Archive for July 14th, 2011

“Don’t call my bluff” … say, what?

July 14, 2011

It’s reported that Pres. Obama huffed “Don’t call my bluff, Eric” to Congressman Cantor before walking out of the debt negotiations.

Huh? Freudian slip?

Did he mean; “I’m not bluffing, Eric”?

Or, was he telling Cantor that he was, in fact, bluffing … and didn’t want to be called on it ?

Cue the teleprompter.

I’m confused.

Glum alums … Nearly 20% of recent grads are unemployed

July 14, 2011

According to the National Journal … .

Two years after the Great Recession officially ended, job prospects for young Americans remain historically grim.

More than 17 percent of 16-to-24-year-olds who are looking for work can’t find a job.

  • The percentage of young people who are working—has plunged to 45 percent.

Taken together, the numbers suggest that the U.S. job market is struggling mightily to bring its next generation of workers into the fold.

College graduates who enter the labor force during a recession make significantly less money — in their first year and over the course of their careers — than grads who walk into an economic boom.

Not surprisingly, polls suggest that America’s young people have grown more pessimistic about the economy and their own future fortunes.

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Friends with benefits …

July 14, 2011

Punch line: The number of unmarried cohabitators has doubled in the past 10 years …

[DIVORCE jump]
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