The economy in Greece is very bad. Unemployment is huge. Though it is a very small country. Unemployment rates in the double digits is nothing but trouble for Greece. Their economy has been hurt by many factors. But the unsustainable debt and Unaffordable politician promises has made things very difficult for Greece. In [...]
This past week we got numbers that said Unemployment Rate was 9.7% for Jan 2010. It is good to see a drop in the numbers but the underlining information does not seem to follow that people are being hired at the numbers to cause this drop in unemployment. We also received a report that [...]
Democrats again prove that they will follow their fearless leader off a cliff. Voting to end debate in the US Senate. When will people wake up that the Democrat party is for theirspecial interests only. They do not care for the people except in words. Their actions show they will divert the taxes we pay [...]
Heritage Foundation again has a great article. Taking the Government Congressional Budget Office report to show what is happening with our current spending habits. I agree with Heritages foundation that the summary alone should wake up Congress and get them to be more fiscally responsible. Almost all of the projected growth in federal spending other [...]
Domestic Oil production has been dropping until Drilling started in the Mid West, North Dakota to be exact. Higher prices for oil from overseas. It would seem to be a good thing to drill in the US to supply our own needs instead of giving money for our oil needs to foreign governments. It produces jobs [...]
http://finance.yahoo.com/news/White-House-Budget-deficit-to-apf-15199183.html?.v=8 US red ink rising even higher, to $1.8T This is now a record 4 times bigger than any previous deficit. This in fact was a deficit bigger than the US Budget for 2003 which was 1.978 Trillion Dollars. Think of it 6 years ago the deficit we are facing in 2009 is greater than [...]
Unemployment rates. Obamas projections used to estimate budget consideration. http://www.gpoaccess.gov/usbudget/fy10/pdf/fy10-newera.pdf Table S-8 used for the following article. Page 132. 1 Budget years has Unemployment to be 8.1% this year. Yet in March the latest numbers released we had unemployment levels of 8.5% From news articles for various big cities. Unemployment in some of the cities exceed [...]