Friday, July 06, 2012
June Jobs Report: U.S. Adds 80,000 Jobs; Unemployment Rate Unchanged
Until we address the Depression that Wall Street and Republican Fiscal Policies put us in in 2008, when George W Bush was President, and stop pretending that we aren't in a Depression, in order to protect Wall Street and the politicians who front for it in both parties, the unemployment numbers simply won't improve, for there is absolutely no reason for them to.
We see over and over again, that the longer we reward Wall Street and the Banking Sector for crippling the global economy the more they will cripple the global economy. It's not rocket science, we've been here before in the 1930s. The difference is that in the 1930s the politicians weren't terrified of confronting Wall Street and the Banks the way they are today.
We've been here before, and FDR addressed the matter appropriately. Despite the financial sectors considerable disinformation campaign against FDR, he did, in fact, get us out of the Great Depression and set us on a course of prosperity that lasted until Reagan became President and threw it all in the trash can.
And let me be clear about one thing here, if you were a child when President Reagan was in the White House, or you were born after, you are not qualified to comment on the US economy prior to that time ... those who lived in the US prior to Reagan's Presidency, are.
Read the Article at HuffingtonPost
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