The Economic Policy Institute
The private sector has been adding jobs -- not enough, but some -- since early in 2010.
The public sector -- the government -- has been laying people off. You can see the pattern clearly in the chart above, which stops before today's report. Today we saw more of the same, with the private sector adding 154,000 jobs, and government and school layoffs washing out nearly a third of that gain.
Steve Benen notes that regardless of what Republicans leaders say about today's news, this is exactly what they want to see happen. "Under the GOP economic model, the public sector is supposed to lose jobs, and as part of the party's austerity agenda, this is a problem that must get worse on purpose," he writes.
Over at Patchwork Nation, Dante Chinni tracks the effects of the spending cuts included in the deal to save America from defaulting on its debt. He sees trouble ahead especially for small towns and rural areas where government jobs are a significant share of the economy. "It's tough in rural America," Dick Anderson, a mayor in Lincoln County, Oregon, tells him. "There aren't a lot of choices when an industry goes bad."
Leave a Comment:
If all elected officials and Public Employees had taken the 30% pay reduction in the first place. Cut the saleries and benefits for life on the elected officials that no longer serve. We would not have to lay off any Public Sector positions. No one is willing to take the cut and roll the dice in hopes of keeping their job.
The fact that the unions in Wisconsin immediately signaled that they would be willing to take pay cuts and furloughs and other cuts in order to save jobs (while still wanting their collective bargaining rights), immediately blows your entire premise apart about public employees.
If all elected officials and Public Employees had taken the 30% pay reduction in the first place.
do you really thing that a public worker make so much that a 30% cut would not be TOTAL devastation to fellow Americans. so how many of your Marine friends want they pay cut 30%. Semper Fidelis
just asking.
go Army
No one wants to admit that their own retirement income is undeserved, too fat or breaking the bank...especially not all those who feeding off their spouses retirement benefits. For nearly ever teacher/fireman/policeman or congressman, there is a spouse who is also going to the doctor at the tax payer's cost.
I support public employees, public schools, but I find it find it difficult to listent
Republicans who want to make fun of unions, Medicaid and food stamps but are using their spouses insurance for everything from ingrown toenails to
cardio stents. Everyone needs to really, really look in the mirror and figure out how they got educated, cared for, who came the last time they dialed 911.
We are in this mess in a very interconnected way.
I've worked my entire adult life and did belong to a union. If I can't cash my
social security doesn't arrive next month, I will drive to my Congressman's office and deliver a letter that asks if he plans to get paid. I'll send a copy to
Bachman, Cantor, Boehner and Mcconnell.. They are leading the charge on cutting gov't spending, but they won't be foregoing their paychecks, subsidy checks, medical care, limos, media staff, etc.
The Koch brothers are the ones who need a salary cut, along with America's Ceo's
Leave working people alone they are not the problem. The greedy Wall Street Fat Cats made this mess and they are still Fat. Time for the rich to pay.
Anyone from TRMS at the ALEC convention/protest in New Orleans???
VIDEO: Security Guards At American Legislative Exchange Council Conference Physically Attack ThinkProgress Reporters
Lee Fang
Scott Keys
I think it's time that those journalists who are not on the payroll of the corporate machine start thinking about going under cover. Stop trying to get consent to an interview or access to a meeting openly - it's not going to happen.
Time to start using the back office staffers - people that won't be recognized. Provide them with fake ID's if necessary (if high school kids can get them - you can), and equip them with hidden cameras and mics (those tiny ones that can look like a button or lapel pin, etc.), then send them into meetings like this as if they are a sympathizer and let the recording begin.
You could even set up a "shell" publication (blog, newsletter, etc.) that appears to be solidly right-wing to provide your undercover agents with some credible and *acceptable* credentials for interviews, etc. - with all the information gathered filtered directly to the real, progressive publication instead.
In other words, it's time to play their game - but be better at it!!
Maureen, while I really understand the impetus behind your point, sadly members of the so-called mainstream media are encumbered with things like journalistic ethics and integrity that get in the way of doing things like that. How inconvenient.
Scot...That is the ONLY news bit anywhere. What's up with that? Was the protest march a bust?
Its tough to watch the news any more, because unless its a natural disaster or a war with great video, what we get mostly is he said, he said. If that is going to be what is on the news, responsible journalists have a duty to at least investigate the validity of the words. Although it might be more helpful to find out if the words match actions.
What's Jeffersonian Democracy without headstomping jackbooted thugs? Was that not what the Founding Fathers championed for all along?
