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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (75184)	11/13/2009 12:35:29 PM
From: tonto	3 Recommendations Respond to of 224744

You are not making any sense. Go back and read the allocations, then let's discuss how the bill was supposed to have worked. Why did they promote it as they did when it was a lie?

To: Kenneth E. Phillipps who wrote (75184)	11/13/2009 12:58:07 PM
From: JakeStraw	1 Recommendation Read Replies (1) \| Respond to of 224744

Obama's appointments to deal with the economic downturn are the equivalent of hiring the same construction company to rebuild a building they built that collapsed because it was structurally unsound ...

To: Kenneth E. Phillipps who wrote (75184)	11/13/2009 3:46:16 PM
From: JakeStraw	1 Recommendation Read Replies (1) \| Respond to of 224744

"Legalized plunder": “See if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime”. - economist Frederic Bastiat

To: Kenneth E. Phillipps who wrote (75184)	11/13/2009 5:56:54 PM
From: Hope Praytochange	1 Recommendation Respond to of 224744

All the organs of the body were having a meeting, trying to decide who was the one in charge. "I should be in charge," said the brain , "Because I run all the body's systems, so without me nothing would happen." "I should be in charge," said the blood , "Because I circulate oxygen all over so without me you'd all waste away." "I should be in charge," said the stomach," Because I process food and give all of you energy." "I should be in charge," said the legs, "because I carry the body wherever it needs to go." "I should be in charge," said the eyes, "Because I allow the body to see where it goes." "I should be in charge," said the rectum, "Because I'm responsible for waste removal." All the other body parts laughed at the rectum And insulted him, so in a huff, he shut down tight. Within a few days, the brain had a terrible headache, the stomach was bloated, the legs got wobbly, the eyes got watery, and theblood Was toxic. They all decided that the rectum should be the boss . The Moral of the story? Even though the others do all the work... *The ass hole is usually in charge*

To: Kenneth E. Phillipps who wrote (75184)	11/13/2009 11:10:26 PM
From: Hope Praytochange	Respond to of 224744

Job Losses Mount, Enduring and Deep By FLOYD NORRIS Published: November 13, 2009 THE rise in unemployment that has occurred in the current recession has been hardest on young workers, while having a smaller effect on older workers than previous downturns. Women have been more likely than men to hold on to their jobs. The overall unemployment rate, which reached 10.2 percent on a seasonally adjusted basis last month, remains below the post-World War II peak of 10.8 percent, reached in late 1982. But the proportion of workers who have been out of work for a long time is higher now than it has ever been since the Great Depression. The persistence of joblessness for so many people — 5.6 million Americans have now been out of work for more than half a year even though they have continued to seek employment — may provide the greatest challenge for the Obama administration if it decides to seek a new economic stimulus program. The short-term unemployment rate — the proportion of the work force that has been jobless for less than 15 weeks — has begun to decline, however, and stood at 4.5 percent in October after peaking at 4.9 percent in May. That decline is a signal that the recession, which officially began in December 2007, probably has ended. In past recessions since World War II, the National Bureau of Economic Research has always dated the end within two months of the peak in short-term joblessness. Over the last three years — since October 2006 — the overall unemployment rate has risen by 5.8 percentage points. That is the largest such increase since the Great Depression, providing another indication of the rapidity and severity of the current downturn. Before this cycle, the sharpest 36-month increase since World War II was a 4.9 percentage point rise in the period that ended November 1982. The accompanying charts show the short- and long-term unemployment rates during the three cycles since World War II when the unemployment rate rose above 8 percent, and reflect how different groups of workers fared in each. Each of the charts begins in the month when the broadest measure of employment — the proportion of people over age 16 with jobs — hit a cyclical peak. The first two end when that measure reached a cyclical low, several months after the recession was later deemed to have ended. The final chart runs through October, the latest month available. With each chart are calculations on the proportion of jobs that were added or lost from the peak through the bottom for differing groups of workers. This cycle has been the worst over all, with the government’s household survey in October finding 7.7 million fewer jobs than in December 2006, when the employment-to-population ratio reached its high for the current cycle. The declines during the two earlier cycles, from November 1973 to June 1975 and from December 1979 to March 1983, were 0.8 percent and 2.0 percent, respectively. Women have held on to jobs better than men have during this downturn, reflecting a pattern that prevailed during the previous cycles. One major difference is how older workers have fared. The number of jobs held by men over 55 is up 5.6 percent since the cycle began, and the number of jobs held by women of that age has risen by 9.3 percent. There are fewer jobs for workers age 54 to 64 than when the cycle began, but that group has done much better than younger workers. By contrast, younger workers were more likely to hold on to their jobs in the two previous downturns. It is not clear why that pattern has changed. It is against federal law to discriminate against older workers, but that law was passed in 1967, before either of the previous downturns. It could be that the plunge in real estate and stock prices in 2008 led fewer older workers to decide to retire. The proportion of the work force out of work for more than 15 weeks reached 5.7 percent in October, well above the 4.2 percent figure reached in 1982. That had been the highest such figure since the government began calculating the number in 1948. The proportion that has been out of work for at least 27 weeks — half a year — is now 3.6 percent, also a record. Floyd Norris comments on finance and economics in his blog at norris.blogs.nytimes.com.