Unemployment Crisis

Alternet has created a chart of how bad unemployment fell after peak employment. Job numbers are at their worse since the 1940s.

Can we finally dispel trickle down economics. Wages have been stagnant. The middle and lower classes are less likely to spend money. Consumer confidence will continue to stay low.

The lack of wage growth during George W. Bush's presidency means Democrats are likely to make gains in this year's election, said Dean Baker, co-director of the Center for Economic and Policy Research in Washington.

``People vote their pocketbooks,'' he said. ``They're likely to take out their problems on the incumbent party. It's going to be pretty hard'' for Republican presidential candidate John McCain ``to escape Bush's mantle on the economic front.''

Unemployment is increasing. The September rate was 9.8 percent. Republican talking points of tax cuts are not going to make a difference. Jobs need to be created and fast.