Job Growth at Halt in U.S.; Worst Showing in 11 Months

Oh, oh. Just when there were some good indicatos such as Ford having the best (year? quarter?) for 20 years now this. In Canada our internal economy is doing well, but our exports are collapsing - that's going to hurt too.

This is the sound of Obama losing next years' election to whoever else shows up.

I wait with bated breath for the Blame Bush crowd to surface.

Did you call me, FOG?

Yup, just wanted to make sure you I hate GWB guys hadn't been slacking off in these piss poor economic times.

But hey, as an aside, maybe we should be calling this event by it's real name.

A FEKIN DEPRESSION

Instead of gussying it up with terms like economic downturn, recession or minor market correction and for the record no president, white, black or black and white could have avoided this financial schmozzle.

Political leaders get WAY too much credit when things are going well, and WAY too much blame when they're going bad.

True dat.

Although they do have a tendency to blow their own horn when things are going well and blame their predecessors when things are going badly.

Just politics I guess but this whole economic mess started in the 60's and was allowed to perpetuate itself through successive governments of both political stripes before being laid at the door of the last two Presidents.

The accelerated permanent job losses that occurred from the late 1990's through to today are what's responsible for this. Those jobs are gone forever and aren't ever coming back. Having a bad recession on top of it just poured salt onto a gaping wound that wasn't ever going to be healed anyway. No President or Prime Minister anywhere is going to be able to solve this one. Despite all the ongoing lies from the campaign trail, especially the ones emanating from those neo-libertarian slugs in GOP, there is no magic wand anywhere that's going to fix this.

Want to know what the real cost of all that cheap Third World-made crap in WalMart was? Read up on the unemployment situation and you'll be looking right at it.

Because Bachmann will do so much better.

oh, but before 2008, it was all Bush's fault, right ?

Obama didn't make this recession/depression. What he's tried to do hasn't worked all that well, but how much worse would things have been without the stimulus? As Thanos wrote, the roots of this go back decades. I wish I could just say go ahead, put in one of the nutbar Republicon candidates (they're all nutbars) and see how much worse it can get, but unfortunately it will just drag us down with them.

oh, but before 2008, it was all Bush's fault, right ?

The worst of the permanent job losses and the worst of the Wall Street chicanery occurred on his watch so, yes, his administration's policies deserve most of the blame. Now put that ideological blanket over your cage and go back to sleep like the good TeaParty parrot you are. We promise not to wake you up until President Bachmann/Perry/Palin've decided that a combination of nuking Tehran and Damascus mixed with a 0% tax rate for the wealthy plus a pinch of shutting down every public school/park/fire department in the United States is the best way forward to solving the domestic jobs crisis.

What I can't figure out is how cutting social programmes will help keep a large mass of unemployed people happy!