Wowzers, another 263,000 jobs lost. Another log on the bonfire of disaster corporatism.

[HughBeaumont]

Not going into the usual essays or platitudes, just this:

To all Michael Moore naysayers and critics - today's numbers just strengthened his message.

Don't even tell me this system works and we can't have Democratic Socialism mixed in with real Capitalism.

Unbridled corporatism needs to die and FAST.

American fiscal conservatives need to OWN up that this system is bullshit and need to GROW up FAST and get over themselves.

All of these employers laying people off is only going to lead to more employers laying people off. If you don't have jobs, you don't have a recovery, especially in a consumer economy. It really IS that simple.

You cannot strengthen the weak by strengthening the strong even FURTHER than they already are.

[Craftsman]

1. And how many families will burn as well?

[RagAss]

2. How many families will end up on the streets?...living in cars or tent cities?

[Craftsman]

4. You are right this is nto good for anyone.

[HughBeaumont]

3. America's families make up the giant base of that flaming pyramid.

The flames and smoke represent all they've been taught to believe since Reagan - that the "have too littles" are the problem . . . not the "have way too damned muches".

Of course, a lot of families don't believe they're part of the "have too little" group until it's too late.

[thunder rising]

5. Unemployed, Uninsured, and Foreclosed ... the new national anthem

[lib2DaBone]

6. Agree.. it IS that simple. Yet our learned CONgress people just don't get it...

30 years of living proof... Trickle Down Reaganomics does not work. It all started with Reagan's union busting (Patco) and off shoring.. which our astute CONgress people rubber stamped (as they stuffed lobbyist cash in their pockets)

When the top 1% take 90% of the profits... and socialize the losses... this is a system that CAN NO LONGER sustain itself.

CONgress, the MSM and Corporations can pee on my leg and tell me it's raining.... but I no longer believe them.

[Me.]

7. Ah, But Are Those Numbers Lower Than Last Month's?

Cause, after all, if they are, the economy may be on the mend

[HughBeaumont]

8. Higher.

August numbers were revised downward to 201,000.

The people running America are fiddling in their mansions while the rest of us are trapped under mountains of debt and no job prospects.

[doc03]

9. Jobs are always the last to recover after a recession as

the President has said on many occasions. The jobs eventually recovered in the 80's and in the 90's. When the economy turns around employers are cautious in rehiring that's just the way it is. The government doesn't create jobs! Like the Stimulus Package it can create some temporary work but not one single job. This mess was created over a period of many years you can't expect it to be turned around overnight.

[AllentownJake]

10. Bull Shit stop using 1930s economic models

If we were a manufacturing economy, I'd agree with that assessment as inventory eventually is drawn down and orders pick up.


Here what has changed since 1930, we are a consumer based economy where 70% of our GDP is created out of consumption. Less consumption equals less consumers.

Unemployment is a leading indicator in an economy that is based on consumption.

[doc03]

14. The jobs eventually recovered in the 1990's even

after Clinton pushed NAFTA down our throats. I agree the jobs are not good paying manufacturing jobs,
the fact is we are no longer a manufacturing economy. Americans have nobody to blame but themselves for that. The American people are greedy and materialistic. We talk the talk "everything is made in China" but the reason for that is over the years people went to the store and bought the cheaper product. As long as it wasn't the product they made they didn't care. In the steel industry where I (worked) we started downsizing and taking concessions over 30 years ago, long before many other industries and nobody gave a flying f---. The American consumer saw a cheaper product and bought it it didn't matter where the steel come from. Well the chickens have finally came home to roost for the auto industry. Of course they got a bailout with my tax money, we were told to sink or swim. They said we can import steel from China we don't need you guys.

[HughBeaumont]

13. Er . . . what happens when "overnight" becomes a decade?

http://journals.democraticunderground.com/HughBeaumont/94

The private sector has been under a giant overall hiring dry spell thanks to the disaster corporatists ALWAYS getting their way. With productivity increasing, free enterprise and the competition it brings having it's legs cut by existing giant corps and new technologies springing up everywhere but here because "Amurkin werkers just CAWST too much!", there just simply isn't enough new work to be had.

Corporations are going to have to bite some bitter pills if they ever expect to have business again. Lowering wages or eliminating jobs doesn't amount to a whole lot of spending on anything. That's not "Business 101", that's "Common Sense 101".

[doc03]

15. If you and me want manufacturing to come back in the

USA demand domestic products. I have read about the virtues of imported products on DU for years now we wonder why there are no jobs? Look in a mirror.

[truedelphi]

19. Jobs could have easily been helped along.

Obama's advisers on the stim bill could have and should have simply divided the 700 Billion
dollar + stim package among the total population of the USA. Then allotted that per capita figure times the population of each state. Then sent the money to each of the fifty states. This would have kept the state's whose deficits are now causing untold suffering as fire fighters, teachers, livrarians, police, project managers, santitation workers, etc are laid off to avoid the layoffs.

In the state of California, by my formula, the state would have recieved over 76 billion bucks. Enough to handle the 26 billion dollar budget deficit, and put 56 billion into a fund for the bullet trains that Ahnold is now stating he'd like to have happen during his tenure.

But no, Obama's people set the bill set up to
1) offer tax breaks to the rich (At lest thirty per cent went to that wondrous offering!)
2) go to shovel ready projects - which pretty much eliminates the idea of a 50 year old social worker from having a shot at a job. (Unless they are skilled with a jack hammer and in great physical shape.)

[RebelOne]

11. Add two more to that total.

Two of my co-workers were laid off this week. I'm in the publishing business and advertising sales are way down. And that's where our money comes from.

[doc03]

12. Everyone says this is the worse recession since the

1930's. Well the unemployment rate is not as bad as 1983, I think we are damn fortunate it isn't like the 30's. Jobs will come back eventually.

[AllentownJake]

16. They are fudging the numbers

You seem to buy into a lot of the propoganda

[doc03]

17. They always have, when people run out of unemployment

they aren't counted that's nothing new..

[doc03]

18. Since you are from Allentown you must have

witnessed the demise of the steel industry. You must remember what we have gone went through over the last 30 plus years and nobody cared. If a product made of foreign steel was cheaper Americans bought it. Nobody held a gun to our head and made us buy a Toyota or shop at Walmart. People had the attitude I don't make steel it doesn't affect me. Manufacturing is dead and gone for ever in this country. Like in my area steel and coal were king back in the 60's and people think it can be brought back, it is not going to happen.

[dysfunctional press]

20. "jobs will come back eventually"

really?

what jobs will those be?

and in what industries...?

and yes- those are serious questions.

we are no longer a manufacturing society, and since most are no longer able to use their homes as atms- we are no longer a consumer society either.

what's next?

[earth mom]

21. So they announced this on Friday, right? Gotta sweep those bad numbers under the carpet.

:grr: