I’m sorry, but I literally can not understand the thought process here. They talk about deficit spending until they’re blue in the face, but they favor massive, unpaid tax cuts for the super rich, while wanting to deny unemployment benefits for the people who need it most. Baffling.
Well, okay, not baffling. What I’m guessing is that many in that 62% hear “unemployment” and think people are just lazy. However, in order to get unemployment benefits you have to prove you’re seeking work. Meanwhile, they have no problem with corporations making record profits but not hiring anybody.
Oh, and they’re also forcing people to work longer hours for no more pay…
Nonfarm business sector labor productivity increased at a 2.3 percent annual rate during the third quarter of 2010, the U.S. Bureau of Labor Statistics reported today. Labor productivity is calculated by dividing an index of real output by an index of the combined hours worked of all persons, including employees, proprietors, and unpaid family workers. Output increased 3.7 percent and hours worked increased 1.4 percent in the third quarter. (All quarterly percent changes in this release are seasonally adjusted annual rates.) Nonfarm business productivity increased 2.5 percent from the third quarter of 2009 to the third quarter of 2010, as output increased 4.3 percent and hours worked rose 1.7 percent.
This entry was posted on Wednesday, December 8th, 2010 and is filed under Economy, Money, unemployment. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.