Has or Is the Stimulus Bill working...

@missybal (4492)
United States
January 27, 2010 9:28pm CST
I live in New York State and several family members of mine are on unemployment. I have noticed on the New York State Department of Labor site they have a counter that is suppose to be the number of "saved" jobs. Does your state have this? Well then I go to the Bureau of Labor Statistics and I look at the percentages month by month of unemployed and the month by month numbers just keep going up in unemployed people. Sure occasionally it goes down about .1% but that is about it. November went down a bit but we do have to think about seasonal work too and I cringe to think what the unemployment number will be since December was 9%. Please check your state here from the right hand side and let me know what you assess from the information. Scroll down to see the month to month breakdown. Are you in that percentage of unemployed? http://www.bls.gov/lau/
1 person likes this
7 responses
@LaurenInLA (2272)
• United States
28 Jan 10
I live in California and the employment picture is terrible here. Some areas of the state have unemployment rates that are as high as 15%. I have friends who have been out of work for over a year. DH and I are fortunate enough to be retired but the situation here breaks my heart. As well intended as the stimulus might have been, I think that most people used it to catch up on bills or like us saved it because we are all too afraid to spend money. To restart the economy, people have to start spending again but I absolutely understand why people are afraid to spend right now. If you're concerned about the future of your job, why would you spend money. Credit hasn't freed up yet either. I think that we will probably get another stimulus check but I don't really think that it's going to do any good until we all start to feel a little bit better about our economic situations.
@missybal (4492)
• United States
28 Jan 10
In California did they do anything about that little fish the Delta Smelt that was shutting off the bread basket of the world yet? It's killing my father's business too since he's a produce broker and starving poor nations that depend on those farms.
• United States
28 Jan 10
Don't even get me started on the delta smelt, the spotted owl etc. I'm all for conservation but it seems that we put some species before human life. Of course, we are ruled by an extremely liberal spend and tax Congress. In these economic times when people aren't working and are loosing their homes, the brilliant California Congress raised the sales tax and we now have the highest sales tax in the nation. Raised because the state revenues suffered as a result of the foreclosure problem. Isn't that a wonderful solution for a state that is in economic crisis? Amazing that they didn't think about cutting the ridiculous spending. Then again, we vote them into office over and over and over again. Sorry for the rant. I cannot wait to get out of this State.
@missybal (4492)
• United States
28 Jan 10
Don't apologize... again I'm in New York! I feel the same as you about that situation. You know what happened to the spotted owl right?
• United States
28 Jan 10
I have seen some of the stimulus money at work, I was just at a customer of mine today who is doing great because of the stimulus money. The reason so many companies aren't hiring is because no one knows what the economy is going to do. The problem is the cost of hiring right now is so high, this is why so many are hiring temps. A large part of this cost is health care which has sky rocketed for the last 8 years. If you look at the temp hiring it is insane how many of them need workers, and very fast to fill all of the jobs. The only way you are going to get companies to hire is to give them a reason to hire either with tax credits, or a more stable economy.
@missybal (4492)
• United States
28 Jan 10
Ohio right... wow Ohio is a lot worse then NY. The unemployment rate is 10.9% and has stayed above 10% since April. I do know a few things about cost of hiring, there is a good reason why my family's business can not go corporate. The factories here use temps because of the unions,it's the only way not to get stuck with a poor workers. I would love to know what business that customer of yours is in. I know there are a couple of cherry picked companies that got stimulus money. Weather that money was spent wisely all you have to do is divide the amount of money but the number of jobs it created or saved as they say. it's amazing what a job costs today.
• United States
28 Jan 10
Missy, Ohio has a very high unemployment rate, but that doesn't mean that everyone is unemployed. If you know something about hiring, then you know the cost of health insurance, and what it does to YOUR bottom line. Wouldn't you rather pay a fraction of what you do today and keep the rest for your bottom line? That is what your competition overseas does, so why shouldn't you do the same thing? We have the most business unfriendly health care system (unless you are a health care company) in the world, and republicans feel it should stay that way forever. We as a nation have to evolve, and look at what is working in other countries, and learn from them. Instead we are forcing American corporations to shoulder the burden of health care, and compete on a global basis with those that don't have these same burdens. What sense does this make Missy?????? My customer is in the construction business, they do basement walls, sidewalks, and driveways in new construction, and new businesses. There are parts of my territory that ever felt what we are going through right now. There is a city that I go to every other Wednesday that is still building houses left and right, and unemployment is low. Unlike the rest of the country, farmers do very well in economies like ours today, and companies that produce products for farms are doing amazing. You can bash the stimulus all you want Missy, but look at all of that money that Bush gave to all of the rich people out there, and eight years later the country is exactly where we were before he came into office. We lost an entire decade due Bush Economics, and all of your republicans want to go right back to that. What part of history DON'T you understand????
@missybal (4492)
• United States
29 Jan 10
Yes we all know Bush did it right...lol. I know my history and that is why it pains me that we are repeating it. We'll give this some more time and review some more numbers.
