America's "99ers

[Flaylo]

For America's "99ers," jobs crisis is hard to escape - Yahoo! Finance

It may not only be Americans like Coyne who feel the pain. Some economists say the cuts could make it even harder to shrink long-term unemployment that damages the wider economy by dampening consumer demand and lowering output.

In 2010, an estimated 3.9 million unemployed Americans exhausted unemployment benefits, according to the National Employment Law Project, an advocacy group that campaigns for lower-wage workers.

More than 14 percent of the U.S. unemployed have been out of a job for 99 weeks, or longer.

The Labor Department’s report on Friday showed that the unemployment rate climbed to a six-month high of 9.2 percent in June.

Many so-called "99ers" subsist on social services like food stamps and Medicaid, programs now in danger of deep cuts demanded by many Republicans in Congress in exchange for allowing the federal government to go deeper into debt.

"An increase in demand for social services is what you would expect in a downturn of this magnitude and so the fact that they are cutting the social safety net is quite perplexing," said Sylvia Allegretto, a labor economist at the University of California at Berkeley. "We've just never seen (long-term unemployment) at these levels, period."

Despite the bold part Repugs still want deeper cuts. The thing is, the Repugs don't understand that massive cuts will shrink the deficit, but they will not create jobs to lower unemployment. Is beyond facked up for them to demand cuts to Medicare and other social services thats going to affect a significant amount of people negatively while at the same time asking for tax cuts for the rich to create jobs that haven't been created with the Bush tax cuts, the shat doesn't work. They want to feed the rich at the expense of letting the poor rot, if voters had any sense they would use their vote to make their voices heard, thats the biggest weapon they have against these Repugs in the House and Senate.

The woman put in her 1,862nd job application and has been unemployed yet for 99 weeks, the rightwingers in this forum had all kinds of negative shat to say about such people without knowing their individual stories, but it certainly demolishes the myth that giving unemployment money and other social service to the poor and jobless makes them lazier and less determined to look for a job. How many rightwingers in this forum have put in 1,862 job applications in their facking life?

 

[sparky]

The woman put in her 1,862nd job application and has been unemployed yet for 99 weeks, the rightwingers in this forum had all kinds of negative shat to say about such people without knowing their individual stories, but it certainly demolishes the myth that giving unemployment money and other social service to the poor and jobless makes them lazier and less determined to look for a job. How many rightwingers in this forum have put in 1,862 job applications in their facking life?

they're all self made libertopians Flay, the earth might fly into the sun, and they'd have a plan you see.

so their attitude is these lazy misfits deserve their fate, because they are flawed, stunted, and less than the human they are

the grand disconenct comes when one describes the socialism they loath as extending tax dollars to such sorts applicable to foriegn policy , where they make every dodge to advocate giving to foriegn nationalists BEFORE Americans

 

[California Girl]

Britain (who's economy is similar to the US), made massive cuts in public spending..... and they're recovering better than we are.

 

[sparky]

Britain (who's economy is similar to the US), made massive cuts in public spending..... and they're recovering better than we are.

bad comparission, Brittan has much more social handouts TO cut than we ever have, or will have

try harder CG....

 

[Flaylo]

Britain (who's economy is similar to the US), made massive cuts in public spending..... and they're recovering better than we are.

To begin with, our economic and deficit problems were brought about by that housing bubble bursting, not massive overspending by the government. The USA devotes less of it GDP on social welfare services proportionally that European countries, so its definitely wasn't government overspending, dispense with the lies. It wasn't just massive cuts that Britian took to get on the road to recovery, moronic Repugs see that as the only solution so thats all they look at.

 

[The T]

Britain (who's economy is similar to the US), made massive cuts in public spending..... and they're recovering better than we are.

To begin with, our economic and deficit problems were brought about by that housing bubble bursting, not massive overspending by the government. The USA devotes less of it GDP on social welfare services proportionally that European countries, so its definitely wasn't government overspending, dispense with the lies. It wasn't just massive cuts that Britian took to get on the road to recovery, moronic Repugs see that as the only solution so thats all they look at.

I'll take what is Fannie Mae/Freddie Mac for $1,000 Alex...

And YES the Government is overspending. What the HELL do you think the deficit is genius?

 

[The T]

By the way Fail-O? I thought you were leaving?

 

[California Girl]

Britain (who's economy is similar to the US), made massive cuts in public spending..... and they're recovering better than we are.

bad comparission, Brittan has much more social handouts TO cut than we ever have, or will have

try harder CG....

You clearly know jack shit about Britain. I don't need to 'try harder', facts are facts. Britain cut massively from it's public sector, that's not just about cutting handouts (and we are dangerously close to a very similar handout culture), but they have cut vast amounts of jobs, services, etc.

 

[Flaylo]

Britain (who's economy is similar to the US), made massive cuts in public spending..... and they're recovering better than we are.

To begin with, our economic and deficit problems were brought about by that housing bubble bursting, not massive overspending by the government. The USA devotes less of it GDP on social welfare services proportionally that European countries, so its definitely wasn't government overspending, dispense with the lies. It wasn't just massive cuts that Britian took to get on the road to recovery, moronic Repugs see that as the only solution so thats all they look at.

I'll take what is Fannie Mae/Freddie Mac for $1,000 Alex...

And YES the Government is overspending. What the HELL do you think the deficit is genius?

Evidence of massive government overspending please? You can say it till you're blue in the face all you like, but show the money.

 

[California Girl]

Britain (who's economy is similar to the US), made massive cuts in public spending..... and they're recovering better than we are.

