U.S. Joblessness May Reach 13 Percent, Rosenberg Says »
Posted By gunnyreef 2 weeks, 6 days ago in News
The US unemployment rate may rise to a post-World War II high of 13 percent in the aftermath of the recession, said David Rosenberg, chief economist at Gluskin Sheff & Associates Inc. in Toronto.
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gunnyreef
I am a true conservative, i believe in limited government, low taxes, personal responsibility,states rights and personal freedom! I tow no party lines and ...
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29%
Justice4All2 weeks, 6 days ago
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It took Bush 6 years to create this mess. It will probably take a few years to reverse the trend and a few more years for things to recover.
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Funny that shortly before Bush left office people were trying to blame Clinton for decisions made over 8 years ago. But as soon as Obama was in office the state of the economy was based on what Obama did yesterday. -
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gunnyreef2 weeks, 6 days ago
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The thing is you cannot fix it by raising taxes and making new entitlement programs, taxes need to be cut to spur growth. We have the second highest corporate tax in the world behind Japan. In todays digital world more companies can easily leave and most are for cheaper places to set up shop.
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insuranceman2 weeks, 6 days ago
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It will probaby get even higher then 13% if you consider no actions are being taken to balance trade. Yet many more millions will be without health insurance and the ability to pay their bills. The politicians need to fix the trade policies already. As a society we can not afford to make unemployment benefits a modern day welfare program that never ends.
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lloydm652 weeks, 5 days ago
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Yes we can Insurance man,its called dependence,Obama's plan is on schedule.A broken,and dependant nation is a dream come true for the leftist.They will own you out right,but we as a fat,and lazy people especially the elderly who gobbled up the puke Obama was spraying on the them knew well he despised them.They were responsible for creating this One Nation Under God.He told them he would make necessary changes to that,and he's working on it.
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