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The article says the 9.7% rate isn't expected to go down to prior 5% levels until 2014!
1 posted on 09/27/2009 10:39:33 AM PDT by Steelfish
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To: Steelfish

Take a look at:

http://www.scribd.com/doc/13267412/The-Kenyan-Candidate-Obama-SetUp-Known-in-Moscow-in-1991-the-First-Time-I-Heard-of-Barack


2 posted on 09/27/2009 10:41:18 AM PDT by DontTreadOnMe2009 (So stop treading on me already!)
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To: Steelfish
The article says the 9.7% rate isn't expected to go down to prior 5% levels until 2014!

The Bamster and his minions are sadly mistaken if they think the American people are going to wait that long.

3 posted on 09/27/2009 10:41:40 AM PDT by SaveTheChief (Obama lied, America died.)
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To: Steelfish
Trying desperately to convince us that this whole thing happened naturally. We know the players now thanks to thier transparency!
5 posted on 09/27/2009 10:49:07 AM PDT by ronnie raygun (We are governed now by educated idiots!)
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To: Steelfish

I believe it. Hussein has caused great damage to the US economy by even being elected. There is no effing way you can attract foreign capital to the United States with Hussein, Pelosi and Reid in charge.

The only hope is the GOP dumps RINOs in 2010 primaries and has the moth of all blowouts in 2010 then exposes Obama total involvement with ACORN and indicts him for criminal activitoes.

The only rays of light in the short-term is Leo & Terry in Hawaii and the Kreep/Orly case in front of Judge Carter. I worry Orly will screw it up.


7 posted on 09/27/2009 10:51:14 AM PDT by Frantzie (Do we want ACORN running America's healthcare?)
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To: Steelfish

So two years into a new presidency to bring back down unemployment. I can see that.

If you are a business owner:

1. would the threat of card check cause you to increase or decrease your labor force?

2. would the threat of cap and trade cause you to expand your business or stand pat?

3. would the upcoming expiration of the Bush tax rate cuts cause you to expand your business or be more careful about expanding?

4. would the uncertainty about what is going to happen to health insurance for your workers cause you to increase or decrease your labor force?

5. would the threat of new regulation cause out to expand your business or stand pat?

You can not savage the economy and expect it to grow and hire more people.


8 posted on 09/27/2009 10:51:32 AM PDT by JLS
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To: Steelfish
"college graduates can't find jobs, young workers get laid off and older workers delay retirement"

The productive delay retirement because college graduates and young workers are idiots and unemployable.


9 posted on 09/27/2009 10:51:39 AM PDT by I see my hands (_8(|)
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To: Steelfish

I work in a restaurant. Thankfully our business is stable. Most restaurants in out segment are down 20-40%. The real news is that last year we took about 5 apps a week for Server/Bartenders, mostly from people already in the restaurant industry. Now we take at least 5 a day from people primarily not in the restaurant industry. If they are looking for Server jobs, it means they are discouraged with the opportunities in their previous field.

We are at, or above full employment now. We will probably start letting some of our less productive employees go as we add. Meanwhile, the job seekers just keep coming.


10 posted on 09/27/2009 10:55:48 AM PDT by Republic of Texas (Socialism Always Fails)
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To: Steelfish

Slap tariffs on outsourcing in the amount of unfunded mandates that companies have to pay for usa based employees, and you’ll a big hiring surge.


11 posted on 09/27/2009 10:57:01 AM PDT by StolarStorm
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To: Steelfish

Perhaps we should stop sending American jobs to other countries.

Just a thought...


13 posted on 09/27/2009 10:59:28 AM PDT by Cringing Negativism Network (PALIN / BECK 2012.)
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To: Steelfish

Kids today better go after engineering skills. The day of the libtard art major is over.


16 posted on 09/27/2009 11:02:00 AM PDT by eyedigress
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To: Steelfish

OK. I’ll post the economy tracker I found last night again.

It’s CNN. Sorry ‘bout that. But it’s interactive.

Jobs, unemployment, foreclosures, by state and month:

http://www.cnn.com/SPECIALS/2009/map.economy/index.html

Take a gander at manufacturing jobs over the last year-1.5 years.....

It’s like the movie “Twister” at the drive-in movie theater. It’s already here. Do we have the courage to use the will and manpower for taking key sectors back, like our forefathers during all those battles in WWII, Nam, Korea?


17 posted on 09/27/2009 11:03:13 AM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spirito Sancto.)
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To: Steelfish
Welcome To The New Normal (Double-Dip Recession)


22 posted on 09/27/2009 11:13:41 AM PDT by blam
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To: Steelfish
Great Recession Great Job Exporting Transforms The Workplace.

Fixed it. The jobs sailed away on the deficit trade winds. Sending Treasuries to provide ballast on the ships return trip is a lose-lose.

We have to produce more of what we consume.

23 posted on 09/27/2009 11:15:05 AM PDT by ex-snook ("Above all things, truth beareth away the victory.")
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To: Steelfish
Great Recession Transforms The Workplace

At what point will the economists at the NBER and BEA with their revisions of revised quarterly figures start calling it a Depression? It took them a year before they told us this "Great Recession" had already started even though the technical definition didn't quite fit. The current figures look like there will be no growth and even more contraction of GDP in Q4 and at least the first half of 2010.

If it takes until 2012 or 2013 to start seeing recovery of GDP to mid 2008 levels it would seem to me that's more than a double dip or L shaped recession. With continued unemployment and under-employment in the 10% range and investment dollars looking outside our uncertain economy due to unfriendly government policies I don't see much Hope and Change until we throw Congress and the current administration out.

30 posted on 09/27/2009 11:29:15 AM PDT by eggman (Obama's Spread the Wealth will work just as well as Spread the Liabilities (sub-prime mortgages))
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