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The Decline: The Geography of a Recession
AmericanObserver.net ^ | Undated | Unattributed

Posted on 07/15/2010 6:07:14 PM PDT by GiovannaNicoletta

According to the U.S. Department of Labor's Bureau of Labor Statistics, there are more than 31 million people currently unemployed...that's including those involuntarily working part-time and those who want a job, but have given up on trying to find one.

(Excerpt) Read more at cohort11.americanobserver.net ...


TOPICS: Business/Economy; Culture/Society; Miscellaneous; News/Current Events
KEYWORDS:
This is amazing to watch.
1 posted on 07/15/2010 6:07:22 PM PDT by GiovannaNicoletta
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To: GiovannaNicoletta
It's like watching a tumor metastasize.
2 posted on 07/15/2010 6:15:33 PM PDT by DariusBane (Even the Rocks shall cry out "Hobamma to the Highest")
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To: GiovannaNicoletta

Ping for later


3 posted on 07/15/2010 6:21:32 PM PDT by NaughtiusMaximus (Social Justice is the right to refuse to buy them the rope they want to hang you with.)
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To: GiovannaNicoletta
those who want a job, but have given up on trying to find one.

Also known as f-ing losers.

4 posted on 07/15/2010 6:32:04 PM PDT by Huck (Q: How can you tell a party is in the minority? A: They're complaining about the deficit.)
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To: Huck
"Also known as f-ing losers. "

Or residents of Galt's Gulch.

5 posted on 07/15/2010 6:34:48 PM PDT by Paladin2
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To: Paladin2

A galt’s gulcher isn’t someone who wants a job but has given up finding one.


6 posted on 07/15/2010 6:37:02 PM PDT by Huck (Q: How can you tell a party is in the minority? A: They're complaining about the deficit.)
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To: GiovannaNicoletta

They should pop up key overlays:
* Dems win Congress
* Pelosi & Reid take over
* Obama takes lead
* Obama wins nomination
* Obama wins election
* Obama wastes $1 TRILLION stimulus
* Obama signs Death Panel law; biggest entitlement in nation’s history


7 posted on 07/15/2010 6:37:10 PM PDT by ProtectOurFreedom
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To: Huck

It’s someone who makes their own job out of the purview of the gov’t.


8 posted on 07/15/2010 6:38:15 PM PDT by Paladin2
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To: GiovannaNicoletta

Very cool. Sent that sucker to my e-mail list.


9 posted on 07/15/2010 6:40:52 PM PDT by Mere Survival (The time to fight was yesterday but now will have to do.)
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To: GiovannaNicoletta

Watch Dane County, Wisconsin hold on - due to the over concentration of government employment there - and also look at the Northern VA - Washington DC area - as it holds on while everything surrounding it goes to hell rapidly. If the general level of unemployment remains high - in the long run you may be seeing a significant concentration of (relative) wealth in federal and state employees. They have robust pensions, and at least for federal employees are paid better then those in comparable positions in the private sector. I have some friends who, while not entirely apolitical, were not activated until recently - and then by this issue of public sector retirement benefits. Not a high ranking hot button for me - but definitely salient for some voter segments. Hope the GOP is paying attention to this issue.


10 posted on 07/15/2010 6:53:56 PM PDT by Wally_Kalbacken
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To: Huck
No, it is normally someone that has a spouse that works and they have cut their expenses to the point that th party out of work can not find a job that pays enough to pay for a sitter for the kids.

Generally they end up working odd jobs or very part time when possible. They also fall off the labor rolls, AND THEY PAY NO TAXES. They find out that making $20g’s under the table is like making $50G’s in the labor force and hence a new Greece is born.

11 posted on 07/15/2010 7:03:04 PM PDT by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: GiovannaNicoletta

And the relatively unscathed portion of the country in the middle is very lightly populated compared to the rest of the map. We’re in deep doo when eastern Colorado and western Kansas are doing the heavy lifting.


12 posted on 07/15/2010 7:06:33 PM PDT by Vince Ferrer
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To: Vince Ferrer

“We’re in deep doo when eastern Colorado and western Kansas are doing the heavy lifting.”

No, but they are. Literally. There are definitely still agriculatural jobs for the taking in this country. People just have to be willing to take them.

Many an illegal immigrant has bypassed those jobs to become an urbanite. They’re there for the taking if you don’t mind humping it in a field.


13 posted on 07/15/2010 7:17:43 PM PDT by CaspersGh0sts
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To: Wally_Kalbacken

D.C. Suburbs Top List Of Richest Counties
Nationwide Data on Health Coverage Bleak

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By Amy Goldstein and Dan Keating
Washington Post Staff Writers
Wednesday, August 30, 2006

The three most prosperous large counties in the United States are in the Washington suburbs, according to census figures released yesterday, which show that the region has the second-highest income and the least poverty of any major metropolitan area in the country.

Rapidly growing Loudoun County has emerged as the wealthiest jurisdiction in the nation, with its households last year having a median income of more than $98,000. It is followed by Fairfax and Howard counties, with Montgomery County not far behind.

That accumulation of suburban wealth, local economists said, is a side effect of the enormous flow of federal money into the region through contracts for defense and homeland security work in the five years since the Sept. 11, 2001, attacks, coming after the local technology boom of the 1990s. “When you put that together . . . you have a recipe for heightened prosperity,” said Anirban Basu, an economist at a Baltimore consulting firm.


14 posted on 07/15/2010 7:25:58 PM PDT by Leisler ("Over time they create a legal system that plunders and a moral code that glorifies it." F. Bastiat)
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To: GiovannaNicoletta

Bump for the slowly deepening Depression.


15 posted on 07/16/2010 12:48:10 AM PDT by Freedom_Is_Not_Free (California Bankruptcy in 4... 3... 2...)
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