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60 Minutes Just Blew The Lid Off The Unemployment Situation in the USA

Posted on 10/24/2010 4:41:44 PM PDT by My Favorite Headache

Airing right now...said the real unemployment is at 17.5%...showing tons of people with masters, bachelors, phd's, you name it...unemployed for 2 years...can't even get jobs at Target.


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; Front Page News; Government; Miscellaneous; News/Current Events; Politics/Elections; US: California; US: Delaware; Your Opinion/Questions
KEYWORDS: cbs; christineodonnell; elections; fiorina; jobs; megwhitman; novemberelections; obama; palin; realunemployment; teaparty; unemployment; unexpected; vanity
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To: OrioleFan

Sorry to hear the news...seriously. Been there a few times myself and know the feeling...especially when it takes forever to find a new one. Turn to God is the best and only advice I have right now. He will answer...might not be today or tomorrow...but he will.

By the way...this story has now been picked up by Drudge and is on his front page.


401 posted on 10/24/2010 10:02:12 PM PDT by My Favorite Headache (In a world where I feel so small, I can't stop thinking big.)
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To: Gorzaloon

The economy if we are lucky will turn maybe in 2017. I am not kidding. I doubt it will really matter, the country will probably be screwed by then.

Blame idiots who watch TV - they helped get the muslim in power.


402 posted on 10/24/2010 10:06:07 PM PDT by Frantzie (Imam Ob*m* & Democrats support the VICTORY MOSQUE & TV supports Imam)
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To: OrioleFan

I completely fell off the ranks and lost all my worldly possessions in 1999. I had been let go from Motorola when the Iridium didn’t quite pick up. I prayed and I prayed. My family brought me home. Within 3 months a prayer was answered.
I can now help them.


403 posted on 10/24/2010 10:09:52 PM PDT by eyedigress ((Old storm chaser from the west)?)
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To: eyedigress

I think lightning just struck my house! VERY LOUD!


404 posted on 10/24/2010 10:11:42 PM PDT by eyedigress ((Old storm chaser from the west)?)
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To: CaliforniaCon

Gas is up because the dollar has been tanking. Oil is affected by a tanking dollar. The dollar has sunk about 23% versus the Aussie dollar in the past 2 months or so. 6% against the Canadian dollar and about 17% versus the euro.

You will be seeing food prices and other things go up as well.


405 posted on 10/24/2010 10:12:59 PM PDT by Frantzie (Imam Ob*m* & Democrats support the VICTORY MOSQUE & TV supports Imam)
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To: Chunga

Robert G. Anderson, Nicole Young, and Daniel Rutenick were the producers.


406 posted on 10/24/2010 10:13:11 PM PDT by My Favorite Headache (In a world where I feel so small, I can't stop thinking big.)
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To: GGpaX4DumpedTea
Their jobs were moved to India by the Elitist Leftists who run the Silicon Valley companies.

I did notice that 60 Minutes didn't get into why the people featured had lost their jobs. They said one had worked in real estate which was self-explanatory, but other than that they just give titles for their former jobs, but not the industries they'd worked in.

I expect outsourcing was involved with many of the layoffs they'd experienced.

407 posted on 10/24/2010 10:13:47 PM PDT by Will88
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To: xzins

Maybe the lamestream media morons have made the economic connection between unemployment numbers and their own job security. If nobody has a job, then they have little or no money. If they have little or no money, they can’t buy goods and services. If they can’t buy goods and services, companies lower or stop production. If production is lowered or stopped, they have little or nothing to advertise and no big projects needing ad campaigns. If advertising dwindles, earnings by media companies dwindles. When media companie’s income dwindles, they, too have to lay people off. Oops! (here’s where dimbulb, lying reporter/media hack says to himself, “mmm-duh!)


408 posted on 10/24/2010 10:14:09 PM PDT by chilltherats (First, kill all the lawyers (now that they ARE the tyrants).......)
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To: cynwoody

That’s awesome.


409 posted on 10/24/2010 10:14:23 PM PDT by My Favorite Headache (In a world where I feel so small, I can't stop thinking big.)
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To: Palladin

Aldi is expanding throughout the USA. German Catholics. Started by a mother and two sons after WW2. They also own Trader Joes. They are so well run that Wal Mart packed up and left Germany. They could not compete.


