07.06.12

Future 2.0

Posted in Decline and Fall at 10:07 am by George Smith

From the WaPost:

The economy continued its sluggish performance in June as employers added just 80,000 jobs and the nation’s unemployment rate remained at 8.2 percent, the government reported Friday …

The job market seemed to plateau on many fronts in June, as only professional and business services added significant new jobs, while manufacturing — a bright spot in the otherwise tepid recovery — added 11,000 positions. Health care added 13,000 jobs, while most other industries showed little change.

The number of people officially labeled unemployed held steady at 12.7 million, and the number of people who have been out of work for more than six months remained at 5.4 million, accounting for nearly 42 percent of the overall unemployed …

Markets slid …

From the economy that’s boiling down into making nothing except high end goods, cars (saved by the taxpayer) arms (paid for by the taxed) and trivial services, business remains profitable by paying the desperate people still employed less and less. They then go on food stamps or depend on the strapped resources of extended family.

And this couldn’t be a better summary of delusion in the culture of lickspittle.

Why, you would think Brad Paisley would be happy someone made such a bang on update of his super hit. Some people, jeez, you just can’t please ’em.

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