"The Labor Department is scheduled to release a report Thursday expected to show the nation's unemployment rate edging closer to double digits. Wall Street economists predict the jobless rate will rise to 9.6 percent in June from 9.4 percent in May. That would mark a 26-year high."okay so the Stimuus package was supposed to stop this from happening, yes? So what is going on here....
does anyone else remember how it was supposed to save and create jobs? where are they? someone tell me where these jobs are? My guess if you someone really looked into it they would find that any jobs that have been made have been in the Union sector, not that of everyday beings ...
And I know a lot of people will sit back and try to blame this on the last administration, but they need to stop and look at when all this started happening and what Washington, not just Obama but Pelosi too, has done ....
they have said that if you have health insurance they are going to tax you, you can bet that the tax will be coming straight to you paycheck so that it will actually be a penalty to jobs who offer it to their employees ....
they have passed a bill which will tax energy bills for every business, some places it will nearly double it - forcing companies to shut down because they can't pay the over-head.
they are going to dictate "code" for homes being sold ... and yes, it has been confirmed that the language of the bill states that they have the right to force these changes onto older homes too ... so you've already got a house that is hard to sell, now they want to add another $10,ooo-20,000 in fixes which you can not get back on the selling price. so there go some more defaulted loans ....
which will lead to more banks failing because they can't get loan payments back .... oops that could be the start of a vicious circle.
any way you look at it .... the policies coming out of Washington DC these days is contributing to the job losses more than they are fixing them.
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