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	<title>Comments on: Is the U.S. Economy Headed for a “Jobless Recovery?”</title>
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		<title>By: Bob</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-8886</link>
		<dc:creator>Bob</dc:creator>
		<pubDate>Sun, 13 Dec 2009 21:19:43 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-8886</guid>
		<description>has it occurred to any one we are facing a very serious permanent unemployment Pandemic!!!

Here is the equation and you can do the math using multiples of proportions, relativity and psychoanalysis.

Sir

we are in the midst of thousands of business owners North American wide or possibly worldwide now facing factual decisions and that is paying severance pay to the employees we all have on lay-off.

This is how it looks

small medium and large unionized companies.

Small Companies with 52-week call back rights are now maturing to their 52-week time elapse.  This means thousands of companies coast to coast are now in the process of paying out hundreds of thousands of dollars in severance pay.  This event will create an unprecedented business interruption that will rock the economy financially and psychologically for 1-2 years. This will add large #&#039;S to the unemployed privet sector job community. 

 Small to Medium Size Companies with 104-week call back rights will be maturing to their 104-week time elapse 2010 to Feb 2011.  This means thousands of companies coast to coast will then be in the process of paying out Hundreds of MILLIONS of dollars in severance pay.  This event will create an unprecedented business interruption that will rock the economy financially and psychologically for 3-5 years. This will add large #&#039;S to the unemployed privet sector job community. This will happen 1 year from now DEC 2010 to Feb 2011.

Medium to Large Size Companies with 156 to 206 week call back rights will be maturing to their 156 to 206 week time elapse 2010 to Feb 2016. In this category this means thousands of companies coast to coast will then be in the process of paying out BILLIONS of dollars in severance pay.  This event will create an unprecedented business interruption that will rock the economy financially and psychologically for 1-2 generations. This will add large #&#039;S to the unemployed privet sector job community. This will happen   from now Dec 2010 to Feb 2014.
The ones that want to avoid severance pay-outs will declare bankruptcy.
We have all ready are witnessing seismic events in the private business sector and the Gov is looking for a correction which usually takes place as history shows.  In this age I think there is a GOD Event happening where the entrepreneur who is managing a unionized company realizes we have to start letting go of what was so dear to us.   The frightening part of this is that there is no carrot and stick methodology the government can use to counter act this event.

These events will have a devastating effect on North America as we now know it and I do not see any solution.  It seems to me at this point and time to be an inevitable phenomena which is necessary for what ever is to come after.
  
In a somewhat crude but true analogy it looks like this.  A person has a Wonderful Talented and obedient dog and horse.  The owner could never see the Talent and obedient spirit his animals had because he needed them to produce work on the farm. This owner was always mean spirited to the dog and horse speaking with a hard voice and using a stiff stick on the animals for some time and to his surprise one day the dog and horse vanished from his property.  You see the man finally found his dog and horse again but they could not do anything for him like last time.
He tried to help them he new were he went wrong taking them for granted.  Now he realizes he has to find a new dog and horse and start over. He does this only to find out most of all the dogs and horses are the same. So he stops farming and makes a small garden and closes his curtains.

