Saturday, June 18, 2011

Unemployment High Amongst Veterans, Gov. Brown Does Not Like Budget Gimmicks and

Short Takes on the News Because It is a Summer Weekend

USA Today reports on the high unemployment rate among those recently leaving the military.

Veterans are having a particularly tough time finding jobs. The estimated jobless rate among male veterans ages 18-24 was more than 30% in May, compared with 18% among male civilians of the same age group, according to the Bureau of Labor Statistics.

Readers will have to supply their own comments as The Dismal Political Economist is too depressed by news like this to come up with anything funny or clever.

Democratic Governor Jerry Brown of California vetoed the state budget that had been drafted by his own party saying

because it "contains legally questionable maneuvers, costly borrowing and unrealistic savings."

Lawmakers of both parties were astonished, saying they thought those things were required in California state budgets.

Los Angeles Coliseum officials told the University of Southern California, whose football team plays in that stadium that they would be unable to make $60 million in planned renovations to the facility. The University said they didn’t understand why needs like education came before football, “I mean, what’s that all about?” said an unnamed academic official at the school.

Former Wisconsin Senator Russ Feingold urged Democrats not to use the same fund raising techniques for raising unlimited corporation contributions as the Republicans are using.  Apparently Mr. Feingold believes that losing every single election in 2012 is the way for Democrats to get their programs preserved and enacted.

A Gallup Poll found that a Generic Republican leads President Obama 44% to 39%.  Some Republican leaders mistakenly thought the poll said a Geriatric Republican led the race and started a movement to nominate former President George H. W. Bush.

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