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To: crusher
Where you go wrong is if there are no jobs for them ... then what? Remember Carter got the unemployment rate up to 8% in short order. Economists are saying we should top Carter highs in 2009. Carter was also famous for stagflation, with inflation headed up at about 12%.

Reagan suffered the worst as unemployment continued to go up during his first two years, before finally beginning to come down.

We are currently pushing up towards 7% unemployment. Don't need people to do the jobs Americans won't do, anymore.

11 posted on 11/12/2008 8:26:27 PM PST by Tarpon (America's first principles, freedom, liberty, market economy and self-reliance will never fail.)
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To: Tarpon

Imo, unemployment is worse than 7% when you factor in the underemployed. You get let go from a sixty thousand dollar a year job to work as a Wall Mart greeter doesn’t even factor into those statistics. :( People are hurting.


20 posted on 11/12/2008 8:38:58 PM PST by Texas_shutterbug
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To: Tarpon

In Obamaworld, people don’t need jobs. The government pays their mortgage and puts gas in their car.


42 posted on 11/12/2008 9:41:55 PM PST by fightinJAG (Who needs the Fairness Doctrine? Obama admits the power to tax is the power to destroy.)
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