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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (485079)6/2/2009 10:00:12 AM
From: i-node  Read Replies (1) | Respond to of 1574004
 
His biggest negative on the economy is employment. He doesnt see it turning around in a big way

After the US government has spent literally TRILLIONS of dollars to hire people, how can unemployment not "turn around", even if only temporarily?

That's the entire point of all this make work Obama has put into the budget. If it can't turn the unemployment mess around, it isn't going to do anything but cause inflation.

Which is the reality. We should get a LITTLE upturn in employment, but the cost will be massive inflation. What we need is growth and that is nowhere in sight.