Memo to Obama: “For God’s Sake, strap on a pair and get to it”
This is bad. 10.2% unemployment. 16 million people out of work. Payrolls have been slashed 22 months in a row. The real jobless rate is now 17.5%. These are Great Depression numbers. Unemployment benefits have been extended, but policymakers still resist jobs programs. Why? Why no federal work programs? Why no WPA?
The dot.com boom fizzled and the housing boom is kaput. Greenspan’s bubblenomics has flopped. There’s no driver for new jobs. We handed-over the economy to the private sector, and they blew it up. The supply-side, trickle-down, free market dogma turned out to be a fraud. We are all poorer and the economy is broken. Now we need jobs, good paying jobs with benefits. Government jobs. We need big government not big bubbles.
To read the complete article click on link below:
http://www.smirkingchimp.com/thread/24811
November 9th, 2009 at 7:34 pm
Sad but true John
We are all going to hell in a basket…
The Amerika we all once knew has gone the way of
Joltin Joe DiMaggio….. Koo koo the jew…
http://www.joedimaggio.com/go …