The reason the job numbers haven't improved much in spite of the stimulus

is because the people who control the jobs have a vested interest in Obama's failing.

Just in case anyone is wondering what the hell is going on

He's helping them mightily.

Every day has been Christmas for them since Jan. 20.

And they're the guys who control money and its usage.

Little did I know ...

Believe me, the capitalists will take everything they can from Democrats, but their hearts will always belong to the fascists. As good as Bill Clinton was for business in this country, he didn't let the capitalists steal as much as they were able to under Bush, a bona fide fascist.

Wait until the Bewsh tax cuts expire. They shouldn't have been ALLOWED to expire; they should have just been eradicated and raised. This country has an 11 trillion dollar national debt.

First of all, basic economic reality number one. Jobs are trailing indicators, ie they are the last thing to pick up when coming out of any sort of depression/recession.

Second of all, if you honestly believe that we've pulled out of this recession, I've got some serious swampland. .err. . prime real estate to sell you. Despite the number (which are weak, weak) and the contention, based on the GDP, that the recession is over, it's not. Most of those numbers, and GDP figure (revised down to 2.58 percent growth) are inflated due to stimulus money, cash for clunkers, first time home buyer's credit, etc. The underlying economy is still weak, and I think that the fourth quarter numbers, and into spring of next year are going to be down.

Sure, the financial world is riding fine right now, they've got another bubble they're riding (but that could blow up any day now with the Dubai default). But in the real economy of people buying things, people working jobs, etc., the economy is still in the trash heap.

To blame this on some grand conspiracy of all corporations, great and small, is whacked out beyond even some of the conspiracy theories I get into, by an order of several magnitudes.

Put the pipe down and back away slowly.

They have to say things are going good so people will come out and spend money and buy things. After Christmas - I believe the bottom will fall out.

If going into this holiday season - if they didn't say that we are coming out of the recession - things would be much, much worse as people would have pulled back spending even more.

Was told the other day that a hotel that was bought several years ago with a mortgage of 2 M was just refinanced at 800 G. A real loss of 1.2 M to the bank.

TARP kept the place from being abandoned. TARP covered the loss and kept the bank from losing everything.

We were really (still are?) on the edge of complete financial ruin across the country. Millionaires lost millions of dollars almost over night. They used to hire people left and right, now they are holding off investing.

Once the economy is stabilized, the capitalists will return to investing and more jobs will be created. When that will be no one knows. Until then hang on tight.

If the GDP is up without an expansion of the workforce, what's the incentive for hiring? They're getting more productivity with less payroll.

Bilderberg know-how! woopsie.

They don't know how to do without or how to wipe their own asses w/o the cleaning lady.

we'll come out of it with a whole lots less wealth inequity, lotta big boys sitting bricks you can bet on that. My last 15 plus years of work was doing concrete and we done the concrete work on a bunch of high dollar, can't see how anyone could afford the utilities, let alone how anyone could make payments on this type homes and I'm starting to see some of them empty or with for sale signs on many of them

Jobs and sold products have a direct relation to one another and that's what the greedy bastards forget :hi:

All the while my little 1200 sq ft house gets worth more and more all the time ;-)

When the price gets right I'll let someone have it and take whats left over and build just what my wife and I would like to have that we can see we can afford the utilities and upkeep on as we get older. We don't need a lot of space anymore, 800 to 1000 with the right layout would be fine.

gobble gobble
Hope you had a great thanksgiving day

saved by the stimulus in construction and civil administration...

China, India, Phillipines, Mexico ....
The US manufactures NOTHING!
The only "market" we have is the "stock Market", which Obama gladly pumped up with $700 Bill in taxpayer FIAT money.
Complements of Bernanke, Geithner and the Federal Reserve.
This is just Part II of the Bush/Greenspan/Paulson scam.

Dell Computer has shut down making anything in the US and closed a NEW factory in NC this year -- to ship those jobs to India. And you ask why we aren't gaining jobs.

I have a Dell Computer. It's my LAST one. I'd rather buy Sony than Dell, on general purposes, since I can't buy an American made computer anymore.

F*k Dell.
American need to BOYCOTT ANYTHING AND EVERYTHING made overseas.

It did nothing to address the underlaying reasons we are having a depression.

To assume it is a conspiracy to make Obama fail is nearing insanity. As if they would cut off their nose to spite YOUR face.

While I understand your sentiment, it just isn't true. The fault was in how the "stimulus" was directed. Obama's team of waiver-laden and interest-conflicted financial advisers convinced him that the only sector worth saving was the financial sector. $13 trillion later, we have what they wanted: a stock market bubble. Most economists, of course, knew this was the wrong way to go. But they didn't win the argument, and here we are -- a job-loss recovery. But the crony capitalists are doing quite well, front-running stock trades using the federal treasury as their backstop. They have nothing to lose, so stock prices go up, giving the illusion of "recovery" despite P/E ratios being back in fantasy land.

I have and it was disheartening. Go to recovery.org and drill down into one large expenditure in your zip code, as thousands of Americans are already doing, and try to get to the bottom of why the money was spent, where it went, and how much just ended up being wasted, misaccounted for, going right to someone's bottom line, etc.

I researched just one for $400,000 in my zip coAde. Tried to find out information on from the Secretary of States Office on who the limited partnership was, tried to contact them, find out what the money was for, why no jobs were reported as being "created", etc.

It seems our government is just sending off checks for our money with little or no effort at substantiating it. Remember, Obama said something along the line of "why do you think they call it stimulus, it's spending". It seems we are getting almost NOTHING for 800 billion dollars. NOTHING and I am heartsick over the idea that we believe government has any ability or desire to tell us how much of this money is wasted. My guess is the vast majority of it is wasted.

Saw one blog where a guy is on the board that had already passed a tax bill to fix a wastewaster facility in their county. Well, free money showed up in the form of stimulus. Never created one job; the fix for the wastewater was already in the hopper. Now the county citizens don't have to pay for it; YOU AND I DO.

recovery after every recession since 1971, it doesn't appear this one is any different than any in the past.

http://www.zacks.com/stock/news/27640/Initial+Jobless+Claims+Plunge

Click on chart to enlarge it.

he gave them tax breaks and lied to us and told us that big business would use their tax breaks to rebuild america.
they didnt. they took that money and moved to India, Mexico, China, Bangladesh, and any slave labour they could find for their short term profits.
and then the unions and decent wages along with them were destroyed by him.
Clinton put the final nail in the coffin with NAFTA.
and now, the jobs here suck and there is no manufacturing base worth a shit, and we spend our money on occupying other peoples countries to steal their resources.
I knew back then that if you take away the middle class, which they did, that the USA is fucked.
and now, its coming to pass.
until 'some' administration reigns in those corporate assholes and their slave labour practices, nothing will happen.
we will continue to decline.
but, most politicians are owned by the corporate assholes, so Im not holding my breath.