410 posted on 10/24/2010 10:16:40 PM PDT by Frantzie (Imam Ob*m* & Democrats support the VICTORY MOSQUE & TV supports Imam)
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To: My Favorite Headache

Cloward-Piven in practical application. Next step, the overwhelming of government and private safety nets, to make way for the marxist takeover.


411 posted on 10/24/2010 10:18:11 PM PDT by John S Mosby (Sic Semper Tyrannis)
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To: pandemoniumreigns

I swear a bolt hit within 100ft. That stuff will get you quite animated. Whew!


412 posted on 10/24/2010 10:18:43 PM PDT by eyedigress ((Old storm chaser from the west)?)
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To: Frantzie

And Bernanke thinks there isn’t enough inflation. Brilliant.


413 posted on 10/24/2010 10:19:26 PM PDT by John S Mosby (Sic Semper Tyrannis)
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To: PugetSoundSoldier

Excellent post.


414 posted on 10/24/2010 10:21:02 PM PDT by 1035rep
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To: Will88

“There could be several reasons why 60 Minutes would choose to run this story just over week before the critical election. I think a part of it is that the MSM has lied for, covered for, ignored for, and been in the tank for Obama so often and so shamelessly”

For that I blame the American public for not canceling cable and SAT TV. I did it a year ago. It will happen when thing gets worse and they will. The idiots who watch TV empower Obama/elites/left/muslims.

The USA is probably over. The idiots who watch TV helped make Obama, are lied to, fooled, and brainwashed daily and no Fox is not our friend. ALL TV and ALL Hollywood is our enemy.


415 posted on 10/24/2010 10:21:28 PM PDT by Frantzie (Imam Ob*m* & Democrats support the VICTORY MOSQUE & TV supports Imam)
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To: John S Mosby

Jim Rogers who is living in Asia now. He is the money manager originally from AL.

He said a good career option right now in America is to become a farmer. At least people will have something to eat.

Things are going to get worse.


416 posted on 10/24/2010 10:26:04 PM PDT by Frantzie (Imam Ob*m* & Democrats support the VICTORY MOSQUE & TV supports Imam)
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To: RegulatorCountry

He was attacking Pelosi, not people on food stamps.


417 posted on 10/24/2010 10:27:23 PM PDT by chilltherats (First, kill all the lawyers (now that they ARE the tyrants).......)
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To: Rutles4Ever

“That’s simply not true. Confiscating 401k’s would vaporize the stock market. Exactly how would the government make up for the equity destruction of all those stock funds being replaced by “retirement” bonds?”

“Will never happen.”

Oh yes it could and may happen. See Argentina, Zimbabwe, etc. The public is clueless - brainwashed by TV. Things are going to get worse. Much of America will start seeing what CA and MI are seeing with dumpster diving.

Thank idiots who watch TV which empowers the left/Dems/Islamics and no Fox is only marginally better.

ALL TV and ALL Hollywood are s**t.

Nothing will change in this country until people unhook cable or sat TV. They prefer being serfs with a clicker.


418 posted on 10/24/2010 10:30:29 PM PDT by Frantzie (Imam Ob*m* & Democrats support the VICTORY MOSQUE & TV supports Imam)
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To: GOPsterinMA

Obama is still a rock star with 44% of the nation...let me know when he sinks to 35% and I am buying.

Classic line on the Fleetwood Mac there...hahaha.


419 posted on 10/24/2010 10:31:59 PM PDT by My Favorite Headache (In a world where I feel so small, I can't stop thinking big.)
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To: My Favorite Headache

Newt is a POS like Karl Rove. The stinking RINO/DIABLOs include Newt, Rove, Romney, McCain, Castle, Graham-nesty, Murkowski, Huckabee, Perry, Kay Bailey, Cornyn, Hatch, Jeb Bush, Connie Mack IV (sissy).


420 posted on 10/24/2010 10:33:23 PM PDT by Frantzie (Imam Ob*m* & Democrats support the VICTORY MOSQUE & TV supports Imam)
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