Why does MSNBC use a distorted graph like this? I know they didn't create it (Economic Policy Inst did according to the label) but this is just a mess.
Private sector jobs are up by less than 1% according to the data shown, yet the graph makes it look like it has almost doubled; conversely the public jobs are down about a bit more than 1% (as I eyeball it), yet the graph implies a drop of 80%.
Distorted graphs just make you look cheesy, and that's sad because the point of job creation and destruction in the U.S. is important.
Edward Tufte would be very disappointed in you right now.
I was thinking the same thing, I have seen a few of these on the MSNBC.
This chart clearly shows the stupidity of the "bipartisan" debt ceiling agreement. Cutting jobs (public or private) is STILL cutting jobs. Duh!You cannot expect normal people and families to go shopping (create demand) without income.
We, the public, need to hold the Congress and Executive's feet to the fire. Is there any legal way to withhold Congress' wages and their staff's wages until they do their work by completing and voting on pending legislation? After all, they gave us benchmarks for No Child Left Behind, etc.
If there is any part of the US Government that deserves cutting, it is our do-nothing, feuding, irresponsible, so-called representatives. This is a great subject for a Constitutional Amendment!
Republicans/conservative have been saying for a long time now that they don't consider government jobs "real jobs". So cutting those jobs doesn't bother them in the least. Although they are more than happy to then take that same data as far as overall job growth/loss and hammer their political opponents with it.
Yep, they're not real jobs, they don't employ real people, and they don't pay real money. Although I have to wonder whether Republicans consider any jobs or people real other than corporate executives.
Of course they do, MeddlingMonk. They consider non-executive millionaires like bond traders, stockbrokers, and analysts in the financial industry to have "real jobs." They've told us over and over that these are the people who are doing "real work."
they're not real jobs, they don't employ real people,
guess that`s why republicans do not do there jobs cause the government job they have is not real.
hell i wonder if my buddys was still alive if they tell them that before they got them selfs blow away for the country!!!!!!!!!
Well, if government jobs are not "real" jobs, and don't employ "real" people, then we could solve this problem in a heartbeat by eliminating all those FAKE government employees in Congress and replacing them with real human beings who actually care more about the country than their political ideology.
Some of us can't afford a pay cut. Speaking as a public employee, if I took a 30% pay cut, I'd be making $14K a year. Also, remember that "public employee" includes: fire fighters, police, nurses, and active duty military.
I would be thrilled to make 14k a year... Just be happy you have a job!
www.marines.com
www.goarmy.com
www.navy.com
www.airforce.com
www.usajobs.gov
There you go Kazzy, knock yourself out...
Kazzy, why in the hell should anyone be grateful they have a job, if human existence on this planet is based on just being a worker drone in order to enhance someone else life, then the entire idea of civilization and human progress is just an illusion to keep humans occupied for our 3 score and 10 years.
Perhaps they should be grateful they have a job so they can eat! Then again, guess one could just gather berries, eat insects, and sing kumbaya!
Yes we should all be happy to get a minimum wage job so that company CEO can make 300 times what we do and fly around in his corporate jet paid for by tax breaks.
Be grateful for the crumbs that fall from the tables of the rich.
Be so grateful that we remove the regulations that protect the air our children breath and the water that they drink.
Money is the new King of America and all must yield to it's power.
One can always just be miserable....I wouldn't advocate it because it doesn't change anything.
Then please, by all means...stop.
This chart also reflects the loss of 'temporary' public sector employees that were hired with stimulus money. No money, no job.
If we can take any statistic as "truth," this downturn will also happen in the private sector, see http://www.michaelmoore.com/words/mike-friends-blog/30-years-ago-today We have become the Corporate States of America, thanks to the big corps and Mr. Reagan, among others.
Back in the 70s when I was looking for my first Full-Time Job. I had to make the decision to either work in the Public or Private sector. At that time the decision was easy. Even thou the public jobs had great benefits their pay was really bad. I was able to make a lot more in the private sector, for awhile. They got pay raises in line with the economy, and my pay, not so much. Funny how some of us forget these things.
Ladies and Gentlemen...The Shock Doctrine, in effect!
The sad thing is that so many real people are actually suffering because of arguments about a theory that is unprovable. We are a nation of the uncaring being led over a cliff by the ignorant. Considering that there are a great many Americans alive who lived more than 50 years on the planet, it amazes me that republicans get elected at all. But then again we seem to have a great deal of short term memory loss.
