In response to:

Where Have All the Jobs Gone?

loadstar Wrote: Nov 03, 2012 1:04 PM
Obama had hoped to get more votes in Va. because he has swollen the ranks of federal guvment workers living there. It is truly telling that the 4 highest per capita INCOME (not wealth per se) counties in America are ALL suburbs of Washington, D.C., including Montgomery County, Md., and Fairfax County, Va. Think about that for a minute...their benefits are 400% those of comparable private employees, and their base incomes are at least 20% higher to do similar jobs, but with bullet-proof job security as icing on their cakes-- per the BLS.

Another jobs report came out yesterday and, like so many others before it, the news was disappointing. Our economy is actually growing more slowly this year than it grew last year — somewhere in the 2% range. Normally after a steep decline, the economy would be roaring back at a 5% to 6% clip.

The official unemployment rate is 7.9%, one-tenth of a point higher than last month's number. But the true rate is almost twice that level. Many people who want a full-time job are working part-time instead. And much of the modest increase in economic activity is...