Comments on U.S. nears major recession as jobless claims reach 428,000 as of today.

Go to CuriousAdd a commentGo to U.S. nears major recession as jobless claims reach 428,000 as of today.

Re:
FSI, 'scary', yes; we all need courage at a time like this.

posted by reasons on September 17, 2011 at 2:56 PM | link to this | reply

It's scary what is going on.

posted by FormerStudentIntern on September 16, 2011 at 6:51 PM | link to this | reply

Re: That's not good news, my friend
Sunnybeach7, the news gets worse each day as more such problems are revealed.

posted by reasons on September 16, 2011 at 9:06 AM | link to this | reply

That's not good news, my friend

posted by Afzal_Sunny7 on September 15, 2011 at 6:20 PM | link to this | reply

Re: time for you the ordinary people to say enough and start doing it
Kabu, once we get rid of the current administration, it's full steam ahead. Then, and then only, with govt. handcuffs removed, can ordinary people function as they certainly can -and prosper.

posted by reasons on September 15, 2011 at 5:40 PM | link to this | reply

Wiley, in the U.S. the middle class, indeed, the poor & rich
are, in growing numbers, eager to change administrations for folks dead-set on fewer regulations, lower govt. spending and taxes, so there will be genuine job growth.

posted by reasons on September 15, 2011 at 5:32 PM | link to this | reply

sam444, we must be reading some of the same reports.
According to one, as you mentioned, the unemployed #s are higher because some folks have run out of unemployment insurance and are not included.

posted by reasons on September 15, 2011 at 5:23 PM | link to this | reply

time for you the ordinary people to say enough and start doing it
yourselves. I try ONLY to buy locally made wherever I can even if it costs more. etc and etc,

posted by Kabu on September 15, 2011 at 5:17 PM | link to this | reply

reasons
"It is to the middle class we must look to the safety of England"   (Thackery) Now America must do the same I think.

posted by WileyJohn on September 15, 2011 at 4:46 PM | link to this | reply

The solar company was in trouble well before the loan and I believe people in Washington knew and made the bad loan anyway! Now I suspect there will be the blame game without those who should have denied the loan go unscathed! The Government confounds me at times! As far as I am concerned the claims are only part of the equation for there are many who have exhausted benefits and are still unemployed! Another recession might end up being the straw that breaks the camel's back and the Government declares bankruptcy; for me it is a real possibility and then what a tangled web we weave when we elect a democrat that is so inexperienced that the country takes a nose dive into peril! sam 

posted by sam444 on September 15, 2011 at 3:57 PM | link to this | reply