Following reports that the U.S. economy shed another 95,000 jobs last month, experts finally came up with some encouraging employment news: if hiring trends continue at their current pace, all the jobs lost in this Recession will be recovered...by March, 2020.
And while that's great news for everyone who doesn't starve, go crazy, or lose their job skills over the next decade, it's not exactly the inspirational message that the Democrats want the public to hear just before elections...especially if it causes voters to ask why $800 billion worth of "shovel ready jobs" failed to create even a blip on the unemployment radar.
In the meanwhile, many jobless Americans will have to cut their personal expenses in half if they hope to make it to the year 2020.
And unfortunately, time doesn't fly when your halving funds.
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The future ain't what it used to be.
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9 comments:
Readers- Sorry that today's cartoon wasn't posted at the usual time. Just a small technical glitch which has been repaired.
"...time doesn't fly when your halving funds."
I don't know whether to groan at the fact or the pun.
Once again, let me congratulate the Obama Administration on the success of their social and economic agendas. Their efforts to make us more like the Euro-Socialist states they so admire have been undeniably successful. Our enemies no longer fear us, economic growth has been held at below 2%, and long-term unemployment and underemployment is well over 15%. A whole generation of youngsters will leave school with advanced degrees, only to return home to live in their parent's basements. And millions more of our citizens will either forget or never learn the experience and pride of being self-sufficient, and will instead learn to live at the government's teat. They will anxiously await the next endowment from the state to make their lives better.
Why the Democrats aren't trumpeting this triumph they've worked so long and hard to achieve is just beyond me.
John, you're absolutly right! The Obama regime HAS been very successful at what they do...which is what I always feared!
i thought unemployment was supposed to bottom out at 8%. were the models used to arrive at said 8% the same utilized to arrive at the 2020 figure. If so....i predict 2035 at the latest.
John the Econ- We completely agree. The damage we're seeing to the economy and our country are not "unintended consequences." This is what Obama and the Democrats want - to destroy the existing system and rebuild something more to their liking. And part of that requires reshaping the American spirit into something less individualistic, less independent, and less free.
drozz- The models that predicted a 2020 target for jobs to be recovered say that if the current hiring rate declines by even a little, that previous rate of employment will never be reached. But what could possibly cause hiring to go down any more? Oh yeah - the Democrats tax increases on business!
I've been out of work for almost a year now. Thank God my wife has a good job with benefits!
Soo glad it was just a techno, Stilt!
Brilliant, as always.
LOVED the Quayleism at the end...
Someone was saying the other day that we need to add 150k jobs / month just to keep up w/ population - which seems odd to me as we're about to hit the stride w/ baby boomers beginning to retire in droves, but what ever...
Yes, CLEARLY we need to start REWARDING success again, instead of punishing it.
Pete(Detroit)- Not to worry, I'm not going anywhere! Although...well...okay, I am going on a weekend trip that's going to take me away from the computer a lot. I'll have cartoons posted (and hopefully posting on time) but I may not be able to respond to comments as quickly as I normally like to.
But I'm in this for the long haul...and I must say that the fact there are people reading these cartoons and appreciating them is what helps me get into my chair and start reading the (usually bad) news in the morning. So thank you, everyone!
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