The truth about jobs that no one wants to tell

[HYENA 4]

I pay more than you, blowhard.

You did say you're "high profile".

Go read what I said, dickwad.

Note for the record; he resorts to namecalling to make up for lack of intelligence and written communication skills.

Kind of like most mentally challenged who react with outbursts....turrets anyone?

[Ban Hammer 14,635]

I pay more than you, blowhard.

You did say you're "high profile".

Go read what I said, dickwad.

Note for the record; he resorts to namecalling to make up for lack of intelligence and written communication skills.

Kind of like most mentally challenged who react with outbursts....turrets anyone?

like those on a tank?

[Gary and Alla 3,696]

Whenever liberal, governemtn based solutions do not work it is always because we need MORE liberal government based solutions. Exactly how long can Riech continue to shovel the same ####### and exactly how long will squirrel brained liberals continue to eat this #######? I thought Reich was gone and tossed on the trash heap after Lewinsky got done eating at the White House sausage shop. Obama goes and drags him up again! Yeah, change you can believe in.

What fvckin' joke this clown is.

[Krikit 1,166]

Please stop the personal attacks.

[Ban Hammer 14,635]

Please stop the personal attacks.

i think it's just pillow talk between them two.

[SMR 368]

If the feds don't spend money to put people back to work, the economy won't recover and politics will get uglier

By Robert Reich

Unemployment will almost certainly be in double-digits next year -- and may remain there for some time. And for every person who shows up as unemployed in the Bureau of Labor Statistics' household survey, you can bet there's another either too discouraged to look for work or working part-time who'd rather have a full-time job or else taking home less pay than before (I'm in the last category, now that the University of California has instituted pay cuts). And there's yet another person who's more fearful that he or she will be next to lose a job.

In other words, 10 percent unemployment really means 20 percent underemployment or anxious employment. All of which translates directly into late payments on mortgages, credit cards, auto and student loans, and loss of health insurance. It also means sleeplessness for tens of millions of Americans. And, of course, fewer purchases (more on this in a moment).

Unemployment of this magnitude and duration also translates into ugly politics, because fear and anxiety are fertile grounds for demagogues wielding the politics of resentment against immigrants, blacks, the poor, government leaders, business leaders, Jews and other easy targets. It's already started. Next year is a midterm election. Be prepared for worse.

So why is unemployment and underemployment so high, and why is it likely to remain high for some time? Because, as noted, people who are worried about their jobs or have no jobs, and who are also trying to get out from under a pile of debt, are not going to do a lot of shopping. And businesses that don't have customers aren't going to do a lot of new investing. And foreign nations also suffering high unemployment aren't going to buy a lot of our goods and services.

And without customers, companies won't hire. They'll cut payrolls instead.

Which brings us to the obvious question: Who's going to buy the stuff we make or the services we provide, and therefore bring jobs back? There's only one buyer left: the government.

Let me say this as clearly and forcefully as I can: The federal government should be spending even more than it already is on roads and bridges and schools and parks and everything else we need. It should make up for cutbacks at the state level, and then some. This is the only way to put Americans back to work. We did it during the Depression. It was called the WPA.

Yes, I know. Our government is already deep in debt. But let me tell you something: When one out of six Americans is unemployed or underemployed, this is no time to worry about the debt.

When I was a small boy my father told me that I and my kids and my grandkids would be paying down the debt created by Franklin D. Roosevelt during the Depression and World War II. I didn't even know what a debt was, but it kept me up at night.

My father was right about a lot of things, but he was wrong about this. America paid down FDR's debt in the 1950s, when Americans went back to work, when the economy was growing again, and when our incomes grew, too. We paid taxes, and in a few years that FDR debt had shrunk to almost nothing.

You see? The most important thing right now is getting the jobs back, and getting the economy growing again.

People who now obsess about government debt have it backward. The problem isn't the debt. The problem is just the opposite. It's that at a time like this, when consumers and businesses and exports can't do it, government has to spend more to get Americans back to work and recharge the economy. Then -- after people are working and the economy is growing -- we can pay down that debt.

But if government doesn't spend more right now and get Americans back to work, we could be out of work for years. And the debt will be with us even longer. And politics could get much uglier.

http://www.salon.com/opinion/feature/2009/...opinion/feature

First, FDR didn't reduce employment during the Great Depression. He took office in 1933. Unemployment went down because of WW2, 9 years later. It was highest in 1938, 5 years after the beginning of the New Deal.

Second, when you say that the government is spending money, what you mean is that taxpayers are spending money. The government is simply an entity that can force the taxpayers to spend money. It doesn't have any money.

The idea that you can borrow your way out of a recession is ridiculous. We're in a recession because too many people borrowed money that they couldn't pay back.

The national debt wasn't paid off during the 1950's. It has never been paid off. It didn't even go down markedly at any point since 1932.

The US dollar is already losing a lot of ground compared to other major currencies because of overspending. The only reason inflation hasn't been much faster is because of the situation with China. China doesn't want to buy federal bonds. However, so many are being issued, there aren't enough buyers. If China didn't buy the excess, the bonds would fall excessively. Since China wants to protect the bonds they already have, they keep buying more. For the present, this effect is cushioning the record deficit spending. It won't last forever.

[spookyturtle 9,466]

I pay more than you, blowhard.

You did say you're "high profile".

Go read what I said, dickwad.

Note for the record; he resorts to namecalling to make up for lack of intelligence and written communication skills.

Kind of like most mentally challenged who react with outbursts....turrets anyone?

That goes for you too, n00b. Go back to your other forum.

Please stop the personal attacks.

i think it's just pillow talk between them two.

Which two?