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New jobless claims drop for first time in 4 weeks

danarhea

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WASHINGTON — New requests for unemployment benefits fell sharply last week after rising in the past three weeks. Still, claims remain much higher than they would be in a healthy economy.
Yes, jobless claims are dropping, but I don't like the spin here. Let me put it this way - Once you lose so many jobs, you are going to be at the bottom, and not lose any more. So new jobless claims will drop. But it doesn't matter. New jobless claims can drop to zero, but you still have a crapload of people out of work, and that is key. The big question is this: When are the jobs coming back? Zero jobless claims, if it should go that low, might be nice, but they dont' tell the true story, or show the whole picture. They are just a blurb, just something to spin, while people suffer for the sins of a kakistocracy. Kakistocracy? What is that, you ask?

Kakistocracy - Rule by the incompetent.

Article is here.
 
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Erod

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You're right.

If you punch a hole halfway down the side of a pitcher of water, eventually the leaking has to stop, but how do you fill it up again?
 
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American

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You're right.

If you punch a hole halfway down the side of a pitcher of water, eventually the leaking has to stop, but how do you fill it up again?
If you're a liberal, you have everyone around pour water into the pitcher, without patching the hole. After 30 years you stand up and proclaim, it's not enough.
 

jambalaya

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When did the word "jobless" begin being used in place of unemployment?
 

Goobieman

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Woohooo! The recession is over!!
 

PeteEU

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Woohoo, conservatives will stop damaging the US economy... hey one can only hope!
 

Goobieman

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Woohoo, conservatives will stop damaging the US economy... hey one can only hope!
Please - do try to include a least a -little- cleverness in your partisan bigotry.
 

Deuce

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Please - do try to include a least a -little- cleverness in your partisan bigotry.
This goes for literally every post in the thread.

Oh wait, almost forgot this one... uhh.. WELL YOU CONSERVATIVES EAT BABIES!
 

RightinNYC

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Is that what we're talking about; unemployment? Thanks for connecting the two.:roll:
The point that you flew by was that the term jobless is an interesting euphemism for unemployed.
 

Crunch

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The point that you flew by was that the term jobless is an interesting euphemism for unemployed.
Man caused disaster.... need I say more?
 

danarhea

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If you're a liberal, you have everyone around pour water into the pitcher, without patching the hole. After 30 years you stand up and proclaim, it's not enough.
On the other hand, you can drink all the water yourself, and then piss on everybody else. That's called trickle down economics. Damn, I couldn't help posting that. LOL.
 
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