boedicca
Uppity Water Nymph from the Land of Funk
- Feb 12, 2007
- 59,439
- 24,109
- 2,290
Our government meets the definition of insanity: doing the same thing over and over again and expecting a different result.
Yet more evidence of the lunacy of Obamanomics:
Unemployment claims once again UNEXPECTEDLY rise.
America's job machine is stuck in neutral. And that's a worrying sign.
The number of Americans signing up for first-time unemployment benefits a gauge of layoffs surged to 464,000 last week, the Labor Department reported Thursday. That was higher than a consensus of economists expected and slightly above the average for the year.
With first-time claims staying stubbornly high, it's unlikely that unemployment will come down quickly. If unemployed Americans don't return to work, they can't spend, which slows the recovery.
There's an outside chance that it stops recovery altogether.
Unemployment claims surge, as jobs outlook sours - CSMonitor.com
Extending Unemployment benefits won't fix this.
Wall Street Reform won't fix this.
ObamaCare won't fix this.
More Stimulus spending won't fix this.
Raising taxes won't fix this.
Cap and Trade won't fix this.
Taking over more industries won't fix this.
Obamanomics = EPIC FAIL
Yet more evidence of the lunacy of Obamanomics:
Unemployment claims once again UNEXPECTEDLY rise.
America's job machine is stuck in neutral. And that's a worrying sign.
The number of Americans signing up for first-time unemployment benefits a gauge of layoffs surged to 464,000 last week, the Labor Department reported Thursday. That was higher than a consensus of economists expected and slightly above the average for the year.
With first-time claims staying stubbornly high, it's unlikely that unemployment will come down quickly. If unemployed Americans don't return to work, they can't spend, which slows the recovery.
There's an outside chance that it stops recovery altogether.
Unemployment claims surge, as jobs outlook sours - CSMonitor.com
Extending Unemployment benefits won't fix this.
Wall Street Reform won't fix this.
ObamaCare won't fix this.
More Stimulus spending won't fix this.
Raising taxes won't fix this.
Cap and Trade won't fix this.
Taking over more industries won't fix this.
Obamanomics = EPIC FAIL