Comments on: How high unemployment undercuts Obama’s agenda

By: Jens Bos

Jens Bos — Thu, 10 Sep 2009 18:29:13 +0000

But is’nt it so that, would the democrats have opposed the spending of the main part of the pre-crisis deficit (i.e. on the war in Iraq), they would have been marked as being unpatriotic or may-be even traitors?And, as far as te bail out for the banks is concerned, that was the only possibillity for the economy to sort of survive, if that had’nt come through the problems would still be there to a far bigger extend and then we would not have been given time to rebuild at all.So I think it was the best option for the Democrats to voted with the previous president in that case.Remains the big problem of export of work, did you see today’s info on this agency about the current deficit on the trade balance? (what are the main causes behind this deficit….?)The opposition is very good in turning facts around, see the lies about healthcare and the like (obama’s birth certificate) and then of course the lies that were part of the selling process for the Iraq war…and the political mess (trustworthiness) that followed.That money spent on supporting the economy should also be spent on products made locally, not on the other side of the globe at slave’s wages to increase profits for shareholders.If they would earn a decent wage out there and if their governments would look for improvement for the life of the poorest we would not have this problem. Everybody would be better ofBut of course in a free market economy we have to live with that or……should we do something about it?best regards,JB

By: styer

styer — Tue, 08 Sep 2009 20:43:44 +0000

“this was done by the wrong planning of the previous 8 years improper policies.”Someone is ignorant of the fact that Democrats were elected as a majority in 2006. Money is only spent by the Congress. WAKE UP!

By: styer

styer — Tue, 08 Sep 2009 20:39:24 +0000

James stated: “I have been unemployed without a professional paycheck for Six (6) Years”Six years? Did you ever think of a retail job? Something that pays less than before? Maybe a $12/hr job at Home Depot?No?Then you have no sympathy from me. When I lost my job making $50K/year, I had to do something — I sold washers and dryers at Sears at nights and on weekends. I hated it… but I HAD TO.If you’ve not had a SINGLE paycheck in 6 years, perhaps you need to lower your standards, put away your ego and just work.There’s no shame even in flipping burgers if you’re supporting a family. You do what you have to…. or… you sit unemployed for 6 years like you.. and say we cannot make it because you can’t. No, sir… you WON’T.Put on an apron and work at the hardware store.Beneath you?

By: Jens Bos

Jens Bos — Tue, 08 Sep 2009 19:29:18 +0000

Indeed only real jobs can help, producing goods and services in this country and other “expensive” countries that people want to AND CAN AFFORD!!!(therefore we need work…) to buy…..That and that alone kan restore a certain balance in the world putting the place in a more constructive position.But in my opinion that requires macro-economical political action at home and abroad.

By: Scott

Scott — Tue, 08 Sep 2009 14:42:07 +0000

I love people who suggest the public works will employ people that can then drive us out of the great repression.It will only work if the government was spending money it had in reserves (i.e. not borrowing or printing)Borrowing just takes money that would have served a different (private) purpose.Printing can actually work like reserves–until it results in inflation and other problems (notice oil prices keep going up and the dollar’s value is down?)But keep believing we are “recovering” without jobs being created.

By: Scott

Scott — Tue, 08 Sep 2009 14:37:02 +0000

The jobs loss numbers are declining? If you look at the NON-SEASONALLY ADJUSTED numbers, we are in the 22nd straight month that has been worse year-over-year. We weren’t, until they adjusted the July numbers to show that 110,000 more jobs were lost than initially estimated. But keep thinking it will get better, especially as 2 million people collecting unemployment lose it in the next few months, and who knows how many will end at the end of December unless another extension is granted (not that I’m advocating an extension.) It continues to get worse. The first-time homebuyer credit ends at the end of October, as does the subsidy for COBRA for the unemployed. Also, taxes on car purchases are only tax credits through the end of the year. The stimulus money to states will decline in the next fiscal year (my state is July-June) so they will be cutting budgets next year. But I guess profits are up (due to layoffs) so that is a little good news except for all the people who lost their jobs because there is no news suggesting they will be rehired. What is a jobless recovery except for an oxymoron.

By: Jens Bos

Jens Bos — Mon, 07 Sep 2009 19:09:40 +0000

To RH PyleYou say:”I’ll bet that the loudest voices against socialized medicine are the same guys who embrace outsourcing at socialist countries. “Yes indeed……the consequences of financial management and practically limitless globalization.best regards,JB

By: Jens Bos

Jens Bos — Mon, 07 Sep 2009 16:50:17 +0000

I think the answer is quite simple, also QUALITY products are produced in cheap countries, look where all the MP3 players, mobiles, DVD and stereo equipment, computers ETC. are produced AND WHICH NAME IS PUT ON THEM….that is what we like to spend our money on, they are mostly made in a well controlled economy, with quality control by the mother company.Is’nt it time we start to be in controll of our own (working) economy,…. the financial economy is well under controll, they make profits over our backs and those of the poor people in too cheap producing countries….All these ready made products, manufactured there for our (and European/Japanese) multi-nationals should be levied, correcting the difference in income between the producing and consuming countries (the cost of transport and current duties are practically negligable)Of course this could also apply to imported admministrative services.best regrads,JB?

By: RH Pyle

RH Pyle — Mon, 07 Sep 2009 14:03:02 +0000

According to Janet L. Kaminski Leduc, there’s been an increase in outsourcing by the insurance industry in the area of IT professionals.So sorry insurance vampires,,no apology today!

By: RH Pyle

RH Pyle — Mon, 07 Sep 2009 13:50:13 +0000

I stand in favor of protectionist barriers to meet the protectionist barriers in place by quite a few of our trade partners. After this post, I intend to research how many American jobs have been outsourced by the insurance industry. I’ll bet that the loudest voices against socialized medicine are the same guys who embrace outsourcing at socialist countries.I’ll be back with an apology or confirmation.