Is this what people mean when they talk about Obama’s Jobless Recovery?
Question by Wall Street loves Obama: Is this what people mean when they talk about Obama’s Jobless Recovery?
Wall Street Profits are up and Main Street is getting the shaft………….
So, I guess Wall Street is very happy indeed with Obama sending Trillions of dollars into their pockets.
Gabriel @ isn’t that what I just said? Plus, Obama gave Corporations Billions in bailouts,stimulus money to top things off – what a sweet deal for them.
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Answer by Wit
How many times do I have to say this
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Yes Again.
It means that Americans are undereducated and under-qualified for the jobs out there, therefore the only jobs they’re capable of doing are obsolete thanks to the automation of just about everything (from answering the phone to the assembly line). It’s a jobless recovery because American corporations and companies are hiring people from India and China, but still making profits to bring back home (for themselves).
The bailouts have proven very successful…for Obama’s banker cronies.