To begin with, our economic and deficit problems were brought about by that housing bubble bursting, not massive overspending by the government. The USA devotes less of it GDP on social welfare services proportionally that European countries, so its definitely wasn't government overspending, dispense with the lies. It wasn't just massive cuts that Britian took to get on the road to recovery, moronic Repugs see that as the only solution so thats all they look at.

You're not smart enough to discuss economics, Fail. You're a ROAD soldier, this stuff is above your paygrade.

 

[Flaylo]

Britain (who's economy is similar to the US), made massive cuts in public spending..... and they're recovering better than we are.

bad comparission, Brittan has much more social handouts TO cut than we ever have, or will have

try harder CG....

You clearly know jack shit about Britain. I don't need to 'try harder', facts are facts. Britain cut massively from it's public sector, that's not just about cutting handouts (and we are dangerously close to a very similar handout culture), but they have cut vast amounts of jobs, services, etc.

Post the evidence, oh shat, CG is not going to post it, she's going to ask others to do her work for her even though the claim is hers.

 

[Flaylo]

Britain (who's economy is similar to the US), made massive cuts in public spending..... and they're recovering better than we are.

To begin with, our economic and deficit problems were brought about by that housing bubble bursting, not massive overspending by the government. The USA devotes less of it GDP on social welfare services proportionally that European countries, so its definitely wasn't government overspending, dispense with the lies. It wasn't just massive cuts that Britian took to get on the road to recovery, moronic Repugs see that as the only solution so thats all they look at.

You're not smart enough to discuss economics, Fail. You're a ROAD soldier, this stuff is above your paygrade.

Well when you show the evidence I'll deconstruct it, until I'm not wasting my time with an insulter who can post facts.

 

[skookerasbil]

The 99's will shrink dramatically once we get the far left guys out of office. Not a minute sooner. Its that simple. Until we get pro-growth economic policies, the 99's are fcukked. But its coming soon s0ns.......there is zero chance of the bozo in the white house getting elected next year with 8-10% unemployment. America wont be getting anywhere near 300,00 jobs/month by then.

Whats better? 18,000 jobs/month or 300,000 to 400,000/ month? The k00ks just want the wealthy to hand out checks.


C'mon...........

 

[editec]

The USA is traveling down the road the British Empire traveled roughly between 1901 and 1950.

Their version coupled free trade deindustrialized their nation, created entrenched and massive unemployment, just as our is doing now.

What is that former Empire upon which the sun never set, now?

It's a welfare state. PLUS, their wealthy class IS NOT as wealthy as they once were, either..

Range of net
estate (£)​

£50,000
to
£100,000​

£100,000
to
£200,000​

£200,000
to
£300,000
£300,000
to
£500,000
£500,000
to
£1,000,000
£1,000,000
to
£2,000,000
Over​

£2,000,000 Total

Total gross capital value Number (000s) .................................................................................total​

3,954 ............2,160 ........4,281.....2,702....... 1,522..........770 ........202 .................91 .........15,680
151,842 2..... 15,606... 726,876... 7 23,680......616,990.... 542,218.. 292,919......... 504,731......3,774,861

Ironically, it looks like their incomes and wealth distribution is now flatter than ours.

Why?

Every income class is now less wealthy

 

[skookerasbil]

The USA is traveling down the road the British Empire traveled roughly between 1901 and 1950.

Their version coupled free trade deindustrialized their nation, created entrenched and massive unemployment, just as our is doing now.

What is that former Empire upon which the sun never set, now?

It's a welfare state. PLUS, their wealthy class IS NOT as wealthy as they once were, either..

Range of net
estate (£)​

£50,000
to
£100,000​

£100,000
to
£200,000​

£200,000
to
£300,000
£300,000
to
£500,000
£500,000
to
£1,000,000
£1,000,000
to
£2,000,000
Over​

£2,000,000 Total

Total gross capital value Number (000s) .................................................................................total​

3,954 ............2,160 ........4,281.....2,702....... 1,522..........770 ........202 .................91 .........15,680
151,842 2..... 15,606... 726,876... 7 23,680......616,990.... 542,218.. 292,919......... 504,731......3,774,861

Ironically, it looks like their incomes and wealth distribution is now flatter than ours.

Why?

Every income class is now less wealthy

s0n.........thats what happens with trickle-up poverty economic policies. Everybody gets fcukked.

 

[WillowTree]

The takers are rapidly outnumbering the givers. Houston! We have a problem.

 

[8537]

Britain (who's economy is similar to the US), made massive cuts in public spending..... and they're recovering better than we are.

That will come as quite a surprise to the British, whose economy grew by .5% in the last measured quarter.

 

[Avatar4321]

Let me see if I understand it. These people have refused to work for almost 2 years and you expect me to feel bad for them?

 

[Flaylo]

Let me see if I understand it. These people have refused to work for almost 2 years and you expect me to feel bad for them?

Refused to work? What kind of moron are? A person who puts in 1,862 job applications is refusing to work? South Philly people are illiterate, come to Chestnut Hill or Germantown to get some education.

Coyne hopes government support is only a temporary fix. She keeps applying for jobs despite the hundreds of rejections and tries to keep alive her hopes that she can one day return to work and pay her friend a fair share of their living costs."I can curl up on the sofa and cry and pretend that it is going to get better but it is not going to go better unless I make it better."

 

[California Girl]

Britain (who's economy is similar to the US), made massive cuts in public spending..... and they're recovering better than we are.

That will come as quite a surprise to the British, whose economy grew by .5% in the last measured quarter.

It's solid, instead of teetering on the brink of slipping back into recession. I'll take .5% growth over a slide any day. Their private sector is settling, there are more jobs around.... which is good because they're throwing a whole bunch of public sector people out of work. The down side is that the private sector generally doesn't like ex public sector workers - they have a reputation of being lazy, overly unionized, and not as hard working as private sector workers.