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(Breitbart.com)   US jobless rate jumps to 7.2 percent, the highest since 1993, when there was no eBay or Craig's List where you could sell all your stuff to buy food after you got canned   (breitbart.com) divider line 62
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951 clicks; posted to Main » on 09 Jan 2009 at 11:13 AM (5 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2009-01-09 11:15:14 AM
I always find these things tend to fix themselves.
 
2009-01-09 11:17:15 AM
Oh boy. So how high do unemployment and inflation have to be until we hit stagflation?
 
2009-01-09 11:17:38 AM
Yeah it's pretty gnarly out there right now. I think a lot of americans are feeling like their in a bubble and the only ones having hard times but I think the vast majority are in a bad spot or headed to a bad spot.

My company is laying some people off and we actually made a good profit last quarter but we need to streamline. I hate seeing friends get canned... bleah.
 
2009-01-09 11:18:06 AM
I just got laid off, so I'm getting a kick- etc.

Too much Fark, I suppose.
 
2009-01-09 11:18:17 AM
" WASHINGTON (AP) - The nation's unemployment rate bolted to 7.2 percent in December, the highest since early 1993, as nervous employers slashed 524,000 jobs. "

What is that, like...half-a-lifetime ago?
 
2009-01-09 11:20:43 AM
Like father like son.
 
2009-01-09 11:23:36 AM
Sell all your sh*t trifecta in play?
 
2009-01-09 11:23:48 AM
Not to worry! Obama's unicorn calvary will dust away all the unemployment and the $10 trillion national debt! And he'll miraculously capture/kill the other 97% of Al Sadr's Shiite militias who killed our forces but are still at large in Iraq! And then he'll plead with pretty flowers to the Taliban who have a permanent presence in 72% of Afghanistan!

/suck it, bleeding heart libs
 
2009-01-09 11:25:09 AM
I got laid off and am selling my shiat on eBay and Craigslist so I'm really getting a kick etc....



/No, not really gettin' a kick.
//This Sucks
///I remember the days when bank robbery was when YOU robbed IT
 
2009-01-09 11:26:00 AM
and battlestar galactica is starting next week, so I think this is apropos:

"all this has happened before, and it will happen again"

We've got a republican on the way out and a democrat on the way in, under very similar circumstances. It's like the last 15 years never even happened.
 
2009-01-09 11:26:21 AM
Jack and Jill were the last to be hired and somebody had to go. The boss didn't know whether to lay Jill or Jack off.
 
2009-01-09 11:26:34 AM
jeffwashingdc

Forgot a number of Obama memes, and a bit too over the top for an opening gambit. I'll give it a 4/10.
 
2009-01-09 11:28:25 AM
I'm waiting to buy shiat from broke people. I might feel guilty of robbing people of their possessions, but at least someone gets to enjoy them!
 
2009-01-09 11:28:27 AM
jeffwashingdc: Not to worry! Obama's unicorn calvary will dust away all the unemployment and the $10 trillion national debt! And he'll miraculously capture/kill the other 97% of Al Sadr's Shiite militias who killed our forces but are still at large in Iraq! And then he'll plead with pretty flowers to the Taliban who have a permanent presence in 72% of Afghanistan, ALL OF WHICH Bush and the Neocons CAUSED.

/suck it, Repubs and Neocons


FTFY
 
2009-01-09 11:31:01 AM
Tanski: I'm waiting to buy shiat from broke people. I might feel guilty of robbing people of their possessions, but at least someone gets to enjoy them!


Please come and shop at my house, that way I'll save eBay fees.

/Almost not kidding...
 
2009-01-09 11:32:08 AM
My retail store is in the process of closing down. They gave us a 13 days notice. None of us peons know where we are going to be, whether its the pink slip or to relocate at another store. But at least I have my college degree. If shiat like this continues, I think I'm just going to go straight to grad school and stay there for a couple of years to get some internships.

I don't know how some of you fathers and husbands do it. In the meantime, I'm going to try to pinch 40 bucks out of my budget upgrade my system, and spend more time playing Oblivion.
 