"we are a nation of uncaring being led over the cliff by the ignorant"
....but enough about the Democratic Party!!
But enough about both parties. If nothing else the so-called tea party exposed that we really only have one party in congress whose fights are only about the means to transfer wealth upward. More than 50 years ago my dad told me the only difference between the Democrats and the Republicans is that when the Democrats steal from the public treasury a little bit of the money finds its way into the hands of poor people, when the Republicans steal from the public treasury it all goes to their bosses and themselves. I can't see that much as changed in that regard.
Well, just goes to show our parents are not always right!!
Politicians are all corrupt if you ask me, but don't try to make yourself feel better by thinking that democrats are just a little bit better. They could care less about poor people. Its all about staying in power and the votes! The more people they can disinfranchise, the better.
By the way, I know alot of "poor people" who are driving better cars, have better cell phones, better sneakers, and alot more time on their hands than I do. After working my entire life, I would really like to keep a little bit of my money instead of subsidizing the lifestyles and choices of everyone else! Safety net is OK. Way of life...not so much.
So much time...no class at all.
You take the 30% cut, I've already taken mine. In my position as an higher education educator we are 45th in the country in pay while delivering one of the best community college experiences in the country. We haven't even had cost of living increases in 3 years. We have had numerous cuts to our infrastructure while being asked to do more.
All the while the state is giving money away to the wealthy and there is $1 BILLION in uncollected taxes sitting out there. So you give up YOUR 30%, I've already given mine.
Could we maybe not post graphs with different scales and increments just because we think they look better?
In Wisconsin, my B-I-L is "taking" an $8000/year pay cut under Walker plus he will pay almost an additional $2000 in medical insurance and pension costs. How many people (regular family people) do you know who can stand that type of cut and still keep spending in the community, keeping the stores going, etc? Republican math is this: Cut salaried and jobs = less spending = stores being hurt = stores lay off people, = BLAME OBAMA.
Yep that is pretty much what the Republicans are doing but fact is Obama has nothing to do with it... People need to start looking at congress. It is congress that is responsible for job creation. Republicans want to cap spending and go back to Reaganomics (trickle-down-theory) which has always proved NOT to work so as long as people keep thinking it's Obama and not who's actually at fault, Congress nothing will change
How about last week's dueling headlines from Merck: Their second quarter profits were 3 times higher than a year ago and they are laying off up to 13,000 employees.
That's like getting mad at a hammer for hitting a nail - this is what corporations do, this is what they are legally required to do: maximize profits.
That was nicely said PaPlanner, and too true.
It heartbreaking to see what has happened to rural America - it turns my stomach. Too many rural citizens whine about paying for public transportation for "the city" and never stop to ask why we don't have the same access to public transportation too. We've been hoodwinked into believing that we don't matter or deserve the same services that other Americans enjoy.
Just about every state in the country has a rural or semi rural campus that's part of a land grant institution. I can only imagine how rural life would be transformed if all land grant schools, including the rural campuses, were connected via high-speed rail? It would make living in a rural area so much more feasible for so many people. My husband and I brought our jobs with us - he's an organic farmer and I telecommute. But so many around us are struggling, not because they are lazy because there's no work to be had. People come 'round the farm every week to see if we have work, and it just breaks our hearts that we don't.
The scariest part is that many leaders (government, civic and religious) in rural communities has convinced us we're not worth the investment. Rural towns have been decimated since Ag Secretary Butz and have never recovered and in most cases, things have gotten worse.
The fact that rural areas are disproportionately represented by the tea party is just further proof that the psyche of rural America is paralyzed by fear; far too many have crossed to "the dark side" and are now motivated by hate.
We have a beautiful country - the landscape is stunning - it's unfortunate how few have the opportunity to enjoy the quality of life rural America used to provide.
Isn't it interesting how the rest of the industrialized world seems to have working high speed rail, good super highways, modern and efficient airports, water and sewer systems less than 100 years old, and modern flood management systems. Having spent a good portion of my adult life working in local government as a planner, one of the hardest thing to do was to convince country commissioners, city councils and township supervisors to put aside a part of their budget for capital improvements. Politicians are hard pressed to think long range, particularly beyond their current term. Our electoral system is geared to short term thinking, short term actions and constant changing of plans.
