Comments on: should the government take a portion of the bailout money to temporarly fund unemployment compansation ?

By: Jolly Rancher

Jolly Rancher — Sun, 14 Feb 2010 04:57:50 +0000

You’re beating around the bush. The only way to improve the economy is to become more efficient so that a) more good are produced here, b) we have jobs to be able to afford to buy goods. That means that wages need to fall relative to other countries’ wages. Regulatory costs need to fall relative to other countries’ regulatory costs. Healthcare costs need to fall relative to other countries’ healthcare costs. Environmental costs need to fall relative to other countries’ environmental costs. TAXES need to fall here relative to other countries’ taxes. Energy consumption per product sold needs to fall here relative to energy consumption per product sold in other countries. So either our standard of living must fall as all of those costs fall, OR those costs need to rise faster in other countries OR some combination. Everything else is burping in the breeze.

By: Gem

Gem — Sat, 13 Feb 2010 12:39:25 +0000

We will never fix this problem as long as we point fingers and assess blame.

The reality is that our economy is dead because for the past 10 years we have been offshoring our best jobs while importing cheaper foreign labor. And your beloved Democrats are the ones that did that. And they are the ones that are going to allow amnesty for illegals, thus pushing our salaries down further while increasing welfare & handouts.

Anyway. We need jobs, ***** the finance companies–who are now using our debt to make sure this recession turns into a depression.

What are we going to do when the government runs out of investors buying their bad debt? That day is flying up on us and the “experts” are predicting that the US will need to borrow up to $2 TRILLION dollars in this next year.

So, why worry about unemployment, we better start worrying about social security, disability, government contracts, government employees, medicaid/medicare.

We are in deep crap folks, and if you continue to blame the other party, this is not going to get better.

By: Unite

Unite — Wed, 10 Feb 2010 10:19:57 +0000

Dearly beloved, the government is bankrupt. Anything they distribute at this time is more debt and not worth the paper they use to print the currency.

Beware of the collapse of the dollar. Most failed governments undergo this process. First, you will notice inflation, then hyperinflation and, finally, the currency is not worth anything. No jobs and people barter for food and essentials. Hope you can grasp this issue and be warned.

God bless us all and Merry Christmas.

By: Judy

Judy — Sun, 07 Feb 2010 06:50:57 +0000

Darn it…. why did mcdonalds workers buy $500,000 houses they couldn’t possibly afford?