Tag: unemployment
Chair yells at old man
Excellent questions all:
Mr. Eastwood, you called the failure to close the Guantanamo Bay penitentiary a broken promise. President Obama was prevented from closing Guantanamo by the Republican Congress, which refused to allocate the funds necessary to end it. Do you remember this this Washington Post headline, “House acts to block closing of Guantanamo”?
Mr. Eastwood you called “stupid” the idea of trying terrorists who attacked New York in a civilian courtroom in New York. But what would have better vindicated the strengths of America’s rule of law, the thing about the US most admired abroad? Mr. Eastwood, perhaps you spent so many years playing vigilantes who just blew people away (people who in the real world we would have needed to try to establish their guilt or innocence) that you want to run our judicial system as a kangaroo court.
You complained that there are 23 million unemployed Americans. But there are no measures by which W. created more jobs per month on average during his presidency than has Obama, and there is good reason to blame current massive unemployment on Bush’s policies of deregulating banks and other financial institutions, which caused the crash of 2008.
2012
For the fifth week in a row new unemployment insurance (UI) claims came in over 400,000. The number for last week was 434,000, bring the 4-week moving average to 436,750, the highest it has been since November.
Strikers and their families: Go Die in the Streets
one section buried deep within [H.R. 1135] adds a startling new requirement. The bill, if passed, would actually cut off all food stamp benefits to any family where one adult member is engaging in a strike against an employer
No need to talk about this kind of stuff at the national level. Shrill. Just let all those troublemakers and their families starve to death already. Christ, it’s their fault we’re in this mess to begin with. GOP to striking workers and their families: Go die in the streets.
The Republicans are joining the Central Bank of China in criticizing [Fed Chairman] Ben Bernanke. This is really distressing to me. […] [complaints about currency manipulation from Chinese central bankers] is like being called silly by the Three Stooges.
And then to have Republican leaders in Congress [agree is] bizarre. The Republicans are arguing that the Fed should not even be concerned about unemployment.
Barney Frank, letting other Democrats see how it’s done. Now say it every day for a few months. On your one millionth repetition, when you can’t stand to say it again: you will have reached somebody for the very first time.
The public’s real anxiety is about values, not economics: the gnawing sense that Americans have become debt-addicted and self-indulgent; the sense that government undermines individual responsibility; the observation that people who work hard get shafted while people who play influence games get the gravy.
[Victory] obscures defeat. Republicans managed to take a jobs bill, weaken it to an unemployment benefits and state and local relief bill, weaken that to an unemployment benefits bill, and then weaken that bill.
Ezra Klein, witnessing the evolution of the now likely to break GOP filibuster unemployment benefits extension. This, more than anything, characterizes why left-leaning independents and Democrats are forever exasperated by what is broadly (mis)characterized as the “Obama administration.” Triangulation TODAY! Triangulation TOMORROW! Triangulation FOREVER!!!! does not an electoral strategy make. Find something important. Refuse to compromise on it. If necessary, let it fail. Crucify the GOP with it for a week or two. Lather, rinse, repeat. This, apparently, is very hard to understand if you’re a DC Democrat.
UI issues
by Jordan Eizenga
…research by the San Francisco Federal Reserve Bank has found that the current link between high UI benefits and poor job search efforts is weak. Researchers found that unemployed workers who qualify for UI benefits have been unemployed for only 1.6 weeks longer than those who do not qualify for such benefits. This suggests that the persistently high level of unemployment is not so much a function of labor supply, but rather labor demand. In other words, workers are willing to work, but employers are not very interested in hiring them.
Yep, yep, yep, a thousand times: YEP. While it’s always convenient and even mildly masturbatory to blame the victim, the fact is people want to work. And, like the Easter Bunny and the Tooth Fairy, the Welfare Queen with Her Cadillac is was and always will have been a figment of Reagan and the right wing’s id-maginations.
Sorry, but it’s true.
Lemkin 