"Unemployment dropped to 9.5 percent — the lowest level since July 2009 — from 9.7 percent. But the reason for the decline was more than 650,000 people gave up on their job searches and left the labor force. People who are no longer looking for work aren't counted as unemployed."
Great news unemployment is down? Right.
"SACRAMENTO, Calif. – Gov. Arnold Schwarzenegger on Thursday ordered about 200,000 state workers to be paid the federal minimum wage this month because the state Legislature has not passed a budget, but the state controller is refusing to comply."
"The Republican governor has been frustrated by the Legislature's failure to close California's $19 billion budget deficit, even as the new fiscal year began Thursday."
What you mean California can't print it's own money? Most people are not aware that California has already borrowed $8 Billion from the Federal Government. I don't know how you borrow billions from the Federal Government when they are $13 Trillion in the hole!
Yesterday it was reported the Big Bad Mean Spirited GOP shot down a $33.9 Billion Unemployment Extension Bill. That's oly $14.9 Billion more than would completely bail out the State of California! That's a pretty significant chunk of cash!
The Democrats blame the Republicans of course for "Blocking" the Bill. The problem: There is NO FUNDING... the Democrats just want to borrow more, add to the deficit and hand out the Monopoly money. And while I'd like to see the unemployed get compensation while they look for work (Who wouldn't? The Bankers got everything they asked for and more) at some point you can't just keep printing and borrowing money... or can you (Apparently Team Obama thinks that's how you "fix" everything).
The Republicans asked the Democrats to dip into the Surplus in the Stimulus Bill that has not been spent. Be they can't do that... they are going to spend that money in their own due time on the things they want to spend it on.
So you have to ask yourself... can Government fix the economy? Sadly we all know the answer to that question.
by Jack Lee 7 hours ago
We are in the final days of the election.Despite the news reporting of how close some of the races are...Here is my prediction.The GOP will gain seats in the Senate and hold majority.The GOP will retain Majority in the House of Representative.The GOP will increase governorship in the States.It has...
by Ralph Deeds 9 years ago
Paul Krugman's column in the NYTimes today 1-5-08 is entitled "Fighting Off Depression." In it he called the recent economic numbers "terrifying," not just in the U.S. but around the world. Manufacturing in particular is plunging everywhere; banks aren't lending; businesses and...
by Stacie L 7 years ago
GOP lawmaker wants ‘South California’ to be the nation’s 51st stateBy Holly Bailey | The TicketA GOP lawmaker in California says he has a solution to the state's massive budget woes: He wants 13 conservative-learning counties to secede and form a new state called "South...
by Charles James 6 years ago
I am not an American, but what goes on in the USA is important to the world.Lincoln was a Republican and freed the slaves. One would expect black Americans to generally vote Republican. But they don't.How did this come about?
by Mike Russo 9 months ago
President Donald Trump mocked Democrats Monday for their stony reactions during his State of the Union speech last week, saying that it was even "treasonous.""They were like death and un-American. Un-American. Somebody said, 'Treasonous.' I mean, yeah, I guess, why not," he said...
by Michael Gill 5 years ago
Why is it that so many Americans think Democrats are the "good guys"?Throughout history Democrats have been trying to alter the face of this nation yet people believe they are good? Why did they fight the 13th Amendment? Why are they attempting to make us a socialist nation? Why is...
Copyright © 2018 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|