Buzz words and campaign slogans seem to be the order of the day. Some 99ers have been out of work for almost three years. Most if not all have lost their homes, their cars, their bank accounts, and pensions. Home foreclosures are slowing down but not because the people are buying homes again, but because the banks are deliberately slowing down the process in an attempt to portray the situation as better than it is.
New jobless claims continue to come in at over 400,000 per week and admittedly not even a third of that number in new jobs is being created, yet they try to tell us that we have only lost 1.2 million jobs this year. I’m sorry propagandists, but this is a mathematical impossibility. And it’s the simplest math, adding and subtracting.
Continue reading “99ers HR 589 Unemployment Extensions – The Jobless Recovery Continues”