American Workers: Hanging on by the Skin of Their Teeth

[Crewleader]

American Workers: Hanging on by the Skin of Their Teeth

Weekend Edition September 27-29, 2013

What's Wrong With This Picture?

by MIKE WHITNEY

After five years of Obama’s economic recovery, the American people are as gloomy as ever. According to a Bloomberg National Poll that was released this week, fewer people “are optimistic about the job market” or “the housing market” or “anticipate improvement in the economy’s strength over the next year.” Also, only 38 percent think that President Obama is doing enough “to make people feel more economically secure.” Worst of all, Bloomberg pollsters found that 68 percent of interviewees thought the country was “headed in the wrong direction”.

So why is everyone so miserable? Are things really that bad or have we turned into a nation of crybabies?

The reason people are so pessimistic is because the economy is still in the doldrums and no one’s doing anything about it. That’s it in a nutshell. Survey after survey have shown that what people really care about is jobs, but no one in Washington is listening. In fact, jobs aren’t even on Obama’s radar. Just look at his record. He’s worse than any president in modern times. Take a look at this graph.

http://www.counterpunch.org/2013/09/27/american-workers-hanging-on-by-the-skin-of-their-teeth/

[pa28]

1. Here is the unvarnished truth in all it's depressing glory.

Our own party leadership is making matters worse with additional trade deals like TPP and expanded H1B's.

[Doctor_J]

2. since more than 120% of the recovery went to 1% of the population,

this shouldn't be a great surprise. But of course none of it is the president's fault.