green shoots and changing parties
Aug. 2nd, 2009 01:42 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
walkitoutThere's been a fair amount of angsting about how this economy had better show signs of improvement soon, otherwise the midterms are going to be tough on the Democrats.
http://www.nytimes.com/2009/08/02/us/02unemploy.html
We all expected this (well, we should have). Employment is late to recover after a recession -- the markets recover way, way before the layoffs even end, never mind everyone having found a new job. And recessions brought on by financial crises tend to be nasty, long-lasting ones with slow recoveries. Blah, blah, bleeping, blah.
But I do wonder about the Democrats will get hammered for not doing enough to improve the economy theory. Let's say you live in a state where you are eligible for 79 weeks of unemployment insurance, and you try everything imaginable, only to discover you can't even get a job flipping burgers. And then, some time later this year, or before the election in 2010, that unemployment runs out and you still don't have a job.
Are you _seriously_ going to vote for a Republican who tried to block the extension because it would be hard on businesses? Really?
http://www.nytimes.com/2009/08/02/us/02unemploy.html
We all expected this (well, we should have). Employment is late to recover after a recession -- the markets recover way, way before the layoffs even end, never mind everyone having found a new job. And recessions brought on by financial crises tend to be nasty, long-lasting ones with slow recoveries. Blah, blah, bleeping, blah.
But I do wonder about the Democrats will get hammered for not doing enough to improve the economy theory. Let's say you live in a state where you are eligible for 79 weeks of unemployment insurance, and you try everything imaginable, only to discover you can't even get a job flipping burgers. And then, some time later this year, or before the election in 2010, that unemployment runs out and you still don't have a job.
Are you _seriously_ going to vote for a Republican who tried to block the extension because it would be hard on businesses? Really?