Job Loss Map 2007-2009 YTD (animation)

Chris Wilson had an interesting article over on Slate.com. What got me was not the massive job losses; we know that. But seeing it in motion, via their interactive job loss map was a real eye-opener.
Source:
http://www.slate.com/id/2216238/

Check it out. I screen captured it, for it had all kinds of Flash problems on my Mac. Did not want this one to be missed. What is even more scary, these numbers are not the REAL number of unemployed, as college grads and those that fall off the system are not included. See:

The Real Unemployment Numbers:
http://newsusa.myfeedportal.com/viewarticle.php?articleid=343

and
80% of College Grads, 2009 alone, Without Job- Unofficially Un-employed:

http://newsusa.myfeedportal.com/viewarticle.php?articleid=342

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• Slate.com
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[Chocochoco3838]

@cephal0p0d You are exactly right! Unregulated, free market capitalism leads to a boom and bust cycle. It is in general a good system for a select few who are properly positioned in the marketplace and a disaster for everyone else. We had a free market at one time, it was known as the period of the Robber Barons.  We also had a Great Depression. Most of us aren't old enough to remember.

[chad071981]

it's all detroits fault.

[SouthernTexan2]

to bad I sould have just get fired then I can go get unemployment and act like i looking for a job get a check for two year while i kickit then get food stamp on top of that lol there really alot son of a Bi*chs that do this it really kind of piss me off why the hell I got bust my ass while they... sit on there I don get it but I guess that the way it go

[jbjr6601]

music is stupid

[cephal0p0d]

No, we haven't had totally laissez faire capitalism, just a few instances of mostly so.

And every time, the un-regulated or deregulated markets boomed then crashed hard, no longer functioned, and people suffered as a result. Every. Time. Thus, the current recession.

For the same reason that a hammer is not the only tool for all tasks, just as CPR is not a panacea for all ills, market fundamentalism is a failure: the market is best for many, or even most tasks, but not ALL tasks.

[DocumentaryDoc]

ERNT ILL informed.

Capitalism should not be condemned, since we haven't had capitalism.

Ron Paul

A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.

Ron Paul

[cephal0p0d]

This is what happens when you deregulate key markets to the point that you break capitalism.

[messagesfromtucson]

That is what we get with trusting our economy with the federal government and federal reserve. Just another bubble created by the fed. Hopefully we will recover from this one.

Smarten up people. Read the US Constitution. Read The 5000 Year Leap.