When hurricane Katrina hit New Orleans in 2005, thousands upon thousands of people lost their homes to the flood that followed. Many, I am sure got the proverbial at least you have your life, or we can, we will rebuild. But as you pass through the parishes today, you still see the evidence of that faithful day. And that fact that many of the people of this exceptional city never returned to the complete destruction that is the city post Katrina.

The economy sucks. We all know this. Yet we all tell each other that it will get better. We say this in part because America has gone through a few recessions and even a depression and every time we did, we came out better then when we went in. We also believe this because our government keeps telling us things are looking up. The tides seem to be turning.

But I am start to get the feeling every much that either a) they’re lying to us, or b) they’re just that stupid. I started out believing that they are lying to us, then as the crisis continued, I truly began to believe that maybe, just maybe they are that stupid, and I felt that if they are stupid there is a chance that thing will get better.

But now, who knows. Between the price of oil, food and everything other then Victoria Secret going up. The fact that 9.4% of our neighbors are out of work, and yet another Country to possibly go to war with it seems that we need to fundamental change directions and figure out that its going to mean to be an American in this new millennium.

Breakdown:

·          Rate of job losses in the United States slowed significantly in May

·          345,000 jobs lost in May 2009

·          Smallest number of monthly job losses since September 2008

·          Six million jobs have now disappeared since the recession began in December 2007

·          14.5 million people are now unemployed

·          Manufacturers cut 156,000 jobs, \

·          Construction cut 59,000 jobs – improvement over last months 108,000 jobs

“But in a sign of the recession’s worsening toll, the unemployment rate climbed to 9.4 percent, its highest point in 26 years. The rate — a measure of jobless people looking for work — rose more than expected, partly because more people were resuming the hunt for a job.”

“Job losses likely to pile up through the rest of the year as the country’s labor market bottomed out.”

Read Article: Joblessness Hits 9.4%, but Losses Slow