Facts:
In the 1990s the U.S. economy created a net 22 million jobs, or 2.2 million a year. (note: won't see again in USA with global competition today)
From 2000 to the end of 2007, the rate plunged to 900,000 a year. (Note: we'll be fortunate to get back to this rate in next couple yrs. )
From Dec 2007 we've lost 8.1 million jobs and need between 100,000 and 150,000 new jobs each month just to keep up. So we're actually down 10.5 million jobs.
Pres. Obama said he's going to generate 4 million jobs in 2010 http://www.politico.com/...
This is highly unlikely....more on the flip
The end of the office... and the future of work
http://www.boston.com/...
The United States Government Accountability Office has estimated that so-called contingent workers - everything from temps to day laborers to the self-employed to independent contractors - make up nearly a third of the workforce. And forecasters believe that proportion will rise. The growth is being driven partly by economic factors, with the uncertain economic climate making short-term contract workers more attractive to firms than full-time employees.
This shift has begun to trigger a more fundamental examination of what a job is and what we expect to get from it.
FACT: THE EMPLOYMENT RATE IS NOW AT 58.2% — THE LOWEST RATE SINCE AUGUST 1983
The middle of the 20th century was the age of the great employer: Mainstream success was a stable job at a single company, steadily ascending from middle to upper management. That began to change in the 1970s and 1980s, for reasons that were social as well as economic: American conglomerates began to face stiff foreign competition, and the country accustomed itself to - and even began to celebrate - a more mercurial, less cosseted brand of capitalism. The Organization Man was replaced by the worker as free agent, one who might with little regret leave a job when a competitor gave a better offer, or who might be left jobless when his company merged with another.
What we’re seeing today, says Thomas Malone, a professor at the MIT Sloan School of Management and the author of the 2004 book "The Future of Work," is a further shift. The growing freelance workforce, he argues, is made up of people who see themselves not as having a single job so much as having several at once.
Pres. Obama says he's going to generate 4 million jobs in 2010 ?
WTF ?
Moreover, when the government prop ( spending and stimulus ) for the economy is taken away a second recession dip will likely occurs and it could be nasty which means that 4 Million job number will be lowered...perhaps alot more.
So it appears the game plan is more 'extend and pretend' to try and disguise America's dysfunctional economic system dependent on increasing debt, ponzi schemes and asset bubbles.
UPDATE 1 esp for those died-in-the-wool believers like BFSkinner who apparently thinks his cutsie pictures are the cat's meow ;)
George Carlin ~ The American Dream
http://www.youtube.com/...
The game is rigged and nobody seems to notice. Nobody seems to care. Good honest hard-working people . . . white collar, blue collar it doesn’t matter what color shirt you have on. Good honest hard-working people continue, these are people of modest means . . . continue to elect these rich ***** who don’t give a ***** about you. They don’t give a ***** about you . . . they don’t give a ***** about you. They don’t care about you at all . . . at all . . . at all, and nobody seems to notice. Nobody seems to care. That’s what the owners count on. The fact that Americans will probably remain willfully ignorant of the big red, white and blue dick that’s being jammed up their ass everyday, because the owners of this country know the truth. It’s called the American Dream, 'cause you have to be asleep to believe it . . ."
UPDATE 2
Neil Young Mr Soul
Oh, hello Mr. Soul, I dropped by to pick up a reason
For the thought that I caught that my head is the event of the season
Why in crowds just a trace of my face could seem so pleasin'
I'll cop out to the change, but a stranger is putting the tease on.
I was down on a frown when the messenger brought me a letter
I was raised by the praise of a fan who said I upset her
Any girl in the world could have easily known me better
She said, You're strange, but don't change, and I let her.
In a while will the smile on my face turn to plaster?
Stick around while the clown who is sick does the trick of disaster
For the race of my head and my face is moving much faster
Is it strange I should change? I don't know, why don't you ask her?
UPDATE 3
The US economy ;)
http://www.youtube.com/...