Today the new jobless news came out, and it is good news.
Seasonally adjusted new claims for the four week average fell to 418,000 this week. Yeah, the patient is still bleeding to death but it has slowed to a trickle.
The news was so good that the stock index moved up. Since the lower number was less than the expected one, life is good for us all.
The US military loves the great recession. The quota for new recruiters is getting met, no matter how unpopular the never ending wars are. The Army of One wants your child. They need more cannon fodder. They can push their bombardment that joining the military is a guarenteed job. And if you child comes home in one piece, he/she can get another placement working for a private military/security firm with no problems.
You don't want you kid to tote a gun for the likes of Blackwater?? You must be unAmerican. After all, with three hots and a cot, plenty of food to eat, and someday maybe a paid for college fund, the military is GREAT!! Just think of the possiblities. He/she can get paid to grope for TSA at the airports. With all the new body scanners being bought and paid for, I am sure they will be hiring.
It is good for big business and small equally. They can fire and rehire the desperate who will work harder and harder than ever, and get there early and stay later. For the new hired workers know that if they lose this job, they will never find a new one. This works very well if the new hires need more weeks to qualify for unemployment. Many never qualify in the first place, but that is a small fact overlooked. After all, why are there so many lazy unemployed?? They must be lazy and not looking hard enough. Let's crank up the media and show some bums and talk about them like the human trash they are.
Never mind that the new numbers are on a shortened week for holidays. And since many are doing seasonal retail work now, the next numbers coming out will reflect all the ones who get laid off after the holidays are over.
But who cares anyway??
The drum still beats the recovery is coming soon.
I don't listen anymore.Do you??