As if this week’s absolutely terrible jobs report wasn’t bad enough news, there’s a longer, more lingering negative to consider: The lagging pace of our so-called “recovery.”
Seriously, people … this “recovery” has got some serious “slows” when compared to bounce backs from prior economic downturns.
Just take a look at this chart from CalculatedRiskBlog.com …
(Click to enlarge)
As you can see, the depth of the current recession is much deeper than prior downturns … but just look at the lackluster stamina of the current employment rebound.
Get that recovery some Viagra, yo!
Also it’s worth noting that economic rebounds were also slower than usual in 1990 and 2001 – which we attribute to the ever-expanding government-industrial complex, which crowds out, over-taxes and and over-regulates the private sector a little more with each passing year.
Seriously … just look at how fast the economy rebounded in 1948, 1953, 1957, 1960, 1969, 1974, 1980 and 1981. And look at the upward trajectories following those downturns compared to the more recent ones.
Big government is killing this country, people … it’s as simple as that.
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72 comments
What’s DEPRESSING is that FITS is surprised that the Obama economy is inm the Crapper.
What made your IGNORANT @$$ think Obama had anything close to a plan to revive the US Economy???
I know you HATED Romney because he had an “R” by his name. But we knew (at least those of us w/ a brian knew) that Obama could-would do nothing BUT fail some more.
It’s Idiots, like FITS, trying to act as a media authority who have F*@ked so much up. If you’re STUPID, quit trying to tell er’body what to do…You have proven ton be worthless as a political analyst…but good at supporting failure…
I now have a drone armed with asshole tracking missiles. Be fucking afraid, be very fucking afraid.
What – me worry?
Yeah…whatever…but where are the JOBS…you F*#kin idiot????
If it was up your grit eating ass, you might have a clue.
I’m talking about Obama…why do you insist on talking about me???
So you think Obama is doing a good job????…Please don’t get around real people and say that…it makes you look like a complete Dumb@$$…which you no-doubt are..
I go to work everyday. Self employed.
Where’s Perry? Look, dork dick…blame your stupid GOP for having complete fools turning their show into a circus.
I’d so much rather Rick Perry be president. I look like a Genius supporting him, or ANY of the GOP candidates over the sorry idiot we have now.
You’re a F*#kin dumb@$$ to even try to deny that.
Perry is MUCH, MUCH more successful as a leader than the FAILED Obama, who NEVER did anything of value, before or after being elected…
You’re really ignorant if you believe Santorum, Perry, especially Bachmann can do a better job.
You’re Ignorant if you don’t realize that Obama is about as big a F&*# up as we could have…
Tell me you’re not rying to make excuses for that Dumb@$$…Please..
Oh, he’s a damn fuck up, don’t get me wrong…but he’s not damn cray cray.
What’s DEPRESSING is that FITS is surprised that the Obama economy is inm the Crapper.
What made your IGNORANT @$$ think Obama had anything close to a plan to revive the US Economy???
I know you HATED Romney because he had an “R” by his name. But we knew (at least those of us w/ a brian knew) that Obama could-would do nothing BUT fail some more.
It’s Idiots, like FITS, trying to act as a media authority who have F*@ked so much up. If you’re STUPID, quit trying to tell er’body what to do…You have proven ton be worthless as a political analyst…but good at supporting failure…
I now have a drone armed with asshole tracking missiles. Be fucking afraid, be very fucking afraid.
What – me worry?
Yeah…whatever…but where are the JOBS…you F*#kin idiot????
If it was up your grit eating ass, you might have a clue.
I’m talking about Obama…why do you insist on talking about me???
So you think Obama is doing a good job????…Please don’t get around real people and say that…it makes you look like a complete Dumb@$$…which you no-doubt are..
I go to work everyday. Self employed.
Where’s Perry? Look, dork dick…blame your stupid GOP for having complete fools turning their show into a circus.
I’d so much rather Rick Perry be president. I look like a Genius supporting him, or ANY of the GOP candidates over the sorry idiot we have now.
You’re a F*#kin dumb@$$ to even try to deny that.
Perry is MUCH, MUCH more successful as a leader than the FAILED Obama, who NEVER did anything of value, before or after being elected…
You’re really ignorant if you believe Santorum, Perry, especially Bachmann can do a better job.
You’re Ignorant if you don’t realize that Obama is about as big a F&*# up as we could have…
Tell me you’re not rying to make excuses for that Dumb@$$…Please..
Oh, he’s a damn fuck up, don’t get me wrong…but he’s not damn cray cray.
