Posted on 08/03/2010 5:06:41 AM PDT by MindBender26
Treasury Secretary Timothy Geithner acknowledged that it is still a "tough economy" for most Americans, and warned it's possible the unemployment rate will go up for a couple of months before it comes down as more people enter the labor force.
When they see a little hope that there may be jobs out there, they start to come back in again. And that can cause the measured unemployment rate to go up temporarily," Geithner told "Good Morning America's" George Stephanopoulos in an exclusive interview. "But what we expect to see, and I think most forecasters expect this is an economy that's gradually healing, gradually strengthening, businesses starting to add people back."
The economy is not rebounding as quickly as Geithner and the Obama administration would like, he said. Last week's economic report card showed the Gross Domestic Product grew at a rate of 2.4 percent, slower than it had earlier this year.
(Excerpt) Read more at abcnews.go.com ...
Ooooohhh.... :( So, they don’t have to worry about groceries because they gets food stamps. They don’t have to worry about the phone because they can buy a $20 burner down at the convenience store in case their pimp needs to get ahold of them, and maybe even a free cell ohone from osama stash,
LMAO!
You could probably pull it off, if you dressed down and acted stupid. But the problem is you have too much to lose... they don’t have anything to lose.
They have no need for a pimp unless their crack pipe runs dry.
DISCLAIMER to supposed Mexican supposed minorities:They work their tales off 3 jobs a day, 3 families all crammed in one apt. and will tell you to your face how they have no license or green card and they will leave in 3-5 years to move into the 35K ranch in Mexico mansion they can buy and live off of free for life.While Uncle Sam looks the other way even to there ER free health care visits; all because they PAY TAXES and are too afraid to get a refund.
01/10/09: President-Elect Obama’s Weekly Address
http://www.youtube.com/watch?v=cTDln2f0GvQ&feature=player_embedded
At 2 minutes;
Obama “Our plan will likely save or create three to four million jobs, Ninety percent of these jobs will be created in the private sector the remaining 10 percent are mainly public sector jobs we save, like the teachers, police officers, firefighters and others who provide vital services in our communities.”
“Well create nearly half a million jobs by investing in clean energy by committing to double the production of alternative energy in the next three years, and by modernizing more than 75 percent of federal buildings and improving the energy efficiency of two million American homes.”
Hedging our bets, anyone???
Odumba and Odumber!
Hey! Back off... these are the subtle, nuanced statements from The Failed Obama Administration© that we knuckle dragging, mouth breathing sub-humans in flyover country are unable to grasp...
Um, yes. The unemployment rate will increase. Until it reaches the levels that the Obozo Admin needs in order to implement their final socialism plans. Then it will decrease as they place us all on the government payroll. This can only happen after they have taken control of all areas of the private sector.
I hear what you’re saying. I’ve noticed that when you see beggars or panhandlers, they are invariably black or white. You don’t see asians, you don’t see hispanics. Now, I think they will work the system and get every free uncle sam dollar they can scam. But I don’t seem them begging much.
Hey, GeithnerIdiot, use TurboTax this year......? =.=
Believe me it doesn’t matter if a minority appicant has an ID hanging off of his/her neck saying he/she is the CEO of Xerox. They will be declared eligible no matter what. Bureaucrats make their living off of keeping the numbers of recipients up AND they don’t want to be viewed as “racist” so they will seldom if EVER disqualify a minority applicant. If you are non-minority however, even if you are income eligible, they will put you through the ringer and make you jump through all the hoops in the hope that you’ll just walk away. It looks much better to be “helping” minorities than non-minorities on their many reports and paperwork to Big Brother. I know this because I’ve worked for subsidized housing and wanted to wretch every day I was there.
They run this country the way Hollywood celebrities would if they themselves were in office. That is why Hollywood is SO gaga over him.
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