The Geography of a Recession

Watch this video which provides a time elapsed county by county update to the advancing unemployment. It is both unsettling and confirming. America is being fundamentally transformed right before our eyes.

or you can watch it here:

http://cohort11.americanobserver.net/latoyaegwuekwe/multimediafinal.html

We are in trouble and the administration is not addressing the real issue – UNEMPLOYMENT! No more phony stimulus plans – we need tax cuts and the government to get out of the way.

In the week ending Dec. 12, the advance figure for seasonally adjusted initial claims was 480,000, an increase of 7,000 from the previous week’s revised figure of 473,000. Insured unemployment during the week ending Dec. 5 was 5,186,000, an increase of 5,000 from the preceding week’s revised level of 5,181,000.

Currently, there are 38,093,394 Americans on food stamps. With 15,407,486 Americans “officially unemployed” and 26,486,807 actually unemployed;¬†stimulating job creation should be the primary focus of Congress. However, their role is only to create tax breaks that reward investment the markets will do the rest. The only reason business owners are not investing is because of the government’s over involvement in the market. The government has created fear with talk of Cap & Trade, Healthcare Reform and tax increases so everyone has taken a wait and see attitude.

Wake up America – we can not survive this level of unemployment for long. It will bring another collapse. A jobless recovery is not a recovery. We can not afford anymore wasteful spending or pork barrel politics.

Restore the Republic, Reject the Agenda of the Democrats!

One response to “The Geography of a Recession

  1. I understand that lower corporate taxes and less regulation will provide companies with more cash which they COULD spend on investment and job creation, I don’t agree that it must. True investment is a long term vision that the current public ownership model doesn’t reward. And I’m not sure that anything other than government intervention will convince companies to invest inside the US rather than in foreign facilities (not due to a meddling US government, but due to relatively high US wages due to standard of living factors). A protectionist policy requires an active government role in corporate governance.

    Hasn’t it been government spending that has kick-started every other reversal of growing unemployment?

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