The GOP Recession Results On Unemployment

[Procrustes Stretched]

The GOP has been all talk and no ideas about jobs. Here they are too busy trying to block any and all attempts to help the middle and lower classes of working people , and they have fought viciouslt to keep safe the supposed free speech rights of multinational corporations.

Now data is coming out. The consequences of GOP rule for so long...The GOP recession results...

The Center for Labor Market Studies at Northeastern University in Boston divided American households into ...groups based on annual household income...it analyzed labor conditions in each of the groups during the fourth quarter of 2009.

The highest group, with household incomes of $150,000 or more, had an unemployment rate during that quarter of 3.2 percent.

The next highest, with incomes of $100,000 to 149,999, had an unemployment rate of 4 percent..... the group with household incomes of $40,000 to $49,000 had a jobless rate of 9 percent..

The $50,000 to $59,000 group had a 7.8 percent jobless rate, and households earning $60,000 to $75,000 had a jobless rate of 6.4 percent...... those with incomes of $12,500 to $20,000, had an unemployment rate of 19.1 percent.. the lowest group, which had annual household incomes of $12,499 or less. ...was a staggering 30.8 percent. That's more than five points higher than the overall jobless rate at the height of the Depression.

NYT

 

[mascale]

The Hollywood Box Office results for 2009 were at record numbers, and so the uneven effects of the downturn are supported.

What is also supported is the fairly hideous failure of Democratic Party, liberal analysis--housed in the waste-of-money Ivy League, and the waste-of-money think tanks: To come up with massive public works projects spending.

China, Australia, Europe, Canada--all did major public works, New Deal, kind of spending, and have already emerged from the global crisis.

The "Preservative Stimulus," of the shown upper income levels--Was a Waste Of Money!

"Crow, James Crow: Shaken, Not Stirred!"
(Imagine calling anyone supportive of a "Reagan Trajectory:" In any manner a "fiscally "irresponsible," waste of money! Millions likely wonder how that could happen!)

 

[Neubarth]

AS PRESIDENT I WOULD BAN THE IMPORT OF ANY AND ALL CHINESE PRODUCT. We need to put men back to work in America. It is time to create our own Economic Co-Prosperity Sphere. Fug the rest of the world.

 

[uscitizen]

DAMN! The shelves at most retailers would be barren.

How long till China had factories in Mexico?

We would buy from Mexican factories and pay more than we were from China.

Yep that would show em.

 

[Procrustes Stretched]

DAMN! The shelves at most retailers would be barren.

How long till China had factories in Mexico?

We would buy from Mexican factories and pay more than we were from China.

Yep that would show em.

wow, a thread with 3 absolutely crazy muthas replying?


cool

 

[eagleseven]

The consequences of GOP rule for so long...The GOP recession results...

We better vote em out!

Oh, wait...

 

[Procrustes Stretched]

The consequences of GOP rule for so long...The GOP recession results...

We better vote em out!

Oh, wait...

Keep em out is more like it.

Clinton had to clean up after Reagan and Bush....The Dems have bee trying to clean up after Newt, Delay and the GOP Senate and Bush/Cheney...but there is that 'R' thing....recession. Then there is that 'O' thing...obstruction.

The GOP would rather put America in the toilet than allow the Democrats to get credit for anything.

GOP: Party Power over National Unity

 

[eagleseven]

With economists like you, who needs PhDs?

 

[uscitizen]

With economists like you, who needs PhDs?

Who does need em? Good question.
Most of them embraced the items that led us to this mess.
Virtually none of them seemed to see this coming.

so should we still listen to those same PHD's?

 

[eagleseven]

“The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist.”

You are affected by the laws of physics, regardless of your understanding of said laws.

 

[Procrustes Stretched]

With economists like you, who needs PhDs?

While I never pretended to be an economist, I didn't need an economic model to see the GOP fed bust coming.

 

[eagleseven]

While I never pretended to be an economist, I didn't need an economic model to see the GOP fed bust coming.

If you studied economics, you would realize that economic policy is independent of party, but rather individual to each president. This is largely because career politicians have no understanding of economics, but rather follow whatever is popular with the Administration.

Case in Point: Both Nixon and Obama support a pro-inflation, pro-regulation stance.