Posted on 12/15/2009 9:21:56 PM PST by CommieCutter
Joblessness is Here to Stay Short-term prospects may be brightening, but high unemployment will be a fixture for the foreseeable future.
(Excerpt) Read more at newsweek.com ...
In other words, we outsourced the recovery...
Got it.
From memory, I have heard the President’s economic advisers say that we have turned the corner at least 3 times so far. Then ‘unexpected’ numbers are reported. They can only “cry wolf” so many times.
Huzzah! Emperor Barry has slayed the dragon! Let’s have a triumph! Get the chariots! Fetch the rose petals!
The recession is over from the libtard media? Awesome. Now where’s my unicorn that Obeyme promised?
As always, the globalist MSM discusses globalization as if it is some inexorable force about which nothing can be done. It's just like the weather. More US manufacturing plants and jobs will move to cheap labor and more higher skill jobs will be inexorably outsourced to cheaper skilled labor in China and India.
But nothing is inexorable and never has been. It's deliberate government policy. Not that government has ever been honest and upfront with the people, but all this is deliberate government policy. And it can be reversed politically by the American citizens.
The Democrat minions in the press are already laying the groundwork for excusing Barry’s economic failure.
Both countries are also going balls-to-the-wall in petroleum exploration and both countries have little in the way of environmental regulations.
Blah, blah, blah. They've been putting that blather out at least since the GHWB administration.
When a nation of 300,000,000 opens itself up to China and India and other nations with populations of around 3,000,000,000, with hundreds of millions of unemployed and underemployed, there is not enough education in the universe to create new industries and jobs faster than they can be exported to those populations that will provide cheaper labor, unskilled and skilled, for many decades and probably centuries to come.
This same article could have been written twenty-five years ago. And very similar articles were written.
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