The U.S. unemployment rate rose to 9.8 percent in September, the highest since June 1983, as employers cut far more jobs than expected. The report is evidence that the worst recession since the 1930s is still inflicting widespread pain. Persistently high unemployment could weaken the recovery as consumers, concerned about their jobs and incomes, restrain spending. Consumer spending accounts for about 70 percent of the U.S. economy. The Labor Department said Friday that the economy lost a net total of 263,000 jobs last month, from a downwardly revised 201,000 in August. That’s worse than Wall Street economists’ expectations of 180,000 job losses, according to a survey by Thomson Reuters.
OBAMA NOW OWNS THIS ECONOMY because his lame-assed solutions have not worked and will continue to downward spiral until someone with a plan steps up to the plate and give America what we need to survive this depression. PLEASE CALL IT WHAT IT IS – WE ARE IN THE MIDDLE OF A VAST AND FULL OUT DEPRESSION, WORSE THAN THE 1930s and we have our parents and their generation to thank for it.
Yeah we helped put us all in the dumpster but it was GEORGE BUSH and his FATHER that helped push a tottering America down the wall of poverty. Obama is just there now to sweep us into the sewer. That stinky health care reform he’s been touting hopefully will NEVER go through and become law. If it does watch what happens in America – I think too many people are riled up and pissed off to allow American politicians whom we voted in and who work for us to dictate that we now owe mandatory insurance for health care where the premiums are outrageous and the services are diminished. C’mon Washington – take your head out of your asshole and sell the doo doo – you’re stinking up our lives.
It’s time we get rid of Washington and the Federal Government once and for all. Not violently – let’s use the internet to do it.
—-Bonju Patten
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