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California's Unemployment Rate Hits Record High [11.9%]
LATimes ^ | August 21, 2009

Posted on 08/21/2009 9:42:42 AM PDT by Steelfish

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To: 11th Commandment
High Unemployment States: California- Extremely liberal with socialist elements throughout Oregon- Not to be out down by its neighbor to the south, a communist state Michigan- every solution to bad economics- regulate, tax, spend. Rhode Island- People's Republic of RI. Nevada- Has abandon its libertarian way for liberalism. Any Questions?

You can certainly make the argument that liberalism causes unemployment if you only look at the five states with the highest unemployment rates. But if you look beyond the top five you will find a number of red states that are well above the national average, such as South Carolina (11.8%), Kentucky (11%), Tennessee (10.7%), Georgia (10.3%), Alabama (10.2%), and Mississippi (9.7%). In contrast, the Peoples Republics of Vermont(6.8%), New Hampshire (6.8%), Virgina (6.9%), Hawaii (7.0), New Mexico (7.0%), and Maryland (7.3%) are well below the national average.

41 posted on 08/21/2009 11:13:30 AM PDT by Labyrinthos
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To: Old Retired Army Guy

Now the federal government has adopted the Cash for Clunkers program. Now I wonder what the illegal aliens and poor Americans will drive.


42 posted on 08/21/2009 11:15:16 AM PDT by kabar
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To: Labyrinthos

I failed to mention that one of the costs of doing business in California when I was there was I had a full time person on my staff at $55K per year to handle “Environmental Affairs”. The environmental lobby bears equal responsibility as Unions, Taxes and Tort Lawyers that drive businesses out of states and eventually the country.


43 posted on 08/21/2009 11:19:53 AM PDT by Old Retired Army Guy (tHE)
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To: MikeWUSAF

Or this:

http://www.jeffersonstate.com/


44 posted on 08/21/2009 11:28:55 AM PDT by RockinRight (Democrats piss me off.)
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To: frogjerk

haha...that’s a funny picture.


45 posted on 08/21/2009 11:33:34 AM PDT by Rick_Michael (Have no fear "President Government" is here)
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To: Steelfish

The national rate artificially declined....


46 posted on 08/21/2009 11:45:49 AM PDT by b4its2late (Ignorance allows liberalism to prosper.)
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To: Steelfish

California is a Democrat state, and this kind of economic turmoil is what Democrats strive for.

Bad economic news is always good news for Democrats.

When the economy tanks and people lose their jobs, homes, and savings, they become dependent on government handouts and eventually become addicted to government handouts (ie., money confiscated from their neighbors and “redistributed” to them). And, just as drug addicts keep going back to their dealers for a fix, government addicts likewise keep going back to THEIR dealers. That would be their Democrat politicians. A tanking economy means more government addicts and therefore more votes for Democrat politicians.

Sabotaging the economy is job #1.

This ain’t rocket surgery.....


47 posted on 08/21/2009 11:51:37 AM PDT by Lancey Howard
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To: Lancey Howard

Green Sprout # 101


48 posted on 08/21/2009 12:02:34 PM PDT by reefdiver (So how's that HOPE & CHANGE working out for ya ?)
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To: Lancey Howard
“Sabotaging the economy is job #1.”

And the best way to do that is to rack up unsustainable amounts of debt.

Like $2 Trillion ($2,000,000,000,000.00) in year one.

49 posted on 08/21/2009 12:48:14 PM PDT by Gabrial (ObamaCare: The efficiency of the Post Office, the compassion of the IRS, the costs of the Pentagon)
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To: Steelfish

And yet somehow the economy is on the verge of recovery according to Ben Bernacke - and stocks soar:

http://finance.yahoo.com/news/Bernanke-says-US-economy-on-apf-3779458072.html?x=0&.v=8
++++++++++++

Anyone else sensing this extreme disconnect?


50 posted on 08/21/2009 3:10:03 PM PDT by SeattleBruce (God, Family, Church, Country & the Tea Party! Take America Back! (Objective media? Try TRAITORS.))
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To: Ben Mugged
Time to raise taxes again to stimulate the economy.

The definition of insanity is?

51 posted on 08/21/2009 3:25:54 PM PDT by EGPWS (Trust in God, question everyone else)
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To: kabar

Now the federal government has adopted the Cash for Clunkers program. Now I wonder what the illegal aliens and poor Americans will drive.
+++++++++++++++

Used car prices have already risen 5% nationally. And what will happen to the new car demand in Jan./Feb. when the people that would have purchased then, have already done so under cash for clunkers?

All these sorts of programs have unintended consequences. It’s almost always better to let the markets operate naturally - with some logical monitoring and licensing, etc.


52 posted on 08/21/2009 4:09:04 PM PDT by SeattleBruce (God, Family, Church, Country & the Tea Party! Take America Back! (Objective media? Try TRAITORS.))
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To: SeattleBruce

Agreed. All they have done is front loaded the sales and redistrubted $3 billion worth of taxpayer money that we don’t have, i.e., added that to the national debt. What’s next? Cash for ice boxes?


53 posted on 08/21/2009 4:18:55 PM PDT by kabar
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To: kabar
Now I wonder what the illegal aliens and poor Americans will drive.

Brand new vehicles built overseas, paid for by U.S. taxpayers, funded by the Chinese, and promoted by an America hating Fascist.

54 posted on 08/21/2009 4:23:06 PM PDT by EGPWS (Trust in God, question everyone else)
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To: Steelfish

“The rate jumped unexpectedly in July to 11.9% even as the national rate declined. “

I see the report has a little comedy in it too.


55 posted on 08/21/2009 5:14:09 PM PDT by headstamp 2 (Question Marxist Authority)
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To: SeattleBruce

yep selling into the bear mkt rally.


56 posted on 08/21/2009 5:52:22 PM PDT by CPT Clay (Pick up your weapon and follow me.)
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To: Steelfish
Interesting that all the states mentioned are Far Left Liberal States. Coincidence perhaps???????????
57 posted on 08/21/2009 5:54:21 PM PDT by Captain Peter Blood
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To: SeattleBruce

Also, what is going to happen when the $8k incentive for 1st time home buyers expires 30NOV?


58 posted on 08/21/2009 5:54:37 PM PDT by CPT Clay (Pick up your weapon and follow me.)
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To: Steelfish

Unemployment is desired. It is the best way short of a massive earth quake to eliminate the surplus population.


59 posted on 08/21/2009 5:56:40 PM PDT by bert (K.E. N.P. +12 . fasl el-khitab)
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To: Captain Peter Blood
"Interesting that all the states mentioned are Far Left Liberal States. Coincidence perhaps???????????"

Obviously not a coincidence.

Tom McClintock, one of the only California politicians whose worth a damn, gave a really good speech about what happened in California and how it's now happening to the entire country. You might find it of interest. It's posted here.

60 posted on 08/21/2009 8:04:25 PM PDT by Bokababe (Save Christian Kosovo! http://www.savekosovo.org)
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