Who's drinking the "everything is fine now" Koolaid?

redrumloa

redrumloa

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TV tells us that everything is fine now and companies are hiring at a frenzied pace.
 
redrumloa said:
TV tells us that everything is fine now and companies are hiring at a frenzied pace.
Click to expand...
Come on Red. There's never been a better time to be a low paid temp!!
 
Nearly 1 million South Floridians need food stamps to get by
http://www.sun-sentinel.com/news/local/ ... 2139.story

Nearly 1 million South Floridians need food stamps to get by — an increase of almost 200,000 in the last year alone.
That jump is more than the entire population of Fort Lauderdale.
"It's been a steady increase occurring every month for the last three, four years," said Florida Department of Children & Families spokesman Joe Follick. "It's obviously dramatic."
Click to expand...

But TV just told us "everything is fine now"???
 
redrumloa said:
But TV just told us "everything is fine now"???
Click to expand...

The recession IS over by the only metric that counts. Business profits are rising. If you think that the "people" should be taking a share in this recovery than you are a socialist or worse. Either the economy is for the benefit of the people or the economy is for the benefit of the owners of capital. If you say "people" then you are red, red, red.

You want weaker unions and unfettered business so stop complaining when you get what you want.
 
redrumloa said:
TV tells us that everything is fine now and companies are hiring at a frenzied pace.
Click to expand...
Fine? Improving yes.. Not fine.

Christmas 2010 sales outstripped Christmas 2008 or 2009. It's a sign that people are doing better or have more positive expectations. Automobile sales are going strong, again a positive. Trucks sales aren't as good, so clearly the construction trade isn't restarted yet.

Looking from early 2001 to early 2009 (Bush era) during this time roughly 3 million jobs were created. About 85% less jobs created than the previous 8 year administration. And slightly better than Pappy Bush did in 4. The hard part is this didn't keep up with the rate of growth. Obama inherited a recession and in 2 years has created 1.1 million jobs. Most of this growth was in the last 6 months. If this can keep going at the present pace that'll be nearly twice the job creation (about 5.5 million) in half the time (4 years).

Summary not bad but we have LOTS more room to make up.
 
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