The economy picked up speed in February, creating jobs at a pace that would substantially lower the unemployment rate. But Washington could put a stop to that.
Even as analysts hailed a better-than-expected jobs report on Friday that pointed to an acceleration in growth, they warned that stronger employment gains are being put at risk by sequestration, the automatic spending cuts being imposed by the federal government.
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It seems as though the economy is headed in the same direction it was when the first housing bubble popped. Government backed mortgage securities + money printing = artifically better statistics. I haven't even read the article but I'm willing to bet my diner that more than half of those jobs are part time jobs created when somebody else's hours were cut in preparation of Obamacare. 29 hours a week you know.
ReplyDeleteWe The People! Our Country is in shambles. Focusing on health care reform? We should be focusing on the jobless unemployment rates and the citizens that are becoming homeless do to being unemployed. We the citizens need to speak out and start focusing on politically correct agendas. We are this countries voice. We are the tax payers. We must unite as citizens to overcome these obstacles in regards to political agendas. Health reforms is not going to turn this country around. A Concerned and Unemployed Citizen who has lost his job, home,vehicle and his wellbeing. danielreynoso70@gmail.com
ReplyDeleteThe Economy 101 By The Numbers Click Here This link puts it into layman's terms and it compares presidents.
ReplyDeleteThe Economy 101 By The Numbers Click Here This link puts it into layman's terms and it compares presidents.
ReplyDelete