My wife is a nurse I feel so sad for her and here colleges.  Our hospitals are very busy but as we enter the time that we have already embrace I think our hospitals will be like the TV show M.A.S.H .</description>
		<content:encoded><![CDATA[<p>has it occurred to any one we are facing a very serious permanent unemployment Pandemic!!!</p>
<p>Here is the equation and you can do the math using multiples of proportions, relativity and psychoanalysis.</p>
<p>Sir</p>
<p>we are in the midst of thousands of business owners North American wide or possibly worldwide now facing factual decisions and that is paying severance pay to the employees we all have on lay-off.</p>
<p>This is how it looks</p>
<p>small medium and large unionized companies.</p>
<p>Small Companies with 52-week call back rights are now maturing to their 52-week time elapse.  This means thousands of companies coast to coast are now in the process of paying out hundreds of thousands of dollars in severance pay.  This event will create an unprecedented business interruption that will rock the economy financially and psychologically for 1-2 years. This will add large #'S to the unemployed privet sector job community. </p>
<p> Small to Medium Size Companies with 104-week call back rights will be maturing to their 104-week time elapse 2010 to Feb 2011.  This means thousands of companies coast to coast will then be in the process of paying out Hundreds of MILLIONS of dollars in severance pay.  This event will create an unprecedented business interruption that will rock the economy financially and psychologically for 3-5 years. This will add large #'S to the unemployed privet sector job community. This will happen 1 year from now DEC 2010 to Feb 2011.</p>
<p>Medium to Large Size Companies with 156 to 206 week call back rights will be maturing to their 156 to 206 week time elapse 2010 to Feb 2016. In this category this means thousands of companies coast to coast will then be in the process of paying out BILLIONS of dollars in severance pay.  This event will create an unprecedented business interruption that will rock the economy financially and psychologically for 1-2 generations. This will add large #'S to the unemployed privet sector job community. This will happen   from now Dec 2010 to Feb 2014.<br />
The ones that want to avoid severance pay-outs will declare bankruptcy.<br />
We have all ready are witnessing seismic events in the private business sector and the Gov is looking for a correction which usually takes place as history shows.  In this age I think there is a GOD Event happening where the entrepreneur who is managing a unionized company realizes we have to start letting go of what was so dear to us.   The frightening part of this is that there is no carrot and stick methodology the government can use to counter act this event.</p>
<p>These events will have a devastating effect on North America as we now know it and I do not see any solution.  It seems to me at this point and time to be an inevitable phenomena which is necessary for what ever is to come after.</p>
<p>In a somewhat crude but true analogy it looks like this.  A person has a Wonderful Talented and obedient dog and horse.  The owner could never see the Talent and obedient spirit his animals had because he needed them to produce work on the farm. This owner was always mean spirited to the dog and horse speaking with a hard voice and using a stiff stick on the animals for some time and to his surprise one day the dog and horse vanished from his property.  You see the man finally found his dog and horse again but they could not do anything for him like last time.<br />
He tried to help them he new were he went wrong taking them for granted.  Now he realizes he has to find a new dog and horse and start over. He does this only to find out most of all the dogs and horses are the same. So he stops farming and makes a small garden and closes his curtains.</p>
<p>My wife is a nurse I feel so sad for her and here colleges.  Our hospitals are very busy but as we enter the time that we have already embrace I think our hospitals will be like the TV show M.A.S.H .</p>
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		<title>By: George Atkins</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-6819</link>
		<dc:creator>George Atkins</dc:creator>
		<pubDate>Sun, 11 Oct 2009 20:36:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-6819</guid>
		<description>Well sir, if you check the economic charts during the 1929 Depression
you will see that the period was a jobless recovery. The stock market and the GDP recovered in the early 30&#039;s. But jobs did not recover which is exactly what we have here. The term &quot;Jobless Recovery&quot;, is a cruel hoax on the American public. Hey, maybe we should rename the 1929 Depression the Jobless Recovery of 1929. Check the economic charts for yourself.</description>
		<content:encoded><![CDATA[<p>Well sir, if you check the economic charts during the 1929 Depression<br />
you will see that the period was a jobless recovery. The stock market and the GDP recovered in the early 30's. But jobs did not recover which is exactly what we have here. The term "Jobless Recovery", is a cruel hoax on the American public. Hey, maybe we should rename the 1929 Depression the Jobless Recovery of 1929. Check the economic charts for yourself.</p>
