Quote:
Originally Posted by Coach Pants
No. Well not for the big report. Only mild gains on average at the weekly churn.
But I give up. We're lost, jms. When you have successful people conditioned to accept this economy then it's over. No return to any form of sanity.
As long as the pigs at the royal farms get fed then everything stays the same.
Try going in that pen and making the pig sacrifice anything over the pigs self-interest.
We get what we deserve.
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Yes. We have two economies: one for the wealthiest, and one for the 47%.
Unemployment at Obama-administration low of 7.8% Lowest since Obama was elected, in face of 100% Republican obstructionism. Treasuries up to 1.73% yield. Dow up 50 points on this announcement, and now at 5-year high, you can get yields of 10-15% readily if you have the money to place.
That's the economy for the top quintile of Romney's 53%
Meanwhile, the other 47% has real wages falling for 50 years in a row, had their pensions taken away, no benefits at work, a minimum wage that put you barely above poverty level, doesn't even have a simple, reliable method of saving any money with a compounding interest rate of even 1% of any means whatsoever.
And Romney-Ryan want you to elect them, so they can additionally
privatize to profitize the taxpayers social security and medicare/medicaid trust funds.
That's about the only big piles of money left for the wealthy to skim in the USA. Oh - school education funds. They want to privatize to profitize those funds, too.
On the unemployment numbers: Of course there are still unemployed people not in the numbers. Everyone knows that. I'm tired of everyone calling these numbers "cooked", or talking about "real" unemployment when these numbers come out: these numbers have been created the same way through all administrations, there are always people not included in these unemployment numbers who are not looking or who have fallen off the grid,
everyone knows that.
It is not a secret, nor is it "cooking the books" to compare apples to apples year after year. Everyone knows there is always about an additional 4% group of Americans who will never, ever be employed or be looking for work, whether the official unemployment numbers are 3.6% or 7.8% or 15.4%
That said: right now Congress is sitting on, ignored by the GOP, the American Jobs Act that would immediately create 2 million jobs, and the Veterans Jobs Act that would employ 100,000 unemployed veterans.
Republicans vote against these bills. Democrats vote for them. Choose your side Nov 6. If you vote Democratic and the House turns, both bills will be immediately passed January 2013 and real unemployment will drop like a rock next spring.