States with the slowest recoveries
While much of the focus has been on unemployment, jobs are not the only factor determining how states have fared since the recession.
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I keep hearing of a recovery, but I'm not seeing it. I think part of the data is skewed because they base it on how many people are collecting unemployment benefits but many, like myself, have been unemployed so long we've exhausted our benefits and now get nothing. How could they be counting me?
Meanwhile, the quality of life for liberal elites is at an all-time high in Washington, DC.
I notice that Michigan or Ohio didn't make your list, even though both States still have more people unemployed than even live in North Dakota! You also report South Dakota as having a very low unemployment rate, which obviously does not include the many unemployed Crow and Sioux natives living on reservations within the State either.
Also, that reported unemployment rate for 2007 seems very low considering that all of the major cities of the southern Great Lakes region had unemployment rates in the double-digits by then too. My guess is that if the GW Bush administration was willing to neglect to mention that $2 trillion that they stole from Social Security, that also caused them to egregiously under-report the Federal budget deficit that entire time, that grossly under-reporting the actual unemployment rate (or the actual inflation rate too) would have not been outside the realm of logical possibility either!
President Obama has transformed the lives of alot of people during the last 5 years. The middle class transformed into the poor.
People whom were able to own their own homes and live a satisfying life are now transformed into the next generation of welfare recipients, groveling for work at Walmart wages, qualifying for Medicaid health insurance and food stamps, losing their homes to foreclosures.
Well, just to let you know, I am capitializing on this as I am entitled to my own "corporate welfare"
I am buying up foreclosed properties and renting them out to section 8 folks which in effect puts some of the exhorbitant taxes I pay back in my pocket every month.
Keep up the good work Obama
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[BRIEFING.COM] The stock market capped the trading week with losses across the major averages. The S&P 500 fell 0.5% to surrender its weekly gain, while the Dow Jones Industrial Average (-0.7%) and Russell 2000 (-0.9%) underperformed. The two indices posted respective losses of 0.8% and 0.6% for the week.
Equity indices were pressured from the get-go after several heavyweights disappointed the market with their earnings and/or guidance, which led to some broader profit-taking. After ... More
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