The Great Jobs Depression Worsens and the Choice Ahead Grows Starker

[Panaconda]

The Great Jobs Depression Worsens, and the Choice Ahead Grows Starker

by Robert Reich

The Great Jobs Depression continues to worsen.

The Labor Department reports this morning that companies created ony 67,000 new jobs in August. That's down from the 107,000 they created in July. And because the government laid off temporary Census workers, the economy as a whole lost 54,000 jobs.

To put this into perspective, we need 125,000 net new jobs a month just to keep up with the growth of the population and the potential workforce. Think of it this way. The number of Americans willing and able to work but who cannot find a job hasn't stopped growing since the start of 2008. All told, about 22 million Americans are now jobless. Add in those who are working part-time who'd rather be working full time, and we're up to 25 million.

...

If there was ever a time for bold government action it is precisely now. Obama should be storming the country, demanding the largest responses to the jobs emergency in history. He and the Dems should be giving Republicans hell for their indifference to all this.

Instead, Obama is all over the map -- a mosque controversy, an Israeli-Palestinian peace talk (that may take years to complete if ever), a symbolic withdrawal from Iraq, and lots of little tax-cutting ideas.

...

http://robertreich.org/post/1058622195/the-great-jobs-depression-worsens-and-the-choice-ahead

[TBF]

1. There's a bank in Afghanistan to bail out - can't be worrying about jobs here. nt

[DJ13]

2. Obama should be storming the country... Instead, Obama is all over the map

Its almost as if the Democratic party wants to lose in November.

[neverforget]

9. There's no vision of what Democrats stand for. We know what Republicans

stand for: war/tax cuts/deregulation/more war/hate and anti-anything Obama. Where's the compare/contrast with the Republicans? They want to cut Social Security and Medicare so where are the Democratic adds stating this? It boggles the mind how passive the Democratic Party is this year. It's frustrating.

[ThomWV]

3. K&R

[L0oniX]

4. Oh silly. The jobs will come back after enough kids and people die of starvation...

and living in the streets without health care. Please die now so we can have the jobs you leave behind.

[griffi94]

5. just think of all the openings

in the exciting corpse removal field.

[L0oniX]

6. Can they out source grave diggers?

[leeroysphitz]

7. Yeah, I hear that the Soylent Corporation is hiring workers for it's new "sanitation facility"

[Bigmack]

8. I'd even eat Soylent Green...if...

they could assure me no Republicans were used in the preparation.

Those fucking things are toxic!

Give me a nice Soylent burger made from Midwest Independents.... mmmmm.... that's good eating!