Economists are likely to say yes. If the unemployment rate does not improve then demand for goods services and improvement in infrascture will remain low. The Govt is hamstrung because its running out of tools to do anything about the problem. The Senate seems to be only thinking about reducung the deficit at the very time when stimulation of the economy is required. The Private sector is unwilling to take risks in this environment as such, a further recession is likely unless risks are taken. Doing nothing will continue to prolong the pain that 10%+ of the population are enduring...
As far as i can tell we never got out of the first one. Unemployment is basically stagnant, layoffs continue, and more Americans are on fodd stamps than ever before. So much for the 40+ year war on poverty.
by Sharlee 3 weeks ago
Jobless Claims in U.S. Decline to Lowest Level Since 1969. Unemployment lines across the U.S. last week were the shortest since December 1969, according to a Labor Department report Thursday that showed an unexpected drop in filings for jobless benefits. It's hard to notice all the Help Wanted...
by Kathryn L Hill 4 weeks ago
- what is it do you suppose? something NEW, they say ...
by Deforest 5 years ago
With the Pentagon's global missile shield and the encirclement of Russia and its allies, is the US intending to see what will be its "enemies"' reactions if it launches first a nuclear attack? Does it mean that it is its intentions? Why are we provoking them? Once again, who is the...
by Jack Lee 14 months ago
The question is, is this a good sign or bad?How many people are on food stamps? What percent of our population depends on it?Under Obama, he was called the foodstamp president for a reason. The roll of food stamps increased dramatically under his tenure. Now, in 2017, the number has dropped by over...
by Phoebe Pike 7 years ago
In this time of economic struggle, I have heard many people say we are only going to lose more and that it is going to be harder than any other depression we have ever had... is this true or people just finding a way to describe their economic woes?
by seanorjohn 8 years ago
Do you think a conservative government would lead us back into a recession?
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