Unemployment Increase Is More Evidence of a Jobless Recovery

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I recently read an article published by CEO Q magazine on economic recovery, the new world order, and the impact of current economic policies. I thought i would share it with you as it has some very interesting facts and insights on the crisis and expected recovery.

Check it out: http://www.ceoqmagazine.com

CH of NV 2:45PM October 22, 2009

I just read the opinion of Rosy from Texas. If you have people like this Niel Evans on your staff, I can now understand how you have whacked and goofy thoughts about what really matters. You should take care of business in your house concerning the disrespectful boy. I say boy because you cant call him a man for acting like that to his momma.

Here is a financial tip that will give you insight into the "jobless recovery" we are experiencing. If the dollar keeps falling in value, we are screwed! Real assets will always go up in value. Maybe that is why Lyndon wanted the silver out of our coins. Another democrat screwing us from beyond the grave.

Jeff of WI 5:23AM October 11, 2009

He is on your staff...

He wants to help kids.. save lives..

Well, I would like to give you a bit of back-ground on him... Outside of the fact that he married into MONEY and became Too Good For his own mother...

Everything I gave to him and his family was sent to the Goodwill... When I finally got the nerve to call him and ask why...

THIS is what YOUR DR... WANT TO SAVE LIVES... CARES ABOUT PEOPLE..

SAID TO HIS OWN MOTHER...

I did call late... well, 9:10 PM... to say... why did you give everything I gave you and your family for Xmas to Goodwill... He hung up on me...

He did call back... 1 minute later... and this is what your Dr... Caring person... Loving person SAID TO HIS OWN MOTHER:

How dare you call me this late... NO I F... ng dare you call me this late... I was asleep... my wife... NO my pregnant wife was asleep... My child was asleep... AND you call me about something so petty...

Don't ever call me again... I never want to see you again... and You will never see your Grand-daughter again.. and you Grand-daughter about to be born... you will never lay eyes on her..

AND when you die... none of your kids will be at your funeral... Because we all HATE you...

Right now... you are probably wondering what type of mother I was... well... I have never been arrested... I do not do drugs... I was at every PTA meeting... I was the cup-cake mom... I never left my kids in child-care... I worked my life around being with my kids at all cost...I never killed anyone... I loved my kids.. and devoted my life to them...

GEE... I was even there to pay for his books in college... NOT his DAD... JUST ME...

BUT... when he graduated Medical School... HE and HIS wife booked a Bed and Breakfast for Him, his wife, his wife's family... and his Father and Grand-mother... THE ones that PAID NOTHING... I was left on my own to book and stay alone where ever I could find...

What a great KID... What a Great SON... What a great Person...

DO I want someone so shallow to care for my friends kids... NO...

I did not raise my son to be this way... His daughter never dresses for a day that does not cost $80.00 plus... of course.. It has to be designer labeled...

I would like to go to a Dr. that I think cares about my kids life... NOT if he can pay for his daughter's new OUTFIT>

SO sad... BUT... HEY... THERE is the DAY... THE DAY when we are all peeled away... and revealed... Core revealed...

I am glad to say.. MY core is good... SAD to say that Dr. Neil Evans has been corrupted with money... and that is his only goal...

NOT LIVES... MONEY...

Harsh words from a mother that loves him... BUT as you can see from above...

I have been dealt some pretty harsh cards...

I fight for my sanity...

Do you kids hate you? Have they told you that they will not be at your funeral...???

Can you think of anything more hateful that a child could say to his mother?

This is Neil Evans

Rosy of TX 2:23AM October 07, 2009

Bonnie Erbe, as well as the current administration, appears to be overly optimistic in their assessment that employment is on the rise! The quality of jobs available to the masses has regressed! Technical, high paying jobs are slipping while menial task jobs are the ones that are available.

The problems are evident in our school systems. Incompetent teachers remain in our schools because they belong to unions that no longer demand qualified teachers instruct our children. Unions protect the unqualified and demand yearly pay increases for these inept 'teachers'! Our taxes are increased to pay for these 'instructors' thereby increasing taxes for the general public, which in turn provides less monies for higher education.

