Nation's jobless rate tops 10%

The unemployment rate has hit double digits for the first time since 1983 - and is likely to go higher.

[Ronald]

The Obama economy is lousy. Obama said we should let him depreciate the value of our currency and the Baby Boomers 401 k and other retirement plans by printing up "stimulus" money. Otherwise, he said, unemployment would exceed 8%. It did not work. What we most need now is change. We should begin at the top.

Ronald

[issac johns]

This is such an exciting time for the Progressives. They borrowed 800 billion from our grandkids and Pelosi made complete chumps of those she lovingly refers to as the "filthy citizen scum and their nasty families".

Now America understands why Calif. is doomed. This is Pelosi Country.

[honu]

Wow, gee willikers!... I can't imagine what unemployment would be like if it weren't for Mr. Obama's policies creating and saving so many jobs.

Oh, and Mr. Obama... my daughter and her childrens, childrens, children thank you for their dismal future. She asked me to ask you to pass it on to Ms. Pelosi and Mr. Reid...

[rbonilla]

hope and change........

[Robert J G Jackson Sr]

10.2% unemployment, and our Congress can't think of what to do about it except to extend unemployment benefits still further. They don't seem to understand that employers, small businesses in particular, are threatened with all the extra costs inherent in thier plans for Healthcare, Cap and Trade, and Card Check. The employers are also faced with expiration of the Bush tax cuts, and increasing regulation. Separately these are each large extra costs. Added together those costs are immense. Yet, our members of Congress don't seem to have any idea why employers are not hiring. The growth in the economy so far this fall, is largely fueled by government spending and will stop as soon as the government spending on things like subsidies for home purchases and auto purchases stops. It's pure logic, and economics 101, yet our legislators fail to grasp it all.

[Rona Fribley]

California is in a good place. Our anti citizen Legislature has poised our State to be the most adversely affected.
Being rated the Worst State for Business for the last Six Years coupled with the Legislature's tremendous success at enticing the most benefit starved, unskilled, illegal colonists to "choose California" will end any hopes for recovery or future prosperity.

In the same way the Leftist used their majority to bring historic failures to our State, the Leftist majority in Congress is poised to destroy the future hopes for families in the other States.

If all goes as Speaker Pelosi plans, we should achieve 25% Unemployment in Calif. by late Spring of 2010. Speaker Pelosi promises that the transformation from Democrats to Progressives should deliver the same death blow to future prosperity that the Progressives have wrought on our State. More importantly, it promises to be almost impossible to reverse.

[Robert J G Jackson Sr]

The more important figure is underemployment which stands at 17.5%. Watch that one closely.

[Ronald]

Robert J G Jackson Sr wrote:

10.2% unemployment, and our Congress can't think of what to do about it except to extend unemployment benefits still further. They don't seem to understand that employers, small businesses in particular, are threatened with all the extra costs inherent in thier plans for Healthcare, Cap and Trade, and Card Check. The employers are also faced with expiration of the Bush tax cuts, and increasing regulation. Separately these are each large extra costs. Added together those costs are immense. Yet, our members of Congress don't seem to have any idea why employers are not hiring. The growth in the economy so far this fall, is largely fueled by government spending and will stop as soon as the government spending on things like subsidies for home purchases and auto purchases stops. It's pure logic, and economics 101, yet our legislators fail to grasp it all.

Robert J G Jackson Sr.

Peter Schiff is president of Euro Pacific Capital. He wrote an opinion piece that was posted on LouRockwell.com . He is in agreement with you. Here is a link to his article:

http://www.lewrockwell.com/schiff/schiff55.1....

Ronald

[Lydia Johnson]

America will bounce back. As long as our States most productive, most freedom loving citizens continue to refugee out and millions and millions of unskilled, unassimilated, benefit starved Illegals and welfare slugs flood into the State, the other 49 States will find a way to thrive and prosper.

[michael]

in 1993 when bill clinton passed the nafta treaty and then the trade with china it was the being of the end of America. America build everything here. the tariffs wore on anything imported to protect the America workers wage. now everything build in china and your lucky to get a job thats pays 10$ a hour. until America starts building 12 millions cars a year in America etc. etc. America is going nowhere but futher down

[zane salazar]

The good news is that Speaker Pelosi has saved thousands of public employee union members by borrowing almost a trillion from our grandchildren.

Calif lost over 900,000 private sector jobs last year which is beneficial to the State Democratic Party. The more the population becomes desperate and hopeless the more apt they are to vote for any thing with a D beside it's name on a Ballot.

Can you say Laura Richardson?

[donkeyman]

this is all obamas fault.

[sad state]

numbersusa.com Send free faxes to your reps and Obama

"The unemployment rate rose to its highest level since 1983, with 10.2% of Americans out of work in October. About 190,000 jobs were cut during the month, while the federal government imported 125,000 foreign workers over the same period of time.

The rate increased from 9.8% in September after economists predicted it would only rise to 9.9%. Since the start of 2008, 7.3 million jobs have been lost in the United States.

Over that span of time, more than 2.7 million foreign workers have been allowed entry into the country.

Watch Roy's video blog explaining the 125,000 foreign workers per month figure, and read Roy's blog calling for Congress to suspend non-essential immigration"

[Carl R]

Our State Party has worked for years to bring California to the brink of total collapse. Call the Lowenthals and tell them just how much you appreciate it. After all, our kids can still succeed as long as they move out of the Lowenthal's State of Disgrace!

[It is Finished]

Come come now. Let's not be so hard on the old chap. He's just making due with what was left to him by his predicesor. Besides, we know who's really at fault. It's those darn Mexicans taking all of the jobs away from us hard American folk that we need to worry about.

Ronald wrote:

The Obama economy is lousy. Obama said we should let him depreciate the value of our currency and the Baby Boomers 401 k and other retirement plans by printing up "stimulus" money. Otherwise, he said, unemployment would exceed 8%. It did not work. What we most need now is change. We should begin at the top.
Ronald

[Maynard S]

most say LB already has 20% unemployment. who would vote for the city leaders? are LB voters crazy? don't any of them have kids?

[B Obama]

Let's hear it for me! Anybody... hello...I don't see any of my crazed socialist supporters. Maybe they are job hunting...

[Evilution]

President Obama did save or create at least a million jobs. They are all in China,but he didn't say WHERE the jobs would be!!

[John]

donkeyman wrote:

this is all obamas fault.

How is it Obama fault? You need to learn your history.

[Terry Soma]

John wrote:

<quoted text>
How is it Obama fault? You need to learn your history.

I agree that you cannot blame President Obama. By now every one knows that he is just the Master of Ceremonies for Commissar Pelosi.

American Democrats fell for the ultimate "bait and switch". Our children's future will be more and more hopeless with each passing month.

California was mortally wounded by the same dishonorable Leftist agenda. We understand that this deceit is a stunning victory against the American citizen families.