American private job/industry growth is still slow, so I do not understand why there couldn't be more foreign direct investment: encouraging more 'industries' from abroad to come here and set up shop. That would help job growth here. I am sure there are many companies eager to break ground and sell their goods here.
If government can't afford job growth investment and domestic firms are not willing to hire more (They are not so generous to hire and retain workers just beause they have the money)....what other alternatives are there?
What types of foreign investment?
Good question....I quess anything outside of defense or industries that would create some security risk.
There is some information at the government site Select USA
The entire U.S. Congress must return to Washington with a sense of extreme urgency by next Monday, August 8, to fix the problems and eliminate the threats to the American economy, including funding jobs to fix our increasingly unsafe infrastructure immediately, before the 2012 election.
Any members of congress who do not dedicate their paramount priority to producing jobs that shall achieve the strongest future in history for the American economy must not be removed from office in 2012 because they must be considered to be an unacceptable threat to America.
Anthony,
Here's your urgency for you -
They don't come back from recess until after Labor Day.
Recess. That word makes it sound like they are in th playground playing dodgeball.
I guess we need to change "God Bless America" to "God Help America!"
The history of humanity has warned us far too many times that we are in the self-destruct mode, the dinosaurs had an excuse but we are following in their footsteps with no excuse at all.
Think Progress also has a report about giving 300,000 jobs the axe.
We as a people must decide on Nation building or taking care of our own. I find it interesting that we are building infrastructure in the Nations we are at war with and cannot afford to even maintain ours. The horrendous costs of the military with no return on our investment but a lot of new terrorists. What is wrong with our free press that they are not screaming about this absurdity
htpp://COSTOFWAR.COM
We just don't seem to understand that our place in this new rethug economy is to be consumers, we exist only to provide the broad base of support at the bottom of the economic pyramid so that the rethugs masters can sit at the peak, and the rethugs only a couple of layers below.
Mitch McConnell said his number one priority was to ensure that President Obama was a one term president.
I believe everything the Republicans are doing is to ensure that. The debt ceiling debacle was meant to show Obama as weak rather than the rational, compromising president he is. The fact that the latest outcome will ensure jobs are lost, the Republicans will campaign on the jobless rate. They are certainly genius. Everything they are doing is a plan for the campaign.
Thats exactly what they are doing, intentionally obstructing the recovery of this nation out of a massive recession to regain political power which makes them traitors to this country. Vote them out and keep them out!
My thoughts exactly Julie! And what is the first thing they spent all their time on?? Women's Freedom of Choice (no matter how one feels about this-NOT a priority.) And when Wisconsin started the attack on all the unions, I am not sure what Congress was doing except enjoying the show. Making sure their "owners" (BIG MONEY, BIG BUSINESS) are kept happy by doing all they can to make sure they keep their tax breaks. Delaying, lying (big hypocrisy going on. Jobs? what about them? and the MASSIVE debt ceiling up? down? Up? Short term, long term--WHY are these people in office-guess the people really thought they cared about their needs-jobs, programs for those who really need help, kids? SOCIAL SECURITY/MEDICARE?? This is the most disgusting group of Republicans,(Tea Party-furnished$$$$by the Koch Bros) set of selfish politicians I have ever had the unfortunate time to tolerate. Something has to change!!!!!!! I believe in Obama-please give him the help he needs. And Democrats-GET MAD-quit sitting there so quietly.
Nothing could be further from the truth! Obama is a failed one-term President. He can't take responsibility for anything on his watch! He is devisive. The previous Congress was incompetent and couldn't even pass a budget! While they are tweeting the risque photos, or having sex with minors, the real world is in trouble. Democrats should be asking why he didn't implement those promises he made to you while he had the power of both arms of government? I mean, will anything ever be Obama's responsibility??
Katy, what you say is not wrong. But you have to agree it was still the Republicans who were standing strong to block everything Obama tried to do. Even passing a budget was not going to be allowed. I'm one of those Fed workers who watched it all very closely as I stood to lose my paycheck. As a single mother with no child support coming in, I was on the edge of my seat. But, knowing someone who works for Pelosi I know the hours she put in and how hard they tried. Again, it was partisan politics rather than compromise. Having a 2 party system is about compromise. But today, both parties only worry about the next election. THAT is what needs to change.
I agree that there is gridlock, but you can't tell me the same people who passed Obamacare couldn't pass the federal budget. They had both the Senate and the House and passing a budget was their job. FAIL!
