Jobs are disappearing from every sector of the economy from engineering to health care workers forcing hundreds of thousands of families into unemployment and low-paying jobs.
Because what happens is as the economy suffers tax revenues go down. But unlike businesses where at least your variable costs go down in government your variable costs go up: unemployment insurance workmen's compensation health care benefits welfare you name it.
When a great many people are unable to find work unemployment results.
Really the potential for first of all any college graduate today is enormously good. These are good times for anyone with a college degree today particularly African Americans. With a college degree today you really breach the unemployment rate.
I think most people believe success in government is how many fewer people are in government not because you kick them off of benefits like unemployment but they've been able to control their own destiny because private sector employers have created more jobs.
More people on unemployment benefits is not success in America fewer people on not because we kicked them off but because they have been able to get a job in the private sector because government got out of the way.
We are watching industries crumble Wall Street firms disappear unemployment spike and unprecedented government intervention. And our designated opinion leaders want to know: Is Obama up this week? Is he down? And is his leadership style more like Bill Clinton's or Abraham Lincoln's?
In a very weak economy when you say 'cut government spending ' what you mean is you're laying off school teachers and you're de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and don't pay taxes.
The Great Depression like most other periods of severe unemployment was produced by government mismanagement rather than by any inherent instability of the private economy.
Julia progresses from cradle to grave showing how government makes every good thing in her life possible. The weak economy high unemployment falling wages rising gas prices the national debt the insolvency of entitlements - all these are fictionally assumed away in a cartoon that is produced by a president who wants us to forget about them.