ButAsForMe 

unemployment

S & P Downgrade: U.S. Wake-Up Call!

August 8, 2011

Whether or not you view the downgrade by Standard & Poor’s as valid or not, the way that the U.S. does business–and governs, cannot continue. Entitlements are not the sole culprit here; if they were then other countries that have a more socialistic bent to the way they govern such as the  United Kingdom Commonwealth, [...]

Tagged as: energy policy, Entitlements, Federal Reserv, Leadership Failure, list of S&P AAA nations, Obama, Recession of 1937-38, Recovery, Reformed Liberal, S&P Downgrade, socialism, stimulus, unemployment

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There Are None So Blind As Those…

April 2, 2011

A new Wall Street record  is expected, more jobs have been created, the recovery is slow but steady…are these signs that the worse is over, or is it mass delusion created by media hype?  Here’s a cautionary warning from Paul Farrell of MarketWatch.  Remember, wealth can buy many things, but it cannot totally insulate! Read the full article [...]

Tagged as: 2nd American Revolution, Case for Taxing the Wealthy, Food Prices, Inflation, MarketWatch, Paul B. Farrel, unemployment, Wealthy In America

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The Donald Opines On China, The Economy, Outsourcing and Charlie Sheen (Video Part 1 & 2)

March 28, 2011

David Letterman interviewed Donald Trump on Late Night this past month and viewers got a good look at a possible GOP Candidate for President.  Click Here To See Part 1 of Interview→         ←Click  HereTo See Part 2 of Interview  

Tagged as: 2012 Republican Candidates for President, Charlie Sheen, David Letterman, Donald Trump, Late Night, NAFTA, outsourcing, unemployment

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Unemployment Drops To 9.1% But Still A Mixed Bag

March 3, 2011

Gains in February showed job growth mainly in service producing sectors by middle and small businessess as reported by Ruth Mantell for MarketWatch.  Of the 217,000 jobs gained only 15,000 were in goods produced and  large corporations only added 13,000 jobs of  this gain.  At the same time,  the number of jobs cut rose to 51,000 the largest increase since March [...]

Tagged as: furloughs & govertment layoffs, Health and Human Services, manufacturing, MarketWatch, recent jobs report, service jobs, small & middle businesses hire, unemployment

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DITTO! Independents Have Problems With President’s 2011 Budget (VIDEO)

February 17, 2011

U.S. Senator Bernie Sanders (I-Vt) went on the PBS News Hour yesterday to voice  concerns about President Obama’s 2011 Budget.  The type and timing of the proposed budget cuts are worrisome during this time of high unemployment and especially given recent statistics of the middle class slipping into poverty quarter-by-fiscal quarter. Click Photo Here To View [...]

Tagged as: 2011 Budget, Cayman Island Tax Haven, Community Action Committees, Dealing with the Deficit, deficit, Democrats, Extension of tax cuts, Exxon, Falling Into Poverty, Fiscal Reduction Committee, Heating Grants, Independents, Middle America, Middle Class, Military, Pell Grants, President Obama's 2011 Budget, Republicans Debt Reduction, Social Security, U.S. Budget Cuts, Ul.S. Debt, unemployment

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A Fox In The Chicken Coop? (VIDEO)

January 21, 2011

600 more jobs lost in Duluth Minnesota during December 2010 than in December 2009. A couple sits on a bus bench in Minneapolis Minnesota with a sign asking for help. They lost their jobs, their home, everything and now they are homeless. Isolated instances? No, this is occurring in every state despite the ‘good news [...]

Tagged as: December jobs report, economic globalization, GE, GE CEO, Immelt, Jeffrey Immelt, job creation, John Makin, lobbying by big business, Minnesota, NBC, Obama and business, outsourcing, PBS News Hour, Robert Reich, unemployment, White House Council on Jobs and Competitiveness

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Increased Consumer Confidence or Hype?

November 28, 2010

The mainstream media is reporting that consumer confidence has increased based upon the sales on Black Friday.  However, although sales are up it is rather naive to suggest that this marks an increase in consumer confidence. Thanksgiving was first instituted by Lincoln and finalized as an official holiday by FDR in 1941.  The business community [...]

Tagged as: Black Friday, Black Friday hype, Consumer, consumer confidence, Economy, Foreclosures, Inflation, retailers, Taxes, unemployment

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Less Is Just Less… (VIDEO)

October 17, 2010

Suze Orman went on NBC Nightly News yesterday and gave her outlook of the new reality for the middle class. Folks, it doesn’t look good…

Tagged as: Future of Retirement, Jobs Not Returning U.S., Middle Class Diminishing, Middle Income Crisis, New Reality In U.S., Obama's New Reality for U.S., Older Employees, Owning A Home Out Of Reach, Renting Wave Of The Future, Suze Orman, unemployment, Video Suze Orman

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First $28,000 Earned Income FREE!

August 9, 2010

Former Secretary of Labor under President Clinton, Robert Reich, stated on Friday, that current unemployment rates merit enacting new measures  including a jobs program similar to the 1930′s WPA for the long term unemployed who may have given up looking for a job out of despair, and an initial tax free holiday for the first [...]

Tagged as: Employment, Middle Class Stimulus Package, Reich speaks out for $28000 FREE, Robert Reich Job Growth, Robert Reich WPA, Uncertainty In Government Leads To Economic Woes, unemployment

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Breaking News: Stocks Slide As Bernanke Tells Congress Economic Outlook Unclear

July 21, 2010

Federal Reserve Chairman Ben S. Bernanke, with continued worries about unemployment, appeared before Congress today indicating his apprehension about longterm deficits. According to Dan Greenhaus, chief cconomic strategist at Miller Tabak & Co., the Fed Chairman’s statements show concern for “draining liquidity rather than providing more stimulus“.  Bernanke emphasized that increasing national savings was an imperative and forecast real problems [...]

Tagged as: Bernanke, Economy, Federal Reserve, Market Slides, unemployment, Walll Street

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Possible Double Dip Housing Recession If Unemployment Remains High

July 20, 2010

More bad news in the housing market.  Spring and summer are usually top marketing months for home sales, but the slide still continues to levels as low as 8 months ago.  Despite record low mortgage interest rates, according to Market Watch, unsold new homes are at  40 year lows.  Hard hit are areas like Nantucket, [...]

Tagged as: Mortgages, New Home Sales, Real Estate Sales June 2010, unemployment, Unsold Houses

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