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“Let’s face it: The US job market is dead in the water and not getting better”

Okay. Consider it done.

But really, Jim, is this new?

48 Replies to ““Let’s face it: The US job market is dead in the water and not getting better””

  1. McGehee says:

    “Dead in the water”…? It is kind of hard, I suppose, to make headway when your boat is at the bottom of the ocean.

  2. happyfeet says:

    I’m kind of feeling out going back to my old job just cause it’s like a million times more secure than this sort of start-up situation I’m in now

    job security is the whole enchilada anymore

    which I can’t eat cause of a.) carbs and b.) calories

    we’ll see though

    I’m just figuring out what my options are is all right now

    but it’s a new way of thinking for me

    I never thought this way when Mr. Bush was president

  3. leigh says:

    It gets even better: the market is all set to collapse.

    Metrosexual types hit hardest.

  4. mondamay says:

    How does this represent a changed situation from, oh, to pick a totally random date, November 6th 2012?

  5. Not sure why anyone thinks James Pethokoukis is part of the problem.

  6. McGehee says:

    Job security has always been an illusion. Unless you’re in Congress.

  7. Squid says:

    Jim’s charts are RAAAAACIST!

  8. TaiChiWawa says:

    Last month’s 7.3% unemployment rate was the lowest since December of 2008 — back when it represented the highest reading in almost 16 years.

  9. happyfeet says:

    I kinda need that illusion to function properly

  10. palaeomerus says:

    Well when the almost closed hatey christer bakery is offering day old bread you can say “no sir! ” and avoid some carbs out of principle.

  11. happyfeet says:

    OMG with the bakery

  12. dicentra says:

    Job security has always been an illusion. Unless you’re in Congress.

    Or an undertaker.

  13. McGehee says:

    An undertaker can be put of business by a better undertaker, but a member of Congress?

  14. newrouter says:

    Chartist Friend from Pittsburgh

    August Labor Farce Update

  15. leigh says:

    THE CAKE IS A LIE!!!!

  16. happyfeet says:

    The cake is deeply, fundamentally, implacably subjective.

  17. McGehee says:

    The cake is a kakistocrat.

  18. sdferr says:

    Cakes is a three time Cy Young award winner.

  19. palaeomerus says:

    Cake is one of those crappy “some guy is talking bad beat poetry over a lame groove thirty years too late” bands.

  20. palaeomerus says:

    Fact: I once had a big three layer yellow cake made with custard and crushed pinapple filling between the layers and a goldenrod colored icing with an outline of an apple on it and the word “Kaliste” written on it in white (english letters). I just left it in the break room to see what would happen.

    People ate it, and told me about it, and speculated that maybe Apple was coming out with a cool new thing or something. I’m not sure that quite counts as discord.

  21. McGehee says:

    It’s discord and rhyme.

  22. palaeomerus says:

    Well I suppose in a manner of speaking, they did eat the cake as if they were hungry like the wolf.

  23. palaeomerus says:

    (Do da do do… do do do… do do do… do do do… )

  24. David Block says:

    It is only news to “The Reality Based Community” who seem to be having trouble relating to, you know, actual reality.

  25. John Bradley says:

    Cake is one of those crappy “some guy is talking bad beat poetry over a lame groove thirty years too late” bands.

    But they do a cool cover of War Pigs… which is decidedly apropos of late.

  26. serr8d says:

    Our surfeit of carbs is but a temporary postmodern phenomenon that can’t last. Menus, post collapse? Largo de Cerdo, Agua de Sudor.

  27. serr8d says:

    OT, it’s a weekend. Two videos:

    http://www.liveleak.com/view?i=85a_1378335557 (Rio, a time-lapse; best full-screen)
    vs.
    https://www.youtube.com/watch?v=5q3y5jYZ6V4 (Windmills of Your Mind)

    READER POLL~!

