I read in the paper this morning that we are on the verge of another recession. Another? That implies that we got out of the last one. According to the gummint we did even though the growth numbers have been very tepid and we have had at least one quarter of negative growth. Of course, that means that you have to trust the gummint’s numbers in the first place. Yeah. Trust and gummint are two words that don’t go together during the Obungler reign.
Maybe as far as the growth numbers go we have been in a recovery, but as far as the job numbers go we have been in a jobs recession if not a jobs depression. The unemployment numbers in the fives is totally bogus. It does not count the number of people who have given up looking for work. It does not count the number of people whose jobs went from full time to part time because of Obummercare. It does not count disabled people who wanted to work but couldn’t find a job and went on disability. In other words, employment sucks big time. What demographic has been hit the hardest? Ironically, it is black people. Why does Obumbler hate black people? And why do you black people vote for someone who has screwed you so badly? Are you racist and vote for skin color? Yep!
When you look at the real unemployment numbers, I would venture to say they are on the north side of 12%. On top of that, wages are stagnant as well. One reason is that the cheap labor streaming across our border keeps wages down. You would think that would make black people vote for strong immigration policies but they are being stabbed in the back by Oblunder, the Dimocrat Party (whose policies are bad for blacks which is what you would expect of the party that gave us the KKK), and the useful idiots in the Congressional Black Caucus. The CBC members live well and they don’t have to worry about being thrown out of office as they stab their constituents in the back since their constituents are stupid enough to keep voting for them and the policies that keep them poor, uneducated, unemployed, and dependent upon the gummint. What a racket.
Wages in the IT industry are depressed due to cheap Asian IT labor allowed into the country. IT companies claim there is a shortage of IT people but it is nowhere as severe as they claim. Meanwhile, business has bought off half of the Stupid Party whose members are willing to commit political suicide by refusing to seal the border and allowing future Dimocrat voters to enter the country. Dimocrats, “the party of the little guy”, gets lots and lots of money from business as well. Wall Street now gives as much money to the Dimocrats (if not more) as it does to Republicans. Obongo ain’t known as president Goldman Sachs for nothing.
The economy has sucked for the last seven years despite what the LSM propaganda arm of the Dimocrat Party has been feeding us. It’s gonna continue to suck for the next year, especially with a new recession on the horizon. The Fed is not gonna raise interest rates which means geezers are gonna continue to get screwed.
There are booger eatin’ moh-rons who are gonna vote for Thundeer Rodent Thighs next year thinking that she will be the second coming of BJ and she will bring back his policies. Nothing is further from the truth. Cankles is campaigning against all of those policies. She will double down on Obammy’s policies. She will take this country further to the left which will mean slower growth, higher unemployment, and, of course, another lawless administration with no accountability from either the spineless Stupid Party or the LSM propaganda arm of the Dimocrat Party. We are getting closer and closer to becoming a South American banana republic. We’re even speaking more and more Spanish.
We’re doomed!
Hillary is fucked as long as Trump is in this election. He’s got the black vote. That’s why gals like Diamond and Silk scare the ever-loving-shit out both the RNC/GOPe and the DNC.
Besides, anyone who believes that the rest of the Republican field isn’t beholden to Wall Street are really delusional.
Hey Denny;
I already believe that the age of the Banana republic is here. When you have TRT getting a pass on stuff that was much worse than General Patrius and he got busted and she slides through…When you have I.R.S. Lois Lerner getting a pass for targeting the regimes political enemies, when you have the justice department heavily politicized to support the elitist in D.C. When you have the different agencies of the government arming up. The government exist now to support the politically connected and powerful the rule of law is a joke now. There are 2 sets of laws…one for them in D.C and one for us “little people”. Revolutions have happened for less. Right now the average American citizen is clueless and due to the educational system will remain so. I fear for the Republic
What is “negative growth” . Negative growth is another governmental oxymoron …. the economy contracted, but that has bad connotations so they call it “negative growth”. I guess it’s like I tell everyone about “presentation”: Someone will take more kindly to me telling them that they need a good laxative, as opposed to telling them they are full of shit.
We’re well beyond doomed. I don’t see any way to vote our way out of this. And considering the “more than 50%” of the population that live off government handouts and take from those of us that actually do have jobs ( not from the government) , we’re cirling the drain in a tighter pattern every day. Makes me sick that my children will not have anywhere near the opportunity I had. Let me get off my soap box…
Indeed. Get off your soap box. You’re not at “more than 50%”. Damn close. Negative motherfuckers, mostly non-reproducing, to maybe-reproducing Caucasians who keep railing in the same fashion will goddamn guarantee ensure this bitch goes straight into the Third-world toilet.
Can’t argue with anything you’ve said. Most politicians in The Stupid Party wouldn’t do a thing to actually cut the size of government if it meant they couldn’t give out jobs as rewards to their supporters.
Another Recession – My Ass! Ya’ gotta’ get outa’ da’ one dat “Da’ One” done got us in be’fo’s we’uns can eben be goins on to dat next one.
Seriously though Denny, if there’s no damned recession as the gub’mint says there ain’t, how’s come our youngest Granddaughter stood in line for over 3-1/2 hours to put in an application – AT A WAL-MART! Last week?
She says she could count the number of blacks in the line. Dey sho’ don’t needs to worry much ’bout dat workin’ shit as long as dey got’s deir “Messiah” in charge. That was in the suburbs North of Detroit.
That’s why I call it a “jobs recession” and the gummint unemployment numbers bogus.
Sales at my company are off at least 10%. My buddy works for Cummins and they just announced a layoff for 2000 office employees worldwide because of poor market conditions.
I just need 6 more years and I can exit the rat race.
There is no IT shortage. There is a shortage of people who are willing to work for the depressed wages the imported H-1B people have caused. Also, you can count on the fact that unless you are a rock star who knows some obscure technology the new kids don’t know, once you are over 50 you’ll be replaced by someone willing to take far less money…and you’ll probably not find another job making near the money you were making. The last “re-org” I went through left an awful lot of older employees who were at the top of the pay scale for their job in the unemployment line, replaced by contractors who don’t really speak English. Recession my a$$!
Believe it or not, I turned down a high paying job as a contractor one year after I retired and then two years after I retired. But then, I was one of those dinosaur mainframe sysprogs. A year after I retired, my manager, who despised me, realized that the contractor he hired to replace me could not do in 40 hours what I did in 30 hours so he offered me my old job back s a contractor not once, but twice. There was some other stuff going on as well and he forgot why he had hired me in the first place. I wasn’t a rock star, but I was a pretty good z/OS, Sysplex, and network sysprog. I was happy to say that I was rich enough that I could walk away from a six figure salary.