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View Diary: Jobless rate hits 8.2%. 'Missing workers' make the situation look better than it is (349 comments)

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  •  Totally nailed it about Romney (2+ / 0-)
    Recommended by:
    pollwatcher, Supavash

    It will by 1982 on steriods.

    For those who don't remember, unemployment under Reagan that year was 10.8.

    We can only hope for those numbers under a Romney regime.

    •  It will be 1932 on steroids (5+ / 0-)
      Recommended by:
      willynel, Supavash, Meteor Blades, ferg, mikeVA

      1982 was a deliberate recession caused by the FED raising interest rates to kill inflation.  What will happen under Romney will be a collapse of the entire worlds monetary system, with the U.S. loosing it's reserve currency status, the collapse of most of the worlds major banks and many countries going belly up.  We'll have to rebuild from there.

    •  Why would you hope for that? (1+ / 0-)
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      To be perfectly honest - I want whoever is president to be sucessful because when they're sucessful, it typically means good things for US Citizens.

      10.8 unemployment - especially the way the US "counts" unemployed is a disaster for citizens.

      Romney and or Obama are never going to have to worry where their next meal comes from and neither could really care where your's or mine come from.

      Be careful what you wish for.

      The care of human life and happiness, and not their destruction, is the first and only legitimate object of good government. - Thomas Jefferson

      by ctexrep on Fri Jun 01, 2012 at 06:56:29 AM PDT

      [ Parent ]

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