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RSS New prez needed despite unemployment drop
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Del.icio.usAs January 2012 progresses, the fact that 200,000 new jobs were created in December and that the unemployment rate has dropped to 8.5 percent still does not indicate a trend toward the end of this very long and devastating economic recession.
President Barack Obama has hailed this latest information regarding the economy, but has also said that much more needs to be done. He is right. This president came into office promising to turn this economy around and to improve the employment situation, but just the opposite occurred.
The reason the unemployment rate dropped to 8.5 percent is because so many Americans who are unemployed have simply stopped looking for work because there are no available jobs and so many people are unemployed who are searching for work.
Let’s not kid ourselves: 200,000 jobs being created is peanuts. This country has a long way to go before it is anywhere near a sustainable, viable economic recovery and significant unemployment reduction.
The presidential election of this November will be important. Everyone should vote. We need change in the White House. The current resident has had more than enough time to turn this country around, and he has not been at all successful.
John Amato
Fresh Meadows
©2012 Community Newspaper Group
Let's elect a Republican, and then watch them launch an anti-worker campaign that would make that of Scott Walker in Wisconsin seem mild in comparison. Let's then sit back and watch how they place all power in the hands of employers, attack workers from all sides, and bring us back to 18th century Darwinian Capitalism. It will be really great, where only the fit survive, and those of a weaker nature or ability are left to drown. And should you at some point stumble, and fall, no social safety net will be there to help you get back up on your feet....for you are on your own, as government ought to be small and nominal in nature. Some future.
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