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| Name: |
water_watcher
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| Subject: |
Jobless Claims
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Date:
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4/14/2011 9:33:44 AM
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Jobless claims JUMPED back up over 400,000 to 416,000 after several weeks in the 370,000 level.
I wonder when Obama and the dems will care about jobs and realize getting people back to work raises tax revenues without class warfare. It is all about jobs stupid. I guess he would rather wait until those "green" jobs he talks about are created. What a dope.
There is now predictions that we are headed in to another recession due to the high unemployment, still declining home prices, foreclosures increasing again, HUGE budget deficit and debt, high gasoline prices and yes rising interest rates and inflation. Welcome back to the Jimmy carter years.
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| Name: |
MartiniMan
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Stagflation seems inevitable to me
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Date:
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4/14/2011 10:53:07 AM
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especially after the dishonest speech by the Messiah on his plan to come up with a plan to create a plan to solve the deficit and debt issues. His mantra on tax increases, especially now that we find out the GOP's $38.5 billion cuts are actually only $325 million in actual cuts, will only increase uncertainty for small business. Combine that with inflation fears (justified in my view), potential for rising interest rates, loss of the mortgage interest deduction, etc. and you have the perfect recipe for a double dip recession combined with inflation.
He is simply not a competent person in any way except his ability to read a teleprompter and project a clean, articulate appearance.
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