There's No Such Thing As A Jobless Recovery

[Yavin4]

That's economic mumbo jumbo designed to ameliorate the masses. If people cannot find work, then the economy can not and will not recover. All positive economic activity that you're seeing is based on two things: (1) Massive government spending and (2) Cheap debt. Both of which are coming to an end in the near future.

Don't be fooled by the propaganda. We've had a net loss of over 2.5 million jobs in less than three years. That does not bode well for our economic future. The government, the media, and the "economoic experts" are lying to you. Your country is in an economic depression.

[tsipple]

1. Wouldn't this be a "Jobloss Recovery"?

I think "jobless" is being way too generous.

[texastoast]

2. No Recovery in Texas

Reliant Energy announced that there will be more layoffs coming because they got out of the energy trading business due to the "stench" of Enron. When WILL Shrub's buddies Ken Lay and Jeff Skilling get "Marthaed"?

There is no recovery. It's all bullshit.

[TreasonousBastard]

3. Of course not....

but this is Shrubspeak.

A recovery is simply defined as two successive quarters of GDP growth, nothing else. Jobs have nothing to do with it.

Of course, whether or not we are in a recovery is irrelevent to those who don't share in it, and a recovery without job or personal income growth is unusual, to say the least. But, job growth tends to lag behind recoveries.

Much of that GDP growth was due simply to the war, which added billions in military spending, and some more of it was corporate spending, much of which was for ways to cut jobs.

It's time to add a few new terms to our pop economic lexicon. It's also time for Shrubbies to stop lying by using the wrong numbers and pointing out irrelevant good news to stop us from thinking about the bad. (as if that will happen...)

[DemocratSinceBirth]

4. I Agree But Time Will Tell

You can not have

rising unemployment

a rising stock market

a rising GDP

for an indefinite length of time


They are mutually exclusive.

[PROGRESSIVE1]

5. Of course there's no such thing as a Jobless Recovery!

The only reason the GDP grew this quarter is because of the HUGE increase in defense spending!!!
Look at all of those jobs going overseas BUSH!!!

[Old and In the Way]

6. Not going to get better, either, under the Roilist Party.

It can't. Their vision is to project US power into every country to maintain control of the oil. But it cannot create an economy with job growth (unless forced conscription) becomes a new definition of jobs).

What the Democrats need to do is promote an entirely different economy focused on renewable, alternative energy. This needs to be our national priority. Our federal government, working with the private sector, should be "priming the pump" with investments in new energy technologies whose twin purposes are to create jobs and extricate ourselves from an oil and blood future.

[dfong63]

7. the operation was a success, but the patient died

[Clete]

8. You are preaching to the choir here.

This is more spin than anyone can stomach.