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Title: Unemployment Numbers Much Worse Than Obama's Department of Labor Reports
Source: [None]
URL Source: http://bungalowbillscw.blogspot.com ... t-numbers-much-worse-than.html
Published: Apr 2, 2010
Author: bungalowbillscw
Post Date: 2010-04-02 11:59:19 by no gnu taxes
Keywords: None
Views: 1522
Comments: 52

There is something good to be said about the Bush administration. Most Americans had jobs during his eight years. Obama's policies like cap and trade and healthcare reform law threatens jobs, as many employers must adjust for the higher insurance premiums and taxes they will pay.

One of the issues the media constantly tried to ding Bush on was underemployment. You don't hear that coming from the mainstream media much. Undermployment is a condition where the over qualified take lesser jobs that provide part-time work that pays far below what they are qualified to be making. These are jobs that don't provide a livable wage.

According to the latest Gallup Daily Tracking Poll, while Obama and the Democrats cheer a slow down in job losses in March, underemployment rose for the month by half a percentage bringing the total number of Americans who are underemployed to 20.3 percent, proving even further, this economy is in a real mess and $787 billion in stimulus money didn't work to improve matters.

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Begin Trace Mode for Comment # 7.

#2. To: no gnu taxes (#0)

There is something good to be said about the Bush administration. Most Americans had jobs during his eight years.

Enough with the partisan bullshit, okay?

American's income stopped increasing in 2000, just before Bush was elected. It stagnated from 2000 to 2008. We had economic growth due to people taking out HELCOs on their homes.

The American worker got sodomized by free trade and the only jobs around were bullshit make-work or hamburger flipper jobs.

I despise Obama, but Bush was a disaster.

Nebuchadnezzar  posted on  2010-04-02   12:10:26 ET  Reply   Untrace   Trace   Private Reply  


#3. To: Nebuchadnezzar (#2)

The American worker got sodomized by free trade and the only jobs around were bullshit make-work or hamburger flipper jobs.

While I agree salaries flat lined, I don't agree with the suggestion it was 'make work' nor 'hamburger flipper jobs'.

Badeye  posted on  2010-04-02   12:36:05 ET  Reply   Untrace   Trace   Private Reply  


#4. To: Badeye (#3)

While I agree salaries flat lined, I don't agree with the suggestion it was 'make work' nor 'hamburger flipper jobs'.

BE,

Actually the Admin had those involved in the manufacturing of food, which included burger-flippers, re-classified as manufacturing. It was in 2006 or 2007.

Horseshit on Bush and his bullshit "free trade" economy.

Nebuchadnezzar  posted on  2010-04-02   12:39:22 ET  Reply   Untrace   Trace   Private Reply  


#6. To: Nebuchadnezzar (#4)

I understand that. But I'm in the employment screening industry, and I know what types of jobs were being screened. It wasn't 'buger flippers' the cost to profit ratio doesn't allow for it, and we kicked ass throughout all but the last year under Bush nationally.

That last 18 months saw a downslope of volume of orders, to be sure. But the clients we have did high end screening - jobs starting over 20K per year, with benefits. Companies like Lilly, GM, P&G, every insurance company you can think of, legal firms etc.

So we disagree on that aspect. My view is based on our in house empirical data coast to coast since 1997.

Badeye  posted on  2010-04-02   13:03:40 ET  Reply   Untrace   Trace   Private Reply  


#7. To: Badeye (#6)

BE,

Our economy, by GDP, is 22% "FINANCE" jobs.

Banking, Goldman Sachs, CITI, etc.

Bullshit on those paper-pusher jobs.

I have plenty of friends who lost work to H1B1 visa applicants because they would work for peanuts. Most of them ended up in some menial job.

Your firm had those H1B1 jobs as being some fucking "positive" on the economy.

Jobs given away to foreigners don't count badeye.

You know that.

Nebuchadnezzar  posted on  2010-04-02   13:19:16 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 7.

#26. To: Nebuchadnezzar (#7)

We only screen Americans, Neb.

Anyway, have a Great Weekend, Easter if thats you, just Weekend in general if it isn't.

Badeye  posted on  2010-04-02 17:09:06 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 7.

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