Unemployment Up, Worse Than Forecast.

[JAMESBJOHNSON]

http://www.bloomberg.com/apps/news?pid=20601087&sid=aZCXOOaX_XWI

Now theyre saying UH, WE'RE IN A JOBLESS RECOVERY. OBAMA'S FRIENDS AND FAMILY ARE DOING OKAY BUT THE REST OF AMERICA NEEDS TO BE PATIENT.

 

[Jenny_Jackson]

Oh stop with the dooms day shit, JBJ. Obama has a job. Everything is cool.

Haven't you heard?

 

[JAMESBJOHNSON]

Oh stop with the dooms day shit, JBJ. Obama has a job. Everything is cool.

Haven't you heard?

I noticed they increased the numbers for some earlier months. Nice trick to make things look better, then slip it in later.

I do think we're fucked if we dont put people to work.

 

[Jenny_Jackson]

I noticed they increased the numbers for some earlier months. Nice trick to make things look better, then slip it in later.

I do think we're fucked if we dont put people to work.

James, you get out of a depression by producing yourself out of a depression. Bailing out the Auto manufactures who build in Canada and Mexico or bailing out the Banks does NOTHING for production.

Bring our jobs home, put people back to work and this depression will be over in six months.

 

[JAMESBJOHNSON]

James, you get out of a depression by producing yourself out of a depression. Bailing out the Auto manufactures who build in Canada and Mexico or bailing out the Banks does NOTHING for production.

Bring our jobs home, put people back to work and this depression will be over in six months.

JJ

I've said it before; if American companies wanna build plants in China or India and sell their stuff there, fine. But dont make stuff over there for a nickle, sell it to yourself for a $1, and ship it to America to sell for a dollar-fifty. It screws us out of taxes, it unfairly competes with American companies that do play straight, and it defeats the whole idea of our high standard of living.

I mean. the Japs do exactly what I'm suggesting: they build plants in America, use American suppliers and labor, and everyone makes money. Like you say, GM builds cars in China, ships them to Canada-Mexico for assembly, and sells them for American prices.