tag:blogger.com,1999:blog-6399730406480392183.post8268399577165680721..comments2024-03-12T16:31:22.046-03:00Comments on Viable Opposition: The Low-Wage Employment Recovery - The Illusion ContinuesA Political Junkiehttp://www.blogger.com/profile/03342345936277964422noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6399730406480392183.post-9992424823202738122014-05-13T15:04:16.561-03:002014-05-13T15:04:16.561-03:00But at what cost? The FEDs balance sheet has explo...But at what cost? The FEDs balance sheet has exploded. The nation's debt is unsustainable.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-77669773858339305672014-05-13T10:18:44.292-03:002014-05-13T10:18:44.292-03:00This past economic downturn was NOTHING compared t...This past economic downturn was NOTHING compared to the downturn in the late 1980's! Unemployment rates at 13% nationally, lots of homeless people, etc. At least we did not see that with this downturn.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-33120304375590474072014-05-13T09:52:23.497-03:002014-05-13T09:52:23.497-03:00In most previous recoveries low wage jobs are the ...In most previous recoveries low wage jobs are the first to come back.<br /><br />Higher wage job recovery typically lags behind.<br /><br />The depth of this crisis due to its root as a financial crisis and the lack of stimulus spending (such as infrastructure), as opposed to a recession such as the early 80s recession which was caused by a large increase in interest rates, is why this recovery seems worse.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-65742452741130636252014-05-07T08:28:34.182-03:002014-05-07T08:28:34.182-03:00How do we reconcile the April jobs report that sho...How do we reconcile the April jobs report that showed 288,000 jobs being created and 806,000 people dropping from the work force with economic reality? The question then arises as to how this will spill over to economic policy.<br /><br />My take on the recent jobs report is that as spring comes upon us ever optimistic and more desperate Americans are being pushed into making a decision as to whether to leave the work force or take a lower paying job that is often part time. Yes, people are busy scurrying around, but it should be clarified not at a fast pace. More on why we should not be overly excited about this report in the article below.<br /><br />http://brucewilds.blogspot.com/2014/05/reconciling-april-jobs-report-wit...Bruce Wildshttps://www.blogger.com/profile/10181323607060607040noreply@blogger.com