8.4% Unemployment Rate is Expected in 2009 - Obama Has a Real Challenge »
Posted By altnrg 9 months, 3 weeks ago in News
Economic analysts expect a 1.5 percent decrease in the country’s economic growth this year. With rising inflation and unemployment, the housing crisis and foreclosure problem is expected to continue.
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orndorffter9 months, 3 weeks ago
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I have high hopes for our country, and now we have a president who is welling and ready to repair what he can from the damage that America has faced, I truley beleive hes going to do his best to repair our damaged country. We are in a bad place at this time and its going to take a while,but we'll make it with Gods helping hand guiding Obama all the way.
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Endoscopy9 months, 3 weeks ago
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mark-stevens9 months, 3 weeks ago
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I have a 1984 Forbes magazine that accurately predicted the 90's economic boom that Clinton gets credit for. There is a problem to the trickle down economy, it is when the very top stops getting money to trickle.
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In my town the largest employer Meridian Boats shut down laying off 800 people. Meridian Boats built boats "starting" at $100,000 -
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Spratz9 months, 3 weeks ago
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Reagan's policies are still hurting the working class. He put taxes on unemployment benefits that are still in place today. He felt that unemployment was a paid vacation. If you have ever collected unemployment you know that it is a far cry from a paid vacation.
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He gave all of the tax breaks to the rich and the corporations. He is the most over rated president I have seen in my life time.
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HMMace9 months, 3 weeks ago
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Prediction time:
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Obama will not move on any thing big...he just will
not "act"
That --acoring to the old saying--"A leopard never
changes his spots"
That according to what he done in Illinois--or
Washngton as the peoples representatve.. -
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william-sire9 months, 3 weeks ago
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Obama has already faced a his first real challenge... reciting the oath of office. He didn't do that to well.
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Obama is brining nothing new nor any "change". It just the same old failed Cater and Clinton polices. If the Carter people weren't the walking dead he would be rehiring the same as he is rehiring the Clinton people.-
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4thchance9 months, 3 weeks ago
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I found it to be really strange that Obama screwed up on the wording of the oath. That's a hell of a place to not say what you're suppose to say! So, doesn't that mean that his oath is no good. Wouldn't it be like in a marriage ceremony, if one doesn't say "I DO"? seems to me that would mean it isn't a legally done deal!? Obama stumble around and did not say the entire oath as it's written and suppose to be said. In essence, he did not actually say "I DO" Seems really weird to me!? If it were Bush who screwed up something like that, it would be front page news for days on end. He would have been criticized and trashed to death over it.
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buckncindykill9 months, 3 weeks ago
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Did I vote for this guy? No. Do I want him to be the best president this country has ever had? Absolutely; but that's according to my definition of what "the best" would entail, not Bill Ayers'. I want a president who promotes self reliance, who honors the concept of the individual, who brings us more economic liberty, who recognizes the danger of big government, and who will be an inspiration to millions of people who, before today, thought that their future was out of their hands. As my father used to say; "People in hell want ice water." But we'll see.
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antonygreyComment removed: Spammer
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lloydm659 months, 3 weeks ago
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President Obama will have to renege on most of his promises.
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In the campaign he spoke as a ruler,today he finds himself the least powerful of the three bodies of power.Not all the democrats are of his ilk.Most of the dems who were seated in 2006 were not bleeding heart liberals,and will not roll over,and play dead. -
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reallypsst9 months, 3 weeks ago
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I would say the rate is closer to 12% because of the homeless and Americans not on the census role,but we all hope for an improvement in about 2011 right now the nation is going threw a metamorphism of epic adjustment and industry is consolidating and reinventing themselves !
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thoughtforsale9 months, 3 weeks ago
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It´s not all about money, when it comes to end up with this horrible crisis. Financial support is necessary, there´s no doubt, but what is really missing is a psychological factor: it´s trust! Barack Obama won´t rebuild in a few days, what bankers or investors without responsibility and corrupt managers destroyed, but he is the one to bring back some courage, strength and self-confidence. If it is true that the financial markets are based on psychology far more than on pure economy, he´s the right man for this difficult job!
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4thchance9 months, 3 weeks ago
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From the way things are going, I predict things will be much worse then what their predicting here. The first round of bail-outs didn't work. Right now, if you add all the bail-outs up, including the $1+ TRILLION DOLLARS that Obama wants to add to the already $750 Billion, were talking over 2 trillion dollars. Obama is talking he wants this new round of funds right away. If he gets it and uses it, we will know in just a few months if it's working or not. If it looks like it's not working, or in fact it is not working, then we are screwed. That will mark the point that our economy is not going to recover and that will be when true panic sets in. Then we go into a depression. So, judging from that great possibility, I'd say by years end we are at a MUCH higher rate of unemployment then just 8.4% or so. More like 20% or higher. I hope that's not the case, but things ain't lookin' so good are they?
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SandmonsterComment removed: Hard Banned
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IsaiahR9 months, 2 weeks ago
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The number of work at home people are increasing everyday. The unemployment rate is also increasing. Times are tough; tight finances are driving up the need for payday loans. Layoffs are causing more people to have to collect unemployment every day. I got laid off in an industry that was failing nationwide. It left me wondering what I should do next. I knew staying in the same industry wasn’t a good idea. This article from my payday loans' source talks about the best careers to start right now, the best businesses to start and the best states to start them in. Turns out higher education and health care are pretty much recession-proof. Click here to read more: http://personalmoneystore.com/moneyblog/2009/01/09...
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coolrayfruge-137 months, 1 week ago
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People have no one but themselves to blame.
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We've allowed our selves to be ruled,controled.
We depend on someone else to solve our problems ,take care of our needs.
We let them take advantage of us.
We gave them the power over us.
We've exchanged Freedom for convience,security.
We're controled by money.
they use it to keep us enslaved.
To rob us of our Freedom.
Manipulating us with it.
Their were no recessions.
When man lived freely off the land.
Before governments and empires controled and ruled our lives.
Their are tribes today in the Amazon that are not controled by money or governments.
Proof that man once existed without these needs.
And they coexist peacefully.
Working together helping one another. -
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nilimaa4 months, 1 week ago
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And they coexist peacefully.
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Working together helping one another. http://eluhealthcare.blogspot.com/ -
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pujaa4 months, 1 week ago
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http://www.vtechmassacre.com/ And they coexist peacefully.
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Working together helping one another. -
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rajnii4 months ago
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http://www.babyshoppingmall.info/
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And they coexist peacefully.
Working together helping one another.
http://pinkcitytravel.blogspot.com/ -
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kitika3 months, 2 weeks ago
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Quite a week, indeed.-Online Sports
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jeez, someone's having a bad day! Lighten up, Ascot is about having fun, and I think we could all do with only games -
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suparnaa3 months, 1 week ago
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Quite a week, indeed.-Online Sports And they coexist peacefully.
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Working together helping one another.
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