They will drop by a factor larger than 10%.
■"The unemployment rate will be hovering above 8 percent a year from now."
The manipulated and deceiving unemployment numbers used by the government will themselves show 12 to 14% unemployment rate next year.
"■US gross domestic product will grow at an average of 2 percent or so for years - a third slower than were used to."
We will have several years of no growth... a shrinkage... like hussein's manhood when compared to Bush's.
LLS
Some analysts that I’ve heard over the past six months predicted a correction in the spring (2010). If we only had a crystal ball....
“A false recovery....”
“A market correction of more than 10%...”
“A decline led by the next wave of real estate....”
There does seem to be concensus that something is about to drop.
The libs have been ranting for years that the world’s liberal democracies have higher social spending. Yet they failed to notice that those same liberal democracies also had higher persistent unemployment rates. Now that they are getting their wish for the US, why would anybody think persistent US unemployment would differ from the liberal democracies.
The next Republican presidential candidate should campaign on removing forward US deployments in Europe especially, and across the world. US troops should be about protecting US interests. The navy should defend only US flagged shippers. The US should withdraw from financing and participating in UN sponsored military interventions.