"Zero Private-Sector Jobs Created In Past 11 Years

Comment #13

konane — Sat, 30 Jan 2010 21:17:30 GMT

Thanks Truecritic! Carter before Reagan and everyone after Reagan hopped on the globalist train and left us behind to twist in the wind. We're looking tattered as a Tibetan prayer flag.

Comment #12

truecritic — Sat, 30 Jan 2010 14:56:22 GMT

Hope you see this... You have twisted what I said or maybe you just read my statement incorrectly? I did blame Clinton. Also it is a fact that Bush had the longest chance to create new jobs and wasn't able to. And I didn't leave Obama out of it either - I simply said he has more time left. I also said I wasn't holding my breath for Obama to create new jobs. If you can't see that my statements are factual rather than "pulling an Obama" then I don't know what it would take to convince you... [ More ]

Comment #11

konane — Sat, 30 Jan 2010 14:33:17 GMT

It's all been orchestrated by globalists bent on breaking the back of the last representation of freedom and self determination on the planet .... which is why we all need to wake up pay attention to the blivits Obama is selling us as 'economic recovery.' Only thing Obama is selling is hero worship so we won't notice how his administration is in process of destroying this nation. Only difference between now and the Great Depression is the soup lines now are food stamps .... and... [ More ]

Comment #10

konane — Sat, 30 Jan 2010 14:20:48 GMT

Comment #9

Todd — Sat, 30 Jan 2010 11:43:13 GMT

What broke the economy, and his biggest mistake, was all the *spending*. That includes the primary reason for the current economic woes: massive mortgage lending to people who could not afford to pay the loans. When those people started defaulting on the loans, the economy could not absorb the massive weight of bad debt, and the rest is history. The spending was atr fault, as was the Democrat-controlled congress, which used Freddie Mac and Fannie Mae to become their personal... [ More ]

Comment #8

truecritic — Sat, 30 Jan 2010 07:01:12 GMT

This goes back to 1999, reddog, then why not be honest? Part of the blame has to go to Bill Clinton and the BULK of the blame has to go to George W. Bush. Obama can still redeem himself (not that I think he will, but at least he is still in office).

Comment #7

konane — Sat, 30 Jan 2010 02:24:01 GMT

Warnings were out there before the election for anyone wishing to inform themselves.

Comment #6

reddog — Sat, 30 Jan 2010 02:00:51 GMT

Boy, I am really loving this, "I told you so" cliche!! LMAO

Comment #5

reddog — Sat, 30 Jan 2010 01:54:34 GMT

What happened to all the jobs Obama was going to create with all this hard working, we pay forever for, stimulas money? OHHH, that's right,,,,another B.S;. lie that he, told that his voters, with stickers stuck to their cars that are hard to get off, I may add, which was a lie.

Comment #4

konane — Sat, 30 Jan 2010 00:48:22 GMT

Comment #3

jarasan — Fri, 29 Jan 2010 21:57:11 GMT

Thanks Konane thanks Jap! I think I may delve into robot repair and calibration! I love that Discovery show How do they do that?

Comment #2

konane — Fri, 29 Jan 2010 19:43:32 GMT

Thanks JAP! Highly interesting analysis!

Comment #1

JAP69 — Fri, 29 Jan 2010 18:46:12 GMT

I can see two easons for no increase in private sector jobs. 1) Out sourcing 2) Robotics I can see this possible scenario that the gov't is going to tap into for taxation. With robotics replacing manpower in production the feds and states will impose a tax on each robotic that has replaced manpower. Calculate the manpower saved in production time and tax accordingly. That could be a small piece of equiptment to a large one. Whatever has replaced the living work force.<br... [ More ]

Original Blog Entry: "Zero Private-Sector Jobs Created In Past 11 Years

konane — Fri, 29 Jan 2010 18:35:01 GMT

Zero Private-Sector Jobs Created In Past 11 Years

By Jed Graham

Wed., Jan. 27, '10 1:21 PM ET

Source Investors.com

I t s been pretty widely discussed that the past decade was a lost one for job creation. But focusing on private payrolls alone would also wipe out nearly all of the employment gains from 1999, among the better years on record.

Next Friday s employment report comes with an annual benchmark revision that the Bureau of Labor Statistics estimated would erase 855,000 private jobs (and add 31,000 government jobs).

Subtract that from the seasonally adjusted December payroll number of 108.44 million and that would leave just 107.59 million private payroll jobs. That s the least since January 1999, when there were 107.40 million. ...........

http://blogs.investors.com/capitalhill/index.php/home/35-politics/1250-zero-private-sector-jobs-created-in-past-11-years

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