[gaijin]

The really striking thing about having a black, very liberal prez is that stories of hunger, homelessness, etc. are suddenly much less popular.

The caterwauling will re-start a single microsecond after a real conservative (or even a liberal one) is elected Prez.

[ClearCase_guy]

[Kartographer]

In before the ‘DEADBEATS’ crowd.

[backwoods-engineer]

Long-term unemployment is a terrifying trap that, even in the best of times, is difficult to escape.

First sentence has obvious victim-mentality, pawn-in-the-game-of life, Uncle Sugar, Free Crap Army, "I am owed a job" overtones.

Stopped reading right there.

[Deagle]

This seems to be a combination of things all coming together to cause this.

Automation
Free Immigration
Cheaper overseas labor costs
High Corporate taxes
Poor Education (no it is NOT money)
Poor Work Ethics (Bad Education here)

We are either going to have to overcome this or be just another third world country. Yes, Government is responsible for 90% of this but the folks keep voting for it without understanding why.

[entropy12]

Why is this a surprise?

USA has higher corporate tax rate than all other industrialized countries with perhaps 1 exception.
And to make matters worse, the EPA is a huge anchor
especially on small & new businesses.

No wonder US corporations keep expanding abroad and
shrink operations in US.

[Up Yours Marxists]

“They’re a little older and more of them are African-Americans, but they’re just about as educated and work in the same industries as everyone else who’s trying to find a job.”

Really? I thought we were all past this “racial divide”. The South lost the war. Blacks won “equal rights” in the 60’s. “Protected classes” all over the place. Handouts. Bailouts. Section 8 housing. Free abortion. Free healthcare. Free Obama phones. Preferential treatment for small businesses. Free EBT cards. Etc.

How many damned training wheels do these under-producing “victims” need? Maybe these folks will do better in countries more aligned ethnically and ethically with their own culture.

[no-to-illegals]

is difficult to escape. And it's a trap

Here I Thank God, I'm going to retire. There is nothing left to strive for. I'm going to surrender. 2008 beat me like a tied puppy.

[headstamp 2]

“Today, there are still almost 3.5 million people who have been out of work for six months or longer and are looking for work.”

Yeah right. Triple that.

[napscoordinator]

3.5 million out of 325 million people. Aren’t we being a tad bit dramatic. A little over 1 percent......Oh knowssssssss....we are drowning. Good Lord what a liberal article. Poor bleeding heart liberals are hurting....Oh brother.

[meadsjn]

The lesson here is that we need stimulus. Sure, the economy will eventually recover on its own in the long run. But in the long run, our careers, if not ourselves, will be dead. High unemployment begets high long-term unemployment, which forces people into premature retirement. Spending more and printing more money can at least mitigate these vicissitudes of the business cycle—if, as the IMF points out, we're willing to be radical enough.

I should have guessed it was a propaganda piece, coming from the Washington Post.

We had a stimulus, and some bailouts, huge bailouts, and we had Quantitative Easing I, II, III, and whatever.

What we have NOT had is any decrease in the economically destructive communist and NAZI policies of this administration. Unless several thousand of these evil creatures are removed, and many bureaucracies dismantled, no amount of tinkering with the economy will produce positive effects.

[KC_Conspirator]

Long-term unemployment is a terrifying trap that, even in the best of times, is difficult to escape. And it's a trap that you can get stuck in for no reason other than bad luck.

And Obama.