Posted on 06/14/2011 6:56:36 AM PDT by Oldeconomybuyer
Twenty-eight months after Congress passed President Obama’s signature economic stimulus law, and nearly one year after he declared the summer of 2010 to be “Recovery Summer,” 1.9 million fewer people are employed.
In February 2009, the Bureau of Labor Statistics (BLS) reported that 141.7 million people were employed. By the end of May 2011 – the last month for which data are available – that number had fallen to 139.8 million, a difference of 1.9 million.
While the number of people with jobs has increased slightly from its low point during the recession – 137.9 million in December 2009 – those 1.9 million jobs have been lost despite $800 billion in stimulus spending.
(Excerpt) Read more at cnsnews.com ...
yeah, but 8 million more illegals got healthcare
whats the number of under employed or those who’ve stopped looking
WOW! What great news!!! And Nancy Pelosi said that 500 million a day were going lose their jobs
One simple question, that’s been used before, will win the 2012 election for the GOP:
Are you better off today than you were in 2008?
Why isn’t this on CNN or CBS or MSNBC news? /s/
What?
You mean bailing out foreign banks isn’t good for US Jobs?
you mean paying off Union Goons and Democrat operatives isn’t good for US Jobs?
You mean buying your own debt and pumping stocks of US Banks isn’t good for US Jobs?
/sarc
But but....they created 2 million new jobs.
But without the stimulus there’d be 5 million more without jobs.
/Obama.
Unless we are facing imminent threat from a foreign aggressor, Americans will vote in national elections on the basis of the state of the economy. Inflation is a major factor in this, but the most important issue is jobs. Unemployment is now chronically high.
We all now know that Obama is a socialist and his intent is to expand government at the expense of private enterprise. We also know that government never generates capital. It only consumes wealth; never creates it. We also know that the single greatest aspect of the economy affecting how people vote is employment. If I have have had my job eliminated, my hours cut back, have been furloughed from my job, I am more likely to vote against the incumbents.
Small and mid-sized businesses know that higher corporate taxes and government regulation, which Obama loves, destroys our free market system of prosperity. Small and mid-sized business owners know that the Obama administration must be defeated in 2012. Their contributing to the elections of those who run against Obama is not enough, however.
The best way for business to insure the defeat of Obama is for them to begin now to cut back their employment rolls even more - even if it means temporarily sacrificing their companies’ profitability. Putting people out of work temporarily in order to insure Obama’s defeat in 2012 will mean a healthier business climate in the years to come. Once we get government off the backs of business and the working middle class of this country, we will be on better footing to grow our economy once again.
It might sound like a draconian measure to lay people off in order to insure Obama’s defeat, but let’s face it Obama is out to destory our country and we are in dire straits. What’s needed, as in time of war, are drastic measures.
In the past, when our country was under a threat from external forces, men (and now women) have been called upon to leave their normal means of employment to join the armed forces to insure the security of our nation for our families and posterity.
Now our country is under a different kind of threat - a threat from within - a threat from our own government which has hijacked our Constitution and has concentrated power in the hands of a few elitists. The threat is no less real than when our enemies have been external to us.
So the call for all of us to make sacrifices in a time of war is no extreme measure but is patriotic. And just as in a time of war when families, communities, friends and churches pull together to get through the crisis, so this should be the same response to those who find themselves out of work. If we all pull together, in the end our collective security will be insured and that of our children as well. Obama must not be re-elected for the good of all.
I’d call that EPIC FAIL! (bow to Maha-Rushie...)
"without it we'd be REALLY screwed!"
Did McDonalds go offshore?
I, for one, am proud that Obama, the captain of our great nation, isn’t up on the bridge checking charts and searching the horizon for dangers or leading the crew. Instead, he’s down at the shuffleboard court trying to shoot a free throw.
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