Sunday, January 24, 2010

Jobs

We have no jobs.  Officially unemployment is around 10%.  When Bush left office it was several points lower.  Obama introduced the trillions in stimulus to pump start the economy - and less than 100,000 jobs were created.  Costly program.  The unemployment rate is much higher - closer to 17.5%, and in some areas as high as 20% (Chicago and Detroit).  It is not a record to run on, and after all the money spent, fewer people are employed today than before the stimulus.

Oh but some will argue it is Bush's fault.  That is why 77% of investors believe Obama is anti-business.  If I owned a business, and was faced with the possibility of huge fines or taxes over health care - I wouldn't hire anyone, and so the unemployment rate will continue higher.











obama

Make Mine Freedom - 1948


American Form of Government

Who's on First? Certainly isn't the Euro.