U.S. Unemployment Rate Hits 10.2%, Highest in 26 Years

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blue ranger wrote:

Not quite sure how Obama plans to spur business creation and consumer spending when the average consumer has no disposable income to spend. My budgetary income has not changed in the last year. Neither has my projected spending. However In the past year I have found it harder and harder to buy the normal things I need for me and my family. I'd like to know how he is going to spur my spending habits,HA! He keeps touting this unemployment extension, that's great! Those people will be able to, hopefully sustain their families, probably not, until maybe they can find work. That still wont spur the consumer spending that he says is needed to "boost" the economy.

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Ruth Less wrote:

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Negativity is your middle name. Why wait for the president to do something?

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tellthetruth wrote:

I run a business based on construction. Everyone in our business is off by 20% or more.Less sales means less income. less income means less income tax. whats going to happen when they see those numbers next year. More new taxes on me and you!How are the obama followers going to blame this on bush?I think come 2010 when we have elections and throw some of his buddies out we might see some spark.
two of his election promises were, we would not see double digit unemployment figures and no new taxes on the middle income.

Ruth Less wrote:

If there had been no Stimulus Package, we would be in worse shape. The Republicans - also known as the un-Americans - complained about the stimulus. Now it looks like we need another one. Also, the Republicans held up benefits for the unemployed for over a month. They don't care about their fellow Americans - only about defeating President Obama. Sad.

blue ranger wrote:

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I'm not waiting for anything. I simply stated the fact that I have the same income that I did last year and am having a harder time now then last year at supporting my family. I am a public servant. That's what I always wanted to be and that is what I will, probably, always will be. My point is that no matter what the president says about spurring consumer spending, it aint happening in my house. I'm on a fixed income just like those that get a free check. I don't have the option of working overtime to make an extra buck. I don't want a handout. However, if the Gov't is giving freebes to those who won't work then by gosh throw some to those are really trying to provide for their families.

Hellcat wrote:

Get a second job like other people do.
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blue ranger wrote:

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Kinda hard when I already work a job that requires me to be on call three to four nights a week. I get comp time, by the way, for my over time. I have two kids and a frequently ill wife at home. No family close to help take care of family while I work an extra job. I'm not whining by any means, just saying that my income did us just fine up until with in the last year to year and a half. It irritates me to no end to see people abuse gov't assistance programs while there are working families struggling and can't get any.

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Ruth Less wrote:

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You have plenty of time to work a second job instead of being on Topix, conjuring up lies and discord