The no-jobs economy: Why isn't the US recovery stronger?
Failure to reach at least a modest debt deal could signal to investors that the US government is in a state of chaos and uncertainty. That could make the nation's jobs problem still worse.
The US economy generated only 18,000 new jobs in June, so few that the Labor Department on Friday described the nation's job count as "essentially unchanged."
Why is the job market so weak? Is the economy at risk of a new recession?
Those ...
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Can’t review it because of my strong informed OPINION as follows: Everything in this column is red herring smoke. Gullible citizenry. Advantage Republicans (R). BUSINESS SACRED COW is bloodletting NATION as CASH COW. Read my lips, it’s the boardrooms, stupid. Until Obama is overthrown, “BUSINESS” will not hire. PURE economic warfare in accordance with (R) plot-tanks.Government can do NOTHING about HIRING except gov. sector. (R) hypocritically oppose such (none volunteer to leave “big government”). BB (Big Business is Big Brother) wants subsidies/incentives. Promise hires/lie. Gov. provides BB requests. (R) hate bailouts? (laughing on way to banks with the cash). Cash to bank/reserve until execs withdraw compensation. No “cost functions” (remember them?) in BB, except unlimited executive compensation. (R)supply side economics: cut supply, fire workers, raise price, obscene profits, people starve. Consumer income down. Consumption down. Fire more workers. Less supply. Quadruple prices. Repeat ad infinitum. (R) hate price controls love price hikes to support supply side choking; love business subsidies, hate helping poor; (R) inherit bootstraps, tell poor “get your own bootstraps “. Kick them while down.(R)FIGHT REGULATION! SUPPORT ENRON, PONZIs, WARS OF CHOICE, PROFITEERING FRAUD, FINANCIAL COLLAPSE, WALL STREET CRIMINALS (oppose reform), HOUSING FRAUD, STOLEN PENSIONS, BANKRUPTCY SCAMS, BANKING FRAUD, OFFSHORE SCAMS (Now offshore tax holiday (R) will give it). Jeremy Rifkin’s 1995 book “The End of Work” didn’t envision worst nightmare …WALL STREET CORRUPTION powerful (R) enablers. Turn out the lights!