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2.6 million jobs lost in 2008, the most since 1945

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
SuperTrouper Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-09-09 09:37 AM
Original message
2.6 million jobs lost in 2008, the most since 1945
and the a-holes in the GOP, such as Eric Cantor, are saying that Obama is stroking the fear of joblessness among Americans. The fear is real and the economic meltdown under president Bush is real, too. Hopefully, all of us Democrats, support President Obama's maneuvers to improve the economy to bring much needed jobs back to our country.
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pampango Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-09-09 09:46 AM
Response to Original message
1. I hadn't realize that 1945 had the greatest job losses until 2008. I wonder if they were counting
people getting discharged from the military as WWII ended. Surely it couldn't have been just civilian job losses caused by the ending of the industrial military production.
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leveymg Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-09-09 09:46 AM
Response to Original message
2. Lightbulb! How did we prevent Depression after WWII? GI-Bill. We need one for everyone.
Basically, the government financed returning GIs purchase of homes, subsidized higher education (GIs could attend school full-time and live modestly on the stipend provided), and handed out low-interest gov't backed small business loans.

That worked. We need to do something like that again - and, STOP THROWING TAXPAYER MONEY DOWN THE WALL STREET RATHOLE! That wasn't part of the GI Bill, as far as I can determine.
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SuperTrouper Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-09-09 09:49 AM
Response to Reply #2
3. Excellent point!!
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LiberalFighter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-09-09 10:03 AM
Response to Original message
4. What CNN Money has for years with most jobs lost.
1945 -- 2,750,000
2008 -- 2,590,000
1982 -- 2,130,000
2001 -- 1,760,000
1949 -- 1,510,000


CNN's chart has 2008 as 2,5900,000
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bdamomma Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-09-09 10:08 AM
Response to Original message
5. Obama is not the cause for job loss, we all know that.
they will keep on spewing lies on top of lies to relentlessly go after Obama, they can go to hell.
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LiberalFighter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-09-09 10:14 AM
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6. UCLA reported back in December that there would be 2mill jobs lost in 2009.
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