2009-01-09 11:34:11 AM
Remember when people on Fark could discuss politics without appearing mentally retarded?

Me neither.
 
2009-01-09 11:35:41 AM
Man its a real shame that all the 'Hitler built great roads and made the trains run on time' money that OBAMA is going to spend will have to go to union contractors.....

Or else they could hire a bunch of the un-employed to dig ditches and hold road closed signs and carry buckets of gravel.

Man I can just see all the high tech layoffs carrying buckets of gravel....its so office space. Good for your moral fiber.
 
2009-01-09 11:37:20 AM
Don't consider it being laid off, consider it a long term unpaid vacation.

//See, everything is OK when placed in the proper wording.
 
2009-01-09 11:53:46 AM
jeffwashingdc: Not to worry! Obama's unicorn calvary will dust away all the unemployment and the $10 trillion national debt! And he'll miraculously capture/kill the other 97% of Al Sadr's Shiite militias who killed our forces but are still at large in Iraq! And then he'll plead with pretty flowers to the Taliban who have a permanent presence in 72% of Afghanistan!

That was the plan, right? Apres moi, le deluge.
 
2009-01-09 11:55:23 AM
coco ebert: Oh boy. So how high do unemployment and inflation have to be until we hit stagflation?


Where do you see inflation? (In past 9 months)

Ya, srsly.

Inflation isn't a problem. Yet.
 
2009-01-09 11:56:42 AM
Is that a real pancho or is that a Sears pancho: Tanski: I'm waiting to buy shiat from broke people. I might feel guilty of robbing people of their possessions, but at least someone gets to enjoy them!


Please come and shop at my house, that way I'll save eBay fees.

/Almost not kidding...


I'm in. Mostly looking for a boat, but I can stockpile in my garage.

/I'm losing my job tomorrow because of karma
 
2009-01-09 12:07:38 PM
Giblet: Inflation isn't a problem. Yet.

it's just waiting for a trillion-dollar injection of newly printed cash to enter the economy.

i live through the 70s. it wasn't fun. i paid 20 percent interest on my first car loan
 
2009-01-09 12:08:01 PM
Thank God I left Citi and joined the government.

Where are your bonuses now, assholes?!?!?

HAHAHAHAHAHAHAHAHAHA
 
2009-01-09 12:10:55 PM
How did subby know what my financial plans are?

GET OUT OF MY MIND!
 
2009-01-09 12:11:46 PM
jeffwashingdc: Not to worry! Obama's unicorn calvary will dust away all the unemployment and the $10 trillion national debt! And he'll miraculously capture/kill the other 97% of Al Sadr's Shiite militias who killed our forces but are still at large in Iraq! And then he'll plead with pretty flowers to the Taliban who have a permanent presence in 72% of Afghanistan!

/suck it, bleeding heart libs



Don't be an ass if you can help it. Bush still owns 95% of the current trouble and neither candidate expressed any ideas for a plan that stood any chance of working.

This whole dimwitted idea of fixing the mess we got into by living beyond our means - by further living beyond our means - is being pushed by both parties. Until Obama has wasted $8.7 trillion with nothing to show for it, like Bush has done, the wise American will just comment "Let's see what this clown can accomplish."

At least Obama wants to stop borrowing money from China to spend it in Iraq, then turn to you and say "cough-up, biatch, and where's your son, we need to kill him to keep oil cheap you snivelling little coward".

And before you even start that overused, retarded, NASCAR-lifestyled, tuhrrist-fearing, blithering rant about "libruhls", I voted for Ron Paul you poseurpublican loser.
 
2009-01-09 12:13:48 PM
Aren't people who are unemployed for over 6 months or something removed from the register? Would the true rate be higher?
 
2009-01-09 12:14:58 PM
Tanski: Is that a real pancho or is that a Sears pancho: Tanski: I'm waiting to buy shiat from broke people. I might feel guilty of robbing people of their possessions, but at least someone gets to enjoy them!


Please come and shop at my house, that way I'll save eBay fees.

/Almost not kidding...

I'm in. Mostly looking for a boat, but I can stockpile in my garage.

