Jobless Recovery

By
Real Estate Agent with Elite Home Sales Team OC BRE# 02066030

Jobless Recovery?

What is a Jobless Recovery???  It is where we claim that he recession is over and that everything is back to normal.  Manufacturing, housing and retail sectors are back to business and we are fine. 

Are you kidding!!!

If I am out of work there is no recovery, being jobless is a very serious situation.  Jobs give us the money to spend to purchase the things that are made.  Houses, cars, groceries, goods, stocks, anything that makes this economy work.  How else could we have a recovery?  I guess if we were exporting goods to other countries and they had the jobs to purchase our stuff.  That is not happening.

What about government paying us (unemployment or welfare) but government does not have money unless it taxes us and takes it from those that have it and give it to those who don't.  Or government could keep printing money until the dollar is worthless.  Either way that does not work, therefore, without jobs we only have a false recovery.  Do not tell me we have a jobless recovery

The economists tell us that the unemployment rate is now over 10 percent and climbing.  More people are losing jobs and getting poorer.  Therefore, spending less on everything including taxes.  So we have less taxes and fewer people working and the projections are that next year there will be more out of work than this year or jobless rate is climbing.  There is NO RECOVERY!!!!

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Ambassador
1,880,144
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Mark and Tim, an individual out of work is a DEPRESSION. Real unemployment some peg at 17%. Hope we are near the worst in this Recession.

Nov 13, 2009 09:12 AM #1
Rainmaker
430,281
Ellen Crawford
Crye-Leike REALTORS® - Alpharetta, GA
Alpharetta Real Estate Agents & Alpharetta REALTOR

You are right.  If they can't dazzle us with truth, they'll try it with BS!  Cheap propaganda trick!

Nov 13, 2009 12:53 PM #2
Rainmaker
382,670
Matt Listro
National Credit Fixers - Matt Listro - Vernon, CT
Your Credit Repair Expert

I agree with you I think a jobless recovery is an oxymoron.

:)

Nov 13, 2009 01:54 PM #3
Rainmaker
1,036,603
Kathy Clulow
RE/MAX All-Stars Realty Inc. Brokerage - Uxbridge, ON
Trusted For Experience - Respected For Results

Mark and Tim - the present "recovery" if you can call it that is jobless because the focus was on the money not on the people

Nov 13, 2009 05:32 PM #4
Ambassador
1,229,706
Melissa Zavala
Broadpoint Properties - Escondido, CA
Broker, Escondido Real Estate, San Diego County

I also find it hard to believe when people taut that the recession is over. With what I know about loan resets and foreclosures, I think we have got a ways to go. TARP money has given a false sense of security.

Nov 14, 2009 01:04 AM #5
Rainmaker
850,184
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

I've got to restate that if we do not allow business to thrive and make money then they die and kill jobs.  There is nothing if people cannot work.

Nov 14, 2009 01:16 AM #6
Rainmaker
1,046,900
Bob & Leilani Souza
Souza Realty 916.408.5500 - Roseville, CA
Greater Sacramento Area Homes, Land & Investments

I'm like Matt in comment #3! When my husband Bob told me about the "jobless recovery" I bursted out laughing and said, "That's an oxymoron!" :D

Leilani

Nov 20, 2009 08:29 PM #7
Rainmaker
344,530
Yolanda Hoversten
Berkshire Hathaway HomeServices Elite Properties - O'Fallon, IL
Broker - O Fallon, IL Real Estate

Hi, Mark.  In my state, unemployment is in double digits.  I always say that 100 percent of zero is still zero.  In this case it's negative zero.  lol

Nov 25, 2009 02:26 PM #8
Rainmaker
1,018,216
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Mark there is no such thing.  Only a temporary fix would you call a jobless recovery.

Nov 28, 2009 05:49 AM #9
Anonymous
Gina Magini

You said it! It's almost humorous to label something a jobless recovery. It's like saying dry water or hot snow.

May 18, 2010 08:53 AM #10
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