[Son House]

FOX NEWS SUNDAY (Fox Network): Juan Williams bullish on the economy, predicts 8% unemployment by mid-term elections 2010

Obama’s Weekly Radio Address 02 21 09

http://www.youtube.com/watch?v=6vWmtPRPpJo

THE PRESIDENT: Earlier this week, I signed into law the American Recovery and Reinvestment Act — the most sweeping economic recovery plan in history.

Because of this plan, 3.5 million Americans will now go to work doing the work that America needs done.

^
Better find new economist, The President and his Democrats are bullish too, and were only off by -10 million Jobs since they passed Stimulus #1

[gov_bean_ counter]

Many of the Bush tax cuts expired a couple of days ago. Couple that with the uncertainty of Obiecare and Crap&Trade and there is no reason for businesses to start hiring. I suspect businesses large and small have already analyzed the worst case scenario and have planned accordingly. Unemployment will increase significantly over the next year, not go down.

[rodguy911]

The big question is how will all these new govt. jobs be funded after 2012? where will all the money come from. If the new adm.(in 2012) is thinking clearly,a huge govt. sell off will begin. Sell off as many things that the govt. should not be doing to free enterprise and try and save the integrity of the nation.

They can begin with GM. (if there are any buyers.)