Saturday, May 8, 2010

U.S. Adds 290,000 Jobs in April; Rate Rises to 9.9%

“U.S. Adds 290,000 Jobs in April; Rate Rises to 9.9% - http://nyti.ms/asBell”

U.S. Adds 290,000 Jobs in April; Rate Rises to 9.9%

While improving, the job market still has a long way to go before it can be counted on to provide a base for a sustained economic recovery.

U.S. Adds 290,000 Jobs in April; Rate Rises to 9.9%

A lot of the catalysts for robust sustained economic growth,such as

moving totally off oil and onto wind and solar democratized energy,

the smart grid,

high speed low cost transportation connecting our cities,

a far faster and cheaper internet,

easier access to education for tomorrow's innovators and inventors,

a safe financial sector that invests instead of speculating...

are all things that we need in huge doses...

sadly, there are too many republicans in the senate and so we only have the jr. version of all of them.

It would be amazing to see just how much more we could progress and recover from all this republican bush damage to the world

if we just had several more liberal democrats in the senate.

It helps me to have some white space.---------------------------------------------------------

Democratized energy-----------Most people live rented lives. Economies of scale apply. Fossil carbon is still the cheapest energy. The oligarch can raise the price by a profit margin equal to the difference between the marginal cost of a centralised plant and the marginal cost of a distributed plant. The oligarch wins.

The "Smart grid" is a billing system for the oligarch.

High speed intercity. Hard to beat subsidised rented (Loan payments) automobiles.

For profit education. Grade inflation. Failing the lazy does not get one tenure.

The difference between investment and speculation is manufacturing and trade. Investment makes debt. Speculators buy and sell debt. They need each other.

We have none of these things you list.

With those liberal democrats we would be nearer to them.

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