Pelosi is just as partisan (if not more so) than the rest! When they had the chance to lead and show compromise, they did nothing! And I agree that it is on both sides, but seems like that is a reflection of our society in general.
We are at a crossroads. It doesn't help when those representatives on the left, use the race card to call out the entire t-party group. Calling them mobs. For any progressive movement, they would simply be community organizers!
But since you mentioned it, what are the gays willing to give up? what are the pro-choice folks willing to give up? Anything in the name of compromise?? $100 bucks say they will justify their cause as being the exception. Looks like we are back to square one!
Katy evidently believes that the system worked just fine under Bush. Wall Street melting down is the sign of a healthy economy I guess. As is using the budgetary tricks learned from Ken Lay who's company Enron remains the model of fiscal health and efficiency...who also helped formulate energy policy by the by.
The Democrats in the Senate never had a supermajority necessary to override a Republican filibuster, which the Republicans have used to make the requirement of a supermajority the new "normal." And in any case, doing the business of THE PEOPLE, like passing a budget, should be the concern of every Republican. It is not.
Seeing to the economic wellbeing of the nation should be every Republicans concern. It is not. The Republican Congress have passed no jobs bill, despite running on jobsjobsjobs to get control of Congress. The only bills that HAVE pertained to jobs were those that eliminated public sector jobs. Public sector jobs are still JOBS, and their loss offsets any gains in the private sector...keeping us at square one. Nice.
As it stands, the Tea Parties scarcely even exist any more. All you see at their rallies are just the speakers and the press covering them. All that remains are the corporate puppet masters who pulled the strings to make the astroturf marionettes dance and who now just dictate policy and buy politicians. Tea Parties were just a flanking maneuver. The real army had always been ALEC.
And on the subject of racism;
That little hoot nanny held by Rick Perry, which was massively under attended, was chockablock with Identity Christians who are definitely racist and bigotted. Who also, not coincidentally all seek to overturn the non-establishment clase of the 1st amendment and destroy the wall seperating church and state. If this is Perry's idea of how to govern, then he shouldn't even bother leaving the house. Our nation was founded on the basis of preventing such a travesty.
That is such a neat trick, conflating social issues as economic ones. That is like asking blacks during the civil rights movement what they are willing to give up. Equal protection and representation for gays and lesbians under the law is not something that needs to be bargained for. Moreover, if gay marriage was legal, weddings would provide a whole new form of economic stimulus. What are the opponents of gay marriage willing to give up? Similarly for abortion rights. Not only have abortion rights been rolled back all over the country at PROFOUND cost to the tax payer, but there was a Planned Parenthood which someone had thrown a molotov cocktail at a week or two ago. This is a Constitutionally protected procedure that the public is being bled dry to deny. What are anti-abortion advocates willing to sacrifice?
Further, its not gay rights or pro-choice advocates who are the millionaires and billionaires who were given tax cuts to quell "uncertainty" so they could start hiring...which they have not. They are not the people who are buying judges and politicians to look after their interests and buying up astroturf groups like the Tea Parties to promote and defend their agenda and who's policies have lead directly to our nation's credit rating being down-graded by the S and P. Their chief reason for doing so? Our nation's unwillingness to raise revenue though taxation. Thank you Reagan, Bush, and Grover Norquist; as well as the avowed intention of some (McConnel, Rand Paul) to make the fight to lift the debt ceiling the new normal.
If we are talking in purely economic terms, nothing could be more disasterous than the Republicans gaining control of the presidency and the Senate. There is no one running who would not make Bush economic policy look efficient and meticulously planned by comparison.
Nice try Don. But you might be surprised to know that the Rick Perry story was covered on the front page of our local "liberal" newspaper. The stadium that holds roughly 80,000 people was half filled for the event. Here is a picture on CNN of a few of the participants. Not exactly an all white event!
http://religion.blogs.cnn.com/2011/08/06/the-response-in-pictures/
Again, no one is willing to compromise. Their issues are always the most important ones!!
The abortion issue is not an easy one. For me, I would like to see less "advocacy" for abortion or at least equal advocacy for the other options. We can't say on any authority that it is not the killing of a human being. We can't say that the fetus feels no pain! We can't predict the future for that family and sometimes people feel one thing in the moment (fear, despair) that they may not feel once they have the baby. We don't have good studies that show the ultimate implications to the mother who aborts, in terms of the affects on their psychology. The argument that it is the woman's right to do what she wants to do with her own body, falls short when you look at the fact that in the US only a few states allow assisted suicide (and with restrictions). If it is our body why can't we get Doctors help us kill ourselves? Science is full of new discoveries. I am not anti-abortion Don. I am undecided, but not on the grounds that most pro-lifers cite. I am sure there are many more conservatives who feel the same way. I would compromise by saying there are times when abortions should be allowed, that an unbiased or neutral consultation should be had with the patient that lays out what we know and what we don't know about the fetus in an impartial but serious way, and that late term abortions should be prohibited. Now, what say you?