  28. serr8d says:

    Soul-searching for a National Identity

    The main problem of Russia’s modern identity or the absence thereof is rooted in its tragic history in the 20th century, when our people were subjected to a godless experiment, which the majority did not resist. This experiment destroyed faith, conscience, human dignity, the feeling of being part of a great history and bearers of these values – clergymen, aristocrats, intellectuals and the working peasantry. The best of Russia was done away with.

    The Soviet Union created its own identity that had many good features. But the Soviet Union collapsed under the weight of its dysfunctional socialist economic model.

    We had to survive after the collapse, and it was a miracle we did. I will never tire of repeating that the only possible explanation of why we did not descend into a bloody civil war and commit national suicide in the past 20 years is that the Lord forgave the Russian people the heinous sin of communism.

    Heh. Will the survivors after our collapse find a new national identity ?

  29. Drumwaster says:

    They’ll be too busy blaming Bush and calling everyone “racist warmonger isolationists”.

    But Honey Boo-Boo and SQUIRREL!

    I weep.

  30. Before the election I posted “drive-by economic reports” of what I saw in my travels of Coastal Georgia. In “letters to Miss Emily” which I started after her young death but which morphed into a daily blog of my living of life.

    I saw desolation everywhere but nearing the election? I got the feeling it just didn’t matter. People believed- wanted to believe– the pretty, happy pictures they saw on TV.

  31. RE: Palaomerus at 08:58 PM and McGehee at 09:38 PM on 06 September.

    This is why I come here regularly: most of you guys can see the Fnords.

  32. Oh!…BTW…

    No smoking. No Spitting.
    —The Mgt.

  33. Curmudgeon says:

    But when does the stagflation kick in? Everything the Obamunist has done would lead to it.

  34. leigh says:

    Soon. Inflation will make the late 70s-early 80s look like a warm up.

    Helllloooooooooooooo, Zimbabwe!!

  35. Curmudgeon says:

    I have been expecting it for years now. But somehow, it has not happened. Is it because there is such a damper on production (because of the threats of Obamunistcare, regulations that are arbitrary and capricious, and the threatened global warming scam) that production remains below capacity?

    The first significant economic memory I have was in 1981, which prices of goods stopped rising, and even started falling for many commodities (gasoline, dairy, produce).

  36. Squid says:

    I’m thinking less like Zimbabwe and more like Argentina. Which I suppose would make Michelle sort of like Evita, except that there’s really nothing -ita about Michelle.

  37. leigh says:

    Lucky you, Curmudgeon. Your first economic memories are of the Reagan years. I bought my first house in 1982 at 18% interest. It was like buying it with a credit card. Later, it was refinanced at 11%. Score! we thought.

    Squid, I’m thinking more Japan’s “lost decade” meets Argentina. We’re practically giving money away to qualified borrowers, the stock market is artificially stimulated, and the printing press never stops at the Fed. Turn off the funny money supply and all the dominoes start to fall.

    Oh, and agreed about Michelle. She is grande not chica.

  38. Curmudgeon says:

    Oops. I forgot to add the word “good”. My first significant GOOD economic memory was of Uncle Ron.

    The Carter years I experienced as a kid, gave me economic memories too: watching my hard earned lawn and garden work money worth less and less as prices rose at the food eateries and the stereo record and tape shops. And the Soviets were on the march everywhere it seemed. And we would have a future of “limits” which I took to mean rationed fuel from here on out, and even worse when it was finally my turn to drive, if I even had the chance.

  39. leigh says:

    My kids thought I had been exaggerating about gas lines and odd/even days until we watched the movie “Miracle” about the 1980 Olympics and the US beating the filthy Russkis—which I had watched in real time back in the day. Hubs even shed a tear at the end.

    I think you’re remembering Ford’s WIN (Whip Inflation Now) program or maybe wage and price controls that made life a misery until Uncle Ron grabbed the ship’s wheel from Jimmuh.

  40. leigh says:

    Russia 1. USA 0.

    So unlike the 1980 Olympic games.

  41. palaeomerus says:

    “there’s really nothing -ita about Michelle.”

    On Q’Uonos she’s considered quite the petite beauty.

  42. newrouter says:

    oh maybe snort

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