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		<title>By: Stormy Mid-Year Employment Outlook Leaves Investors in the Dark About the Economy's Second-Half Prospects</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-6818</link>
		<dc:creator>Stormy Mid-Year Employment Outlook Leaves Investors in the Dark About the Economy's Second-Half Prospects</dc:creator>
		<pubDate>Mon, 27 Jul 2009 07:04:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-6818</guid>
		<description>[...] second half of the year, it may well stagnate and create a &#8220;jobless recovery,&#8221; a topic well documented by Money [...]</description>
		<content:encoded><![CDATA[<p>[...] second half of the year, it may well stagnate and create a &ldquo;jobless recovery,&rdquo; a topic well documented by Money [...]</p>
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		<title>By: Unemployment Rises, Payroll Losses Far Exceed Analysts' Estimates</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-6816</link>
		<dc:creator>Unemployment Rises, Payroll Losses Far Exceed Analysts' Estimates</dc:creator>
		<pubDate>Thu, 02 Jul 2009 18:43:51 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-6816</guid>
		<description>[...] the recovery does happen, it is likely new jobs will be hard to come by as employers try to make up for lost profits by keeping payrolls leaner and expect existing workers [...]</description>
		<content:encoded><![CDATA[<p>[...] the recovery does happen, it is likely new jobs will be hard to come by as employers try to make up for lost profits by keeping payrolls leaner and expect existing workers [...]</p>
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		<title>By: Management Strategies For a Jobless Recovery</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-6817</link>
		<dc:creator>Management Strategies For a Jobless Recovery</dc:creator>
		<pubDate>Thu, 02 Jul 2009 10:01:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-6817</guid>
		<description>[...] more the norm than the exception. And with 14.5 million workers currently unemployed - and a &#8220;jobless recovery&#8221; in the offing - the population of U.S. managers who are asking the &#8220;what to do&#8221; [...]</description>
		<content:encoded><![CDATA[<p>[...] more the norm than the exception. And with 14.5 million workers currently unemployed &#8211; and a "jobless recovery" in the offing &#8211; the population of U.S. managers who are asking the "what to do" [...]</p>
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		<title>By: After the Layoff: Seven Ways to Ensure Your Success</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-6815</link>
		<dc:creator>After the Layoff: Seven Ways to Ensure Your Success</dc:creator>
		<pubDate>Wed, 01 Jul 2009 22:35:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-6815</guid>
		<description>[...] Money Morning News Analysis:  Is the U.S. Economy Headed for a Jobless Recovery? [...]</description>
		<content:encoded><![CDATA[<p>[...] Money Morning News Analysis:  Is the U.S. Economy Headed for a Jobless Recovery? [...]</p>
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		<title>By: Rebounding Tech Sector Stars Could Play Key Role in U.S. Economy’s Second-Half Rebound</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-6809</link>
		<dc:creator>Rebounding Tech Sector Stars Could Play Key Role in U.S. Economy’s Second-Half Rebound</dc:creator>
		<pubDate>Wed, 01 Jul 2009 10:03:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-6809</guid>
		<description>[...] Money Morning:  Is the U.S. Economy Headed for a &#8220;Jobless Recovery?&#8221; [...]</description>
		<content:encoded><![CDATA[<p>[...] Money Morning:  Is the U.S. Economy Headed for a "Jobless Recovery?" [...]</p>
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		<title>By: Sears Gets Aggressive With Debt Forgiveness</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-6814</link>
		<dc:creator>Sears Gets Aggressive With Debt Forgiveness</dc:creator>
		<pubDate>Mon, 29 Jun 2009 22:38:15 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-6814</guid>
		<description>[...] is slowing down and headed toward a bottom, after which it is expected to go through a &#8220;jobless recovery&#8221; that yields better financial results for companies but no hiring due to lost profits in the [...]</description>
		<content:encoded><![CDATA[<p>[...] is slowing down and headed toward a bottom, after which it is expected to go through a "jobless recovery" that yields better financial results for companies but no hiring due to lost profits in the [...]</p>
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		<title>By: Gerald Spencer</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-6813</link>
		<dc:creator>Gerald Spencer</dc:creator>
		<pubDate>Fri, 26 Jun 2009 20:56:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-6813</guid>
		<description>Mass unemployment will foster mass civil unrest, crime, anger, riots, revolution, etc.  Riots and insurrections are predictable, ala the French and Russian Revolutions, when the people find their situations economically hopeless.  I would hate to live during or after a US revolution, when chaos, lawlessness, armed robbery, murder, rape, and cruelty will be the normal way of life.

