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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (756430)12/6/2013 2:28:19 PM
From: bentway  Read Replies (1) | Respond to of 1575174
 
I see Obama as taking the reins just after the Bush Great Recession, the largest economic disruption since the Great Depression ( Not just a run of the mill recession!). He gets blamed for the economy not recovering, I'm not talking Wall St. economy, but the jobs economy that most Americans depend on.

The Bush Great Recession happened right when globalization, cheaper labor countries, and robots taking jobs were really taking off. Those jobs are NEVER coming back. The current unemployment rate is probably the best we can hope for, while the Fed keeps QE going. It may get worse after.

No American president can control the tides of global progress. Which will include 5% of the world's population no longer consuming 25% of the world's resources.

The world's poor demand to rise. They see what can be their life on the TV shows we export, and they WANT it. They'll work way harder than any American to get it.



To: i-node who wrote (756430)12/6/2013 3:23:23 PM
From: jlallen2 Recommendations

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FJB
steve harris

  Respond to of 1575174
 
The only reason the rate is going down at all is because labor force participation continues to decline...



To: i-node who wrote (756430)12/6/2013 7:22:11 PM
From: tejek  Respond to of 1575174
 
>> National unemployment rate hits five-year low

I'm not sure how you celebrate five years of gut-wrenching unemployment under this nitwit administration. Hell, we would have been back to normal employment levels three years ago if anyone else had been elected. Here we are at nearly twice the normal unemployment rate five years into what should have been a six month recession.


LOL. Have you thought of taking up tennis?