/I'm losing my job tomorrow because of karma


Sorry, no boat. But there are alot of antiques as I used to have a store in the 90's when Clinton times were good and people had money to spend.

I'm also really gettin' a kick out of the snarky posts by those still employed. There by the grace of the invisible cloud being go you.

/Umemployment happens to the best of us.
//Not everything in life is under your control.
 
2009-01-09 12:16:06 PM
albo: Giblet: Inflation isn't a problem. Yet.

it's just waiting for a trillion-dollar injection of newly printed cash to enter the economy.

i live through the 70s. it wasn't fun. i paid 20 percent interest on my first car loan



Yes, but just because it's bound to rain someday doesn't mean you can just stand around biatching about that future rain on a sunny deflationary day like this w/o someone throwing half a kraut-dog at you in disgust.
 
2009-01-09 12:18:52 PM
Cormee: Aren't people who are unemployed for over 6 months or something removed from the register? Would the true rate be higher?

You win, the "true reality" umemployment rate which includes those who have been discouraged enough to give up looking for work is supposedly around 12%. I think the current 7% rate is decided by only those currently collecting unemployment bennies.
 
2009-01-09 12:19:14 PM
albo: Giblet: Inflation isn't a problem. Yet.

it's just waiting for a trillion-dollar injection of newly printed cash to enter the economy.


You are aware, aren't you, that about $7-trillion just went up in smoke?
 
2009-01-09 12:26:14 PM
Is that a real pancho or is that a Sears pancho: Cormee: Aren't people who are unemployed for over 6 months or something removed from the register? Would the true rate be higher?

You win, the "true reality" umemployment rate which includes those who have been discouraged enough to give up looking for work is supposedly around 12%. I think the current 7% rate is decided by only those currently collecting unemployment bennies.


16.5% according to this here thread in the business section (new window)
 
2009-01-09 12:26:18 PM
wkiernan: albo: Giblet: Inflation isn't a problem. Yet.

it's just waiting for a trillion-dollar injection of newly printed cash to enter the economy.

You are aware, aren't you, that about $7-trillion just went up in smoke?



Except that nobody's suffering smoke inhalation cuz that $7T was imaginary. Yeah, I know the effect is the same. Just sayin'.
 
2009-01-09 12:28:08 PM
The rate is calculated based on Unemployment Insurance benefits, based on a formula that includes relatively little in the way of meaningful information, to wit, eligible claims filed and weeks paid.

It does not include those who have never worked, who have exhausted all benefits and cannot file, or who are unemployed but not eligible for benefits.

The REAL rate of unemployment is nearly 20%, that's 2 out of every 10 people walking around breathing air.

/Yes, it is staggering.
//Yes, I do work for the gubment.
///Yes, it's the part that deals with Unemployment Insurance.
////Yes, I do know what I'm talking about.
//No, I'm not citing sources (suck it, crybaby).
 
2009-01-09 12:31:14 PM
thinks_on_feet: The rate is calculated based on Unemployment Insurance benefits, based on a formula that includes relatively little in the way of meaningful information, to wit, eligible claims filed and weeks paid.

It does not include those who have never worked, who have exhausted all benefits and cannot file, or who are unemployed but not eligible for benefits.

The REAL rate of unemployment is nearly 20%, that's 2 out of every 10 people walking around breathing air.

/Yes, it is staggering.
//Yes, I do work for the gubment.
///Yes, it's the part that deals with Unemployment Insurance.
////Yes, I do know what I'm talking about.
//No, I'm not citing sources (suck it, crybaby).



Did you count the under-employed (organic chemistry doctorates sweeping WalMart aisles)?
 
2009-01-09 12:39:41 PM
Tanski: Is that a real pancho or is that a Sears pancho: Tanski: I'm waiting to buy shiat from broke people. I might feel guilty of robbing people of their possessions, but at least someone gets to enjoy them!


Please come and shop at my house, that way I'll save eBay fees.

/Almost not kidding...

I'm in. Mostly looking for a boat, but I can stockpile in my garage.

