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It is not where we need to be but better than it has been. Maybe there is some light at the end of the tunnel.
There is true hope now as the republicans are about to take the house where money is spent. The light at the end of the tunnel is flood of 60 or so new republicans who want to get the budget under control.
Go to that light embrace that light. That light is true hope
There is true hope now as the republicans are about to take the house where money is spent. The light at the end of the tunnel is flood of 60 or so new republicans who want to get the budget under control.
Go to that light embrace that light. That light is true hope
Good luck with them actually doing what they say. I doubt either party changes the economy much. Reality is many of the jobs are not coming back and many American's have themselves to blame for living beyond their means in the past.
Economists forecast 2.1%, so they were close for a change.
3% is the post-war average and is the amount needed under normal economic conditions to generate enough jobs to sustain population growth. 3% generates approximately 100,000 jobs a month.
Economists forecast 2.1%, so they were close for a change.
3% is the post-war average and is the amount needed under normal economic conditions to generate enough jobs to sustain population growth. 3% generates approximately 100,000 jobs a month.
I'd agree if that 3% was consumer spending. The bulk of this increase though was based on inventory restocking. That in itself won't generate jobs. Consumer spending was anemic at 0.6%.
Then again..one of the credit card banks (Citi maybe) reported a 50% increase in profits from their credit cards so people are spending and they are spending money they don't have.
I wonder... WHEN they are going to "revise" it down to 1.2%? A year after the "fact"?? Again? Why does government get it wrong so many times and who do I blame?
Economists forecast 2.1%, so they were close for a change.
3% is the post-war average and is the amount needed under normal economic conditions to generate enough jobs to sustain population growth. 3% generates approximately 100,000 jobs a month.
There's 15 million people outta work and more that the Gov't doesn't count because they are out of benefits. The month that Bush Jr. left we lost 761,000 jobs. 500,000 jobs a month are needed and that will never happen. The United States of America is now the joke of the world.
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