k new jobs per month required to keep up with new entrants into employment marketplace, or 1.8 million per year.

    Clinton beat the requirepment by more than 10 million.
    Bush still has 3 months (Nov., Dec. and Jan. ) of new job growth (YEAH, RIGHT, GROWTH!!!) to get there, as he has so far, underperformed by 13.6 million jobs!!!
  • nicho · 1 year ago
    Double that unemployment figure and you might be in the ballpark. The Bush Crime Family has been cooking the books for years. I'm guessing more like 14-15%.
  • brian · 1 year ago
    My Republican friend blames Clinton for this mess. He says that the housing market was caused by Clinton. Eight years later and they are still blaming Clinton.
  • LeeFromHamburgNY · 1 year ago
    Typical. The republicans do not know how to admit mistakes. They only know how to blame the democrats. Clinton did vote for less regulation towards the end of his term, however, the Bush administration dropped the ball when it came to oversight and realizing that the banks and wall street couldn't (or wouldn't) practice sound economic procedures. Bush also wanted to put more people into homes in order to make his numbers look good, even if those people couldn't afford those homes. The republicans were hoping that the housing market crash wouldn't occur until Bush was out of the white house, but it backfired on them... (and our country)
  • NMRon · 1 year ago
    But you've already seen it in the press, what a 'raw' deal Bush is gonna get because he really did some good things for America. The Reich-wing Wurlitzer and the corporate media are going to try to rewrite Bush's legacy just like they did Raygun.
    "I know you think it was bad, but, really, he did great things. . . Really."
    Personally, I think they have to salvage Bush to salvage conservatism as an ideology. I don't want that to happen. We have to shift focus from what a douche Bush was to what a shitty, unworkable and failed ideology conservatism is. We have to deconstruct conservative philosophy daily and expose its underlying tenets of greed and privilege for a few and how, when given free rein to do exactly as they pleased, 99% of the rest of us were abysmally fucked.
  • NMRon · 1 year ago
    And, goddammit, we need to teach civics and history in schools again!
  • TomsOld · 1 year ago
    It's going to be a hard rock candy Christmas.
  • burro · 1 year ago
    And Shrubwit thinks, or says anyway, that history will vindicate his sorry ass. On what basis? He opened the barn door and then stepped back and admired himself in the mirror in his flight suit while every creature in the barn walked out and left.

    History is going to need to take a Valium every time it considers The Idiot.
  • MrJJ · 1 year ago
    Loss of 500k+ jobs in 2 months....

    284,000 in September & 240,000 in October

    Nonfarm payroll employment fell by 240,000 in October, and the unemployment rate
    rose from 6.1 to 6.5 percent, the Bureau of Labor Statistics of the U.S. Department
    of Labor reported today. October's drop in payroll employment followed declines of
    127,000 in August and 284,000 in September, as revised. Employment has fallen by
    1.2 million in the first 10 months of 2008; over half of the decrease has occurred
    in the past 3 months. In October, job losses continued in manufacturing, construc-
    tion, and several service-providing industries. Health care and mining continued
    to add jobs.
    http://www.bls.gov/news.release/empsit.nr0.htm
  • MNUSA · 1 year ago
    Note that August and September figures were increased. Were the lower results originally released intended to blunt the losses for the election?
  • Older_Wiser · 1 year ago
    Unemployment at 14 yr high. Ha. I know lots of people who haven't had a job, or at least a living wage job, in many years now.

    They're saying there are 10 million people out of work in the US. I'd beg to differ since many have just given up or are working at PT jobs. And it's not just the workers who are suffering, it's their families as well. More people on food stamps than ever before. Crisis centers are swamped, and there is far more homelessness, including many children. Just in Charlotte alone, there are over 3,000 kids considered homeless, including some living in drug-infested by the week motels.

    We'll probably never really know, at least until the Obama administration takes over, exactly how many are out of work. I know I won't be shocked, though.
  • ivyfree · 1 year ago
    Bush AND the republicans. We need to begin as we mean to go on, and discuss this as a Democratic approach to republican-craeted problems. We need to remind people that the economy is in the tank because of republican policies and lack of oversight. Actually, same thing with everything that's going wrong. Health care? Due to policies that promote insurance company profit over the health of the client. The environment? Failure of the EPA due to Republican policies. FDA? Change in regulations due to republican policies. We need to hammer it in so that in four years, we don't have to start at zero education the public that this country is a disaster due to republican policies, voted in and promoted by republicans who actively obstructed Democrats in their efforts to participate.
  • obrienr · 1 year ago
    (wrong thread)