/I'm losing my job tomorrow because of karma


In a past life you laid off others?
 
2009-01-09 12:45:14 PM
Giblet: No, the rate I mentioned (20%) does not include "under employed" -- people who bring skills, knowledge and ability (what we call SKA), to the marketplace and find their education, background, training, what have you, is no longer (or has never been) in demand.

I'm talking to you, English and History majors.

If you factor in the under employment figures (and these are, not surprisingly, hard to pin-point), you could be talking another 15 to 20%.

It's easy to be glib about all this shiat when you're working and able to pay your mortgage and haven't made any seriously stupid financial mistakes or otherwise overspent your ability to pay back... but when the rate is this high, and the jobs are still leaving the country/state/town where you live?

The smile tends to get a little forced and the stress begins to build. Then a couple cops in different cities shoot a couple unarmed dudes. Then someone throws a rock. Then a cop hits someone with a truncheon. Then someone shoots a cop.

It can get ugly in a heartbeat, and then the gubment flips the switches and there is no cell reception, no land lines, no TV, no interwebs... and that's Marial Law.

/Doom and Gloom.
 
2009-01-09 12:46:55 PM
Martial Law.

Marial Law is when you're married... and that's probably worse.
 
2009-01-09 12:51:11 PM
xynix : Yeah it's pretty gnarly out there right now. I think a lot of americans are feeling like their in a bubble

Americans

they're

/youre fired rofl
 
2009-01-09 12:55:20 PM
thinks_on_feet: The rate is calculated based on Unemployment Insurance benefits, based on a formula that includes relatively little in the way of meaningful information, to wit, eligible claims filed and weeks paid.

It does not include those who have never worked, who have exhausted all benefits and cannot file, or who are unemployed but not eligible for benefits.

The REAL rate of unemployment is nearly 20%, that's 2 out of every 10 people walking around breathing air.

/Yes, it is staggering.
//Yes, I do work for the gubment.
///Yes, it's the part that deals with Unemployment Insurance.
////Yes, I do know what I'm talking about.
//No, I'm not citing sources (suck it, crybaby).



So it's actualy worse than I thought. My bennies are running out this month and I might lose car and apt and have nowhere to go.

/Keeps chin up
//Que sera sera...
 
2009-01-09 12:57:01 PM
jeffwashingdc: Not to worry! Obama's unicorn calvary will dust away all the unemployment and the $10 trillion national debt! And he'll miraculously capture/kill the other 97% of Al Sadr's Shiite militias who killed our forces but are still at large in Iraq! And then he'll plead with pretty flowers to the Taliban who have a permanent presence in 72% of Afghanistan!

/suck it, bleeding heart libs


You're confusing what Obama is going to fix. He is going to fix "My" (read: anyone and everyone) problems.

As in: fark the country, I don't give a shiat as long as I gets mines. These richie rich park avenue motherfarkers? fark em. Obama is gettin me mines.
 
2009-01-09 01:04:26 PM
lordargent: xynix : Yeah it's pretty gnarly out there right now. I think a lot of americans are feeling like their in a bubble

Americans

they're

/youre fired rofl


My bad...

/and that's one of my personal pet peeves
//hung over
 
2009-01-09 01:04:37 PM
canadianloon: I always find these things tend to fix themselves.

as long as it doesn't affect you, ay, repug?
 
2009-01-09 01:38:12 PM
Sears Poncho: I wasn't calling the unemployed crybabies... I was talking to the pseudo-intellectual dipfarks (AKA, right wingers) who never accept any statement reflecting a potentially negative view of the gubment without a body of data in evidence.
 
2009-01-09 01:43:11 PM
thinks_on_feet: Martial Law.

Marial Law is when you're married... and that's probably worse.



Martial law won't play out as the gummint thinks it will. I've seen some of the proposed strategies and they're woefully inadequate when they're not downright retarded. Yeah, that's redundant.

They're adequate for some localized rioting, but martial law would result in widespread rebellion.

Anyone who doubts this apparently missed out on what a few hundred ill-equipped Iraqi insurgents managed to do under similar circumstances these past few years. Imagine a thousand times as many insurgents with better weapons and the advantage of better knowledge of the local terrain.

