The Unemployment Crisis v National Security — Which President Better Handled Crisis Bush or Obama

To me this is a very interesting question; since I am on the front lines of both disasters I can speak to both of them. If you think back to 9/11 it was one of the most devastating days in American history and in my life. At the time we lived 3 blocks from the Twin Towers; we werent allowed to go back to our apartment for 2 weeks because the entire area was a crime scene. What 9/11 did the most for me was take away the security I felt. I had always felt terrorism was something that happens in other places, certainly not in the US and certainly not in Manhattan. The bombing of the Towers in 1993 reinforced my opinion that terrorists were inept and unable to do anything inside the mighty USA. The reaction from our government was swift and hard. Everything changed. Intelligence gathering changed, new Cabinet level departments were created. We started from zero and relooked at the way we did everything; and we made massive changes. No expense was spared to make the country safer from the terrorist threat we now faced. Being a New Yorker and seeing the towers gone was a devastating thing to go thru. The towers were ugly, not much architecture; but they were ours. They were a beacon on Manhattan. When you got off the subway and werent quite sure which direction to go in, seeing the towers always told you where you were. The attack against America was met with a complete head on reorganization and a policy of preemptive war fare, to make sure we weren’t attacked again.

Fast forward to September 2008 when Lehman went bankrupt, the markets were dropping 700 points day after day. There was a scare that there would be a run on the banks. We had a negative GDP of 9%, we were losing 800,000 jobs per month. In the end the total job loss from the financial crisis and recession was 9 million jobs lost. Nine million. The stock market went to under half its 2007 peak. There were no signs of things getting any better. The government bailed out the banks with TARRP and Obama put in place an $800 billion stimulus. And then that was pretty much it. The stimulus did a good job of fending off another Great Depression.

But where was the real work that needed to be done? Why was there no commission to see exactly what caused the financial crisis. Financial crisis and recession are different. Financial crisis are much harder to overcome. So why was there no investigation into what happened, how it happened and how we could prevent it from happening again? Why didn’t president Obama create a Cabinet level Jobs Czar; someone who would focus 100% of their time getting people back to work. Nine million unemployed. Thats a devastating number. Why wasnt this crisis treated like 9/11. Why wasnt the full force of the government there for the human casualties; the ones who through no fault of their own are unemployed. Unemployed not just for a week, month, 6 months, but for years. The government should have handled this as a complete crisis and made policy changes; investigated how people get hired. It is widely known that people who are longterm unemployed are discriminated against in their search for a job. How on earth is that allowed in the USA? The president has not done enough to create jobs. A cabinet level position would have helped; it still could. Someone who can move heaven and earth to get people working again. Yes the GOP obstructed some of Obama’s ideas, however Obama’s reaction to the monumental job losses was inadequate. We are still in crisis mode and nothing is being done about it. That is just unacceptable. How many peoples lives need to be ruined  before something major and dramatic is done to help the longterm unemployed? And I am not talking about extra unemployment insurance; I am talking about restructuring and helping people get jobs. This is especially important since for the last 30 years the middle class has seen their annual pay lessen. More was needed, and its not too late.

So my original question, which was more devastating to America 9/11 or the 2008 financial melt down in my opinion the financial meltdown was a lot more devastating. 9/11 was a horrible day, 3,000 people died, we went to wars where many other people died. We lost our sense of invincibility. But this financial meltdown has effected many more people. 9 million jobs lost. 25 million un/underemployed; 5 million longterm unemployed. And the economy is not strong, many companies are announcing layoffs for next year.

I wish Barack Obama reacted to the jobs financial crisis the way George W. Bush reacted to September 11, 2001.

Advertisements

6 thoughts on “The Unemployment Crisis v National Security — Which President Better Handled Crisis Bush or Obama

  1. Andrew, Last month my husband and I were at a mayor’s meeting and the area economic coordinator was telling us that he’d met in the spring with several mid-level company executives from some local businesses. These men told him that just in our area there were over 180 jobs they were having problems filling because they couldn’t find candidates with adequate job skills or work ethic. So, I think part of the solution to the unemployment problem lies in education. We I was a kid, we had Junior Achievement programs where local businessmen worked with small groups of kids to teach us how to come up with a business plan and create a product, advertise, sell and distribute that product. It was a great learning experience.

    1. I dont buy it when companies say they have openings but people dont have the skills; that used to be called on the job training. The point of my piece is that unemployment is a crisis and Obama didnt handle it like it was one. A lot more should have and can still be done. If its education, the government should pay for it. There should be a cabinet level position regarding jobs and employment. This could also serve to reduce government spending on unemployment insurance, medicaid. People want to work, not be dependent.

      1. Dan, not sure if u are aware that there is an unemployment crisis in the US and long term unemployment worse that during the Great Depression. If you had read and understood the piece you might have realized the governments lack of response to the crisis made it worse; you might have also learned that the response to the 9/11 crisis was handled in a much different way. If you are 72 you havent learned much in experience or how to understand articles. If there is an alleged surplus of jobs out there without skilled people to fill the jobs thats where a company comes in and pays for what we used to call on the job training. Skills are easy to learn. Talent is not learnable, its inherent. Your response is what I would have expected from an uneducated teenager; if you are 72 you are benefiting from Social Security and Medicare which might not be there for younger generations. Your lack of sensitivity is astounding, your lack of depth is mind boggling. My blog might be over your head in intellect, you might want to go back to listening to and following Rush’s rantings

      2. Dan, not sure why I posted your response since its been a long time since I have seen so many words say so little. Your comments, mostly incorrect, have little to do with my piece and little to do with reality. You did make me laugh with the superiority comments.

  2. When I think back to the horrific time I sat in the Middle of America and watched that TV go back over those planes hitting NYC . My country I was speechless .
    Today we have a new very real crisis that is also sneaking up on America .
    Andrew again your thought provoking forethought could help stop this awful
    Jobless country we call ours .
    You keep putting your thoughts out there . You making people think . Thinking is what’s needed .. You are a world changer just keep going

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s