Jobless recovery seen in sales numbers....

[RadioRaheem84]

http://www.marketwatch.com/story/us-jobless-claims-climb-25000-to-471000-2010-05-20

US unemployment shot up 25k last week for a total of 471,000 this month.

http://www.nytimes.com/2010/05/19/business/economy/19shop.html

Walmart sales down, Saks Fifth Avenue up.

An obvious sign of a jobless recovery. The L curve that Monthly Review warned about and the venom right wing pundits are throwing at the Obama administration as sign of his weak hold on the economy (apparently another sign that "socialism" doesn't work).

Seriously, do the super rich even need us anymore. Has their purchasing power just totally dwarfed ours that they can sustain themselves buy buying their luxury goods?

[LimitedIdeology]

With the continued expansion of neoliberalism and globalization, the Western world's working class will see a continued string of unemployment; the corporations, since they can outsource labor, and themselves exist as transnational entities, do not need Western consumption to sustain themselves.

Why do you think the BRIC countries are growing at an exponential rate? All the old guard elites are moving in and exploiting them, which does increase GDP, albeit, most of it goes to things that in no way benefit the poor or helpless.