The number of unemployed is increasing in every state. The 'government' reports the national average is 7.2%. The rate is being under reported. Factor in the underemployed which includes a vast number of those in business for themselves and it's anybody's guess how many people are idle at any given moment. Most of the figures are based upon those receiving unemployment benefits, some 6.5 million, which is at an all time high since records have been kept.
My state of Tennessee is now using its 22 career centers as places to file for unemployment since the normal ways to process the claims are overwhelmed.
When will we hit the bottom in this jobless boom? We may not have seen anything yet.
Obama's economic stimulus plan includes aid to the poor and unemployed — $43 billion to provide extended unemployment benefits through Dec. 31, increase them by $25 a week and provide job training; $20 billion to increase food stamp benefits by 13 percent; $4 billion to provide a one-time additional Supplemental Security Income payment; $2.5 billion in temporary welfare payments; $1 billion for home heating subsidies; and $1 billion for community action agencies.
At the rate we're going, the rest of the stimulus plan may be needed for the poor.
The stimulus package numbers are being thrown around:
The House Democrats' bill provides enough spending - $825 billion - to give every man, woman, and child in America $2,700.
$825 billion is enough to give every person living in poverty in the U.S. $22,000.
President-elect Obama has said that his proposed stimulus legislation will create or save three million jobs. This means that this legislation will spend about $275,000 per job. The average household income in the U.S. is $50,000 a year. more
Of course the administration and the majority in Congress keep telling us they know more than we do and to just shut up and let them 'fix' things.
Just like they have fixed the corruption of the financial markets.
Just like they will fix our military spending by moving troops out of Iraq and into Afghanistan.
Just like they have fixed our enormous foreign aid out flow. How much do we actually give to Israel each year?
Just like we're going to take back the control of our money from the Federal Reserve.
Good Luck Dennis. Watch your back.
We finally got rid of the criminal Bush administration only to usher in another.
We allow it to happen. "We the Sheep." Everyone talks about it but we're still led around and sheared of our assets until we're too old or useless. Slaughter comes next.
Like Sheep to the Slaughter
The implication of sheeple is that as a collective, people believe whatever they are told, especially if told so by authority figures, without processing it to be sure that it is an accurate representation of the real world around them.
The Black Sheep tries to warn its friends with the truth it has seen, unfortunately herd mentality kicks in for the Sheeple, and they run in fear from the black sheep and keep to the safety of their flock.
Having tried to no avail to awaken his peers, the Black Sheep have no other choice but to unite with each other and escape the impending doom.