Recession effects arent over yet


The great recession may be over, but this era of high joblessness is probably just beginning. Before it ends, it will likely change the life course and character of a generation of young adults. It will leave an indelible imprint on many blue-collar men. It may already be plunging many inner cities into a despair not seen for decades. Don Peck says that men are the ones feeling the joblessness most in this recession and that the unemployment rate will be 8% in 2014.

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25 Responses to “Recession effects arent over yet”

  • johnkaoszed:

    @vcoonrod lol

  • vcoonrod:

    Why is this called Russia Today. All they do is bash the USA – You’d think they’d bash Russia. Do you ever hear anything about Russia from these dudes?

  • dibblydooda:

    I got money
    watch?v=GO22Z0T3qPE

  • XBionic1955:

    Russia itself is one big myth..

  • TheTeledon:

    booooooooring.i mean it

  • Cr3ater:

    @707RipOtee HAHAHAHAHA LMAO!

  • flyhead2:

    @teapartyman
    And people wonder how the tea-party has become associated with Beck and Palin….

  • 707RipOtee:

    Its Over?

  • majikninja07:

    everything we do to stop them is starting ww3, iran is surrounded by countries that have hundreds of nukes, if any1s nuke goes off any were nukes will go off every were world wide

  • Xabesroth:

    Dude.Iran is 10 years away from a nuke.The best thing wee should do and the only thing wee should do is press them to use uranium for clean energy..But the States have something else in mind.They don’t want Iran to enrich uranium.War..If China and Russia allows it,will break down.

  • JAG82:

    u so witty,

  • teapartyman:

    No, nuclear warfare is not a joke. If we don’t take action against Iran it could lead to WW3.

  • jesslessthemess:

    @teapartyman joking i hope?

  • aliensORfallenAngels:

    well we’ll be in an inflation very soon anyway. all part of the by-design destruction of the USA!

  • teapartyman:

    Can we please invade Iran after the recession is over? The invasion is long over-due and we need to do something with Iran fast before they nuke the west.

  • wildchildplasma:

    I’ll tell you the exactly point it got ugly and bad recession kicked it’s way in. It was the minute you threatened Indonesia with a large tsunami after they had risen above your crap and went to manage their own gas pipe lines that was the final straw.
    I tell you israt I’m not being unfair you have had every given opportunity and plenty of market fruits to fly with but with you it always means throwing your success in everyone else’s faces.

  • cazyblood3:

    Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.

  • cazyblood3:

    Inflation hasn’t ruined everything. A dime can still be used as a screwdriver.

  • cazyblood3:

    Car sickness is the feeling you get when the monthly payment is due.

  • cazyblood3:

    We can tell our values by looking at our checkbook stubs.

  • cazyblood3:

    The safe way to double your money is to fold it over once and put it in your pocket.

  • 2minstral:

    The only productive capacity that the US has left is the weapons industry, & they are not hiring. They were contracted by govt. to supply the illegal wars in Iraq, & Afghanistan with borrowed money.

    The mfg jobs wont come back. Not until after we have had a great depression will anything re-emerge that is made in North America. The only jobs available will be in the military and does anyone really want to go there?
    Lets face it there is no recovery without non-military productive capacity.

  • wildchildplasma:

    10 years ago the US market was cooked nicely to fly and 1,000,000 people died in Iraq some of them brutally and all they could do was rub everyone’s nose in their supposed superiority without assessing the potential of other nations like China ect simply because of their starting ground.
    Quite frankly I’m pissed.
    Yes the US economy could be cooked well and fast right flipping now mr American but I’m not having that big it rub everyone’s nose in it that’s why there’s some extra suffrage.

  • DPMP2004:

    that’s what he said. “might” be over… He didn’t say “is over”. There is still uncertainty.

  • wildchildplasma:

    in terms of evolution moments the build up can be quite complex but the transition moments are rapid. This is actually the calm before the storm so to speak.

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