1 person likes this
@Kowgirl (3491)
• United States
31 Jan 10
Oh My this is bad and getting worse every day...11.8%(p) in Dec 2009 for Florida. That's not even close to the real number of people who are unemployed in central Florida, so how can they say that is for the whole state. Guess they fail to count those who do not apply for unemployment or for those who have used up their unemployment funds. Just 2 weeks ago my son got laid off because the company he was with had no work...they are on the verge of shutting down for good. Problem is because of the "extended unemployment" Obama has issued the rate of pay for unemployment dropped down to around 40% of what your pay was when working...when before you would get at least 80%. Which means his weekly check will be less than minimum wage. The only thing I can see that the stimulus has done is line the pockets of those who didn't deserve it. Stimulus and Bailouts ...what a joke!!! The banks knew what they were doing when they sold houses to those they knew could not afford to pay the mortgage. That money could have helped thousands of people get back on their feet. When does the little man get a break? The mom and pop stores that have been here for years are closing. The smaller Manufacturing businesses are folding. We have 10 or more people and families with small children, every day, trying to get into shelters for the homeless. They have lost their homes, cars and most of their possessions. Children are in the streets begging for food and warm clothing. One man threw a rock through a jewelry store window so he would get arrested. When asked why, he replied "I need somewhere to rest for a few days and the shelters and churches are overrunning with people". Then they went so far as to deny the people who get SS and SSI a cost of living raise but you can bet they all got one. The ruls are different for the rich. Those numbers must have been for some small county that has very few people living there. In central Florida it is much higher. Just how did they come up with those numbers anyway? Did they just check with the board of labor and take their word for it?
@missybal (4492)
• United States
1 Feb 10
Wow... scary. Here where I am this area depends greatly on retired rich people with hobby businesses for jobs. There are a ton of small shops mostly antique shops in my town but more empty buildings recently. Mostly it's a tourism place all those little shops and restaurants and craft stores. It hasn't been good here but it hasn't been as bad as you are describing. We are lucky that none of the rich guys who own the restaurants around here have shutdown. They are not making money at all. One man who owns half the town and half the businesses in the next town over was planning to retire but realizing that people would not have any income he's putting it off. My brother works for him along with my best friend. Business is bad and he really should shutdown at least one of the restaurants he owns since there is plenty of empty tables and save some money on wages and utilities. It's not smart business he's doing but I think he's trying to do what he can to help the town he loves. Who knows though if he will continue when his taxes go up and then the small business that people can't retire but are loosing their shirt right now. If you own your own business and it goes under you don't get unemployment. They have to cut jobs to stay open. I pray I'm wrong but I'm sure I'm not. It's going to get a lot worse. This Jobs Bill the second stimulus I seriously doubt will be any different. I know 2 people who have run out of unemployment. Many on it. It's sad.
@sierras236 (2740)
• United States
28 Jan 10
Well in mathematics, when a number is undefined it is called imaginary. Therefore, an imaginary number of jobs has been "saved" or created since no one can actually define the amount spent versus what that money actually was used for. But what has become abundantly clear is that this administration does not actually follow the strict and rigid rules that are clearly defined in mathematics. In other words, this administration thinks that 1 + 1 = 600.
@missybal (4492)
• United States
29 Jan 10
Beautifully put I agree completely.
@teamrose (1499)
• United States
28 Jan 10
I don't think the stimulus bill is working for the average person. It seems to be working just fine for banks and big businesses. We tax payers now own a car company, is that good? Unemployment benefits are as high as 91 weeks, is that good? I am trying to think positive about this whole thing.
@missybal (4492)
• United States
29 Jan 10
It's so sad because all the bad policies I was mad at Bush for, Obama has only increased at an insane level. Good that you are thinking positive. You know one thing that always makes me feel better is the fact that the worst times in my life full of struggle and grief only increase how good it feels when things start looking up. If it wasn't for pain we would have nothing to compare pleasure to. Thanks
@matersfish (6311)
• United States
28 Jan 10
We seem to be working on a new standard of judgment when it comes to this stimulus money. These days, the money doesn't have to create anything. It just has to "save" jobs in order to be counted as working. According to presidential and stimulus supporters, the "saved" jobs mean that the stimulus is working. For everyone else, the 4,000,000 unemployed since the stimulus was signed means that it didn't work nearly well enough. I guess it depends on how you want to argue it. "It could have been 6,000,000!" "Yeah, but it's still 4,000,000 after that INSANE amount of money that we were told would actually STIMULATE the economy and not just save some police and fireman and road worker jobs and the like." Take your pick. All I know is this: If I lose $400, I'm not thankful that it wasn't $600, I'm pizzissed because it was $400!
@missybal (4492)
• United States
29 Jan 10
Many of those jobs "saved" were jobs that would not have been cut even without the stimulus they just used the stimulus money to pay wages they were going to anyways. Then it's a job "saved". If only I could live in that magical world. Unfortunately I always received straight A's in Mathematics. Thanks for the post!
@mensab (4208)
• Philippines
28 Jan 10
it is easy to get frustrated when that huge amount of bailout money is not being felt by the taxpayers. but the impact of the stimulus package will be felt years later, not now. the aim of the stimulus is to halt the downturn and meltdown of the economy. and it has done so, so far. now the recovery must be primed up to continue the gains, and not go back to the cycle of crisis.
@missybal (4492)
• United States
28 Jan 10
That's not what the data shows. Remember when Obama passed the stimulus he claimed that the stimulus would prevent our unemployment rate to go over 8% and now it's over 10% nationwide and actually so many people gave up looking for a job or are significantly underemployed that the real unemployment rate is over 17%.