If any future US revolution to overthrow the US government is successful (maybe to protest a hopeless economic situation), where will all of the food, fuel, water, sanitation, medicine, and other necessities to support the population come from after the revolution?  These necessities will not exist.  Chaos and total lawlessness will prevail.  Only the very meanest and the most evil will survive in this climate.  We will have then totally destroyed our civilization.  Will all of the city residents starve after a revolution?  The US population probably cannot live off of the land anymore.  Will the city dwellers foray into the country, kill the farmers, and steal the farmer&#039;s food to feed their own families?

Everything of value in the USA will very soon be owned by China and other industrialized nations that create wealth.  The purchasing value of the dollar will approach zero as the US government speeds up the printing presses to cover US government expenses.  Our military, police, firemen, and etc will get paid in freshly printed US dollars that will be accepted in grocery stores and other retail venue, but at many times the number of dollars expected for each item.  Public servants will probably walk off of the job, and try to find another way to feed their own families.  The USA population will then become employees; possibly indentured servants; or maybe even beg to become slaves owned by the foreign countries and/or foreign individuals that will own everything of value in the USA in the very near future.  US citizens might have no options if they want to feed their families?  Our children and our grandchildren might also have to change to the religion (probably not Christian) of the business owner if they want a job.</description>
		<content:encoded><![CDATA[<p>Mass unemployment will foster mass civil unrest, crime, anger, riots, revolution, etc.  Riots and insurrections are predictable, ala the French and Russian Revolutions, when the people find their situations economically hopeless.  I would hate to live during or after a US revolution, when chaos, lawlessness, armed robbery, murder, rape, and cruelty will be the normal way of life.</p>
<p>If any future US revolution to overthrow the US government is successful (maybe to protest a hopeless economic situation), where will all of the food, fuel, water, sanitation, medicine, and other necessities to support the population come from after the revolution?  These necessities will not exist.  Chaos and total lawlessness will prevail.  Only the very meanest and the most evil will survive in this climate.  We will have then totally destroyed our civilization.  Will all of the city residents starve after a revolution?  The US population probably cannot live off of the land anymore.  Will the city dwellers foray into the country, kill the farmers, and steal the farmer's food to feed their own families?</p>
<p>Everything of value in the USA will very soon be owned by China and other industrialized nations that create wealth.  The purchasing value of the dollar will approach zero as the US government speeds up the printing presses to cover US government expenses.  Our military, police, firemen, and etc will get paid in freshly printed US dollars that will be accepted in grocery stores and other retail venue, but at many times the number of dollars expected for each item.  Public servants will probably walk off of the job, and try to find another way to feed their own families.  The USA population will then become employees; possibly indentured servants; or maybe even beg to become slaves owned by the foreign countries and/or foreign individuals that will own everything of value in the USA in the very near future.  US citizens might have no options if they want to feed their families?  Our children and our grandchildren might also have to change to the religion (probably not Christian) of the business owner if they want a job.</p>
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		<title>By: Gerald Spencer</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-6812</link>
		<dc:creator>Gerald Spencer</dc:creator>
		<pubDate>Thu, 25 Jun 2009 14:25:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-6812</guid>
		<description>There is nothing more saddening or devastating than mass unemployment such as exists in countries such as Mexico or India.  I have visited Asia many times on Business in the last century.  Crime, family abandonment, divorce, selling your 12 year old (and younger) daughters to brothels, selling your 12 year old sons to rug weavers, and other bad things increase during these periods of unemployment.  Our basic industries such as steel, computer chip manufacturing, petrochemical refining, appliance manufacturing, tire manufacturing, automobile parts manufacturing, aircraft manufacturing, textiles, and etc. have been decimated and/or totally eliminated from this country by US government Free Trade policies.

