Unemployment is the most pressing problem we currently face. The economy can not recover while we are bleeding jobs. The unemployment rate is currently listed at 9.5%. This is abysmal, but is it really factual? Why is the unemployment rate based only on those who are currently receiving unemployment benefits? It does not include those who are no longer eligible to receive unemployment benefits, but are still unemployed. If they were included the unemployment rate would already be over 10%. Does their exclusion just make the situation sound better?
Hiding the real numbers does not change the reality of them. The unemployment rate also does not take into consideration the number of people who are under-employed. People who were once employed full time, but have now been forced to accept part-time work. Part-time work is better than no work and putting food on the table is desirable. The unemployment rate should be based on actual, complete numbers. Only then can we face and address the full problem.
Signed,
The Electorate
Showing posts with label unemployment. Show all posts
Showing posts with label unemployment. Show all posts
Friday, July 24, 2009
Monday, July 6, 2009
Economy: Outside the Beltway
belt.way.itis n.
1/ the mental inability to view the world as it actually is.
Congress needs to elevate its opinion of the American public. We are not stupid and we are not happy. We also are not impressed by the recent actions of Congress. Congress has taken a bad situation and made it worse by doing the exact oppose of what it should be doing to help this country recover from this recession. Basic economics dictate that the way to stimulate a sagging economy is to lower personal and business taxes - especially small business taxes since most of our new jobs come from this sector. Unemployment has risen and will continue to do so. If unemployment data included those who are no longer eligible for unemployment benefits the unemployment rate would already be in double digits. The first stimulus didn't work. Now you are considering repeating your first mistake. Einstein once stated that the definition of insanity is repeating the same action and expecting different results. Stop the insanity! The American public is slow to anger, but its patience is limited. Stop trying to change our country and concentrate on fixing our economic problems. We have been pushed about as far as we will go. Back off!
1/ the mental inability to view the world as it actually is.
Congress needs to elevate its opinion of the American public. We are not stupid and we are not happy. We also are not impressed by the recent actions of Congress. Congress has taken a bad situation and made it worse by doing the exact oppose of what it should be doing to help this country recover from this recession. Basic economics dictate that the way to stimulate a sagging economy is to lower personal and business taxes - especially small business taxes since most of our new jobs come from this sector. Unemployment has risen and will continue to do so. If unemployment data included those who are no longer eligible for unemployment benefits the unemployment rate would already be in double digits. The first stimulus didn't work. Now you are considering repeating your first mistake. Einstein once stated that the definition of insanity is repeating the same action and expecting different results. Stop the insanity! The American public is slow to anger, but its patience is limited. Stop trying to change our country and concentrate on fixing our economic problems. We have been pushed about as far as we will go. Back off!
Monday, June 15, 2009
Stop Digging
From April 17, 2009:
To Congress,
There is an old saying: when you dig yourself into a hole, the first thing you do is stop digging. STOP DIGGING! No nation has ever spent its way out of a recession. Nothing Franklin Roosevelt did shortened or ended the Great Depression. World War II ended the depression. Before we started gearing up for the war, unemployment was near 20%. Right now, unemployment is 8.5% and rising.
Spending money that we do not have will only cause inflation. We have a big problem and fiscal irresponsibility will only make it bigger. This is not the time to be a Democrat or Republican. It is the time to be an American and work together to strengthen our economy. We can, and should, debate ideologies at a later date.
Signed,
The Electorate
To Congress,
There is an old saying: when you dig yourself into a hole, the first thing you do is stop digging. STOP DIGGING! No nation has ever spent its way out of a recession. Nothing Franklin Roosevelt did shortened or ended the Great Depression. World War II ended the depression. Before we started gearing up for the war, unemployment was near 20%. Right now, unemployment is 8.5% and rising.
Spending money that we do not have will only cause inflation. We have a big problem and fiscal irresponsibility will only make it bigger. This is not the time to be a Democrat or Republican. It is the time to be an American and work together to strengthen our economy. We can, and should, debate ideologies at a later date.
Signed,
The Electorate
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