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Alexis Glick is an anchor for FOX Business Network. Prior to joining FOX, Glick served as a correspondent for the Today Show and co-anchored the third hour of that program. Before her stint at NBC News, she was the senior trading correspondent for CNBC and reported from the floor of the New York Stock Exchange.
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Dubbers
A jobless recovery is no recovery. First off there are now over 47 million Americans collecting ssi,ssdi. These people fall under the category of welfare has run out, and those who have never held a job. There are a small percentage of those on ssdi who actually are disabled, but that number is relatively small compared to the overall who collect this entitlement. Second, those who are unemployed and want to work are finding it more difficult than ever to find a job. Without these people in the work force there are not enough tax paying citizens in this country to support the massive debt our leaders are piling upon us. Every day the baby boomer generation as a percentage of the work force shrinks, and these are our top earners and majority of our tax payers. Now they are eligible to collect the long awaited Social Security they have earned, further draining a bankrupt system. These are just a few reasons why there will be no true recovery.
steve strubing
Alexis, I am sorry but Bryan has it WRONG and Mort is Righ on! A jobless recovery would be disasterous for the US. Companies will continue to cut jobs to make their bottom lines look better because most mangers do not know how to manage, nor do they know the true condition of their company's finances. Almost all today have NO Christian Values! They consider people to be a commodity, not an investment and a living soul who contributes hard work, long hours for low pay to support a family! After all we have killed 50 million babies, who would have been consumers, and problem solvers sent by God to help with the problems we face today. These people would have paid taxes, had children which would have created more consumer demands. The earth at its current level of technology can support a population of over 20 billion people. Some societies in Europe are not even replacing those who have died. Man is really stupid, when he goes against God. Those who want to solve problems should pray more and be attentive to God's Laws. Humility is very important in the work place and a man or woman should know their limitations!!! It takes a TEAM effort to be GREAT. A leader is nothing more then the guy or gal that calls the plays and sometimes you must block for others!