reflections and gems

During this years celebration of Festivus, everyone is going to be complaining about the economy.  Why not add some numbers to substantiate your grievances.

The following video took place at the 2009 Minyanvills Festivus to Benefit Children’s Education.  The short interview is about the “fabricated” jobs numbers and the future of jobs in America.

3 present and future grievances

1.  The current jobs report was a hiccup.

2. During the Internet boom, America created 260k jobs / month.

In 05’ during the peack of the Real Estate boom we created 212k jobs / month.

In 06’ to 07’ at the Commercial Real Estate boom, we created 96 to 150k jobs / month.

3.  Unemployment will stay >15% in 2015, even with 150k new jobs / month with no hiccups in the economy.