Gene Sperling Talks Jobs: Good, But Not Good Enough

Over 50 and laid off? Chances of finding a decent FT job w/benefits is about zero!

How can the job market be improving when there have been so many business closures and major company layoffs? Are we going to be told in a couple of months that the numbers were actually south of this in a couple of months? Something doesn't make sense here, are we being handed a bunch of #$%$ again?

192,000 people stopped looking and are no longer counted. Can you spell MANIPULATION!

The market tanks and the job numbers are revised up. I am not surprised. This number is a bad con job. I monitor all of the major job sites and believe me there is nothing out there.

terrible but not the worst, that's what it should have read. In this report they fail to mention that people looking for a job is at an all time low, that's why unemployment went down, noone believe there's a recovery or any jobs. Real unemployment is resting at a comfortable 18%. Left wing media just can't tell the truth.

Crappy, and not nearly good enough, is more like it. Is he the guy that puts the makeup on the White house pigs.

Remember the government always fudge's the figures 10 to 20%, wait for the correction in about a month, & it will be a lot less, what is the real unemployed figure 18,19% & you got this just summer employment for students thats going away in the end of August, back to school. What a joke

Oh, Mr. Sperling the soothsayer. If the market hadn't bounced 500 points yesterday, Mr. Sperling would be lauding the new payroll numbers. He's another johnny come lately.

The 800lb Gorilla in the room is not China although China is at the window avariciously looking in. The 800lb Gorilla is the 1 million legal immigrants we give work visas to each year including 100,000 H1b visas for India alone. Most of the professions are now swamped by low-cost Indians. Why are we still letting them in when we clearly don't need them.

This guy is an idiot, too. Good jobs number??? It takes 150,000 jobs a month to keep up with new entrants into the workforce. How can 117,000 jobs be good? It's less than break even. There will be no stimulus, corporate profits will weaken, the tbaggers will insist on austerity. The rich will get richer and the middle class more poor. Party on fools.

what a lame joke.

government spending only means taking it from someone else that could spend it more efficiently or borrowing it and hocking our kids future. Just get out of our life and we would all be better off long term.
Social Security is bust because the money never earned interest, not because enough wasn't put in. If you add employers contribution it amounts to 14% withholding. Compound your contributions by the average 10 yr rate over the last 40 yrs and the program would be in a surplus given the small benefit. An absolute disgrace.

45000 well paid and fully benefited Verizin workers just went on strike! What a slap in the face to the 14-20 million unemployed or underemployed workers in this nation. In my humble opinion they are whining at the worst possible time particularly when one considers that half of them could be replaced with nothing!

If "good" is not "good enough" as Sperling just said, isn't his "good" actually BAD???

Corrupt Political Thugs, and Career Politicians....... they get what they deserve.

Any proposal that does not tax the wealthy fairly, or the Mega International Corporations fairly and responsibly, just as the middle class is taxed, is unjust and reprehensible.

Warren Buffett once "complained"/ "bragged" that his secretary paid more in income taxes than he did??? That should tell you something.

All of the critical retractors spew out that they pay more taxes than Middle America, but PROVE it. Be sure to include Tax Loopholes and write-downs. That and a fact that 47-50% of Americans do not pay taxes???

Maybe the Super Rich, conveniently forget that they are a percentage that pay little to no taxes just as the Welfare Bottom Feeders do not.

Both Extremes take advantage of the Middle Class Blue Collar America. Sucking the blood out like Leeches.

Illegal Immigrants buy SS numbers, get driver's licenses, sign up for entitlements like Title 19, food stamps, government subsidized housing,
subsidized income, Medicare, Medicaide, you name it, taxpayers pay for it.

Then the illegal immigrants complain about their life in America?? Something wrong here? Let Mexico take care of their own people.

We cannot continue to support "extra" people that do not pay taxes, or cheat on their taxes. Once illegal immigrants get established here, with their boughten SS numbers, they send home to Mexico for any kind of birth certificate of any relative living in Mexico, so they can conveniently take those birth certificates to our Social Security offices, get SS numbers, and add these relatives to their income tax returns as "dependents", further driving down their income tax resposibility, and increasing the refund that they get back from the IRS.

The Wealthies 1% control 95% of America's Wealth, and if you believe that they honestly pay their fair portion of taxes, then you are very naive.

The middle class, and Middle America is the social, ethical, and financial backbone of America.And the Wealthy,

The Large Multi-National Corporations, and Super Banks, are the vultures that pick from the bones of the middle class, until there is nothing left to pick.

The Acronym NAFTA ring a bell??? It should. It allows U.S. Corporations to set up shop just over the Mexican border to produce goods that were once "Made in the USA".
After the products are made, then they are conveniently transported back across the border into the Good Ole' USA, with no taxes, or penalty. The average Mexican worker makes $10/ hour, that isn't his wage, is total benefits, including whatever "health insurance", "retirement", that the US corporations decide that they want to inculde in the "compensation" packages.

We have just witnessed this, there is nothing left for them to "Capitalize On" here in the USA, and this is after they have evidentally bled their foreign countries dry, until they cannot make the profits they want.

Politics = Legalized Mafia.

The government is not for the people anymore. It is for the wealthy, and big business, big banks.

Corrupt and Irresponsible Politicians are the Paid Thugs that do the dirty work for them.

Democracy is not Irresponsible Capitalism. Democracy is not Socialism. But Irresponsible Capitalism IS the direct opposite of Socialism

iF YOU BELIEVE ANY THING THAT THE GOV. TELLS YOU ABOUT TNE EMPLOYMENT RATE.I will sell you the Broklin bridge.Get off the turnip truck people !!

The jobs market received a small boost this morning with news that the economy added 117,000 jobs in the month of July. But the job creation falls short of the 125,000 foreign workers that received new work permits last month.

There are several ways to bring jobs back to the US.

1. Give tax breaks to companies that bring jobs BACK from overseas.

2. Raise taxes on the company earnings FROM overseas operations wher the product is sold HERE.

3. Slap real TARIFFS on goods that are imported from countries that ILLEGALLY peg their currency to the US dollar. These currencies DO NOT float on the world market as other currencies do. They artifically peg their currency TOO LOW for an UNFAIR trade advantage.
Did you hear that China? Not all of us are stupid enough to allow you to continue your thieving ways.

These three ideas alone will bring MILLIONS of jobs back to the US. But the corrupt politicans won't allow it.

Jobs have been priority #1 for Obama since he entered office. Results?

Huge constraints with this Congress?? You're kidding, right? I think the constraints are with our creditors, not Congress. The only reason anyone is lending to us is Europe is a basketcase. This practice can turn on a dime, however.