Joblessness rate hits 6% in the United States

[Nateddi]

http://story.news.yahoo.com/news?tmpl=stor..._fi/economy_524 (http://story.news.yahoo.com/news?tmpl=story&u=/ap/20020503/ap_on_bi_go_ec_fi/economy_524)
http://us.news2.yimg.com/us.yimg.com/p/nm/20020503/unemployment_april_graphic.gif
The U.S. unemployment rate shot up to its highest level in more than 7 1/2 years in April, the government said on May 3, 2002, bolstering a belief that it may be some months before the Federal Reserve needs to raise interest rates. The Labor Department said 43,000 jobs were created in April but that followed a sharply revised loss of 21,000 jobs in March.

[Fires of History]

Nateddi,

Now what are you trying to say? Come on, with the average CEO in amerikkka making 3.6 million a year, there simply isn't enough money to create or sustain any more employment. That would effect profits! What, are you some kind a' Commie?

;)

[Nateddi]

I prefer democracy over communism, thanks

[Fires of History]

I was joking. There is plenty of money and resources for more employment that's all.

[Nateddi]

Yes I was too joking.

[Field Marshal]

So you'd prefer communism over democracy?

[Blasphemy]

I wish unemploynment in israel was 6 percent. i think it hit 11% in israel now....

[sabre]

"So you'd prefer communism over democracy? "

they are the same thing bud

you cant get one without the other

[Nateddi]

I was mimicking a common response.

me> I am a communist
other person> err, no thanks, I like democracy better (note the comparison)

[Capitalist Imperial]

I think there are a few points we are missing here. I think most of us can agree that neither pure communism nor pure capitalism exists.The present systems that
contemporary empires are based on lie on a spectrum between the two theoretical
ideologies. Also, we could argue all day about the acadmic principles of each system,
but real world data proves that Capitalism is the much better system.The free-marketcapitalist system that America represents has produced the strongest
economy that has ever existed, and the best standard of living ever. Even America's
poor live relatively well. This is a measurable fact. Notions of exploitation of thirld world countries for the most part amount to nothing more than making excuses for nations that have not been as industrious, entrpenural, and ingeneous (and to some extent lucky) as the US has been. I mean, please, exploitation? What do you call standing in line 4 hours for a loaf of bread? Killing 50 million people (Stalin)? Crushing students in Tienemen square with tanks? What more needs to be said??? Another consideration is that capitalism encourages individual innovation and acheivement. This principle is proven in reality in that the vast majority of technological innovation that has benefitted humanity in the last 150 years has come out of the United States. This includes both the computer you are looking at and the internet you are communicating through. Also, we discuss exploitation of smaller countries by the U.S, but fail to address the fact that the US is by far the most humane and alturistic country on earth, both in terms of dollars spent (debt relief and direct monetary aid) and in people and organizations contrributing service and aid abroad. When there is a major natural disaster, what is the only country to contribute money and resources to assist in aid? The USA. I cant remember a time when the Soviets, Cuba, or China contributed to foreignrelief of any kind. Finally, immigration. The USA has quite a challenge accomodating the thousands of immigrants (worker-class, mind you) that enter its borders daily. Many of these people are risking both their and their family's life just for an opportunity to get in. Why? Because capitalist "workers" still live much better than communist or socialist"workers". Thats the bottom line. Needless to say, China, Cuba, and the then Soviet union (failed system,remember?) had no immigration problem. Their border control budgets were
allocated to keep people in!!! What does that tell us? Its a self explanatory phenomenon!!! So, we could argue academic and philisophical principals all day, but real world data and behavior makes it self evident that the American form of free-market Capitalism is by far the best system going today. Also, I have been pretty much discussing economic aspects of capitalism, to say nothing of the personal freedoms and the opportunity given to Amercian citizens to pursue success and what makes them happy. These fundamental principles are, to say the least, severely hindered by centrist governments. Look at real world activity, and you see the best real world system.

[Nateddi]

You posted this same shit in another forum.

Capitalist, you can't post here, you can only post in your cage. Read the rules before joining.

[Acolombian]

Capitalist Imperial, Good comments man.

By the way Nateddi what was the purpose of your article?, to say that capitalism is bad because there is 6% unemployment in the US? Most European countries that have some form of socialism in place have more than 10% unemployment, for example Sweden.

By the way if you want to know the real reason why the unemployment in the US rose a bit, I would like to quote the Financial Times, "The unemployment rate was affected by a surge of previously inactive workers into recorded unemployment as a result of more generous unemployment benefits"...

So as you see the 0.3% rise in unemployment is really mainly due to a socialist law passed by a democratic congress to extend the amount of welfare...