tag:blogger.com,1999:blog-53246864840716464.post9214886549173474998..comments2024-02-29T00:46:38.800-08:00Comments on Washingtons Blog: Unemployment for Those Who Earn $150,000 or More is Only 3%, While Unemployment for the Poor is 31%Unknownnoreply@blogger.comBlogger12125tag:blogger.com,1999:blog-53246864840716464.post-41380856346511062582010-04-28T06:41:24.184-07:002010-04-28T06:41:24.184-07:00Speaking as a former 120k+ earner that had been un...Speaking as a former 120k+ earner that had been unemployed, I will say that the two years I lived off savings was rough. I never thought of collecting unemployment as I detest the nanny government. Now that I'm in the middle class again, I will say that if I lose my job today I will be forced to apply for unemployment. <br />The current economics of the US looks as if we will stretch out the recession 8x longer than it should go. The governments overregulation is what cause the housing/bank collapse. They are currently going about trying to regulate it even more. A bit like trying to fight a forest fire with blow torches.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-15296727070918032762010-04-27T08:20:52.059-07:002010-04-27T08:20:52.059-07:00Supply and Demand
Larger work pool + less demand ...Supply and Demand<br /><br />Larger work pool + less demand = more unemployment<br /><br />Smaller work pool + more demand = less unemploymentJonathan P.noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-14228115242117884082010-04-27T00:35:46.142-07:002010-04-27T00:35:46.142-07:00This article displays some of the worst logic I...This article displays some of the worst logic I've seen in some time. If you don't get it, it's probably why you're poor and unemployed.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-3508759682224403952010-04-26T13:09:17.182-07:002010-04-26T13:09:17.182-07:00We know what happens to the rich in the end: The ...We know what happens to the rich in the end: The Road<br /><br />Nuff said.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-35277778723650976412010-04-26T12:57:30.699-07:002010-04-26T12:57:30.699-07:00computer literacy and education, those without wil...computer literacy and education, those without will eat another aliveAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-25907359750485917812010-04-26T12:54:36.067-07:002010-04-26T12:54:36.067-07:00More tax cuts are needed so that the trickle of fe...More tax cuts are needed so that the trickle of fecal reaches the growing underclass. The Titanic is going down, and only the weathy are allowed access to the lifeboats,Blurtmanhttps://www.blogger.com/profile/04997520846655923035noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-16839096601145827292010-04-26T11:10:22.807-07:002010-04-26T11:10:22.807-07:00Don't you think this is because the executives...Don't you think this is because the executives preserve themselves since they make the decisions? And then down the line the better talent is forced to work for less meaning the previous $50K people are forced to take the $35K jobs, and the previous $35K people then take the $25K jobs and the previous $25k people take the $20K jobs, etc. meaning the truly minimally skilled are left with nothing available because higher skilled people were forced to take their jobs?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-54244695711845288042010-04-26T08:08:19.760-07:002010-04-26T08:08:19.760-07:00While I may not always agree with Arianna Huffingt...While I may not always agree with Arianna Huffington, she is spot on with her comments in this story. It is the media and specifically their rich owners that don't want the real economic pictuure to be seen. Nothing is getting better, jobs continue to be lost (only at a lesser rate) and Wall Street cheers. Government is corrupt as much as corporate America.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-43029723104399710602010-04-25T12:47:26.460-07:002010-04-25T12:47:26.460-07:00Although the report is certainly true, it should a...Although the report is certainly true, it should also be noted that a lot of college graduates are ALSO unemployed....me for one. At this point, and looking forward, I would rather have a good, solid, marketable skill rather than an advanced degree. Things will only get worse and being able to do the "basics" will always be needed. Yes, we are at this point now.Zeenoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-10982628366228263472010-04-25T09:35:49.351-07:002010-04-25T09:35:49.351-07:00Let me first say that I love this blog. I think i...Let me first say that I love this blog. I think it is one of the best news/politics/economics blogs out there. But, isn't it sortof a logical inevitability that unemployment amongst those in the higher income brackets is lower than for those in the lower brackets? How could you have $150,000 in income if you are unemployed? I suppose you could get it from 'unearned income' like investments, but if someone already has that setup they probably are not 'looking' for a job and will not go counted as unemployed.<br /><br />I've no doubt that the current economic situation disproportionately impacts those in the lower income brackets adversely. Is there a form of adversity that does not hurt the poor/weak/sick/disadvantaged more than the rich/strong/healthy/lucky? I'm not saying that there aren't a lot of rich people that committed a lot of fraud that ended up hurting a lot of those who were/are poor. I'm certain there were many. I just don't think the revelation that unemployed people tend to be poor, and poor people are more likely to be unemployed than rich people is all that startling. Perhaps your intent was to show that the overall unemployment figures are skewed positively by the wealthier classes doing A-OK, while the poorer classes are suffering levels of unemployment much higher than the broader reported numbers?<br /><br />Thanks for putting together such a great blog.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-866709179753659102010-04-25T08:47:49.807-07:002010-04-25T08:47:49.807-07:00Clearly we need another round of tax cuts for the ...Clearly we need another round of tax cuts for the wealthy to trickle down to the poor.Blurtmanhttps://www.blogger.com/profile/04997520846655923035noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-45908785689634676372010-04-25T06:50:51.297-07:002010-04-25T06:50:51.297-07:00But let's not have class warfare. Mind your ow...But let's not have class warfare. Mind your own business, close your eyes and shut up.Anonymousnoreply@blogger.com