Where are the jobs?
 

I'm under the impression that they are creating more Gov't jobs. That's what they're advertising around here anyway. Gov't is growing very rapidly here in ore-gone. We do have second highest unemployment though.:woot:

http://www.bloomberg.com/apps/news?p...d=aUuHhaDx8Hr8

He inherited the problem.:yawn:
oh, okay. Everyone, it's not obama's fault. He was just present.:yeah:

The jobs may never come back.

I don't think consumers will be spending like they did prior to the crisis. I think it scared a lot of people into pulling their head out of their butts and start really thinking of what they are spending their money on.

I know it is true in my family. We are cutting way back on our discretionary spending -- really looking at what we are buying and why we are buying it. For example, Christmas. There was a time when our total bill for Christmas shopping for the entire families was about $5,000. This year our budget for everyone is $1,000 and that includes for all the families. I am not going into debt any more for Christmas shopping. If I don't have the money in the bank, the money does not exist.

I am almost finished with moving my family to a cash only operation. If we want something we are saving our money and not just reaching for the credit cards like we used to. And we are closely examining why we are buying the stuff we need and frankly, often deciding that we really don't need to spend the money.

If a large number of families are of like minds with me, the businesses that cater to "discretionary" spending may be facing an uncertian future.

I am simply not buying the same stuff that I was buying a year ago, and when the economy gets better, I have no intention of changing back to my old wasteful ways. I was spending way too much way too fast. I could afford to do so, but did I really need to spend that much? Absolutely not!

I doubt I am the only one of this mind set.

So there may be some businesses that will never recover.

Interesting post.
How does that affect previous trends for a point of measure?

Wow, people thought that credit was money?
I thought Charles Dickens had thoroughly ridiculed that notion in All the year round years ago and Wilde had finished it off entirely long before Pinter or Bleasdale felt the need to rip the notion to pieces again

Well yeah- he did inherit the problem. You forget that the economy went sour when Bush was in office in 2008, after the housing market and subprime mortgage crisis in addition to the dollar's decline in value; which led to record unemployment levels and a huge decline in the country's GDP. For that matter, NBER announced that the recession had officially began in December 2007.

:03:

You mean Barney Frank.

In the context of the Federal Housing Enterprise Regulatory Reform Act or the Gramm-Leach-Bliley Act?

Back on topic

http://blogs.abcnews.com/politicalpu...tor-abuse.html

Lol, ABC. "Political punch".:haha:

Thats strange I thought it was Kool Aide... :03:

I am sure that I am not the only citizen that is intellectually "from Missouri"

I won't believe what either a Republican nor a Democrat tells me any more. They are all politicians which means they have an agenda.

Show me the data.

Democrats say they have created x number of jobs
Republicans say they have not

Show me the data

Democrats say the new health plan won't increase the deficit
Republicans say it will

Show me the data.

Republicans and Democrat politicians, you have lied to me too often to take anything any of you says at face value.

Show me the data please.

They arent going to show you the time of day unless mandated to do so.

You will just have to go find it for yourself.

I agree and there is a buttload of data about our government online, you just have to know where to dig for it.

My point is that if either side wants to get "the public" on their side, emotional rhetoric may no longer be the way. I think more people can come online if the sides start educating the people with the data instead of adopting the traditional "If you are a Republican/Democrat you should believe what a Republican/Democrat tells you"

As an independent I don't believe either out of hand. :nope: