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Things are getting better and better. Unemployment is down.

  1. 0
    JaxsonRaineposted 3 years ago

    http://www.cnbc.com/id/100618938

    Not that it's actually good news, but the unemployment rate is down to 7.6%. The labor force participation fell by half a million Americans, making a new low since the start of our fall.

    Too bad our government won't just 'fix' the problem by creating an environment where the market would fix itself very quickly.

    1. tsadjatko profile image78
      tsadjatkoposted 3 years ago in reply to this

      oh but to hear Obama speak they are - it's not the government's fault it's the fault of  those bad greedy "corporations" who won't create jobs becasuse they want to hoard their money.

      1. Zelkiiro profile image82
        Zelkiiroposted 3 years ago in reply to this

        The job market around here is almost nonexistent. Are you trying to say that that's not the case?

    2. 0
      Sarra Garrettposted 3 years ago in reply to this

      don't believe lame stream media.

      1. 0
        JaxsonRaineposted 3 years ago in reply to this

        Don't believe what? You can verify the figures yourself, this reporting is actually pretty good.

    3. Josak profile image60
      Josakposted 3 years ago in reply to this

      The market is thriving, have you looked at profit margins for last year? Amazingly high, corporations are making more money than ever in American history, unfortunately this is not reaching the lower class, obviously the correct solution to this problem is to further deregulate the market to help the corporations... excellent logic. tongue

      1. 84
        Education Answerposted 3 years ago in reply to this

        Josak, you'll have to direct your reply to Business Insider.  It seems that our horrible economy is the primary cause of corporate profit.  You see, we need jobs, something we haven't seen much of under the POTUS.  By the way, isn't the government still dumping 40-85 billion dollars into bonds and treasuries each month?  Talk about artificial growth.

        The job market around here is dead too.


        “Fewer Americans are working than at any time in the past three decades. One reason corporations are so profitable is that they don't employ as many Americans as they used to.”

        1. Josak profile image60
          Josakposted 3 years ago in reply to this

          It's true, the fallacy being made all too often is to presume that people are not being employed because corporations and businesses are not making enough profit, that is rubbish.

          1. 84
            Education Answerposted 3 years ago in reply to this

            You see only what you want to see.  Your post proves that.  Here's the quote again:


            “Fewer Americans are working than at any time in the past three decades. One reason corporations are so profitable is that they don't employ as many Americans as they used to.”

  2. 84
    Education Answerposted 3 years ago

    We have anemic recovery, in some areas of our economy, at the expense of our future.  We tax and spend.  We borrow and spend.  We print and spend.  Minor economic gains, in some areas of our economy, are offset by our country's staggering debt.

 
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