Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: Talkradio03
Likely, What would you call a shedding of millions of jobs at the rate of 400-500k a month. The official unemployment rate is 9.7% heading for 10%, the real unemployment rate is 16% or greater. When you factor in the underemployed more than 1 in 5, 20% or more, of working Americans are unemployed / underemployed. The government tax revenues are off by 18% the business tax revenues are down by 57%.

These are all DEPRESSION ERA NUMBERS. Meanwhile the idiot in chief tries to cram the largest tax increase , Crap n Tax, Universal Health care, and possibly another ‘Recovery” plan.

If this isn't a depression because of severity, the length will make it so in a few more months

12 posted on 08/06/2009 8:55:00 AM PDT by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Jim from C-Town
......and possibly another ‘Recovery” plan.

Jim Puplava of FinancialSense.com says he has a friend working in Washington, D.C. right now with Congressional dhimmis coming up with a 2nd porkulus bill to have ready in time for Obummer to announce in his first state of the union address. You knew it was coming. They won't stop until the dollar completely collapses.

13 posted on 08/06/2009 10:10:47 AM PDT by OB1kNOb (CITIZENS OF LIBERTY! RISE UP AND DEFEAT THE EVIL BEAST, OBAMUNISM!)
[ Post Reply | Private Reply | To 12 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


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