Jobless claims rise to highest level in 9 months
August 19th, 2010 . by TexasFredJobless claims rise to highest level in 9 months
WASHINGTON (AP) - Employers appear to be laying off workers again as the economic recovery weakens. The number of people applying for unemployment benefits reached the half-million mark last week for the first time since November.
It was the third straight week that first-time jobless claims rose. The upward trend suggests the private sector may report a net loss of jobs in August for the first time this year.
Initial claims rose by 12,000 last week to 500,000, the Labor Department said Thursday.
Construction firms are letting go of more workers as the housing sector slumps and federal stimulus spending on public works projects winds down. State and local governments are also cutting jobs to close large budget gaps.
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Jobless claims rise to highest level in 9 months
Jobless claims rise to highest level in 9 months, but we ALL know.. It’s Bush’s fault. Right?
Today, Aug. 19, 2010, the Dow Jones closed at 10,271.21.
That’s down 144.33 from yesterday, but hey, we ALL know, it’s Bush’s fault… Right?
Mexico’s peso dropped the most in a week as the U.S., the nation’s largest trading partner, said initial jobless claims rose unexpectedly. SOURCE.
I’m pretty sure that’s Bush’s fault too.
New research confirms the existence of a huge plume of dispersed oil deep in the Gulf of Mexico and suggests that it has not broken down rapidly, raising the possibility that it might pose a threat to wildlife for months or even years. SOURCE.
That’s has Bush AND Cheney written ALL over it!
The Obama family is on vacation again. “Instead of politicians and polls, the Obama’s encountered pony farms and ponds. Instead of filibusters, the Vineyard offers fishing. And the only things getting hung out to dry were beach towels.” SOURCE.
Obama must be worn out from all that golf he plays, and blaming Bush for everything has got be tiresome. So, I guess this vacation can be blamed on Bush too.
A spike in layoffs feeds fear of faltering recovery — “Layoffs are back, and that’s bad news for the fragile economic recovery.” SOURCE.
Without a doubt, yep, you guessed it, blame Bush!
And then there’s all those nasty rumors floating around saying that Barack Hussein Obama is a Muslim. The White House says Obama is a Christian, and goes on to say he prays daily. SOURCE.
Surely those wicked accusations were started by Bush and nothing at all to do with the words or deeds of Obama? Yep, it’s Bush’s fault!
Here’s MY big question; WHEN does it become Obama’s fault? When does HE start to accept the blame for the mess this nation is in?
Well, in my opinion he took ownership of the economy with the stimulus bill. Since that bill was signed the economy has only worsened. That is Obama’s fault. Although I am sure he doesn’t see it that way!
When he grows a set a cajones and becomes a man, then he’ll accept responsibility.
Steve — Fully agreed, but, as you said, he’ll never see it that way…
Bob — In other words, NEVER…
But Fred, let’s state the Unstate-able.
And the point that the DEM/MSM so much WANT you to forget:
The DEMORATS have been in complete control of Congress since the middle of Bush’s second term in 2006.
It is the DEMORATS who are entirely responsible since 2006.
For those of you mathematically-challenged, that’s FOUR YEARS that they’ve been Large and In Charge.
BZ
I must say GW DID have a hand in the deficit but near nothing as what the bastards occupying the shithole are trying to blame him for.
As BZ says, they had a 4 year jump on GW, so they can just shut their
fuckin piehole including that MUSLIM halfbreed turd that likes to play the blame game.
Good point BZ! Obama inherited this problem from his own party!
Obama will take every perk he can for him and his family, for as long as it lasts.
He doesn’t care nor has any feeling for anything.
A true narcissistic communist.
He loves his chin-up pose like Mussolini.
He has been this way his whole life.
It’s about time he gets treated as a socialist.
Would that be the Mussolini treatment mrchuck? or a good old fashioned American horsewhipping followed up with a tar and feathering?
Or both?
I read today that BHO is now blaming Congress for his failures as POTUS.
Always On Watch — That SON OF A BITCH has got to blame someone, he’s not going to accept ANY blame…
Well, as BZ said Congress has been under DEMOCRAT control since 2006. The DEMOCRAT rallying cry is always Bush’s 8 years….Totally FALSE, and a bold face lie. However; Bush did have a hand in putting the car in the ditch.. But the Congress we have now and the POTUS has seen fit to not only leave the car in the ditch but dump a whole lot of money into the car….
I love how he blames CONGRESS for his ills, yet GWB was at fault during his term? HOW does that work?… It’s the POTUS fault when it isnt HIM, and it’s congress’s fault when it is? WOW. The liberpuke mindset is boggling…
Who’d have thunk high taxes, more health care costs, more regulation and uncertainty about the next step in the liberal/progressive agenda on businesses would cause unemployment? Well besides anyone who made it through the 4th grade….
This mess is not going to automatically get better IF we have a CHANGE in November. IF we have a GOOD Change, it will take a year. IF we make a mediocre change we will be exactly where we were in 2000.