You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login

Republicans destroy jobs; Democrats ignore jobs [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 11:13 AM
Original message
Republicans destroy jobs; Democrats ignore jobs
Advertisements [?]

It was announced today that jobless claims have risen to 412,000. As I have warned before, the president and Congress are poised to make the same catastrophic policy mistake that FDR and Congress made in 1937. They adopted harsh fiscally conservative policies before the economy had fully recovered, and a bad economy in 1937 relapsed to an even worse economy.

The rise in jobless claims today is a red-flag warning to official Washington. With our debate and policies having moved so far to the right, and I include the Democratic president, the dangers of joblessness rising even higher are real and immediate.

A recent Gallup poll showed the No. 1 issue for voters is the national economy, and the No. 2 issue is jobs, while cutting spending (which also slows the economy) ranks third.

If the jobless rate begins to rise again above the intolerable levels today, which I believe is very likely, voters may run everyone in Washington out of town on a rail.

More at the link --
Printer Friendly | Permalink |  | Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC