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Old 04-19-2009, 12:02 PM
 
943 posts, read 3,160,401 times
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The so called economic experts are telling us that the National Unemployment Rate will be going up to 10% or higher AFTER the Recession has ended. While the official end of the economic recession will likely be late this year, that fact will not have much impact on the job market or the people desperate for cash to pay their mortgage.

Even though I am a Democrat, I wonder if people will have started to blame Obama and the Controlling Party in Congress when the unemployment rate is still over 10% in November 2010 (the mid Term Elections). Obama and the Democrats will say we ended the Bush Recession. This might be true offically but few real people will feel the so called recovery. What do you think?
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Old 04-19-2009, 12:08 PM
 
Location: San Antonio Texas
11,431 posts, read 19,000,893 times
Reputation: 5224
Quote:
Originally Posted by Weekend Traveler View Post
The so called economic experts are telling us that the National Unemployment Rate will be going up to 10% or higher AFTER the Recession has ended. While the official end of the economic recession will likely be late this year, that fact will not have much impact on the job market or the people desperate for cash to pay their mortgage.

Even though I am a Democrat, I wonder if people will have started to blame Obama and the Controlling Party in Congress when the unemployment rate is still over 10% in November 2010 (the mid Term Elections). Obama and the Democrats will say we ended the Bush Recession. This might be true offically but few real people will feel the so called recovery. What do you think?
Is there a "link" for this?
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Old 04-19-2009, 12:14 PM
 
35,016 posts, read 39,154,953 times
Reputation: 6195
Quote:
Originally Posted by Weekend Traveler View Post
The so called economic experts are telling us that the National Unemployment Rate will be going up to 10% or higher AFTER the Recession has ended. While the official end of the economic recession will likely be late this year, that fact will not have much impact on the job market or the people desperate for cash to pay their mortgage.

Even though I am a Democrat, I wonder if people will have started to blame Obama and the Controlling Party in Congress when the unemployment rate is still over 10% in November 2010 (the mid Term Elections). Obama and the Democrats will say we ended the Bush Recession. This might be true offically but few real people will feel the so called recovery. What do you think?
I think the Repugs are counting on people remaining as short-fused and short-memoried as they've always proven to be...the plan is to sweep in at the tail-end of Obama's cleanup and say "WE'LL get you out of this mess!" Then as hiring ticks up, they'll take credit. Kinda like the Little Red Hen story.
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Old 04-19-2009, 12:18 PM
 
Location: I currently exist only in a state of mind. one too complex for geographic location.
4,196 posts, read 5,843,743 times
Reputation: 670
this is what happens when you elect in people who have the IQ of a fruit fly, as barry and his terrorist friends in congress have. I am talking about both dem and rep terrorist members of congress. the free market is the only market. the corporate tax rate should be 0%. you want growth, get rid of the corporate tax rate. barry won't do this because he's a slave to the terrorists that bought his way into the white house. any lowering of tax corporate tax rates makes him look pro wal mart. we can't have that now can we?
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Old 04-19-2009, 12:46 PM
 
2,265 posts, read 3,732,937 times
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Quote:
Originally Posted by Weekend Traveler View Post
The so called economic experts are telling us that the National Unemployment Rate will be going up to 10% or higher AFTER the Recession has ended. While the official end of the economic recession will likely be late this year, that fact will not have much impact on the job market or the people desperate for cash to pay their mortgage.

Even though I am a Democrat, I wonder if people will have started to blame Obama and the Controlling Party in Congress when the unemployment rate is still over 10% in November 2010 (the mid Term Elections). Obama and the Democrats will say we ended the Bush Recession. This might be true offically but few real people will feel the so called recovery. What do you think?
I've heard on multiple shows they don't expect us to get out of the red as far as unemployment goes until 2011 or 2012.
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Old 04-19-2009, 01:46 PM
 
35,016 posts, read 39,154,953 times
Reputation: 6195
Quote:
Originally Posted by thefinalsay View Post
this is what happens when you elect in people who have the IQ of a fruit fly, as barry and his terrorist friends in congress have. I am talking about both dem and rep terrorist members of congress. the free market is the only market. the corporate tax rate should be 0%. you want growth, get rid of the corporate tax rate. barry won't do this because he's a slave to the terrorists that bought his way into the white house. any lowering of tax corporate tax rates makes him look pro wal mart. we can't have that now can we?
You dont know what you're talking about.
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Old 04-19-2009, 01:55 PM
 
Location: I currently exist only in a state of mind. one too complex for geographic location.
4,196 posts, read 5,843,743 times
Reputation: 670
I'm sorry, did you have a point or a reply? or just hateful words because you can't debate the truth?

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Originally Posted by delusianne View Post
You dont know what you're talking about.
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Old 04-19-2009, 01:56 PM
 
35,016 posts, read 39,154,953 times
Reputation: 6195
Quote:
Originally Posted by thefinalsay View Post
I'm sorry, did you have a point or a reply? or just hateful words because you can't debate the truth?
I think my point's pretty clear.
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Old 04-19-2009, 02:03 PM
 
Location: I currently exist only in a state of mind. one too complex for geographic location.
4,196 posts, read 5,843,743 times
Reputation: 670
you don't know what you are talking about. see how effective that is? but it doesn't work without examples. here is an example of barry looking like the retard he is, and backing up my claim about capital gains. I win. all taxes should be lowered. corporate taxes drive businesses out of the country.


YouTube - Barack Obama on Taxes

Quote:
Originally Posted by delusianne View Post
I think my point's pretty clear.
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Old 04-19-2009, 02:55 PM
 
69,368 posts, read 64,108,083 times
Reputation: 9383
Quote:
Originally Posted by Weekend Traveler View Post
The so called economic experts are telling us that the National Unemployment Rate will be going up to 10% or higher AFTER the Recession has ended. While the official end of the economic recession will likely be late this year, that fact will not have much impact on the job market or the people desperate for cash to pay their mortgage.

Even though I am a Democrat, I wonder if people will have started to blame Obama and the Controlling Party in Congress when the unemployment rate is still over 10% in November 2010 (the mid Term Elections). Obama and the Democrats will say we ended the Bush Recession. This might be true offically but few real people will feel the so called recovery. What do you think?
What impact? None, I dont recall how many Republicans are up for re-election in 2010, but from what I recall the numbers are very low, Democrats are safe for a period of time to put their programs into place, they just need to get spending under control before people start to realise that it all needs to be paid back some day.. If they dont, I think Obama might even be in trouble in 2012..
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