Here's something you might be interested in.
The San Diego County unemployment rate for October rose to 10.5% from a revised 10.4% in September, according to the California Employment Development Department. The metro area gained 8,100 jobs from September, but lost 52,000 from a year ago. October's number compares with 12.3% for California during the period and 9.5% for the U.S. The big local job gainer was government, up 9,300, primarily reflecting a gain of 5,400 seasonal jobs in local education. Professional and business services also rose 2,000 from September. But leisure and hospitality employment dropped 3,600 in the month, another sign of weak consumer spending. Over the year, manufacturing retail jobs were both down 8,000.
The San Diego County unemployment rate for October rose to 10.5% from a revised 10.4% in September, according to the California Employment Development Department. The metro area gained 8,100 jobs from September, but lost 52,000 from a year ago. October's number compares with 12.3% for California during the period and 9.5% for the U.S. The big local job gainer was government, up 9,300, primarily reflecting a gain of 5,400 seasonal jobs in local education. Professional and business services also rose 2,000 from September. But leisure and hospitality employment dropped 3,600 in the month, another sign of weak consumer spending. Over the year, manufacturing retail jobs were both down 8,000.
The economic destruction by the republican party continues.
Someone turned me on to this guy, Peter Schiff (had never heard of him) on youtube, and he is pretty much in the same position as I am on many of the economic issues;
http://www.youtube.com/user/schiffreport?blend=2&ob=4#p/a
Response to post #1: Yes, the damage done during the Bush years was considerable. Best, Don Bauder
Response to post #2: Peter Schiff is well known. Best, Don Bauder
Response to post #3:
Interesting how we now have to put up with at least eight more years of republican hatemongering and fearmongering after they spent eight years blaming every one of their failures and betrayals on Clinton and the democrats during the Bush years.
Most tragically for America today, the republicans aren’t finished doing damage to America by a long shot, with their spokespersons bringing back memories of Goering (Cheney-Limbaugh) and Goebbels (Rove, et al.), as the republicans in congress produce their daily flow of verbal excrement.
The Tory traitors of 18th century have been replaced by the GOP traitors of the 21st century and they are going to perpetuate the GOP recession with every betrayal they can think of with their deranged minds regardless of consequences.
The one thing we keep learning most about history is that it just keeps getting repeated by hatemongers and fearmongers who want to control the world, and unemployment is just one of their demonic strategies.
Well that was intense...I'm just wondering when you'll be packing those bags and moving to a country where you'll be better off?
In fairness to both Republicans and Democrats, neither party is what's good for this country. Republicans are the exact same monster that the Democrats are. It's all a matter of how much vaseline they use and how hard they f*** you.
Well that was intense...I'm just wondering when you'll be packing those bags and moving to a country where you'll be better off?
By JustWondering
Yeah, and I am just wondering when the GED windbag known was "Just Wondering" will stop trying to put his fat little FINGERS IN the taxpayers pockets.
Response to post #5: One has to wonder if Rove studied Goebbels. Best, Don Bauder
Response to post #5: We don't want Anon to move. His opinions are welcome here. Best, Don Bauder
Response to post #7: Now there is an elegant way to put what everybody knows: both parties are bought off. Best, Don Bauder
Response to post #8: The City of San Diego is close to bankruptcy. Even the business community, which is lobbying for subsidies, knows that. Public employees will have to make some sacrifices. Some will lose their jobs. Best, Don Bauder
Response to post #9 & 10:
As always, thank you for supporting free speech and the best interests of San Diego Don. As the unemployment statistics prove, We The People of San Diego, especially the Reader constituency need all the help we can get today.
Considering the 24/7/365 republican-Tory propaganda spewed by Rupert Murdoch vassals at Fox, WSJ and his many other yellow journalism products throughout the world, one has to wonder if he used Streicher and Der Stermer for his role models.
The most interesting development today is that so many people really believe Fox, and how close they are to adopting the mindset that Der Sturmer created in Germany.
Murdoch is at least the resurrection of 18th century Tory attacks against America.
One has to wonder if history repeating itself, and if Murdoch is grooming Limbaugh to become his next republican president?
Response to post #13: How about this lineup: Sarah Palin for president, Rush Limbaugh for veep, Glenn Beck for secretary of state? Ready? Best, Don Bauder
Response to post #14:
Best wishes to the unemployed, that there is a major improvement in the economy with much greater employment next year.
Let us pray that our political and economic systems make the right things happen with a sense of urgency to rebuild the Land of Opportunity.
Response to post #14: Don't count on any significant economic improvement in 2010 and probably in 2011. The markets are another matter. With unemployment hovering around 10% or higher throughout 2010, the Fed will continue charging zero for loans to member banks. Other countries' central banks will do the same. Bond, stock and commodity markets could continue shooting upward, although bonds are getting about as high as they can get. Today's ocean of liquidity will grow even more. It has to end ignominiously, but maybe not next year. Best, Don Bauder
Response to post #16:
Gosh, and I was taught that we had the best political and economic systems in history, that American Democracy + Capitalism mean that these levels of unemployment, poverty, sickness, starvation, hate, violence, etc. could never happen again after the lessons we learned from the 1929 Depression and WWII.
The reality checks we are experiencing today just prove that we really haven't evolved all that much beyond the chimpanzee after all, we just fail more spectacularly with the ability to fail catastrophically.
Response to post #17: Just so you understand: I do not believe we will sink to anywhere near the low levels of the Great Depression. I believe that realistically, the current recession will continue as long as unemployment hovers around 10% and underemployment around 17%. The National Bureau of Economic Research will probably say that the recession ended in the second half of 2009, but I say it really won't end until we get the employment calamity in hand. And I don't expect that to happen in 2010. Best, Don Bauder
Response to post #18:
Thanks for the clarification Don.
I now think of Congress as a Washington Zoo full of chimpanzees running the country into the ground.
Actually, the San Diego Zoo chimpanzees/bonobos are a lot smarter than their congressional chimpanzees/politicians cousins.
Response to post #19: You are overrating SD pols. Best, Don Bauder