Our 'dumbing down' of education has resulted in a 'second rate' pool of people who are supposed to fill the voids left from older people retiring. This leaves the rest of the World's population able to compete for the tasks that need resolve!

So think again about "recovery"!

Frank Drozdick of MA 6:26PM October 05, 2009

If you go back to the great depression you will find that is when our government spent a lot of money getting our economy back in shape, That is when social security and Medicare was formed. And that is when utilities and many big businesses was regulated. Since then as things got easier, As a result to our short memories we started deregulating and reversing everything they did except socialized Medicare and social security. If you read about government types you will find we have a Republic/democratic/socialized Government. Myself I believe pharmaceutical companies and Hospitals are responsible for the socialized part of America because of there greed and controlling us with there drugs. We either regulate the health industry, Change it back to health care, get a public option or become a socialized health industry country owned by the health industry making America there guinea pigs for all there experiments.

The recovery will work the way it was developed by the most wealthy in this country. Recovery will start at the top and slowly work its way down to the lower middle class. The poor as always will have to fend for themselves. Of course since there is a lot of money in helping the poor, The poor might feel some benefits before the lower middle class. Big business is not our friend, They have no friends.

Small business is the backbone of America and I believe small businesses in large numbers is better than one large company especially for a recovery that will benefit the middle class.

Small business needs to be encouraged and big business needs to be regulated.

It took about five terms to get us out of the depression, So how many terms will it take to get out of a recession?.

Don D. Brock

Don D. Brock of AZ 1:36PM October 05, 2009

Will someone please explain how we can have any other than a jobless economic recovery when we have adopted an economic system wherein jobs are permanently subordinated to creating a profit? No one wants to really work; but, everyone wants to be really rich. So we have become a nation where managing money is of more importance than creating and manufacturing the products of industry; and, the largest proportion of the money is under the control of an increasingly smaller percent of the people, with an increasing proportion of the people having to make do with the same or less. Jobs will not return to the USA until profitable for the manufacturing base to return to the USA. When wages and benefits for Chinese workers equate with those in the USA, we might be putting more people to work in the US.

Stu Luttich of NE 12:29PM October 05, 2009

Typical amnesia from the punditocracy. Reagan produced the original "jobless recovery" but used "expansion" as a cover. Since then, we've not had real job growth, but less unemployment due to a variety of factors. Obama like Clinton, lied his tail off, and now the GOP will recoup its losses without doing anything of note.

Puller58 of TX 5:57AM October 05, 2009

because it don't make sense on what ya saying how can u have a economy recovery if u have a lass group of unemployment of people sit on the side line without job for them to work on that would eat up more on social from other tax payer, and u sucker people say jobless recovery or recovery the economy how is that posible, and your Obama condition @$$ kissing skill are great on that laguage of news and media level. I vote 4 Obama the most lousy president in US history peace i'm out

BlackMagic of CA 10:08PM October 03, 2009

read the dam tittle couldn't undstand what the hell is it about it don't make sense imagine idiot people work from the news and media misslead the people, and imagine how the real leader would missguild their people

Health insurance bills could be hardship for many of CA 9:56PM October 03, 2009

Health insurance bills could be hardship for many

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By RICARDO ALONSO-ZALDIVAR, Associated Press Writer Ricardo Alonso-zaldivar, Associated Press Writer – 32 mins ago

WASHINGTON – Many middle-class Americans would still struggle to pay for health insurance despite efforts by President Barack Obama and Democrats to make coverage more affordable.

The legislation advancing in Congress would require all Americans to get insurance — through an employer, a government program or by buying it themselves. But new tax credits to help with premiums won't go far enough for everyone. Some middle-class families purchasing their own coverage through new insurance exchanges could find it out of reach.

Lawmakers recognize the problem.

"For some people it's going to be a heavy lift," said Sen. Tom Carper, D-Del. "We're doing our best to make sure it's not an impossible lift."

Added Sen. Olympia Snowe, R-Maine: "We have no certainty as to whether or not these plans are going to be affordable." Both are on the Senate Finance Committee, which finished writing a health care bill on Friday.

A new online tool from the Kaiser Family Foundation illustrates the predicament.

