Labor Department's February 2008 Report

Browsing ABCNews I came across a news article about the crises. No, it was not the war. No, it was not oil. No, it was not foreclosures. No, it was not dropping home values. No, it was not any of those things that are mostly written about.

This time Jeannine Aversa wrote about the rate of job loss climb. Yep, someone is finally talking. It appears that the February Labor Department's report on job loss came out, and it is the highest job loss rate in five years. In fact Aversa even wrote about the job loss rate that was reported in January.

The January jobless rate report was wrong. The report has the rate at 17,000 for the month. But in fact the rate was really 22,000 of jobs loss for the month of January. But February's report is much higher at three times the amount.

The February's job loss report for the month is at 63,000.

The economy will only get worse now. The Republicans never learned that one true law of economics. That law has been around for a very long time. It was true in every great civilization during it's peak when the economy was best. That law is as true today, as it was decades or even centuries ago.

"A Working Economy Only Works, When The People In That Economy Are Working!"