One's Observations

A collection of some things I observe along the way.


"U.S. unemployment will surge to 10 percent this year and the budget deficit will be $1.5 trillion next year, both higher than previous Obama administration forecasts because of a recession that was deeper and longer than expected, White House budget chief Peter Orszag said." (Bloomberg article)

Yet Bernanke is sticking around?!?!?!

I'm afraid we are in real trouble.


LL said...

Deeper unemployment and a larger deficit call for more rules and emergency measures to "fix" the situation. Unfortunately their solution is higher/more taxes, bigger government, less free enterprise and more entitlements. It won't work. It never worked.


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