Changes

[[File:Total Unemployed.jpg|200px|right|thumb|Marginally attached and underemployed.]]  

[[File:Total Unemployed.jpg|200px|right|thumb|Marginally attached and underemployed.]]  

More than 120 banks and financial institutions who took money from the $700 billion [[Financial Crisis of 2008|Troubled Assets Relief Program]] which then [[Senator Barack Obama]] voted for have failed to make their scheduled repayments. Five others failed altogether making it unlikely the [[U.S. Treasury]] will ever recover the money poured into those institutions. Wall Street banking giants '''Goldman Sachs''', '''JP Morgan''', '''Citigroup''' and '''Morgan Stanley''', which recieved $70 billion in '''[[bailout]]''' funds, are among the Top 20 largest donors<ref>http://edschultz.invisionzone.com/index.php?showtopic=36796</ref> to President Obama's political campaigns.  

More than 120 banks and financial institutions who took money from the $700 billion [[Financial Crisis of 2008|Troubled Assets Relief Program]] which then [[Senator Barack Obama]] voted for have failed to make their scheduled repayments. Five others failed altogether making it unlikely the [[U.S. Treasury]] will ever recover the money poured into those institutions. Wall Street banking giants '''Goldman Sachs''', '''JP Morgan''', '''Citigroup''' and '''Morgan Stanley''', which recieved $70 billion in '''[[bailout]]''' funds, are among the Top 20 largest donors<ref>http://edschultz.invisionzone.com/index.php?showtopic=36796</ref> to President Obama's political campaigns.  

[[File:Median-longterm-unemployment.JPG|200px|right|thumb|Workers endure twice the length of Unemployment more than the past half century.]]  

[[File:Continued claims.JPG||200px|right|thumb|Unemployment soared by the end of Recovery Summer.]][[File:Krdo13.jpg||175px|left|thumb|[[Obamaville]]'s have sprouted up across the United States during President Obama's tenure of office.]]

Key administartion advisers [[Rahm Emanuel]], [[Larry Summers]], Peter Orzag, Christina Romer and James Jones all announced thier departures just before the abysmal performance of President Obama's record became public.  3,200,000 despairing workers have lost thier jobs since the President's economic stimulus became law. The [[Democrat]]ic controlled Congress acted with the assurance Unemployment would never reach above 7.8%.

Key administartion advisers [[Rahm Emanuel]], [[Larry Summers]], Peter Orzag, Christina Romer and James Jones all announced thier departures just before the abysmal performance of President Obama's record became public.  3,200,000 despairing workers have lost thier jobs since the President's economic stimulus became law. The [[Democrat]]ic controlled Congress acted with the assurance Unemployment would never reach above 7.8%.[[File:Median-longterm-unemployment.JPG|200px|right|thumb|Workers endure twice the length of Unemployment more than the past half century.]]  

[[File:Krdo13.jpg||175px|left|thumb|[[Obamaville]]'s have sprouted up across the United States during President Obama's tenure of office.]]

 

The total number of lives affected by Unemployment since the [[110th Congress]] when the [[Recession]] began is well above the constant 15,000,000 unemployed reported. As roughly 2,000,000 newly unemployed enter the jobless ranks monthly, and another 2,000,000 finding jobs are rotated out, the cummulative effect means over 30 million people have directly suffered unemployment.

The total number of lives affected by Unemployment since the [[110th Congress]] when the [[Recession]] began is well above the constant 15,000,000 unemployed reported. As roughly 2,000,000 newly unemployed enter the jobless ranks monthly, and another 2,000,000 finding jobs are rotated out, the cummulative effect means over 30 million people have directly suffered unemployment.

[[File:Total workforce.JPG|200px|right|thumb|The workforce shrunk nearly 400,000 jobs during Recovery Summer.]]

[[File:Weekly UC Claims 21 Aug 2010.JPG|200px|right|thumb|Nearly 500,000 per week were still losing thier jobs during Recovery Summer.<br>''Source: U.S. Dept. of Labor,<br> Bureau of Labor Statistics.'']]<br><br>

By September 2010, nineteen months into the Stimulus, the Labor Dept claimed the number of "marginally attached"<ref>http://www.bls.gov/news.release/empsit.nr0.htm</ref> underemployed (part time workers seeking full time work and workers taking employment beneath their skill set) reached over 2,800,000 persons (18.2% of the workforce<ref>http://townhall.com/columnists/RichGalen/2010/10/29/relapse_summer</ref>), up from 2,200,000 in President Obama's first year.

By September 2010, nineteen months into the Stimulus, the Labor Dept claimed the number of "marginally attached"<ref>http://www.bls.gov/news.release/empsit.nr0.htm</ref> underemployed (part time workers seeking full time work and workers taking employment beneath their skill set) reached over 2,800,000 persons (18.2% of the workforce<ref>http://townhall.com/columnists/RichGalen/2010/10/29/relapse_summer</ref>), up from 2,200,000 in President Obama's first year.

Among the marginally attached, there were 1,200,000 discouraged workers, an increase of 503,000 since Obama's first year in office. Discouraged workers are defined as persons who have lost [[hope]] of finding work because they believe no jobs are available.  

Among the marginally attached, there were 1,200,000 discouraged workers, an increase of 503,000 since Obama's first year in office. Discouraged workers are defined as persons who have lost [[hope]] of finding work because they believe no jobs are available.  

The length of time a worker is Unemployed is now ''more than twice'' as long ''as any time'' in the last 50 years.<br>

The length of time a worker is Unemployed was ''more than twice'' as long ''as any time'' in the last 50 years.<br>

 

 

 

And the workforce continued to shrink.

And the workforce continued to shrink.

[[File:Exisitng Home Sales July 2010.JPG|200px|right|thumb|]]

[[File:Exisitng Home Sales July 2010.JPG|200px|right|thumb|]]