new employment numbers are out

[idlewind]

Jobless Rate Climbs to 9.8 Percent in September - Political News - FOXNews.com

If you include those who have taken parttime work or quit looking the rate is 17%. One out of five people out of work. Change we can believe in?

 

[Lynnie]

Well, I don't blame this on Obama. I believe the unemployment figures now have more to do with several previous years' reaction to other economic situations.

FYI: heard on the news last week that the recession is over!! Suddenly, restaurants are packed in Buckhead!

 

[idlewind]

Well, I don't blame this on Obama. I believe the unemployment figures now have more to do with several previous years' reaction to other economic situations.

FYI: heard on the news last week that the recession is over!! Suddenly, restaurants are packed in Buckhead!

I blame Obama. I also blame Bush and the Congress, both R's and D's. Bush started the runnaway spending that was curbed in the 1990's and the Republican congress that had held Clinton's feet to the fire let him do it simply because he was a Republican and they wanted to have party unity. The people threw them out and gave the Democrats control of the congress and the spending worsened. Then Bush gives away 700 billion dollars and Obama, not to be bested gives away 800 billion.

They are all at fault and will continue to be until they end deficit spending and begin the painful task of paying down the debt.

 

[Lynnie]

I blame Obama. I also blame Bush and the Congress, both R's and D's. Bush started the runnaway spending that was curbed in the 1990's and the Republican congress that had held Clinton's feet to the fire let him do it simply because he was a Republican and they wanted to have party unity. The people threw them out and gave the Democrats control of the congress and the spending worsened. Then Bush gives away 700 billion dollars and Obama, not to be bested gives away 800 billion.

They are all at fault and will continue to be until they end deficit spending and begin the painful task of paying down the debt.

Every Administration inherits the previous Admin's benevolence and malevolence.

I think where we are right now can be academically and factually stated going back to the 1970's. Pres. Obama couldn't have caused this economy in his short tenure. However, I do not agree with throwing bad money after bad, either. ;-)