Vote: Do you think the jobs market will get worse?

We wouldn't be in this state if we hadn't gone to Iraq. I guess the goverment would rather send money overseas than help us that live in the USA. God help us.

Things are going to get worse for some time yet. When they get better, they will never be as good as things have been in the past. Assuming Obama will be the next president, there is not a lot he can do in the short term. It will take years to change our energy dependence, and not one nuclear power plant is currently under construction in the US - thank you president Bush. Education is the key, but scrapping NCLB now and replacing it with something that will work, will still require at least ten years to show a difference, because we've been backsliding in comparison to the rest of the world for six years now. Countries that agressively faced their energy woes years ago, like Brazil, are destined to become the world leaders. But even they are not investing much money in the US because they know we haven't bottomed out and they can buy cheaper later. Yes, the Iraq war was a costly mistake, but it's cost in dollars is not that large in comparison to what it cost us in support and respect around the world.

We are experiencing all of the factors that will crash the economy. This seems to result from outsourcing, corporate executive incompetence, the housing bubble, the credit bubble, the oil bubble, the inflation caused as a result, and the soon to be Wall Street bubble crashing. All are now or will be bursting shortly. While a global economy has been around for hundreds of years, the United States has not stepped in as a leader but more as a profiteer and then wasting billions on military action in Iraq with no exit strategy. We are in a serious leadership crisis from government to private enterprise. Everyone is addicted and afflicted with quick pop mentalities instead of a sure and steady course. This is the worst economic climate I have witnessed and even though many of us in economics predicted it, too few could do more than warn because when denial is deep, interventions are futile.

General Motors announced Tuesday they are closing the plant here in town by 2010--sooner if the market declines further. My job is being eliminated by the end of this month. It's not just this one plant, either. There are local suppliers, such as Lear Seating, that will have to lay off, too; as well as companies that service G.M., like Allied trucking. These are very good paying, blue collar jobs being eliminated. Local economists say that up to 10,000 jobs will be lost in this city of 65,000. That is a huge blow.

The job market is poised to take an even deeper plunge. The trade deficits created by the short sided mentalities of corporations and consumers will continue to drive jobs elsewhere and prop up the economies of other nations. America established the high cost of producing products in this country with out of scale salaries and benefits and we now chose to not support those industries. We chose to selfishly save a buck in the short term and buy foreign produced products to the detriment of our own industries.

This economic mess is the culmination of seven years of blunders, both public and private. The Bush administration pushed our nation into an unjustified and unnessary war in the middle east that cost hundreds of billions of dollars. The same administration not only decided to " pay " for the war by borrowing money instead of increasing taxes, and added insult to injury by pushing a tax cut through Congress that has benefited only rich and other financially well-off individuals and businesses. Now we are far more deeply debt, because we cut taxes for the wealthy, reducing government income, while vastly increasing spending, through borrowing because it is less unpopular than taxation.

At the same time, loose monetary policies and regulations have encourage speculation in oil and real estate, driving up the costs of both. Oil is not in oversupply, so prices keep rising and fuels inflation accross the spectrum of goods and services. Real estate finally collapsed because of a combination of oversupply and overpriced homes which people could no longer afford, and so much money had been borrowed by the federal government under the Bush administration that credit has been squeezed.

Now, seven years later, we are poised to see high unemployment, ugly inflation rates, and a mess that will probably be worse by 2009-2010 than it was in 1979-1982. If the USA had stayed out of that mideast war, discouraged speculation in oil and real estate, and eased taxes on the middle class instead of the rich, prosperity, not severe recession, would be in our present and immediate future.
To sum things up in one sentence, one could say that Dick Cheney, the real power in Washington, has figuratively shot all Americans in the face, not just a lawyer from Austin Texas.

While I agree that things look bad and may get worse.....one of the candidates will get the spenging cuts through and the other one has already promised to raise taxes. Guess which one!!!

Our job market will drop more and more, until we start producing our own product again. This include our cloth, steel, copper, oil, we must start manufacturing everything again to make our country hold. Just by producing our own oil will solve many of our own problem.

We must stop this Free Trade and stop American companies from sending our jobs oversea, or bring the H1-B visa people in to take job away. We are helping many other country make money but by doing so we are taking our own country down.

Also our government must stop taking our tax dollars and giving aids to other country or $500 million to Mexico to stop the drug cartel, that money will never do anything but go into someone bank account.

If we stop giving money away we would be able to pay our national debt and cut taxes, but you must take everyone out of office now and start over. Our government also needs to be cut down in sizes they have to many department over top of department. We have had to many people in office who has not look out for the American citizen and are very dishonest which has cause our country to go down.

It doesn't matter who's in office unless they want to change the way our government is run and turn it back over to the people we are doom.

It's horrible that we have two recessions within one Presidency. I myself am making less money than I did in 2002 and my cost of living is considerably higher. I am more fortunate than some though, at least I have affordable health benefits. Even though I have a niche job that is safer than some I still worry about my job going overseas. I experienced this in 2002 and had to move about two thousand miles to find gainful employment in my field. I don't think this will turn around until our government shows more fiscal responsiblity and much more concern for the average American. After all, we are the majority and if we are weakened, the country is weakened.

Yesterday I was driving across the desolate regions of Northern Texas and New Mexico. The 2 and 3 mile long trains are the most remarkable mark of man that one can see, aside from near ghost towns that dot the region. Train after train, mile after mile. And atop many of those trains were shipping containers double decked on each car. And on each container in giant letters was the word "CHINA".

I don't think the Chinese have an unemployment problem.

i'm always hearing people blaming BUSH BUT I HATE TO TELL THOSE BUSH HATERS IT IS NOT JUST HIS FAULT IT WAS THE DEMOCRATS THAT STARTED THAT TRADE ACT YEARS AGO OUR JOBS STARTED GOING OVER SEAS BEFORE BUSE CAME IN OFFICE. IF WE WANT THINGS TO GET BETTER IN US WE GOT TO BRING OUR JOBS BACK BUT WE CANT DO THAT BECAUSE THE ONES THAT HAS THIS COMPANY ARE NOT WORRIED ABOUT US BUT GETTING RICHER .MOST OF ALL WE GOT TO BRING GOD BACK INTO OUR LIVES