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Economy
U.S. Economy Lost 54,000 Jobs in August
2010-09-04
[WSJ] The U.S. economy has shed jobs for three straight months, though the losses in August were about half the 110,000 predicted by economists in a Dow Jones Newswires survey.

The unemployment rate, calculated using a separate household survey, edged up to 9.6%, as expected, after holding at 9.5% for previous two months.

The report is likely to cause renewed debate during the long Labor Day weekend over what new steps the Federal Reserve and Congress should consider to jump-start the job market.
Asking themselves "How is this going to make us more competitive?" every time they consider a measure would be a good start. But the pols "debating" aren't real fond of business that's not located on Wall Street.
Posted by:Fred

#7  UNEXPECTEDLY!
Posted by: DMFD   2010-09-04 21:42  

#6  How bout this? Deactivate the EPA, department oif transportation, the department of education, the department of energy, all the czars, half of congressional staff, all congressional military flight, and that racist department in charge of making sure reverse discrimination happens while suing the state of Arizona for enforcing federal law.
Put a mortorium on ALL earmarks until 2030, repeal obama care, enact fair tax, and repeal anything any democrat enacted for the last 60 years.
Yeah, 60 years.

I solved 1/4th of the problem in that screed alone.
Posted by: newc   2010-09-04 14:55  

#5  Obama just said that if it wasn't for him, things would be worse. That he had stopped the bleeding, didn't mention that another 54,000 jobs were lost. Worst President in the History of America.
Posted by: Angirong Hupaviger9578   2010-09-04 14:08  

#4  Somehow Obummer spun this into the economy is headed in the right direction. That would be only if you are trying to take it down!
Posted by: JohnQC   2010-09-04 12:20  

#3  Want to solve unemployment and illegal immigration and out of control public sector slaries and pensions?

Cut the size of the public sector work force by 30% at all levels of government, cut the remaining workers pay by 25%, and put a cap on public sector salaries of $50,000 per year regardless of what they do. And limit public sector pensions to $50,000 per year. At the same time, limit unemployment to 12 weeks.

The out of work people resulting can take the jobs illegals do now. No demand for Mexicans, they go back to Mexico. Americans working. Public sector size and cost reset to reasonable level. Three problems solved.
Posted by: no mo uro   2010-09-04 05:22  

#2  All according to plan.
Unemployed become welfare recipients = liberal government's clients.
Posted by: g(r)omgoru   2010-09-04 03:28  

#1  Quick more money to the public sector unions and politician's relatives! That'll fix things! This time for sure.
Posted by: DMFD   2010-09-04 00:37  

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