Bad News for America’s Workers

Project Syndicate ^ | DEC 19, 2016 34 | Joseph E. Stiglitz

[lulu16]

Someone dug this old script from the democrat stenographers 2009 handbook.

“Trump will take charge of an economy on a strongly upward trend, with third-quarter GDP growing at an impressive annual rate of 3.2% and unemployment at 4.6% in November. By contrast, when President Barack Obama took over in 2009, he inherited from George W. Bush an economy sinking into a deep recession. And, like Bush, Trump is yet another Republican president who will assume office despite losing the popular vote, only to pretend that he has a mandate to undertake extremist policies.”

[Lazamataz]

Do these mooks get paid to see who can be the most wrong?

[Fhios]

Somebody is struggling for self importance.

[SoFloFreeper]

Trump is a Nazi? Oh how original.

[abclily]

Tsk, tsk, tsk. All those words for naught. Trump won. Thank you, Lord!

[exDemMom]

Trump will take charge of an economy on a strongly upward trend, with third-quarter GDP growing at an impressive annual rate of 3.2% and unemployment at 4.6% in November. By contrast, when President Barack Obama took over in 2009, he inherited from George W. Bush an economy sinking into a deep recession.

Ho-hum.

Economic growth has been non-existent throughout the Obama administration. The unemployment numbers are low only because millions of people have given up looking for jobs. There is no real evidence that the recession ever ended; the only real change is in the way the economic numbers were reported. As many of us know, economic reporting is drastically different if a Republican is in office, versus if a Democrat is in office.

Based on the inaccuracy of this excerpt, I didn't bother reading further.

[GailA]

FAKE NEWS ALERT: Stock Market is up, business is hiring, even if most of it is Christmas help, but even in small towns we are see new businesses being started, sure they are mostly low wage jobs for now, but that’s a start. Better than welfare and UE sitting on your butt.

And they will need skilled workers in Seiverville, TN to rebuild after the wild fire that destroyed the area.

Next step is rebuild our Military with a decent pay check. VA has to be reformed and new skilled medical staff hired as well as management. Top to bottom scrubbing of all gov’t agencies of muzzies and lazy Libtards.

Oh, and no buttercups need apply you are not wanted, you are to lazy to work.

[GailA]

U E 6 puts the figure at over 9% Unemployment when you add in all the factors.

New figures have Christmas hire help that will be gone by the end of January.

Seiverville, TN will have a large need of skilled builders for the next couple of years. Thousands of homes and businesses to be rebuilt. Relocate, we don’t have a State Income Tax!

[GailA]

U E 6
http://www.macrotrends.net/1377/u6-unemployment-rate

[PGalt]

DeSoto, Siglitz, Klein on discussion panel

http://youtubegogogo.com/video/qkErO-TwOeo/Naomi-Klein-and-Joseph-Stiglitz-on-Economic-Power

HOORAY DeSoto

[Just mythoughts]

Trump will take charge of an economy on a strongly upward trend, with third-quarter GDP growing at an impressive annual rate of 3.2% and unemployment at 4.6% in November. By contrast, when President Barack Obama took over in 2009, he inherited from George W. Bush an economy sinking into a deep recession. And, like Bush, Trump is yet another Republican president who will assume office despite losing the popular vote, only to pretend that he has a mandate to undertake extremist policies.

The devil could not have perverted the truth more if he wrote this himself.

[exDemMom]

Seiverville, TN will have a large need of skilled builders for the next couple of years. Thousands of homes and businesses to be rebuilt. Relocate, we don’t have a State Income Tax!

I'm legally a resident of CA. My son was telling me that if CA secedes, I'll have to change my residence legally to MD.

I wasn't really considering TN, but I would definitely consider a state that doesn't have income tax.

[Chode]

feh...

[jurroppi1]

"Decades of “cutting the fat” in government has left little to cut: federal government employment as a percentage of the population is lower today than it was in the era of small government under President Ronald Reagan some 30 years ago." I like this whopper... As a percentage of what portion of the population (legal or illegal included)?

[Flick Lives]

Three sentences in, the writer goes full Godwin. Pathetic.

[BroJoeK]

The author used many words to say what he could have in just four: “I hope Trump fails,”

Puke.

[liberalh8ter]

Decades of “cutting the fat” in government has left little to cut: federal government employment as a percentage of the population is lower today than it was in the era of small government under President Ronald Reagan some 30 years ago.

What...In....the....H.....is this guy smoking? First of all, the only fat that elected officials cut in D.C.is the outside layer on a NY Strip.

Secondly, I assume he's counting illegals in his percentage equation but in reality, WTH cares? Why would we need a percentage of Federal employee to citizen ratio?

[Fred Hayek]

Joscha Fischer? Right. The Baader Meinhof dude photographed bludgeoning a police officer in Germany. And probably a friend of Billy the Bomber Ayers. Commie scum.

[jospehm20]

95 million adults out of work puts real unemployment in the 40% range.