U.S. Unemployment Rate Rises to 9.6%

A message for you Txgolfer.
 
whatdidyousay! said:
My dad made a lot of money during WW2 selling buckles to the goverment .
There has to be a better way to made money than having a war!
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We were already at war.......still are. The economy is fragile. It takes planning, you can't just throw another big problem on it.

Remember, thats all the stimulus was......spending money to create jobs. Except we gave it to projects that won't create jobs. The war is an example of the government spending money and creating a significant number of jobs. That doesn't mean fight a war to lower unemployment. :lol: But if you are already at war and have a fragile economy you better have a good plan for when you end it.
 
TXgolfer said:
We were already at war.......still are. The economy is fragile. It takes planning, you can't just throw another big problem on it.

Remember, thats all the stimulus was......spending money to create jobs. Except we gave it to projects that won't create jobs. The war is an example of the government spending money and creating a significant number of jobs. That doesn't mean fight a war to lower unemployment. :lol: But if you are already at war and have a fragile economy you better have a good plan for when you end it.
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on the contrary.....

How the Stimulus Is Changing America
The American Recovery and Reinvestment Act of 2009 — President Obama's $787 billion stimulus — has been marketed as a jobs bill, and that's how it's been judged. The White House says it has saved or created about 3 million jobs, helping avoid a depression and end a recession. Republicans mock it as a Big Government boondoggle that has failed to prevent rampant unemployment despite a massive expansion of the deficit. Liberals complain that it wasn't massive enough.

It's an interesting debate. Politically, it's awkward to argue that things would have been even worse without the stimulus, even though that's what most nonpartisan economists believe. But the battle over the Recovery Act's short-term rescue has obscured its more enduring mission: a long-term push to change the country. It was about jobs, sure, but also about fighting oil addiction and global warming, transforming health care and education, and building a competitive 21st century economy. Some Republicans have called it an under-the-radar scramble to advance Obama's agenda — and they've got a point.
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For starters, the Recovery Act is the most ambitious energy legislation in history, converting the Energy Department into the world's largest venture-capital fund. It's pouring $90 billion into clean energy, including unprecedented investments in a smart grid; energy efficiency; electric cars; renewable power from the sun, wind and earth; cleaner coal; advanced biofuels; and factories to manufacture green stuff in the U.S. The act will also triple the number of smart electric meters in our homes, quadruple the number of hybrids in the federal auto fleet and finance far-out energy research through a new government incubator modeled after the Pentagon agency that fathered the Internet.
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but of course.... you disagree......
 
Long term planning means maxing out on your 10 credit cards with money you don't have and using another credit card to help pay other credit card bills.

Nice logic.
 
I know, and because election is around corner, alot of people are fuming and wants changes, meaning these ignorant congress people better be waking up or ELSE.

kokonut said:
Waking up? It's too late to "wake up" for them. We are now less than 2 months away from November 2 election.

A bunch of miserable failures they are.
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If the unemployment rate is because of a Democrat-controlled Congress, WHY ATTACK OBAMA?
If bringing the troops home is an issue, let's leave them out there to be killed by roadside bombs. That would certainly help the unemployed here at home.
 
saywhatkid said:
If the unemployment rate is because of a Democrat-controlled Congress, WHY ATTACK OBAMA?
If bringing the troops home is an issue, let's leave them out there to be killed by roadside bombs. That would certainly help the unemployed here at home.
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Not just only for democrat controlled congress or Obama, it is also wall street, bank failure, shitty house market, GOP and financial irresponsibility among Americans caused recession and take more longer time to get out of recession.

Ironic to say about Senate GOP blocked Obama's bill to support on small businesses.
 
Foxrac said:
Not just only for democrat controlled congress or Obama, it is also wall street, bank failure, shitty house market, GOP and financial irresponsibility among Americans caused recession and take more longer time to get out of recession.

.
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That excuse doesn't work anymore. obama promised the stimulus and health care bills would fix the economy. When the stimulus looked bad at first Biden said it would take 18 months for the stimulus to work. We are past 18 months.
 
I think it's hilarious the some people think that a party change for Congress in November will magically make our country solvent. I mean, we will have the Republicans, and people will be waiting for something...Like what? Then after a short honeymoon and our problems just keep on keeping on, they will start getting pissed and feeling cheated. I think it is deliciously hilarious!
 
Beowulf said:
I think it's hilarious the some people think that a party change for Congress in November will magically make our country solvent. I mean, we will have the Republicans, and people will be waiting for something...Like what? Then after a short honeymoon and our problems just keep on keeping on, they will start getting pissed and feeling cheated. I think it is deliciously hilarious!
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Then we can hear about how these things take time, Obama is blocking good bills from passing, etc. I can hardly wait.
 
TXgolfer said:
Sorry but your link isn't good news. Just more promises and ideas from a guy that can't keep promises and thinks robotic bees is a good idea.
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That's not what I was saying.

I took some of quote from link that I posted.
President Obama went on the offensive Friday on the politically critical issue of job creation, promising to lay out a broad package of ideas next week and slamming Senate Republicans for blocking passage of his administration's small business aid legislation.

Obama renewed his call for the languishing bill in the wake of Friday's release of new unemployment figures. The jobless rate, according to the Labor Department, rose from 9.5 percent to 9.6 percent in August.

The economy lost a total of 54,000 jobs last month. Most of the losses, however, came from the public sector as the government cut 114,000 temporary census workers. Private businesses added 67,000 jobs to their payrolls.

August was the eighth straight month that businesses added jobs, following nearly two straight years of job losses. So far this year businesses have added 763,000 workers to payrolls.

"That's positive news," Obama said at the White House, flanked by his top economic advisers. It "reflects steps we've already taken to break the back of this recession."
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Look at red bold in this quote and that's good news for Obama.

It is just good start for private sector to growing and unemployment rate is rising by 0.1% to 9.6% is unimpressive because recession is bad so enough.

I don't care about public sector because Census jobs are temp and expected to see big loss in summer and fall.

If you think it isn't good for Obama then that's fine and that's my opinion.

I'm getting out for dinner at fish market so see you tonight.
 
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