not see a very different picture...
literally and figuratively...
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Unemployment rate falls in 39 states in June
http://news.yahoo.com/s/ap/20100720/ap_on_bi_go_ec_fi/us_state_unemployment========
Saturday, July 24, 2010
Job creation trumps deficit reduction in poll
[mEDITate-OR:
assume The People think what we thought they thunk...
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Job creation trumps deficit reduction in poll
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Seventy-nine percent believed the United States was still in a recession, up from 74 percent in May, and 52 percent said the economy was not beginning to recover. Twenty-three percent said the economy was getting better, 31 percent said it was getting worse and 44 percent saw no change.
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But more people still blamed former President George W. Bush for the current economic conditions -- 53 percent versus 25 percent who blamed Obama.
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http://www.reuters.com/article/idUSN2225363320100722
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assume The People think what we thought they thunk...
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Job creation trumps deficit reduction in poll
American voters overwhelmingly say lowering unemployment is more important than reducing the federal budget deficit, according to a Quinnipiac University poll released on Thursday.
The poll, conducted July 13-19, showed that 64 percent of respondents thought reducing the jobless rate should be a bigger priority versus 30 percent who favored focusing on cutting the budget deficit.
A majority of Republicans -- 58 percent to 38 percent -- also said reducing unemployment was more important
Seventy-nine percent believed the United States was still in a recession, up from 74 percent in May, and 52 percent said the economy was not beginning to recover. Twenty-three percent said the economy was getting better, 31 percent said it was getting worse and 44 percent saw no change.
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But more people still blamed former President George W. Bush for the current economic conditions -- 53 percent versus 25 percent who blamed Obama.
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http://www.reuters.com/article/idUSN2225363320100722
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Five myths about unemployment VS 5 Things Republicans Can Learn From the Unemployment Benefits Bill
[mEDITate-OR:
spin your own spin on this...
Because THIS issue is the most important to U.S. and not incidentally to the fall elections..., these articles are worth the time to read.
No chart n graphs..., only very good information, and opinions.
Oh, and we also do think that the myths are really myths.
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Five myths about unemployment
1. Unemployment benefits make people less likely to find jobs.
2. Unemployment insurance doesn't contribute to economic recovery.
3. We can't afford to do this right now.
4. The private sector can take care of unemployment on its own.
5. The unemployment rate gives us a good sense of how many people are affected by the downturn.
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5 Things Republicans Can Learn From the Unemployment Benefits Bill
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Inside GOP's strategy on unemployment
The public view of unemployment benefits
Broad support for extending jobless benefits
Q. Because of the economic downturn, Congress has extended the period in which people can receive unemployment benefits, and is considering doing so again. Supporters say this will help those who can't find work. Opponents say this adds too much to the federal budget deficit. Do you think Congress should or should not approve another extension of unemployment benefits?
Should Should not No opinion All 62 36 2
College grads 55 43 3 Non grad 65 33 2
Democrats 80 19 1 Republicans 43 54 3 Independents 59 38 3
Lib Dems 79 20 1 Mod/cons Dems 80 19 1 Lib/mod Reps 57 41 2 Cons Reps 37 60 4
-$50K 69 29 2 $50K+ 53 45 2
Black/Hispanic 82 17 1 Whites 56 41 3
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Small business lending measure clears filibuster + Clears Way for $30 Billion Small Business Fund
[mEDITate-OR:
==========
assume that this one does not matter...
Recently we and they reported to U.S. that the SBA loan program, that was oddly working, had run out of money to lend, but that there was a huge number of applicants that had "approved" loans in the pipeline.
What you - well, everyone - knows is that the largest generator of jobs is in small businesses.
What we - you, them & U.S. - NEED are a lot more jobs.
This measure may have two "economic multipliers":
first, it may make it possible for small banks to lend out up to US$ 300 billion - 10 times the appropriation amount.
second, every dollar that IS lent out will "multiply" through the economy - probably around three (3) times the amount lent.
IF that is true, the total effects of this measure might approach US$ 1 Trillion.
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Small business lending measure clears filibuster
http://news.yahoo.com/s/ap/us_
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Clears Way for $30 Billion Small Business Fund
http://www.businessweek.com/smallbiz/running_small_business/archives/2010/07/senate_clears_way_for_30_billion_small_business_fund.html
Small business lending measure clears filibuster
http://news.yahoo.com/s/ap/us_
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Clears Way for $30 Billion Small Business Fund
http://www.businessweek.com/smallbiz/running_small_business/archives/2010/07/senate_clears_way_for_30_billion_small_business_fund.html
Jobless claims jump in latest week + More Than Forecast = Elevated jobless claims point to weak labor market
[mEDITate-OR:
be surprised that the drop last week did not continue...
Little children LOVE teater-toters, adults may love to watch children on them...
but they do not like to ride them, roller coasters of course, those we love.
So, which one are you on, and is there anything left in your glass?
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How states fared on jobless claims, at a glance
States reporting the largest increases in claims:
New York: Up 18,047, due to layoffs in transportation, service, and public administration industries
Indiana: Up 9,094, due to layoffs in the automobile and service industries
Michigan: Up 7,758
Georgia: Up 6,268, due to layoffs in the construction, trade and manufacturing industries
Florida: Up 5,568, due to layoffs in the construction, trade, service, agriculture and manufacturing industries
States reporting the largest drops in claims:
New Jersey: Down 10,585, due to fewer layoffs in the transportation, warehousing and service industries
California: Down 8,034, due to a shorter workweek during the July 4 holiday and fewer layoffs in the service industry
Massachusetts: Down 3,343, fewer layoffs in the transportation, service and public administration industries
Illinois: Down 1,327, due to fewer layoffs in the construction, trade and manufacturing industries
Oregon: Down 987
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Jobless Claims in U.S. Increased More Than Forecast
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Jobless claims jump in latest week
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Elevated jobless claims point to weak labor market
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Purchases of U.S. Existing Homes Fell in June = Down 5%
[mEDITate-OR:
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Existing Home Sales Down 5% in June
http://www.theatlantic.com/
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not see that we do not see what we will see....
As Daniel @ The Atlantic in 2nd article points out, these NAR numbers are "completed sales", so the full effect of the Buyers Tax Credit is not completed, and the numbers will fall much more next month. That was shown to U.S. the last two months in NAR's "Pending sales" numbers.
So, tis worse than it looks.
http://www.bloomberg.com/news/2010-07-22/purchases-of-u-s-existing-homes-fall-a-second-month-as-tax-credit-fades.html------------
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--------- Chart for cities for MAY existing home sales
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Purchases of U.S. Existing Homes Fell in June
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Existing Home Sales Down 5% in June
http://www.theatlantic.com/
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Sales of previously occupied homes fall 5.1 pct.
http://news.yahoo.com/s/ap/=========
Top Industries giving money to Congress
[mEDITate-OR;
fail not to see that where THEIR money comes from controls where YOUR money goes.
wonder where all those attorneys get all that money..., or not...
What you can also see, if you go to the article, is the top R's & D's contributors.
True, the economy is in bad shape.
Butt, of the joke, of course, is that for The Big Bailed Out Bankers...
and/or
{Y}our congress people, the money is still flowing...
proving once again that all Shiites run down hill...
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Top Industries giving money to Congress
http://politics.usnews.com/congress/industries
Top Industries giving money to Congress
http://politics.usnews.com/congress/industries
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Top 50
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Top 50
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