Posts Tagged ‘Stimulus package’
10.2% …why aren’t we focused on that?
So i figured I’d post a double whammy tonight. Aside from the problems I see in the health care bill as well as the other 58% of America who are opposed to it. I find the more i comb through the news that one thing has been absent since Friday of last week and that is everyone has conveniently forgotten that our unemployment rate has shot up to the dreaded 10.2% mark. For those of you who grew up in the 90’s ; i was born in 1982 and in 1983 the US was going through a pretty bad recession then, I was only 1 and although i do not remember it I often reflect on what my parents had to endure during that time when we moved from Indiana to Arkansas.
Yea the news sucks and no one wants to continue to sulk over it but it’s not something that we can just ignore. This issue is that big purple elephant in the corner that everyone pretends isn’t there. Anyways, back on point, the more you hear about the health care reform going on in this country you hear less and less about an even bigger issue, unemployment. Now 10.2% is the number that are currently out of work but this number does not reflect those who quit looking or recently got laid off.
Our representatives are doing nothing to fix this and haven’t since it slowly began its ascension to the rate its at now. While people continue to lose jobs and their homes as a result of their job loss we are worried about passing a 1.030 Trillion dollar health care bill. While much of the stimulus money still sits unused.
Obama to be quoted: “The Stimulus Package has saved or created 650,000 jobs”
Real numbers being released every month show a steady loss of jobs between 300,000-500,000 jobs. The package was said to have stopped it from climbing over 8% ..and as you can see it failed in doing so. Auto Industries that failed to run their companies efficiently and hence asked for a bailout, banks who lent money to people who couldn’t pay it back went under and asked for a bailout too.
As it stands right now over 8.3 MILLION people have lost their jobs in the Unemployment report by the Department of Labor – Economic Report for October 2009. Kind of makes that supposedly 650,000 seem like a drop in the bucket. Essentially the government got a blank check from the American people and are now trying to spend their way to recovery while people day in and day out lose their livelihoods, their homes, and everything they have worked their entire life for? So my question is this Congress, when are you going to quit playing with the American peoples hard earned money and actually get us out of this mess, or will we have to find a group who will?
Ryan Price –