Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Former Obama Economic Adviser Warns Unemployment Could Rise
ABC News ^ | George Stephanopoulos

Posted on 03/11/2012 1:29:45 PM PDT by Kartographer

The economy has added more jobs than expected in each of the past three months, pushing down the unemployment rate to 8.3 percent and marking the best six-month streak of jobs numbers since 2008. But President Obama’s former economic adviser said today that this seemingly rosy economic picture probably won’t last. “I think the main thing that [President Obama] ought to worry anybody is that the growth rate is probably not as sustainable as at high a rate as it’s been, so the pace of expansion, which for six months has been pretty impressive, it may just slow down a bit,” Austan Goolsbee, now an ABC News contributor, said today Sunday on “This Week.”

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Business/Economy; Front Page News; Government; Politics/Elections
KEYWORDS: austangoolsbee; captainobvious; employment; goolsbee; jobs; obama; unemployment
Navigation: use the links below to view more comments.
first previous 1-2021-22 last
To: mikrofon

Yes, and they will claim that the Republicans are deliberately sabotaging Obama’s wonderful plans. The big lie has always been a part of every Democrat strategy.


21 posted on 03/11/2012 11:04:12 PM PDT by Pining_4_TX ( The state is the great fiction by which everybody seeks to live at the expense of everybody else. ~)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Kartographer

Bad thing about a new depression is that we probably will have to eat some kind a of free vegan soup with tofu.


22 posted on 03/12/2012 7:25:16 AM PDT by Crucial
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-22 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson