Is America No Longer Great?

Discussion in 'Economy' started by Twalbert, Sep 29, 2011.

  1. Twalbert
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    Twalbert Member

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    This morning we got better than expected initial claims data, with claims falling under 400,000 for the first time in what seems like forever, but that does not mean it's "all systems go" on the jobs front.

    We had 391,000 people filing jobless claims for the first time, as opposed to 420,000. Last week was revised to 428,000, up from 423,000. Continuing claims are still hovering around 3.75 million, so this is nothing new. We also saw the Bureau of Labor Statisticsannounce that we created an additional 192,000 jobs over the past year.

    Source: Is America No Longer Great? | Benzinga
     
  2. AquaAthena
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    AquaAthena INTJ/ INFJ

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    America is struggling to stay great. As long as the Constitution is not circumvented, it may stay that way. As far as being the "land of opportunity".....that now appeals only to those willing to break our laws to come here illegally to take advantage of our entitlement programs, that have us on the brink of disaster. We have lost faith in our leaders and no longer trust our government.
     
  3. expat_panama
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    expat_panama Silver Member

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    So we'll get it back. This is temporary and we need to remember that this high unemployment and lack of economic activity is not how things have been in the long run.
    [​IMG]
     
  4. Mr Clean
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    Mr Clean Gold Member

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    Some parts of America are great, some not so great.

    It all depends on where you are and what you can afford.
     

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