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To: ScaniaBoy

The correction of US-financial market proved to be short-lived

http://www.baltic-course.com/eng/analytics/?doc=19494

Since the start of this recession the economy has lost 7.2 million jobs and the trend is continuing however at a slower pace. During the best times for the economy during nineties it was generating at best 2.15 million jobs a year.

On top of it there is almost 100000 new people entering the job market monthly due to immigration and population growth.

It’s going to take an enormous growth in the US economy to create millions of new jobs and bring the unemployment rate back to 5%.

This government is much more concerned about implementing their grandiose plans by borrowing enormous amounts of money.


8 posted on 10/19/2009 3:19:53 AM PDT by Son House (OcarterCare by Congress will make all Americans = Wards of the State)
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To: All
The graph shows a down trend in the Federal Deficit until Democrats took over Majorities in Congress January 2007, and I'd bet Senator Obama voted for most all the increasing deficit spending;

Bush Deficit vs. Obama Deficit in Pictures

http://blog.heritage.org/2009/03/24/bush-deficit-vs-obama-deficit-in-pictures/

text describing the image
9 posted on 10/19/2009 3:21:16 AM PDT by Son House (OcarterCare by Congress will make all Americans = Wards of the State)
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