Luiz Inacio Lula da Silva Quotes

Today's misery is real unemployment, home foreclosures and bankruptcies. This is the Obama Misery Index and its at a record high. Its going to take more than new rhetoric to put Americans back to work - its going to take a new president.

The lack of available credit and loans is having a severe impact on small businesses in particular, but also their suppliers and the bigger companies too.

The last six months of the Bush administration lost four million jobs and the first six months of the Obama administration lost another four million before any initiatives of the president could take action.

Even institutions of State, such as the judiciary, were seriously weakened, to the extent that the citizenry justifiably feared a breakdown in law and order. The business community was hit by a slump in sales and confidence, leading to reduced earnings and loss of jobs.

People have said I'm the candidate of anger. Well, we have a right to be angry. We lost 3 million jobs. We lost our place as the moral leader of the world.

Britain today is suffering from galloping obsolescence.

We have managed to acquire $13 trillion of debt on our balance sheet. In my view we have nothing to show for it. We haven't invested in our roads, our bridges, our waste-water systems, our sewer systems. We haven't even maintained the assets that our parents and grandparents built for us.

The tragic thing is that we're letting our transportation system crumble at the exact moment we need to build it up.

Like many places across the country, Wisconsin lost more than 100,000 jobs from 2008 to 2010. Unemployment during that time topped out at over 9%.

I say we have not even had the decency to maintain the assets that our parents and grandparents built for us - our roads, our bridges, our wastewater systems, our sewer systems; by the way, those weren't Bolsheviks, those weren't socialists that built those things for us - much less build the infrastructure we need for the 21st century.

The 24% unemployment reached at the depths of the Great Depression was no picnic.

Certainly, 9 percent unemployment and very slow growth is not a good situation.

This recession is the deepest in our lifetimes, the deepest since 1929. If you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is this bigger, this is bigger than all of those combined.

How much would you pay to avoid a second Depression?

It seems not to matter that we are at the brink of a war that may spread beyond Afghanistan and Iraq to Iran and Georgia and then where? To Syria? To North Korea? To China? That we in America are in economic doldrums and are seeing small businesses fold and houses reclaimed by banks and a smouldering panic that is palpable everywhere.

There is a huge crisis of employment in America, in the Western world in general.

President Barack Obama has stood watch over the greatest job loss in modern American history. And that, my friends, is one inconvenient truth that will haunt this President throughout history.

Everyone moans about the collapsing U.S. infrastructure.

When you look what is happening in this country with the debt, the deficit, the CBO coming out and saying once again we're going to have a trillion dollar plus deficit in 2012, the fourth straight year, and unemployment may be going back up to 8.9 or maybe nine percent by the end of the year, these are serious situations that are going.

The upward economic movement in America has undoubtedly reached its end – the crisis has come.

When you travel across America, when you take the trains and drive on its roads, when you visit cities in the middle of the country, the dismal—even rotting—state of American infrastructure is surprising.

You can go to any city in America and see roads and bridges that need to be fixed…. I would not call them unsafe … they are dangerous…. The best highway system in the world is falling apart.

Job loss is coming like a tsunami.

What happened is we went into a recession beginning in December of 2007 that was the worst since 1929. And it is a very deep hole that we have been struggling to get out of.

Unemployment in Florida peaked at 11.2 percent in 2009, higher than the national average, and the state was a center for home foreclosures.