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07/03/2010 06:09 PM ID: 84638 Permalink   

Many Jobs Lost Forever

 

Many of the jobs lost in this recession will never return and people will have to train for other careers.

Fewer than 100,000 jobs per month have been created this year, and some economists are predicting that the next recession will hit before the economy has absorbed all of the current losses, with as many as 3 recessions over the next decade.

 
  Source: finance.yahoo.com  
    WebReporter: morganmacleod Show Calling Card      
  Recommendation:  
ASSESS this news: BLOCK this news. Reason:
   
  15 Comments
  
  Many Jobs Lost Forever  
 
Because greedy, unethical, immoral, tax-evading bastard corporations make all their products with slave labor in other countries.
 
  by: Lurker     07/03/2010 06:25 PM     
  good  
 
we can do without all those bankers and brokers.
 
  by: jamesmc   07/03/2010 07:00 PM     
  ?  
 
3 recessions over the next /decade/? People sure like playing doomsayer.
 
  by: velger   07/03/2010 08:32 PM     
  I wonder if  
 
this will lead to a very sharp increase in joining military services?
 
  by: Key2000     07/03/2010 08:34 PM     
  @KEY  
 
It usually does. I know for my local AFCO (recruiting office) recruitment went up by 110% in the space of 3 months back in 2009.
 
  by: wingedpuma     07/04/2010 01:54 AM     
  yes lurker  
 
and congress and states refuse to force industry back to america or force out 20 million illegals taking jobs from american citizens. vote out any incumbent next election for being the traitors they are to the american people!
 
  by: shannon853   07/04/2010 05:51 AM     
  @shannon  
 
How do you propose that government "force" industry back to America while maintaining some semblance of a free country?

BB
 
  by: bbeljefe     07/04/2010 03:16 PM     
  Bush Tax Cuts  
 
Should be allowed to expire as we were told they were TEMPORARY when they were railroaded (using reconciliation) through by a Republican administration.

The results speak for themselves. Unfortunately Obama will be accused of raising taxes if he does EXACTLY as Bush PROMISED. They were to be temporary stimulus.

They were actually a cure for a balanced budget. Something the Republicans didn´t like at the time.

"Large income tax cuts are followed by a bubble and then a crash." http://www.alternet.org/...

Very true.
 
  by: Jim8   07/04/2010 07:00 PM     
  @Jim8  
 
Very well said. Republican voodoo economics is a failure. This depression is proof.
 
  by: Lurker     07/04/2010 07:42 PM     
  Another thing...  
 
State and local governments are hurting very badly because of conservative popular tax cuts and budgets and services slashed to the bone. This was the Republican popular way of doing things and it is now crashing down around them.
 
  by: Lurker     07/04/2010 07:45 PM     
  Nothing much is being done about...  
 
the bankers here in UK. which is crazy! @ jamesmc

You took the words right out of m,y mouth. @Lurker.
 
  by: captainJane     07/04/2010 11:57 PM     
  @Lurker  
 
Crashing down around us.
 
  by: Jim8   07/05/2010 03:33 AM     
  Luker doesn´t understand  
 
So much hate with no logical solution.

I suggest looking into this economist because he isn´t a fear monger & is telling the truth.

As well many republicans predicted this current depression, but unlike lurkers uninformed hate inspired them vs us mentality, it is because of the FED & many bubbles which both parties supported.

Stop the hate & start to learn.

As well these banksters hold office, so there you go.
 
  by: vhan     07/05/2010 04:13 AM     
  @ bbeljefe  
 
I could be wrong but I think what shannon was trying to say is congress and states refuse to (force) make it feasible for industry to come back to the US. To do so that would require lowering taxes on business and low interest loans to expand. We have the largest corp tax in the world.

And it should go without saying they should force out 20 million illegals that broke our law out!
 
  by: hellblazer     07/05/2010 07:43 AM     
  Looks like corporations  
 
used the recession as an excuse to clean out some deadwood. There´s no reason to bring those jobs back.
 
  by: biggfredd   07/28/2010 02:37 PM     
 
 
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