Trajan
conscientia mille testes
With an increasing population and a decreasing job base, ten percent unemployment is the new norm. And neither government or business is willing or able to do anything about it.
Better get used to it.
Oh brother....I just listened to this from the Obama camp. Now it's the talking points from the left. When a president is in over his head with managing his position....it becomes the "new standard" then becomes a talking point. All it really is, is a deflection of blame from Barry (Mr. Teflon).
whenever they cannot manage the system, its is because its 'broken'....they are setting up for 2012, as they know after reports from the fed etc. and the fact that forecasting appears to be all over the map vis a vis jobs etc. they are in real danger of a an unemployment above 9.0, damn I hope not but......if it is? good night nurse.
....if theres one person I expected a non knee jerk response from it was you. you know that Germany and several other European nations in 2007 started ratcheting down their corp. tax rates for instance, real estate laws etc., grappling with adjusting entitlements etc. They didn't follow us as to massive spending, merkel built in savings to her last austerity measure in june without tax increases to boot, they had record growth in Q2, , so theres a lesson there somewhere...no?