Thursday, September 04, 2003

The Wecovery 

"We" as in weak...

"We" as in "Whaddaya mean, we?"

"Wecovery" as in "W," who's AWOL from this as in everything other than collecting "contributions" from bagmen...

Mark Gongloff of CNN writes:

Payrolls are still 2.7 million jobs thinner than they were when the economy entered a recession in March 2001, the longest period without job growth since World War II.

In fact, though enthusiastic economists see signs that the economy is set to post skyrocketing gross domestic product (GDP) growth in the third quarter, they still doubt payrolls will grow very fast or that the unemployment rate will fall much any time soon.

Great! I'll pay my phone bill with a "skyrocketing economy" ... Oh, wait, I need a paycheck to do that...

The labor market's going to have a long, slow climb," said Ethan Harris, chief economist at Lehman Brothers, which expects payrolls to add 20,000 jobs in August. "Corporate America is going to use whatever means it can to boost output without hiring."

Yikes! And the Bush gang will use whatever means it can to help them—abolish your overtime, slash unemployment benefits, keep the minimum wage to third world levels, outsource its very own phone banks to India....

Say, maybe I could get security guard work—over in Iraq!

corrente SBL - New Location
~ Since April 2010 ~

~ Since 2003 ~

The Washington Chestnut
~ current ~

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