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View Diary: Unemployment benefits end for hundreds of thousands, but unemployment doesn't (86 comments)

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  •  They may finally have broken it... (12+ / 0-)

    ..the economy, that is.  Of course it was inevitable, but I was expecting maybe one or two more bubble-bust cycles before we came to the realization that there's nothing left for the 1% to loot anymore.    

    I hate to sound like a pessimist, but things will probably have to get worse before people start putting two and two together and realizing that they've been sold a bill of goods the last 30 years.   Maybe then, they'll do something.  

    •  they may have broken the economy (7+ / 0-)

      but there are billions in assets yet to be looted, looking at federal lands, waters, etc.   Add taking away social security benefits but keeping the tax, there may be trillions to loot.    The sky's the limit, think big!

    •  That's the sad part, until Government takes a (1+ / 0-)
      Recommended by:

      fair share of the wealth generated by corporations and high finance trading, unemployment will always hover around 7% or higher. Shrink government, increase unemployment. There's no way the private sector will ever be able to take up the slack created.

      But then that's how the Republican aristrocracy likes it - desperate people willing to work for what ever their benefactors are willing to cough up. That, and they feel so superior waking past begging mothers in the streets.

      If I were a fashion designer, I'd be reintroducing top hats and tails into the high-end fashion circuit. Wouldn't Romney look dandy.

      Romney - his fingernails have never been anything but manicured.

      by Pescadero Bill on Tue May 29, 2012 at 08:10:57 PM PDT

      [ Parent ]

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