11.1 Million Americans Out of Work; Jobless at 7.2% & 2.6 Million Americans Out of Work in 2008 & Appalling Republican Track Record:

11.1 Million Americans Out of Work; Jobless at 7.2% With 2.6 Million Americans Out of Work in 2008 & Appalling Republican Track Record on Jobs:
By Marc Chamot

It’s getting grimmer and grimmer for working Americans these days. Another 524,000 jobs were lost in December. Over half a million were lost back to back in September and November of 2007. At the rate we’re heading, we’re all going to be left jobless soon.

It wasn’t since January 1993’s 7.3%, we have had such unemployment highs, and under, you guessed it, former president George Bush senior, which caused him to lose his reelection bid to Democrat Bill Clinton.

Like father like son. Both Bush’s and both presidents brought us serious economic problems and massive joblessness. The economic idiocy seems to run high in that Republican family of theirs. It’s now proven that the Republicans under the Bush’s families, and party strategists, their economic ideals never worked, and never did work for America and Americans.

The current study and reports are out. On the unemployment’s graph history going back to 1993, (see chart below) it unequivocally and without a doubt, shows that President Bill Clinton and the Democrats had the better economic plan, and far better economic strategies, than their back to back Republican counterparts. There’s also PROOF that the years of Republican economic agendas, and their ideals and their strategies for the nineties since the Ronald Reagan era, have been a TOTAL FAILURE and has not worked for America.

I have been extremely critical of the Republican Party’s economic agendas favoring corporate profit and big businesses over labor and working Americans. In their quest for globalization, and their NAFTA, GATT’s, WTO, and “free trade’s” ideologies, has been a total disaster for America and Americans. We’re beginning to see the tip of the iceberg in their horrific decision making, and we’re now facing its repercussions.

American industries’ constant sharing with the global labor pools over American workers backs, would sooner or later, massively decrease our own labor pool here at home. For years, I have been tooting my own horn about the dangers of the Republican economic plans, and finally, the PROOF is out into the wide open. There can be no argument about it folks, the Republicans failed us big time.

And now, we’ve got 524,000 unemployed in December, bringing it to 2.6 million lost jobs this year. Of those, 1.9 million jobs were lost since September of last year, when the global financial system nearly collapsed.

Employment is expected to deteriorate and even get worse this year. Economists predict a net total of 1.5 million to 2 million or more jobs will vanish in 2009, and the unemployment rate could hit 9 or 10 percent, underscoring the challenges Obama will face and the tough road ahead for job seekers. In addition to the recent 2008 unemployed, it’s estimated that 11.1 million Americans are totally out of work.

The labor department also reported that the manufacturing sector lost 791,000 jobs in 2008, and these loses are still continuing. The construction industry payroll shrank by 899,000 last year. And the financial sector lost 148,000 jobs.
Recapping more job loses, only a few of the industry is indicated:
2.6 million: Jobs lost nationally in 2008.
1.9 million: Jobs lost in the last four months alone.
791,000: Factory jobs lost in 2008, roughly half of them in the last four months.
522,000: Retail jobs lost in 2008, more than half of them in the last four months.
22,000: Automobile dealership jobs lost in December alone.

This chart shows the good years among the bad years for working Americans. Take a look at the dramatic decline of unemployment under President Bill Clinton. And take a look at both president's Bush track records on each side of Clintons'. It's simply amazing folks!

Barack Obama looks into Clinton economical gurus. During President Bill Clinton’s administration, they were the best years for American business and labor in recent memory. It may explain as to why President Elect Barack Obama has dug in deeper into former President Bill Clinton’s cabinet to find the people that can help us out of this Republican man made disaster.