Until all those who seek jobs will be hired, at the current rate of job creation.
Of course 250K is better than nothing, but labor force participation remains below 60%, and that’s horrible.
Gorilla says, “We have nothing to cheer but cheer itself!”
Posts Tagged ‘unemployment’
Only 8.33 Years To Go!
Friday, February 3rd, 2012Jobs Panel: Anything But Jobs
Tuesday, January 17th, 2012Sure, it can’t be done, because of (take your pick) political gridlock, deficits, pointless wars, etc…
But it would be nice just once to have yet another joke commission on jobs say: “Hey, we need to hire more people! If the private sector can’t or won’t hire enough people, the government can!”
Gorilla says: “What’s depressing about this depression is the total lack of enthusiasm for doing anything to address actual problems!”
Early Non-Issues of 2012
Sunday, January 8th, 2012Gorilla returns to the blog with a few insights from the outer limits on issues that won’t matter at all in 2012:
The Know Nothing Party’s Presidential and Vice Presidential Nominees: Whoever they are, they will lose the general election.
The US defense budget: Could easily be cut by 30-50%, but it’s a middle class jobs program, so it will remain, like ag subsidies, a symbol of what politicians will never touch in any serious way.
The Arab League: No, they won’t solve Syria, or any other Middle Eastern problem, because they never have.
Middle East peace: See The Arab League.
North Korea: Another dictator, another year of irrelevance.
Iranian noisemaking: They’re more concerned with consolidating their influence in Baghdad and Kabul. Cutting off the country’s main source of revenue is not on the agenda of the craziest of mullahs.
Unemployment: the great non-issue of 2008-12 continues to be ignored.
Russia: The KGB will continue running the place until Russians decide to be more like Syrians, and Russians won’t.
Gorilla says: “Pick your own issue, pretend it’s important, do nothing to address it, and you’ll be a viable non-issue expert in no time!”
Shorter Payroll Tax Debacle
Tuesday, December 20th, 2011Know Nothings don’t care about anyone but the rich, so no surprise, while everyone else in power unsurprisingly doesn’t give a damn about the unemployed. Happy Holidays, peasants!!!
Easy Breezy Math
Friday, November 4th, 2011The Know Nothing Party’s only important constituency: the richest 340,000 Americans.
Number of currently unemployed, discouraged, and forced part-time American workers: 25 million.
Number of nonfarm payroll jobs created last month: 80,000.
Number of years until all those who want to work can: 26.
Number of political and Fed leaders who actually give a damn: 0.
Gorilla says: “Numbers, unlike leaders, don’t lie!”
Shorter Fed Statement
Wednesday, November 2nd, 2011…
Gorilla says: “Yep, it’s the big nothing as usual from a Fed that thinks 9% unemployment is just fine!”
Thudding Along
Thursday, October 27th, 2011So long as unemployment claims remain above 400K/week, and economic growth remains not very much above population growth, the US is looking at a decade or more of stagnation.
Gorilla says: “Add in the political paralysis, and you get depressed when considering the lesser depression!”
Fact Of The Day
Thursday, October 20th, 2011The number of new unemployment claims has exceeded the most optimistic projections for the President’s woefully inadequate jobs program since said program was announced.
Gorilla says: “Empty posturing doesn’t hire, and at this rate it won’t be reelected!”
Still Terrible, Still Unaddressed
Thursday, October 13th, 2011Unemployment claims: remain above 400K!
And there’s nothing at all being done to address the problem.
The President’s jobs programs is woefully inadequate.
The housing depression and consumer deleveraging remains unaddressed.
The Fed’s not dropping money out of helicopters, unless it’s over heliports belonging to the banks.
The Know Nothing Party remains perfectly content, as they have in the past, to destroy the US economy if that’s the path back in power.
Gorilla says: “Our country is a depressing failure!”
Another Big And Phony Distraction
Tuesday, October 11th, 2011Iran terror plots in America!
Killing the Saudi Ambassador to the US? Who the hell is he? Who cares? Wake me when they actually blow up the oil fields, that’s all the Middle East is about!
Blowing up buildings in DC? That’s been done, too, and tonight’s “man hit by Metro in Rosslyn, chaos ensues” shows just how little our Homeland Security dollars have purchased.
What are the real distractions being buried here?
1) The Iraqi and Iranian governments’ support for the Syrian butcher.
2) The Saudi government’s support for the butcher in Bahrain.
3) The Justice Department’s battle with the semi-criminal Issa over which US gun dealer sales we’re subsidizing on behalf of Mexican drug cartels.
4) The likelihood that the woeful jobs programs won’t get through either the Senate or the House, no matter how you slice it.
5) The Occupy Wall Street crowd, who make no sense except when they point out how even less sense our leaders make.
6) The Eurozone kick the can, which is still alive and barely kickin’ down Bratislava way.
Gorilla says: “Take your pick, add a few more, what’s on offer is absolutely nothing but contempt and cowardice by and for one and all!”
