It's Over!!!!!

[rudywoofs (Pam)]

I heard on TV yesterday that the recession is over!!! I had no idea! Maybe it just hasn't hit my State yet. Paper and lumber mill shut-downs were on the same newscast.

I really don't want this to go political. It's just such a big surprise to me that the recession is over and everything is back to "normal.."

[Woody]

Well ... I guess we can wager how long before it heads to the politics forum. But seriously ... politics is part of life and should be able to be discussed in a polite manner here in Townhall. Just my 2 cents worth.

[Bravus]

'in a polite manner' - aye, there's the rub

[Woody]

'in a polite manner' - aye, there's the rub

Well ... okay. Let's see if we can do it.

[Amelia]

Quote:

politics is part of life and should be able to be discussed in a polite manner here in Townhall

With that kind of thinking, everything should be in Townhall. Not gonna happen.

[Woody]

Then why is this political topic still in Townhall?

[Tom Wetmore]

Because it isn't political and doesn't have to be... unless the political trolls start frothing at the mouth and make it political.

[Woody]

Perhaps you neglected to read the OP

[rudywoofs (Pam)]

I'm of the opinion that news reporters think we've all just fallen off the turnip truck... the recession is over (they said) because of "all the new jobs" the stimulus packages have provided. Yet no one I know who is out of work has gotten a job due to that. The recession isn't over for anyone I know. People keep losing their jobs because companies are still outsourcing work to foreign countries. We need to keep jobs HERE.....not in Singapore or Korea.

Case in point: There are many places in the US that can manufacture the vaccine for the swine flu. We are using only a small portion of those places. Most of the vaccine is manufactured overseas. The TV news (ABC) reported that we are low on vaccine because these other countries want enough vaccine for *their* population before they will start to send it over to the US.

There was an upswing in the economy right before the Great Depression. What got us out of the Great Depression was WWII and the jobs that it created. I would hope that America learned some lessons from that. We don't need a world war. We need jobs - ones that are being given to companies overseas.

[Woody]

Great observations there Pam.

[GreatLakesGramma]

I read that the recession is over because manufacturing is showing growth. But that growth is not translating into more jobs. In fact, jobs are still being lost. So the recession may be over according to the economists, but that is not helping us one bit. And that growth won't last if people don't start buying those new goods that are being manufactured, and people aren't going to do that so long as other people around them are still losing their jobs.

[rudywoofs (Pam)]

Associated Press 11/6/09 - The unemployment rate has hit double digits for the first time since 1983 — and is likely to go higher. The 10.2 percent jobless rate for October shows how weak the economy remains even though it is growing. The rising jobless rate could threaten the recovery if it saps consumers' confidence and makes them more cautious about spending as the holiday season approaches.

The October unemployment rate — reflecting nearly 16 million jobless people — jumped from 9.8 percent in September, the Labor Department said Friday. The job losses occurred across most industries, from manufacturing and construction to retail and financial.

Economists say the unemployment rate could surpass 10.5 percent next year because employers are reluctant to hire.

the whole story

[Gus Foster]

My study shows that we shall have a major 'double dip' probably early next spring which will make the stock market average to around 4200. The true unemployment rate is about 20.7% according to honest evaluators.

May I suggest you refer to Bob Chapman (you can google his name) or go to www.theinternationalforcastor.com

Bob has the true heartbeat of the economy.

[phkrause]

I wouldn't doubt that figure Gus. I've been unemployed now for 17-18 months, and have run out of my umemployment benefits and no longer collect, waiting for the next extension. So there are probably as many people in the same boat, that have gone past there benefits.

pk

[LifeHiscost]

I wouldn't doubt that figure Gus. I've been unemployed now for 17-18 months, and have run out of my umemployment benefits and no longer collect, waiting for the next extension. So there are probably as many people in the same boat, that have gone past there benefits.

pk

Ten point two may be the assessment from some quarters but some people have said the government has changed the rules to arrive at the 10.2 figure. Another media source, acquainted with the reality of where we in America really are, quoted 22% unemployment as the real figure.

Those who have been unemployed for longer than a certain time are no longer considered part of the work force, therefor are not considered as part of the unemployed percentage.

As one person from, I believe it was Russia said, only in America would they believe that cutting off the bottom of the blanket and sewing it on the top, would make the blanket longer. This was alluding to daylight savings time making the workday longer.

" The words of a wise man’s mouth are gracious,

But the lips of a fool shall swallow him up;

The words of his mouth begin with foolishness,

And the end of his talk is raving madness. "

Ecclesiastes 10:12-14 NKJV

Blessings!

[LifeHiscost]

HEY ALL

MY LAST full time job end with a lay off JUNE 2007

from NOV 2007 UNTIL MAY 2008 I work out of temporary

serves so from JUNE 2008 UNTIL NOW (NOV 2009) I have

been unemployed. the last 5 weeks I have been applying

for just part time jobs with no one hiring now

so it is not over for me

dgrimm60

So 10.2% or 22%. when it happens to yours truly it's always 100%.

That means forgetting the misery of the work week.

Blessings!

[rudywoofs (Pam)]

Yeah....what do you do when the money runs out? You start selling things....but what if nobody wants to buy what you have?

I'm scared I'm going to end up living in my car..

[rudywoofs (Pam)]

My mom lives down the street from me, but she is 84 yrs old.... and she has made it very plain that she doesn't want me to live with her, even though she has a large house.

I don't really have any friends around here where i live who I could turn to.

[Planey]

My mom lives down the street from me, but she is 84 yrs old.... and she has made it very plain that she doesn't want me to live with her, even though she has a large house.

I don't really have any friends around here where i live who I could turn to.

I have a large house to myself so you are more than welcome to share. You could live at one end and me at the other. Share kitchen and laundry but you would have your own bathroom. Of course my home is a little bit more than "down the street" but our employment prospects are better than the USA.

You would, of course, have to learn to speak correct English. That might be a bit of a worry, hehe.

Graeme

[phkrause]

I prefer speaking american myself Phaney. hahaha

pk

[GreatLakesGramma]

Moi aussi!

[LifeHiscost]

Yeah....what do you do when the money runs out? You start selling things....but what if nobody wants to buy what you have?

I'm scared I'm going to end up living in my car..

What are your options for job opportunities where you live, Pam, in the fields with which you have expertise? Do you have something in education that puts you a step ahead for work opportunities? Is going back to school to further your education

a possibility, especially if you had a place to stay?

We are continuing in prayer for God's opportunities for you. Keep looking up!

"For He Himself has said, “I will never leave you nor forsake you.”"Hebrews 13:5 NKJV

Blessings!