Obama inherited an economy on the cliff of a depression. Thank you, George W., for eight years of deficit spending and no adult controls at the CFTC, Fannie Mae, or the SEC.
And don’t forget the Dubya-inspired trillion dollar and totally unnecessary and inept adventure in Iraq.
…and we’re still hanging out there! Graham and China are loving every bit of it, too.
Wait, we bought peace, good will, and the love of the Iraqi people with that money. Well played, W!
You might be the biggest F*#kin Idiot on Planet Earth. I don’t even think the Dumbest of @$$#$ are still playing the ‘Blame Bush’ card…Obama got re-elected…so they don’t give a $#!* if you blame Bush or not…that F*#kin dolt can still play gold all the time and live like a King…that’s all that matters…as long as the imbeciles that elected him are still All-In…
Obama inherited an economy on the cliff of a depression. Thank you, George W., for eight years of deficit spending and no adult controls at the CFTC, Fannie Mae, or the SEC.
And don’t forget the Dubya-inspired trillion dollar and totally unnecessary and inept adventure in Iraq.
…and we’re still hanging out there! Graham and China are loving every bit of it, too.
Wait, we bought peace, good will, and the love of the Iraqi people with that money. Well played, W!
You might be the biggest F*#kin Idiot on Planet Earth. I don’t even think the Dumbest of @$$#$ are still playing the ‘Blame Bush’ card…Obama got re-elected…so they don’t give a $#!* if you blame Bush or not…that F*#kin dolt can still play gold all the time and live like a King…that’s all that matters…as long as the imbeciles that elected him are still All-In…
With O’Bammy in the whitehouse and penis porcupine Haley in the Governor’s mansion, we are totally screwed!!!!!!!!!
With O’Bammy in the whitehouse and penis porcupine Haley in the Governor’s mansion, we are totally screwed!!!!!!!!!
Ah dammit come on Fits!Tell us how much we need to cut millionaires taxes so all our troubles can melt away.
Raisin’ ain’t done $#!* but make Obama look like an even BIGGER failure…
They ought to do a tax audit on you.C’mon “bo” how much do you cheat each year?
Typical liberal. Let someone protest the ignorance, and you want to persecute them. Hitler lives…and you prove that…
Everytime some Right Wing creep gets called on their bullshit, they invoke,Joe Stalin,Vlad Lenin or Herr Hitler.So welcome back ,Adolf,how you been?
You don’t offer anything, but Stupidity…To defend Obama, makes you look like a D@*n Fool…
I have never mentioned Obama,much less “defended” him as anyone who has read this thread can see.i do confess to a “stupid” act,engaging with not only a Right Wing creep ,but a pathological liar like you. Lesson learned.
Ah dammit come on Fits!Tell us how much we need to cut millionaires taxes so all our troubles can melt away.
Raisin’ ain’t done $#!* but make Obama look like an even BIGGER failure…
They ought to do a tax audit on you.C’mon “bo” how much do you cheat each year?
Typical liberal. Let someone protest the ignorance, and you want to persecute them. Hitler lives…and you prove that…
Everytime some Right Wing creep gets called on their bullshit, they invoke,Joe Stalin,Vlad Lenin or Herr Hitler.So welcome back ,Adolf,how you been?
You don’t offer anything, but Stupidity…To defend Obama, makes you look like a D@*n Fool…
I have never mentioned Obama,much less “defended” him as anyone who has read this thread can see.i do confess to a “stupid” act,engaging with not only a Right Wing creep ,but a pathological liar like you. Lesson learned.
There are two things about potus. The first is that everything he does scares me, and the second is that I am concerned about what he will do next……
There are two things about potus. The first is that everything he does scares me, and the second is that I am concerned about what he will do next……
As you can see, the depth of the current recession is much deeper than prior downturns …
No shit Sherlock!
We did not go through a cyclical recession, dumbass. We had a financial meltdown very similair to the Great Depression. It was caused the same way too, a financial system run amok with the wolf guarding the henhouse.
As you can see, the depth of the current recession is much deeper than prior downturns …
No shit Sherlock!
We did not go through a cyclical recession, dumbass. We had a financial meltdown very similair to the Great Depression. It was caused the same way too, a financial system run amok with the wolf guarding the henhouse.
Our firm sells construction material….we’re having best year we’ve had in 4 years. Guess we’re missing the gloom…
Our firm sells construction material….we’re having best year we’ve had in 4 years. Guess we’re missing the gloom…
In other news, South Carolina remains one of the top 3 corrupt states in the nation: The City of Columbia is a fiasco, Nikki Haley, Jim Clyburn, Bill Nettles and Jean Toal. There is a war among the counties Lexington, Anderson, Chesterfield, Horry and Richland to be the most corrupt county in the nation. Have a nice day, peeps.
