Underneath the official numbers that we lost 216,000 jobs in August and our unemployment stands at 9.7%, are some nasty, negative data.
- Some 26 million Americans can't find full time work.
- The average work week has been cut to 33.1 hours.
- The number of discouraged workers jumped to 16.8% from 16.3% in July.
- Part-time workers increased by 278,000 to 9.1 million.
- Teenage unemployment is at 25.5%.
Our employment picture is in a shambles. The Obama stimulus program is not putting people back to work the way it was supposed to. We need a job stimulus program that will put people back to work and fast.
One proposal would be to use the remaining $400 billion of the stimulus money to lower taxes for businesses. However, with the present climate of confrontation, there is little hope of getting this done.
Another proposal would be to raise the minimum wage. Again this would be a difficult nut to crack.
So we wallow in never-never land. Congress must address this problem NOW and come up with some way to put people back to work.
Do you have any ideas as to how this could be done?











Reader Comments (Page 1 of 1)
9-06-2009 @ 7:38PM
LongshotX said...
What kind of jobs would you want them to do? Construction, manual labor, skilled labor?
9-06-2009 @ 10:27PM
Cynd said...
My opinion is to bring back the jobs to America. I realize that big corporations in this country are into "outsourcing" jobs to foreign companies because they are being cheap paying out lower wages and they wouldn’t be held accountable for paying for federal taxes, health insurance, 401(k)’s, etc.
One thing that I have noticed is that the quality of goods and merchandise made in other countries are not as durable when they were made in the US. These corporate heads are “greedy.” Overcharging for their goods and merchandise that not worth a fluke.
9-07-2009 @ 12:19AM
martialoffrance said...
Pull out of NAFTA
9-07-2009 @ 1:12AM
celebrityperfume said...
One Problem, Three Words !!!!!!!
MADE IN CHINA
9-07-2009 @ 3:21AM
a said...
distribute money to small business's and to the people as small business is where the majority of new jobs are created doesnt anyone find it interesting that the stimulus package did not include small business and the general public to recieve the same bailout and stimulus that banks and major corporations and religious NGO's recieved ?? taxpayers will pay for everything and their wont be enough people to watch over or correct the process of depleting the public coffers of money .......
9-07-2009 @ 3:28AM
Bill said...
Will people pay more for US maked goods or should we lower what we pay Americans to make the price the same? We all look for a bargin.
9-07-2009 @ 3:34AM
Bill said...
We look to companies to see us stuff at the cheapest price. Labor is cheaper in China. So if we make stuff in the US, are we willing to pay more? If not, are we willing to have the people producing the goods in the US paided what the Chinese are paid? Somebody help me?
9-07-2009 @ 7:02AM
martialoffrance said...
We have a strong and willing work force along with the infrastructure to make many goods and provide the needed jobs. Bringing back the steel industry for one would be a great start. I support my fellow countrymen in the manufacturing world. Countries like Germany and Japan take pride in there manufactured goods and so should we. We have the ability to be the best and that's what it should be about for our countries goods. I also would support giving stimulus money to small business. "All politics is local" Help at the local level and you'll see good come of it
9-07-2009 @ 7:51AM
Zebra365 said...
Raise the Minimum Wage? Since when does raising the price of something stimulate demand?
And people think that the government can stop manufacturing from going to where it is most profitable, which is overseas? The Smoot-Hawley tariffs helped provoke overseas retaliation in the 1930's and world productivity ground to a halt. Tariffs today would do the same thing.
The truth is that there is too much debt out there and it will deleverage fast or slow. Deleveraging (eliminating debt) by consumers and business is a continuing drag on the economy. The government interventions to prop up the banks and brokers only prolong the process, they don't stop or reverse it.
The savings rate is calculated as the difference between consumer income and consumer spending. The reported increase in "savings" is actually mostly consumers paying down debt for things they purchased in the past. Deleveraging.
Those that are really storing up cash are doing it in money markets and won't be playing with it in the stock market. So the gurus that claim there is 'money on the sidelines' waiting to drive the market higher are thinking that this recession is like every other, it isn't.
Meanwhile the banks and brokers are still making leveraged bets they can't cover with bookies that can't pay because they can all count on the taxpayer to cover their losses. With the governments "help" and taxpayer money the banks and brokers that were 'too big to fail' are now even bigger.
We're screwed.
9-07-2009 @ 7:53AM
hscaller said...
Nafta is the main problem as I see it. Whirlpool is closing its plant that makes fridgerators and moving it to Mexico. If it is made in Mexico or else where then let Mexico buy the product. The product should be outlawed or boycotted in the US. I personally will not buy a Whirlpool Product again.it is greating harder and harder to find anything that was truly made in the US. This has got to change. You want to fix the economy put people back to work so they have money to buy Products, Health care Etc:. CEO's that run failing companies should not be given bonuses example AIG for one and paying them and their officers millions of dollars a year is insane, their employees make minimum wage. Those employees have to work more than one job if they can get more than one job to make ends meet. PUT PEOPLE BACK TO WORK.
9-07-2009 @ 7:55AM
sonnype said...
What did Congress expect to happen when it approved all these bad Free Trade Agreements.How can free trade be good for our country when we run massive trade defecits every month and continue to send more jobs off shore.The economy is not going to turn around until people have jobs that provide them with disposalable income.Obama talks about job creation but doesnt do anything about keeping the jobs that we have alreday.Both the Democrats and Republicans dont seem to understand this principle.Maybe next election we should have them join the ranks of the unemployed
9-07-2009 @ 10:50AM
patricia said...
Government cannot create anything, except debt and misery. If government could create wealth or jobs or health care with its magic government wand, then the Soviet Union would have been the wealthiest and most successful country on earth!
Cut taxes, cut spending, stop giving away our money to rich bankers and chamber of commerce busybodies, and turn the free market loose! That is how wealth and jobs are created.
When government couldn't even run the cash 4 clunkers program without delays and had to hire an extra 1100 bureaucrats, what makes you think government can run anything? Post office? Amtrak? Medicare? They've all been losing money ever since their creation.
9-07-2009 @ 11:27AM
Ken Spain said...
Gov is like an internal accountant. There is no way that person can stimulate the economy, or make a profit for a company, not going to happen. Very few in congress or the house has ever had a real job, so why do we think they can turn things around. Like putting a fox in the chicken house for the nite to make sure they are all safe . With Obama in place , after four years ,he will be the only one in place. Ge needs to resign, or be put out of office before its too late my friends. It's going to get very nasty!!!
9-08-2009 @ 8:06AM
shawnkempf said...
Thousands of jobs in medical billing needs to be filled find a local school to get a degree at http://bit.ly/ESUNX
9-23-2009 @ 9:19AM
Phillip said...
If the government would stop giving money away to other countries for no good reason, there would be a surplus of cash to give to the every day workers in America for a stimulus package that would help us to pay our mortgages, car payments, etc.. What a boost that would be to our economy?
10-22-2009 @ 4:31PM
PGilbert said...
We need to stimulate jobs. That's clear. How about a huge corporate tax credit only for those companies that have increased their payrolls. This would apply only to companies with new employees who have not worked for the company in the prior 5 years or those companies that have increased hours for existing employees.
This might give some companies an incentive to hire (rather than increase overtime, etc.). Those new employees will begin paying income taxes which will in effect reduce the "cost" of the tax cuts to the companies. Also, these newly employed people will be out buying goods and services which will in turn stimulate the economy further.