In response to:

Obama's Misery Index

george33 Wrote: Sep 21, 2012 7:39 PM
I work for a multi-national corporation that pulled back in '08, but now they're going ahead with expansions at several locations. Past recessions have lasted about two years, so it's past time to get back to business. And my company has two competitors that are expanding in a 30 mile radius, so none of them can afford to wait and see how our political scene shakes. That's great for those of us who were laid off in '08. The downside for all of us is that the jobs created by these companies, and others across the country, may lead to the reelection of the fascist dictator in chief.
Jim1653 Wrote: Sep 22, 2012 6:40 PM
Where do you work George? In China/Taiwan/India/Indonesia/SKorea? Where? It surely is not in the USA.
algae Wrote: Sep 21, 2012 7:50 PM
From first appearance I'd say the industry your company is involved in would have to be an aberration. The figures for business hires are indicative of a continued downward trend.

Precious metal mining, oil exploration in the Midwest or suppliers to same would be a couple of quick guesses. *Examples of Commodity wealth generation detached from dollar notes.

To give you an idea how bad the jobs report released on Friday is, consider this fact: The employment situation in the country is so bad that economists can’t accurately measure it with the existing tools they use to measure jobs. In other words, we have entered a period in our country not contemplated by economists. They simply don’t have the tools to measure what’s actually occurring in the jobs market.

Modern economists never imagined a scenario in which a country with as much wealth, power and innovation as United States could stretch out a jobs recession as long as...