Science and Technology will not save the USA economy.  Asian countries are now outdistancing the USA in producing competent scientists and engineers that are even more technically qualified than the US engineers, while the USA produces MBA&#039;s and Economists.  China is a source of enormous scientific talent because the &quot;weeding out&quot; process starts early and continues up the line to produce, at the end, a stream of highly qualified young people, small, of course, relative to the general population of China, but quite large compared to what comes out of US undergraduate programs. The problem is not &quot;weeding out&quot; but rather, the willingness of middle-class American kids to endure the hard work and intense focus that will enable one to avoid being weeded out. The USA idea that one is entitled to slide without effort or friction through the educational system on one&#039;s way to a high salaried job is endemic to the USA culture.  The Asian countries produce very few non-technically educated students.</description>
		<content:encoded><![CDATA[<p>There is nothing more saddening or devastating than mass unemployment such as exists in countries such as Mexico or India.  I have visited Asia many times on Business in the last century.  Crime, family abandonment, divorce, selling your 12 year old (and younger) daughters to brothels, selling your 12 year old sons to rug weavers, and other bad things increase during these periods of unemployment.  Our basic industries such as steel, computer chip manufacturing, petrochemical refining, appliance manufacturing, tire manufacturing, automobile parts manufacturing, aircraft manufacturing, textiles, and etc. have been decimated and/or totally eliminated from this country by US government Free Trade policies.</p>
<p>Science and Technology will not save the USA economy.  Asian countries are now outdistancing the USA in producing competent scientists and engineers that are even more technically qualified than the US engineers, while the USA produces MBA's and Economists.  China is a source of enormous scientific talent because the "weeding out" process starts early and continues up the line to produce, at the end, a stream of highly qualified young people, small, of course, relative to the general population of China, but quite large compared to what comes out of US undergraduate programs. The problem is not "weeding out" but rather, the willingness of middle-class American kids to endure the hard work and intense focus that will enable one to avoid being weeded out. The USA idea that one is entitled to slide without effort or friction through the educational system on one's way to a high salaried job is endemic to the USA culture.  The Asian countries produce very few non-technically educated students.</p>
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		<title>By: Citi Raising Salaries to Offset Lower Bonuses</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-6808</link>
		<dc:creator>Citi Raising Salaries to Offset Lower Bonuses</dc:creator>
		<pubDate>Wed, 24 Jun 2009 19:58:43 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-6808</guid>
		<description>[...] far from growing. Even once the economy starts showing signs of life, the market could experience a jobless recovery where employers try to make up for lost profits by keeping their payrolls slim. Almost 325,000 jobs [...]</description>
		<content:encoded><![CDATA[<p>[...] far from growing. Even once the economy starts showing signs of life, the market could experience a jobless recovery where employers try to make up for lost profits by keeping their payrolls slim. Almost 325,000 jobs [...]</p>
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		<title>By: The Four Secrets to Career Success in a Jobless Recovery</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-6810</link>
		<dc:creator>The Four Secrets to Career Success in a Jobless Recovery</dc:creator>
		<pubDate>Tue, 23 Jun 2009 15:16:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-6810</guid>
		<description>[...] year at the latest. At the same time, however, economists are starting to whisper about a &#8220;jobless recovery,&#8221; an upturn in which the economy and corporate profits advance, but virtually no new jobs are [...]</description>
		<content:encoded><![CDATA[<p>[...] year at the latest. At the same time, however, economists are starting to whisper about a "jobless recovery," an upturn in which the economy and corporate profits advance, but virtually no new jobs are [...]</p>
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		<title>By: Gerald Spencer</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-6811</link>
		<dc:creator>Gerald Spencer</dc:creator>
		<pubDate>Tue, 23 Jun 2009 14:54:05 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-6811</guid>
		<description>National economic wealth is created only when a country grows something in the earth, extracts something from the earth, or makes (manufactures or constructs) something that is consumable (or useful).  Transportation, distribution, warehousing, taxes, sales, delivery, packaging and other similar costs are added to the value (cost) of the product that was initially created by these basic creative efforts.  The USA has almost entirely ceased to generate wealth for future generations.

Industrious nations like China, India, Brazile, Pakistan, and other foreign nations grow wealthy and secure by creating enough products to support their needs with their farms, factories and mines, plus they earn additional currency by creating additional wealth by exporting additional products that they manufactured.  The health of every other business in that economic country depends upon these productive industries.