Hey! Don’t forget our universities! Rutgers ain’t got nutin on us!!
In other news, South Carolina remains one of the top 3 corrupt states in the nation: The City of Columbia is a fiasco, Nikki Haley, Jim Clyburn, Bill Nettles and Jean Toal. There is a war among the counties Lexington, Anderson, Chesterfield, Horry and Richland to be the most corrupt county in the nation. Have a nice day, peeps.
Hey! Don’t forget our universities! Rutgers ain’t got nutin on us!!
Unbridled Capitalism is killing this country.Who was president when you were born?
Buy a vowel.
http://www.youtube.com/watch?v=FEypM_BRe5Y
Unbridled Capitalism is killing this country.Who was president when you were born?
Buy a vowel.
http://www.youtube.com/watch?v=FEypM_BRe5Y
To blame big government exclusively is disingenuous and simplistic. I was listening to a segment on NPR about technological innovation and the growth of the robot industry. The expert cited the good news that, in many cases, production was moving away from China and back to the USA. The bad news, he added, was that these low skill assembly jobs were being performed by robots, not humans. They are cheap to purchase and can work around the clock. No benefits either…
The expert guest also pointed out that many high skill jobs were now being performed by machines. The fact is that we are entering an age where there will be a permanent and growing unemployable underclass. Government must intervene and provide some semblance of a social safety net…either that or face the wrath of a mob more inclined towards the model of the French Revolution rather than the American Revolution.
To blame big government exclusively is disingenuous and simplistic. I was listening to a segment on NPR about technological innovation and the growth of the robot industry. The expert cited the good news that, in many cases, production was moving away from China and back to the USA. The bad news, he added, was that these low skill assembly jobs were being performed by robots, not humans. They are cheap to purchase and can work around the clock. No benefits either…
The expert guest also pointed out that many high skill jobs were now being performed by machines. The fact is that we are entering an age where there will be a permanent and growing unemployable underclass. Government must intervene and provide some semblance of a social safety net…either that or face the wrath of a mob more inclined towards the model of the French Revolution rather than the American Revolution.
What’s up with the disappearing comments?
What’s up with the disappearing comments?
This commentary represents what a TOTAL Dumb@$$ FITS is.
As long as this Brain-Dead idiot Bashes the GOP, these F*#kin Dolts lavish him w/ praise and adoration…
But just as soon as FITS visits REALITY, even briefly, they Eat his ignorant @$$ up.
A lesson in Liberalism FITS: As long as you spoon-feed them the myths, fables and lies their masters ladle to them, they are like Docile little pets…
But branch out w/ a little truth, that revels the failure of their god Obama…and they become rabid and uncomfortable. FITS: You, like all liberalism, are a slave to their Stupidity…
This commentary represents what a TOTAL Dumb@$$ FITS is.
As long as this Brain-Dead idiot Bashes the GOP, these F*#kin Dolts lavish him w/ praise and adoration…
But just as soon as FITS visits REALITY, even briefly, they Eat his ignorant @$$ up.
A lesson in Liberalism FITS: As long as you spoon-feed them the myths, fables and lies their masters ladle to them, they are like Docile little pets…
But branch out w/ a little truth, that revels the failure of their god Obama…and they become rabid and uncomfortable. FITS: You, like all liberalism, are a slave to their Stupidity…
The solution is simple:
1. Put a stake in the heart of the God-awful federal tax system
2. Replace it with a combination national sales tax of 5% and a flat tax of 15%. No deductions, NADA
The only exemption would be for the first $500 of interest,capital gains, etc. to be tax exempt
Bring back Defense/”War” bonds for the neo-cons & “chickenhawks” as a measure of how popular another “frecas” really is.
The solution is simple:
1. Put a stake in the heart of the God-awful federal tax system
2. Replace it with a combination national sales tax of 5% and a flat tax of 15%. No deductions, NADA
The only exemption would be for the first $500 of interest,capital gains, etc. to be tax exempt
Bring back Defense/”War” bonds for the neo-cons & “chickenhawks” as a measure of how popular another “frecas” really is.
Hey.
Its a different world these days
The economic “success” models of the past very well may not be the best way to solve the problems of the present and future.
And just to remind everyone:
Wednesday is “Soylent Green” day!!
Hey.
Its a different world these days
The economic “success” models of the past very well may not be the best way to solve the problems of the present and future.
And just to remind everyone:
Wednesday is “Soylent Green” day!!