The Decline: The Geography of a Recession by LaToya Egwuekwe (OFFICIAL)
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do you have an up to date version of this...
from when 0bama took office til june, 25, 2011
or will you also be doing one up to the point 2012, etc.
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Hey, this is fantastic. Thanks.
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The cause of it all- oil prices. The economy runs on oil. When it is more expensive, less work be done. More importantly, high oil prices shrank the radius of affordable commuting to a circle inside the edge of sprawl, where all the new building was taking place. The new homes sat empty, and empty homes kill the housing market. The bankers only crashed because they were leveraged into the housing market too heavily. But remember what set it off- $4 and $5 gasoline. Google: Peak Oil
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what software was used to make this?
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This map is shocking but doesn't show the current trend - that we have been creating jobs rather than losing them since the beginning of 2010. Unemployment hasn't gone down because more people are entering the work force. Also folks who had intended to retire [and create new job openings] have been forced to contiinue working due to huge losses to their retirement accounts in the stock market while Bush was President.
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@CrimeReport i guess, but if you understood the economy, it wouldnt be ironic.
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It almost looked like the obama 'hope' symbol at the end there. Ironic, but sad.
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Theres a category of OVER 100% unemployment? WHAT?
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the upticks seems to coincide with the Dems take over of congress to be honest. You can blame repubs if you like but the spikes came on the dhimme watch.
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This is just the official statistics, which do not include the "discouraged, long-term unemployed" who have given up looking for work. They haven't been included in this count since the early 1990s. It also doesn't include the "under-employed" who work less than 38 hours per week.
Visit shadowstatsdotcom for a reconstruction of current unemployment calculated like it was in the past, so you can honestly compare this recession, previous recessions and the Great Depression.
We have a population which is financially illiterate and medically illiterate. We vote for politicians who have a license to lie, and look at the short term, only til the next election. This needs to be fixed. The Chinese look at the long term lor generations. Politicians should be required to have a license, like a banker, and any breach of trust they lose their license for life. Then we can see full employment because we can trust what we are told, and consumer confidence will rise again.
kenjonesmd 2 years ago 18
This video is good to also illustrate the deception of the American people by the Progressives who want to steer us away from the Constitution. It is as if they light of truth is quickly dying out. Don't believe the Federal government especially the Progressive controlled Congress... they are lying!
Writerdust 2 years ago 10