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| Name: |
water_watcher
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| Subject: |
Jobless claims going the wrong way
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Date:
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1/13/2011 8:47:05 AM
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"Initial" jobless claims jumped unexpectedly 35,000 to 445,000 this past week.
Thank God that Obama is seeing the light and starting to embrace conservative approaches to the economy. Yesterday he announce that his administration will be proposing a series of "corporate" tax cuts to help stimulate corporate spending and investment to create jobs.
Gee what a novel idea ... too bad he wasn't thinking that way two years ago. We would would have been in much better shape.
It took a beating in congress and trying to save his own rear end in 2012 that caused him to take the rose colored glasses off and realize he owns the economy and better listen to those that know how to run it.
But it also points to why he can not be trusted .... unlike Clinton, I believe he would go back to his socialist beliefs in a heartbeat if given the opportunity.
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| Name: |
MartiniMan
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| Subject: |
Jobless claims going the wrong way
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Date:
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1/13/2011 1:56:34 PM
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The economy is still a mess and the problem is they have only agreed to temporarily extend things like the tax rates. That does not inspire long term confidence that will spur job growth. Best thing they could have done was make the current rates permanent and even better would be to double down and lower the rates but the politics of the situation will never allow that to happen.
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