So you are saying there are no wealthy gays and lesbians? There are no wealthy prolifers? There are no liberals buying votes??? Come'on Don, that was weak, espcially for someone who prides himself on being somewhat intelligent.
In purely economic terms, continuation of an Obama presidency and democratic controlled senate is self destruction. He has delivered for NO ONE!
30,000 showed up for the Perry's event. http://www.guardian.co.uk/world/2011/aug/07/rick-perrys-call-to-prayer
The points I made about their racism and bigotry still stand. They are a worse threat to American freedom and liberty than Mulsim Shariaists. They are Christian Shariaists. The people throwing molotov cocktails at Planned Parenthood are Christian Taliban.
But then they go ahead and have kids they can't afford so you get to slam them for their moral inferiority and the drain they present on the public dime. Especially heinious because Planned Parenthood provides birth control and instruction making both abortion and the drain on the public dime unnecessary.
You lie and are a hypocrit., I still remember the pornographic detail with which you lovingly laid out the description of a late term abortion. The point is that it is for the woman for to decide for herself. She lives with the consequences either way. Not you, not some judge, not some politician, not some false prophet shouting that their needs to be martyrs for the cause of stopping abortion, not some assassin with a gun or some jackass with a molotov cocktail or pipebomb. Its not your problem, its none of your business, your opinion counts for zip until the moment you discover that you are pregnant and have a hellish decision to make.
Evidently none who are buying votes on the scale of the Mormon church, AFA, or the Koch bros, and certainly none who are on the scale of ALEC. Not enough wealthy liberals to so completely warp the very fabric of the American economy and society the way those on the right have.
Because he has been far too solitious of the sensibilities of the Right. If he was a fraction as much a socialist and progressive as Fox, Beck, Limbaugh etc make him out to be, the nation would be in a radically different place than where it is right now. As it stands he's offered no moritorium on the policies of Reagan and Bush and so their failures are now his as well.
Don, if its a woman's right and no one else's business, then tell me why you liberals won't get off the back of those who smoke, people who eat fast food, etc. You guys want it both ways.... and that ain't flying....
About the late term abortion, not being hypocritical here. I said I would be against late term abortions (and I add unless there is a medical necessity). It is gory and hard to read, right Don? And still, no compromise on your part. And you didn't address the parallel to assisted suicide. When you don't have a good answer you resort to name calling...
But, I see your level of compromise. Like I said....
And Obama, has to get re-elected to further destroy the country!! One term of dismal job loss, debt out the arse, divisiveness, etc., just isn't enough to bring us down! But finally some admission that he is his own man, with his own agenda, and it's not the same as yours. Wonder what it is?
Let's all derail. I am glad that history is finally bringing to light that RFK and Jackie both knew that LBJ, Bush Sr. and Texas were part of the assassination of JFK.
Something I always felt in my gut as a kid. Texas...ack...rogue state indeed.
Don, keep your person stuff to yourself so these threads don't get personal.
Katy, don't troll here. Now I've learned your name.
Maggie and others who I've deleted, your posts are collateral damage. I just took out the whole thread.
Thanks Will. Lesson learned.
Amen. Look at all her posts... all she does is make negative statements that repeat the same message over and over again.
Thank you Will!
come on, maggie - let's move on...we don't have to say anymore.
Let's see now, I've been trickled down on, supply sided, friedmanned, and tea partied, can we now end our 30 year flirtation with voodoo economics and return to a reasonably well regulated marketplace and some kind of realistic economic theory that isn't based on the principle of dependence upon the generosity of wealthy.
Rachel :, Hi I, am writing to say just how aweful it is, in the job's market. Rachel how the heck are, we going to get out of this mess? I'm so afraid it's never going to get better. Thank's for the article.---------------------------evelyn44g
So the world's richest human being lost $8 billion in the past week in world financial fiasco and he's still the richest man in the world, and to top it off he is a Mexican named Carlos Slim. Bill Gates and Warren Buffet you are letting America down.