The US government is selling freshly printed US Bonds (that can be exchanged for title to US real estate) to China and other industrialized wealth generating nations in return for the US dollars that US importing companies paid them to make things for US citizens to consume.  The US government uses these US dollars to pay US citizens for raking leaves, environmental cleanup, mortgage bailout, union retirements, TARP, wars, business failures, government payrolls, social programs, and etc. to stimulate the economy, but this just makes the existing US dollars have less value and less buying power.  These are cosmetic economic stimulation changes that do not correct the structural problem that is the Trade Deficit.</description>
		<content:encoded><![CDATA[<p>National economic wealth is created only when a country grows something in the earth, extracts something from the earth, or makes (manufactures or constructs) something that is consumable (or useful).  Transportation, distribution, warehousing, taxes, sales, delivery, packaging and other similar costs are added to the value (cost) of the product that was initially created by these basic creative efforts.  The USA has almost entirely ceased to generate wealth for future generations.</p>
<p>Industrious nations like China, India, Brazile, Pakistan, and other foreign nations grow wealthy and secure by creating enough products to support their needs with their farms, factories and mines, plus they earn additional currency by creating additional wealth by exporting additional products that they manufactured.  The health of every other business in that economic country depends upon these productive industries.</p>
<p>The US government is selling freshly printed US Bonds (that can be exchanged for title to US real estate) to China and other industrialized wealth generating nations in return for the US dollars that US importing companies paid them to make things for US citizens to consume.  The US government uses these US dollars to pay US citizens for raking leaves, environmental cleanup, mortgage bailout, union retirements, TARP, wars, business failures, government payrolls, social programs, and etc. to stimulate the economy, but this just makes the existing US dollars have less value and less buying power.  These are cosmetic economic stimulation changes that do not correct the structural problem that is the Trade Deficit.</p>
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		<title>By: World Bank's Pessimistic Prognosis Tempers Market Enthusiasm</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-6807</link>
		<dc:creator>World Bank's Pessimistic Prognosis Tempers Market Enthusiasm</dc:creator>
		<pubDate>Mon, 22 Jun 2009 21:35:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-6807</guid>
		<description>[...] In the United States, where the unemployment rate is approaching double-digits, the economy is now expected to shrink by 3% this year, rather than the 2.4% the World Bank predicted in March. This is more consistent with U.S. Federal Reserve Chairman Ben S. Bernanke&#8217;s warning of a &#8220;jobless recovery.&#8221; [...]</description>
		<content:encoded><![CDATA[<p>[...] In the United States, where the unemployment rate is approaching double-digits, the economy is now expected to shrink by 3% this year, rather than the 2.4% the World Bank predicted in March. This is more consistent with U.S. Federal Reserve Chairman Ben S. Bernanke's warning of a "jobless recovery." [...]</p>
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		<title>By: Drop in Continuing Unemployment Claims Could Signal Onset of Recovery</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-6804</link>
		<dc:creator>Drop in Continuing Unemployment Claims Could Signal Onset of Recovery</dc:creator>
		<pubDate>Thu, 18 Jun 2009 22:36:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-6804</guid>
		<description>[...] reported in Money Morning last week, U.S. Federal Reserve Bank Chairman Ben S. Bernanke threw cold water on hope for a full-blown economic rebound when he hinted recently that the U.S. labor market could well be facing a jobless recovery - an [...]</description>
		<content:encoded><![CDATA[<p>[...] reported in Money Morning last week, U.S. Federal Reserve Bank Chairman Ben S. Bernanke threw cold water on hope for a full-blown economic rebound when he hinted recently that the U.S. labor market could well be facing a jobless recovery &#8211; an [...]</p>
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		<title>By: Kent Gregory</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-6803</link>
		<dc:creator>Kent Gregory</dc:creator>
		<pubDate>Wed, 17 Jun 2009 14:11:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-6803</guid>
		<description>The coming jobless recovery is a continuation of the deindustrialization of America.  According to Pat Buchannon &quot;the Bush presidency added a net of 407,000 private sector jobs over eight years, less than 51,000 a year, the worst eight-year record since 1927-35, which includes the first six years of the Great Depression.&quot; ( http://www.humanevents.com/article.php?id=30725).

It is far worse than it appears.  According to the US Census, the population increased by approximately 3,677,518 per year during the Bush years (about 29,420,154 people over eight years), a much faster growth rate than in the 90&#039;s or anytime in history.  That means there was only one new private sector job created for every 72 of those new 29,000,000+ people (29,420,154 population increase / 407,000 net new private sector jobs = 72.28539).

