467K jobs cut in June; jobless rate at 9.5 percent

[DownNotOut]

http://news.yahoo.com/s/ap/20090702/ap_on_bi_go_ec_fi/us_economy

Okay, tried to get the format right! Hope it's good!

[JRScott]

It's not over yet, North Carolina's economist and politicians are expecting unemployment to continue to rise over the next year and top out over 12% (It's already 11% here)

[Flamingo]

Okay, tried to get the format right! Hope it's good!

[banca rotta]

And to think I thought the Bush TARP and the Obama stimulas were going to prevent all this from happening.


Geez! Next time I won't listen to them...

[DownNotOut]

"We are in some very hard and severe economic times," Labor Secretary Hilda Solis said in an interview. "The president and I are both not happy."

This has to be my favorite.

Aw gee, I feel so bad that they're not happy. Meanwhile you read stories of people killing their families and taking their own life over their finances, but Obama and Ms. Labor Secretary have the gall to describe themselves as "not happy". I'm sure they feel real sick about it each night when they go to bed. Right.

[JRScott]

This has to be my favorite.

Aw gee, I feel so bad that they're not happy. Meanwhile you read stories of people killing their families and taking their own life over their finances, but Obama and Ms. Labor Secretary have the gall to describe themselves as "not happy". I'm sure they feel real sick about it each night when they go to bed. Right.

They're not happy because they are having trouble spending and pushing through his Agenda because the state of the economy is such that we can't pay for it.

Has nothing to do with their sympathy for the common man, look at the Omnibus bill...how much of that went to the common man...think about it....

[catleg]

This guy gives me all the economic news I need:

http://www.youtube.com/watch?v=KWu-efNN8PM