The Health Reform Subsidy Calculator provides ballpark estimates of what households of varying incomes and ages would pay under the different Democratic health care bills. The legislation is still a work in progress and the calculator only a rough guide. Nonetheless, the results are revealing.

A family of four headed by a 45-year-old making $63,000 a year is in the middle of the middle class. But that family would pay $7,110 to buy its own health insurance under the plan from the committee chairman, Sen. Max Baucus, D-Mont.

The family would get a tax credit of $3,970 to help pay for a policy worth $11,080. But the balance due — $7,110 — is real money. Maybe it's less than the rent, but it's probably more than a car loan payment.

Kaiser's calculator doesn't take into account co-payments and deductibles that could add hundreds of dollars, even several thousand, to a family's total medical expenses. A Congressional Budget Office analysis estimates total expenses could average 20 percent of income for some families by 2016.

The issue of affordability "has been lurking in the background and is nowhere near resolved yet," said Kaiser's president, Drew Altman. "It's tricky because it doesn't take a lot of people to make affordability a political problem. It just takes some very visible and understandable cases."

At the root of the concerns is the push to cut the overall cost of health care overhaul legislation. Congress is trimming the budget for subsidies to meet Obama's target of $900 billion over 10 years — as the Baucus plan does. It means premiums will be higher than under earlier Democratic proposals.

The trade-off directly affects people who buy their own coverage. For those with job-based insurance, employers would continue to cover most of the costs.

Most of the uninsured are in households headed by someone who's self-employed or works at a business that doesn't provide coverage. It's this group that Democrats are trying to help.

Because health insurance is so expensive, lawmakers recognize that if they're going to pass a law requiring all Americans to get coverage, government has to defray the cost. The size of those subsidies makes an enormous difference.

Under the Baucus bill, a family of four making $63,000 would have to pay 11 percent of its income for health insurance, according to Kaiser. By comparison, an earlier bill from the Senate Health, Education, Labor and Pensions Committee with more generous subsidies required the same hypothetical family to pay about 7 percent of its income for premiums — a difference of about $2,500.

"This is not the loaves and the fishes — you can't just throw some subsidies out there and expect that will take care of everybody's needs," said Karen Pollitz, a Georgetown University professor who studies the insurance market for people buying their own coverage.

The legislation provides the most generous subsidies to those at or near the poverty line, about $22,000 for a family of four. That's where the problem is concentrated because about three-fourths of the uninsured are in households making less than twice the poverty level.

But as income rises, the subsidies taper off.

For a family of four making $45,000, federal subsidies would pick up 71 percent of the premium under the Baucus plan, according to the Kaiser calculator.

For a family with an income of $63,000, the subsidies would only cover 36 percent of the premium.

A family making $90,000 would get no help.

Pollitz said the subsidies disappear rapidly for households with solid middle-class incomes. That could be tricky for a self-employed individual who has a particularly good year financially.

Another problem is that people won't be able to get the insurance tax credits immediately after the bill passes. To hold down costs, the assistance won't come until 2013, after the next presidential election.

White House officials say that while Obama wants the cost of the final bill to stay manageable, it has to provide affordable coverage.

"The president is absolutely committed to making this affordable. That's the whole point," said Linda Douglass, spokeswoman for the White House health reform office.

Douglass said it's premature to draw any conclusions while the bill is being shaped in Congress. But House leaders are also cutting back their legislation to meet Obama's target.

Acknowledging the affordability problem, Baucus' committee voted Friday to exempt millions of people from the requirement to buy insurance and reduce penalties for those who fail to do so. But that would mean leaving at least 2 million more uninsured — not very satisfying to Democrats who started out with the goal of coverage for all.

"I think we've got to do something about it," said Sen. Chuck Schumer, D-N.Y. "We've got to make sure health insurance is affordable for the middle class."

Unemployment Increase Is More Evidence of a Jobless Recovery of CA 9:52PM October 03, 2009

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Bonnie Erbe

Bonnie Erbe

Bonnie Erbe is a contributing editor at U.S. News & World Report and hosts PBS's weekly news analysis program, To the Contrary with Bonnie Erbe. She also writes a weekly syndicated newspaper column for Scripps Howard News Service.

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