- In September, on a seasonally adjusted basis, there were 108.544 million private (nongovernment) payroll jobs in the U.S.—almost precisely the number there were in June 1999. (...) In the past decade, in other words, the private sector hasn’t created a single job. That’s poor, especially when you consider that the population grew 9 percent during those years, from 282 million in 2000 to 308 million today.
- US military officials in Kabul estimate that a minimum of 10 percent of the Pentagon’s logistics contracts–hundreds of millions of dollars–consists of payments to insurgents."
- Acting on anonymous tips from within the Hispanic-American community, U.S. Customs and Border Protection officials on Wednesday deported Luis Miguel Salvador Aguila Dominguez, who for the last 48 years had been living illegally in the United States under the name Lou Dobbs.
"stocks went precisely nowhere in the past decade, despite all the efforts to help the market—from slashing capital gains and dividend taxes to keeping interest rates extremely low to bailouts." Of course he means, "thanks to" rather than "despite" and "maintained nominal value instead of tanking," rather than "went nowhere." A major accomplishment for bubble-buidling policy onbehalf of the financial sector, it's owners and clients.
ReplyDeleteChuckie K