in the end, its always the economy stupid. You know it, I know it and Jack Welch knows it. That is why Bush is on tv, he is trying to stem his slide in the polls by deflecting the true issues of economic ruin facing the lower middle classes by spreading fear. It won't work though.
Here's the thing, Bush didn't need to give away the US to multinational corps and sell out the middle class. He could have adopted a more populist stance wrt the economy and still been a republican. Instead he gave away the farm and the country is broke. It was just bad leadership.
I told you a few mos ago this situation was getting worse not better and economists are just now figuring it out after they wait for jobs month after month. NBR is now saying this expansion is just about DONE, and we should start to prepare for another downturn!!! LOL.
BROTHER, CAN YOU SPARE A JOB?
For five months in a row, the economy has eked out employment gains -- but the pace is well below the 150,000 new jobs economists believe are needed each month just to keep up with population growth, and jobless Americans are desperate.
"I'd be prepared to work in a warehouse, I'd be prepared to do assembly work," said Donald Thomas, a 46-year-old unemployed marketing and client relations consultant who has been looking for work since being laid off in July 2002.
"If I had to put a label on myself, it would be 'severely underemployed,"' he said. "And the market is still getting worse rather than better, as far as I can see." biz.yahoo.com |