Jobless claims are rising – So what’s going to happen when that stimulus $$$ that put all those people to work?
Question by GangRelatedKillings: Jobless claims are rising – So what’s going to happen when that stimulus $$$ that put all those people to work?
run out? Are the Repubs going to approve another Trillion dollars in stimulus, or are jobless claims bound to keep rising? Yet we are out of the Recession? Come on with the Games – we were never out of the Recession people – wake up.
People keep losing their jobs, the rich getting richer, homes sitting there not being sold for years, and you think this means we are out of the recession?
Best answer:
Answer by Sadcat
Jobless claims increased this week. They decreased for the past two weeks. One week does not make a trend.
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A week does not a trend make:
* Unemployment claims decreased AGAIN last month. Better than losing 750,000 jobs per month in the final Bush/GOP days.
* The economy has added 827,000 private-sector jobs through September 2010. For comparison purposes, the economy lost nearly 3.8 million private-sector jobs in 2008.
* 9 consecutive months of private market job growth through September. Numbers for July and August have been revised upward.
Sadcat is a prime example of how the left spins things. Jobless claims decreased the last two months? That’s supposed to make up feel better? Unemployment is on the rise. Perhaps the Democrats should stop funneling millions of dollars of stimulus money to their buddies, like Barney Frank.
Repubs will not approve ANY STIMULUS…that is the democrats way. We believe in letting the economy correct itself and give businesses help so they can HIRE PEOPLE !
the rich are getting richer because they are not going to put their businesses in jeporady and lose everything to hire people they cannot afford to hire. It is like buying a house you can’t afford and then losing it all.
GET EDUCATED and realize…this government is RIDICULOUSLY DANGEROUS to our economy and This POTUS has spent more money than ALL PRESIDENTS FROM GEO WASHINGTON TO RONALD REAGAN!
It wasn’t republicans….it was PROGRESSIVE LIBERALS and their agenda and arrogance and being so INEXPERIENCED and UNEDUCATED and UNWILLINGNESS to bend that has caused problems. THEY crashed the economy and they continue to degrade it and our country and our people!
They will need a second Stimulus which concentrates more on Infrastructure, such as on rebuilding Schools, Roads, Bridges and lay down the tracks for a High Speed Rail.
This will probably cost between 300-500 Billion. But it is worth every penny.
The only way out of this is to stop government spending. We the people are going to have to take the lumps for the government obviously. Spending isn’t preventing, but prolonging the inevitable.
The government is out to steal our private pensions now to fix Social Security when the problem is that they have millions of people like 0bama’s illegal alien aunt enrolled in Social Security at the taxpayers’ expense.
Sadcat, get real.
The four-week average of first-time jobless benefits, which economists prefer because it smoothes out weekly fluctuations, rose 2,250 to 459,000.
http://www.cnbc.com/id/39666662
Why bother, they will support him to the end. Oh we made 5 jobs last week and only lost 10, that means everything is working as planned and things are getting better, crap. Oh don’t worry, go ahead and drink, that’s not really a toilet. The bigger issue is if the republicans do take control, will he work with them. I think not, we will continue this downward spin for another two years at least.
We will never get out of this recession until we exorcise the liberal big government tax and spend policies back into hell where they belong.