Unemployment at 9.6%

Winter · 08-07-2009, 07:13 AM

Higher of course in reality.

Just remember. Obama said that if we did not pass the Stimulus Bill right here/right now (no time to get bogged down in reading the bill or holding hearings for public input) that unemployment would go to 8%.

Let's see now. 8% if we dont pass a bill. 9.6% if we do plus a cost of a trillion or two when interest is added in. Which one you gonna go with?

Where did that new clunker money come from. Was that new expenditure or did they shift from the existing stimulus. Anyone know. Please dont tell me it was new.

Soonerman · 08-07-2009, 09:39 AM

Ah-ha Winter, this time you are mistaken! The news this AM is that un-employment is DOWN, now at 9.3% and we're on a roll. Happy days are here again, the skies above are clear again. Let's all have a cool one and toast the majority party.

djanema1 · 08-07-2009, 10:05 AM

Originally Posted by Soonerman

Ah-ha Winter, this time you are mistaken! The news this AM is that un-employment is DOWN, now at 9.3% and we're on a roll. Happy days are here again, the skies above are clear again. Let's all have a cool one and toast the majority party.

So true... things are getting better and i see the end of the tunnel... but... wernt we supposed to be getting green jobs and cars that run on french fry grease....

Winter · 08-07-2009, 10:38 AM

Originally Posted by Soonerman

Ah-ha Winter, this time you are mistaken! The news this AM is that un-employment is DOWN, now at 9.3% and

Hmmm...I see. That is good news given the one trillion dollar cost. If this keeps up, pretty soon we will have almost as good a rate as the 8% he said we would have had if we did nothing.

On the other hand, I did notice that Barry said that that 9.3 was just a dip and that we are still on our way to 10%. George Bush, inherited, etc.

http://www.bloomberg.com/apps/news?p...d=aBlcmXsYLV4I