If GM&#039;s and other US companies plan to become competitive is to manufacture in China, the US consumer economy will not recover.</description>
		<content:encoded><![CDATA[<p>The coming jobless recovery is a continuation of the deindustrialization of America.  According to Pat Buchannon "the Bush presidency added a net of 407,000 private sector jobs over eight years, less than 51,000 a year, the worst eight-year record since 1927-35, which includes the first six years of the Great Depression." ( http://www.humanevents.com/article.php?id=30725).</p>
<p>It is far worse than it appears.  According to the US Census, the population increased by approximately 3,677,518 per year during the Bush years (about 29,420,154 people over eight years), a much faster growth rate than in the 90's or anytime in history.  That means there was only one new private sector job created for every 72 of those new 29,000,000+ people (29,420,154 population increase / 407,000 net new private sector jobs = 72.28539).</p>
<p>If GM's and other US companies plan to become competitive is to manufacture in China, the US consumer economy will not recover.</p>
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		<title>By: Europe Suffers Record Employment Losses, With More to Come as Jobless-Recovery Concerns Go Global</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-6806</link>
		<dc:creator>Europe Suffers Record Employment Losses, With More to Come as Jobless-Recovery Concerns Go Global</dc:creator>
		<pubDate>Mon, 15 Jun 2009 20:48:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-6806</guid>
		<description>[...] prediction shares similarities with a Money Morning report last week that U.S. job seekers may find it tough to land new employment as the American economy works its way back from its worst recession since World War II. The potential for a so-called &#8220;jobless [...]</description>
		<content:encoded><![CDATA[<p>[...] prediction shares similarities with a Money Morning report last week that U.S. job seekers may find it tough to land new employment as the American economy works its way back from its worst recession since World War II. The potential for a so-called "jobless [...]</p>
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		<title>By: Gerald Spencer</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-6805</link>
		<dc:creator>Gerald Spencer</dc:creator>
		<pubDate>Mon, 15 Jun 2009 17:09:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-6805</guid>
		<description>I believe that the US government should borrow back some of the US dollars from the same foreigners that US citizens paid in US Dollars to make the things that US citizens consumed, and then throw these same US dollars at the same incompetent wall street financial geniuses that created this financial disaster. That should ghrow some green shoots and stimulate the economy! Are you telling me that this is what President Obama has been doing for the last few months?</description>
		<content:encoded><![CDATA[<p>I believe that the US government should borrow back some of the US dollars from the same foreigners that US citizens paid in US Dollars to make the things that US citizens consumed, and then throw these same US dollars at the same incompetent wall street financial geniuses that created this financial disaster. That should ghrow some green shoots and stimulate the economy! Are you telling me that this is what President Obama has been doing for the last few months?</p>
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		<title>By: Economic Indicators Remain Mixed, But are Showing Improvement</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-6802</link>
		<dc:creator>Economic Indicators Remain Mixed, But are Showing Improvement</dc:creator>
		<pubDate>Fri, 12 Jun 2009 08:30:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-6802</guid>
		<description>[...] shoots&#8221; &#8211; early indications of growth. But he&#8217;s also talked about a &#8220;jobless recovery&#8221; &#8211; a rebound in which growth returns, but companies don&#8217;t resume hiring. In an [...]</description>
		<content:encoded><![CDATA[<p>[...] shoots&rdquo; &ndash; early indications of growth. But he&rsquo;s also talked about a &ldquo;jobless recovery&rdquo; &ndash; a rebound in which growth returns, but companies don&rsquo;t resume hiring. In an [...]</p>
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		<title>By: Gary Wardell</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-6801</link>
		<dc:creator>Gary Wardell</dc:creator>
		<pubDate>Thu, 11 Jun 2009 22:56:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-6801</guid>
		<description>It is time to make it easier for people to retire.

If a person retires before age 65, they can not get Medicare.

No body wants to retire without health care.

Every person who retires should leave a job opened for an unemployed person.</description>
		<content:encoded><![CDATA[<p>It is time to make it easier for people to retire.</p>
<p>If a person retires before age 65, they can not get Medicare.</p>
<p>No body wants to retire without health care.</p>
<p>Every person who retires should leave a job opened for an unemployed person.</p>
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		<title>By: Initial Unemployment Claims Fall, But Overall Claims Continue to Climb</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-6800</link>
		<dc:creator>Initial Unemployment Claims Fall, But Overall Claims Continue to Climb</dc:creator>
		<pubDate>Thu, 11 Jun 2009 20:50:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-6800</guid>
		<description>[...] Such a standstill in job creation may be especially hard to come by in the manufacturing and construction sectors, as Money Morning reported on Wednesday. [...]</description>
		<content:encoded><![CDATA[<p>[...] Such a standstill in job creation may be especially hard to come by in the manufacturing and construction sectors, as Money Morning reported on Wednesday. [...]</p>
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		<title>By: fred monk</title>
		<link>http://moneymorning.com/2009/06/10/jobless-recovery/comment-page-1/#comment-6799</link>
		<dc:creator>fred monk</dc:creator>
		<pubDate>Wed, 10 Jun 2009 22:24:57 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=7669#comment-6799</guid>
		<description>Very nice article?? Thank you Donald</description>
		<content:encoded><![CDATA[<p>Very nice article?? Thank you Donald</p>
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