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Old 02-18-2010, 11:27 AM   #1
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Multimedia Map of Unemployment Rates by County

multimediafinal

This video shows the geography of the recession on a county by county basis, from a level of 4.6% in January 2007 to 9.3% in December 2009, data provided by the Bureau of Labor Statistics.

Between January 2007 and November 2008 the unemployment rate rose from 4.6% to 5.6%, or by 1%. Between November 2008 and December 2009 the unemployment rate rose by 3.7%.

But somehow the recession is Bush's fault?
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Old 02-18-2010, 03:24 PM   #2
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Wow, that's a very interesting map. We saw our county go from yellow to dark purple, and it's awful how the whole country is getting darker.

IMHO, the recession was started by the oil companies when they raised gas prices so much. That raised the costs of shipping and transportation, and just spread across the whole economy. Then when they decided to lower gas prices, it was too late to stop the economic downfall.

Doesn't help that the banks were extending all these variable rate loans to people who didn't realize their payments would skyrocket with interest increases.
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Old 02-18-2010, 03:37 PM   #3
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Quote:
Originally Posted by NorthofAda View Post
Between January 2007 and November 2008 the unemployment rate rose from 4.6% to 5.6%, or by 1%. Between November 2008 and December 2009 the unemployment rate rose by 3.7%.

But somehow the recession is Bush's fault?
Uh, yeah.

In politics, as in life, you can't hand someone a steaming pile of dung -- that you've crutched along -- then not expect some analysis when it blows up in the next guy's face.

In sum, George Washington could have been resurrected from the grave and the 2009 numbers would have increased.

That said, this thing better turn in 2010...
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Old 02-19-2010, 04:56 PM   #4
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Wow, that's a very interesting map. We saw our county go from yellow to dark purple, and it's awful how the whole country is getting darker.

IMHO, the recession was started by the oil companies when they raised gas prices so much. That raised the costs of shipping and transportation, and just spread across the whole economy. Then when they decided to lower gas prices, it was too late to stop the economic downfall.

Doesn't help that the banks were extending all these variable rate loans to people who didn't realize their payments would skyrocket with interest increases.
I'm sure that didn't help. In fact the recession is probably what eventually brought gas prices down. People couldn't afford to buy things that needed to be shipped and couldn't afford to travel so demand for fuel went down.

As far as the overall economy goes I realize that the US gov't had a budget surplus at the end of Clinton's term, but we also had job growth under Bush. The Clinton admin was the beginning of the push to ease home mortgage lending practices which of course fed into the whole banking debacle.

There is more than enough finger-pointing to go around in all directions - Democrat and Republican alike.

I would love to see things "turn" in 2010 Zeke, but I don't see how they can. We would have to grow the economy by a HUGE rate to create the millions of jobs needed to put the currently un- and underemployed back to work, and those jobs CAN'T be government jobs. Government jobs are paid for by taxpayers, who pay taxes on their income, who have seen their income erode or disappear altogether.

I don't see that adding to the deficit as the new federal budget does will help in job creation. I see that as creating a further tax burden thereby dampening business' interest in adding personnel.
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Old 02-19-2010, 05:04 PM   #5
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I would love to see things "turn" in 2010 Zeke, but I don't see how they can.
We can start invading countries, again?

Get a couple of old carriers out of mothballs, put some obsolescent attack planes on them, and start bombing places? (We did something like that during Vietnam.)

That's cheap, then we get paid to rebuild cities in our image!!!

Oh, wait. That's colonialism...
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Old 02-19-2010, 05:11 PM   #6
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Originally Posted by Zeke View Post
We can start invading countries, again?

Get a couple of old carriers out of mothballs, put some obsolescent attack planes on them, and start bombing places? (We did something like that during Vietnam.)

That's cheap, then we get paid to rebuild cities in our image!!!

Oh, wait. That's colonialism...
Uh...did you have a particular country in mind? Are we thinking small (Iran), medium (North Korea), or large (China)?

We can't afford the wars we're fighting now.
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Old 02-19-2010, 06:33 PM   #7
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Uh...did you have a particular country in mind? Are we thinking small (Iran), medium (North Korea), or large (China)?

We can't afford the wars we're fighting now.
Not without surety that we get the rebuilding contracts, we can't.
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