On Aug 1, 10:59*am, wrote:
On Aug 1, 10:54*am, "Don White" wrote:





"hk" wrote in message

...

Eisboch wrote:
"hk" wrote in message
m...

U.S. Payrolls Drop 51,000 Jobs; Jobless Rate Rises

By Shobhana Chandra

Aug. 1 (Bloomberg) -- The U.S. unemployment rate rose to the highest
level in more than four years as employers cut jobs again in July,
increasing the threat of a deeper economic slowdown.

Look at it this way. *Of course we are in an economic downturn cycle.
Employers are doing what they need to do in order to stay in business.

If they didn't .... there would be fewer companies around, hiring and
helping to fuel the recovery, when it comes ... and it will.

See? *There's always a silver lining.

Eisboch

*My* concern is that the social safety net has been so decimated in the
last few years that there will be millions more Americans suffering
through long-term unemployment without extended benefits or access to
health care, and many American families will be tossed out of their homes.

While the rich get richer.

I guess they could always join the army for yet another MidEast adventure.- Hide quoted text -

- Show quoted text -

Wow, another productive flame fest.. too bad Chuckies place didn't do
better....- Hide quoted text -

- Show quoted text -

Harry can't go to Chuck's place, no matter how much he and his
girlfriend JimH tried to ruin it, Chuck wouldn't have any of it.

On Fri, 01 Aug 2008 12:13:21 -0400, hk wrote:

I'm not sure the unemployed Americans can afford to relocate to where
the multinationals have sent the jobs.

I am not at all sure the Chinese would have them.

Casady