Unemployment/under-employment at 18.6%

[Wullie]

Way to go BARRY and your Socialists!!
http://www.gallup.com/poll/125639/Gallu ... force.aspx

[callmeslick]

oh, come on Wullie. What do you think those numbers would look like if Obama hadn't intervened in the auto industry, and created short-term employment through the Stimulus Plan? Talk to any economist without his head up his ass.....they'll tell you how close we were to looking at 15% unemployment and 30% underemployment. Thank your lucky stars it didn't get worse, and then try to focus on the issues I tried to get intelligent discussion about a few weeks back(ie: the overall economy of the US, as it has evolved since 1980 or so). Otherwise, just whine about Obama, elect fools without any clue and watch the poor and working middle class keep on sinking.

Interesting aside: I was waiting for the spouse to enter some freaking contest at Musikfest yesterday. I was chilling with a beer by a car display. From an 'American' car company. I read the sticker on the vehicle and note the following:

Parts manufactured in the US--27%
Primary overseas parts sourcing--Germany
Vehicle manufacture point--Germany
Tranmission manufactured in China

nice. Wanna tell me how Obama is why you don't have manufactuing jobs here? Think that arrangement came overnight? At least some parts plants are still up and running.

[ruggbutt]

What do you think those numbers would look like if Obama hadn't intervened in the auto industry, and created short-term employment through the Stimulus Plan?

If the greedy banks had gone under other banks who were fluid would have purchased all those home loans at pennies on the dollar. They'd have made money and been able to do something with the homeowners and it wouldn't have cost the taxpayer a penny.

Wanna tell me how Obama is why you don't have manufactuing jobs here? Think that arrangement came overnight? At least some parts plants are still up and running.

He's a Dem so same thing. Dems didn't wanna give incentives to industry but they have no compunction not putting tariffs on chinese, taiwanese, et al imports.

[callmeslick]

If the greedy banks had gone under other banks who were fluid would have purchased all those home loans at pennies on the dollar. They'd have made money and been able to do something with the homeowners and it wouldn't have cost the taxpayer a penny.

this is the sort of thought process from someone who reads nothing but right-wing bullshit. The discussion here has NOTHING to do with the bank bailout(initiated by GWB, but nevermind.....). What, in the babble above, does that have to do with employment?

He's a Dem so same thing. Dems didn't wanna give incentives to industry but they have no compunction not putting tariffs on chinese, taiwanese, et al imports.

more slow-witted stuff, Ruggie. De-regulation of trade, and incentivizing short-term investment gain is what led us down this path. In a capitalist economy, you really shouldn't have to give incentives to industry. Henry Ford understood, long ago, that doing his manufacturing here, and paying a fair wage created a pool of customers for his products. We live in a country where those making the investment bucks don't care about workers here doing anything other than sinking into the morass. The short term profits are made by finding cheaper manufacturing elsewhere, and then selling at huge profits, even if you sell fewer units.