People, not even most people but more than enough, would immediately (martial law declaration would be the trigger) start trapping government vehicles, killing the occupants after torturing them to get radio access codes and stripping them of anything useful. Then those people would use the government radios to call for "emergency backup". Pretty soon, government personnel would refuse to leave their headquarters, and civilian groups would place those headquarters under siege or just brace the exits and burn them alive. They'd storm the state/federal armories and strip them of anything useful.

That's when it will get scary for John Q. With comms still jammed/disabled by the bumbling feebs in government, and with all LEOs effectively gone, the rebellious groups will make their own rules/laws. I imagine few of them are scholars of the US Constitution.

I bet we paid a lot of tax dollars for those plans.
 
2009-01-09 01:48:58 PM
Yeah, back in those days you had to rely on classified ads or hold a garage sale. Or go to a consignment store. Or a pawn shop... Gee, where would broke people be without teh internets?

Get off my lawn, subby.

Not that I ever needed them - I was 22 at the time so I didn't have enough stuff that would be worth selling. Then again, I lived within my means to begin with so while I didn't have anything worth selling I could always pay all my bills without going to mum and dad (which wasn't an option for me anyway), eat (ramen noodles and those dollar round sandwiches they used to have at Subway) and had savings for emergencies, with enough left over for beer.
 
2009-01-09 01:57:32 PM
Is that a real pancho or is that a Sears pancho: My bennies are running out this month and I might lose car and apt and have nowhere to go.

/Keeps chin up
//Que sera sera...



I'm hiring folks that voted for Ron Paul.

You'd be repairing fences, rotating pastures for grazing animals, and splitting wood. It pays an ounce of silver a month, plus a bunk and all you can eat. Electricity and broadband included.

Things will be bad when most people consider the above job offer to be an excellent opportunity. Until then, things are merely sub-optimal ... like only having Chardonnay to go with the poached chicken breasts and garlic potatoes.
 
2009-01-09 02:23:55 PM
thinks_on_feet: Sears Poncho: I wasn't calling the unemployed crybabies... I was talking to the pseudo-intellectual dipfarks (AKA, right wingers) who never accept any statement reflecting a potentially negative view of the gubment without a body of data in evidence.

Never thought you did:-)

/Carry on
//Back to my budgeted 2 hot dog lunch-YUM :-(
 
2009-01-09 02:28:02 PM
Giblet: Is that a real pancho or is that a Sears pancho: My bennies are running out this month and I might lose car and apt and have nowhere to go.

/Keeps chin up
//Que sera sera...


I'm hiring folks that voted for Ron Paul.

You'd be repairing fences, rotating pastures for grazing animals, and splitting wood. It pays an ounce of silver a month, plus a bunk and all you can eat. Electricity and broadband included.

Things will be bad when most people consider the above job offer to be an excellent opportunity. Until then, things are merely sub-optimal ... like only having Chardonnay to go with the poached chicken breasts and garlic potatoes.


I would happily and humbly accept your offer:-)
But...
I'm an independant, voted for Obama so I guess I can't haz your job, not mine.

/I only want an honest, dignified days work with a livable wage that would allow me to survive.
 
wee [TotalFark]
2009-01-09 02:42:35 PM
Is that a real pancho or is that a Sears pancho: ALL OF WHICH Bush and the Neocons CAUSED

You don't know how the federal budget is created, do you?

But that doesn't really matter. Because democrats are just as evil and self-serving as republicans and so it didn't matter who was in congress the last couple years, same is it doesn't really matter who will be there in the next few.

Think about why someone would want to be elected to a national office. Now think about what they have to do to get there, and what they have to do to maintain that position. Imagine how they go about getting elected. Now imagine who that person really is, deep down.

If the phrase "greedy, narcissistic power whore suffering from megalomania" comes to mind, you're getting close. If you're thinking something like "a kind soul who wants to make the world a better place" then you need to re-examine your grasp on reality.

Trust placed in a politician is a grossly misguided act.
 
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