Saturday, August 6, 2011

United States Adds 117,000 Jobs

It wasn't all that long ago when we had month after month in which we hopelessly lost hundreds of thousands of jobs.  Month after month.

Now, we've had a year in which the job market is turning around.  Business owners (Republicans mostly) have been reluctant to hire people so as to make President Obama look like a genius, instead piling up record profits and stockpiling record amounts of cash in the bank rather than adding new factories and new products.  I said a few months ago that at some point, investors are going to get angry with them for sitting on all that cash.  Now witness the 1,000 point drop in the Dow, over 500 points in a single day.  The investors have finally wised up to the tricks of the corporation and are demanding expansion.

And presto--over 100,000 jobs created in a month.  

All that really has to happen is for the lower and middle class Americans to rise up and demand their fair share.  That is really all that was at the core of the movement to organize workers and demand a decent wage.  

Yes, it really wasn't all that long ago that we lost hundreds of thousands of jobs.  Remember?  It was 2006-2008.

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