Today on NPR I heard a segment about the recovery. They stated that in the 1930's the term 'A Jobless Recovery' was first used to describe a restoration of the nation's economy from a recession without regaining jobs lost during its impact. David Castelbaum spoke with several authorities on the economy; They stated that a Jobless Recovery is what we are experiencing.
Bah humbug! Ebenezer Scrooge probably coined the term, A Jobless Recovery.
Allow me to ask: How can there be a recovery when people who have lost their jobs are still jobless? The ones that probably recovered are the ones that never lost anything. The ones that lost their jobs are still unemployed. How can they have recovered when they are still out of work? Duhh!
No work, no recovery! You don't need an MBA to recognize that.
Where's the stimulus? Where's the bail-out? Where's the recovery?
Rhetoric can fool just about everyone except the ones that are not in the mood for kool-aid and statements from well compensated 'experts'.
Arsenio.
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P.S. Give me a break: Jay Rockefeller, the liberal never has to worry about where his next meal is coming from!
Recovery smovery!
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P.S. II:
Unemployment in Florida is now 11% or 1,000,000 people out of work.
September 2009 statistics.
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