Home > Uncategorized > Economy on the right track!

Economy on the right track!

http://www.foxnews.com/politics/2010/12/03/jobless-rate-rises-percent-highest-april/

In a surprise announcement the labor department announced the worst numbers since April after jobless claims unexpectedly climbed.

But really, its never expected when you expect magic economic improvement instead of realistic market reactions to the uncertain and outwardly hostile business policy of this administration and the democratic controlled house and senate.

Unemployment benefits are simply not economic stimulus. At best they are a stop gap measure to keep people paying their bills until they find a new job and start spending again. Why not make unemployment benefits permanent? If you lose your job the US tax payer will give you a check for the rest of your life. It won’t be as much as your job, but hey, free money and its sooooo good for the economy!

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