Not that I have an opinion one way or the other on recovery, but historically unemployment is the dead last indicator to recover in a recession, typically around six months out. So if you are looking for an indicator that is actually going to show signs of recovery, you are looking at the wrong one.
You have to realize that all those people have also lost their health insurance. So most of them will turn into supporters of government-sponsored health care insurance. Obama is adding tens of thousands of supporters every day by pursuing the catastrophic economic policies he has chosen, and I believe he is ruining the economy intentionally.
Not that I have an opinion one way or the other on recovery, but historically unemployment is the dead last indicator to recover in a recession, typically around six months out. So if you are looking for an indicator that is actually going to show signs of recovery, you are looking at the wrong one.
ReplyDeleteYou have to realize that all those people have also lost their health insurance. So most of them will turn into supporters of government-sponsored health care insurance. Obama is adding tens of thousands of supporters every day by pursuing the catastrophic economic policies he has chosen, and I believe he is ruining the economy intentionally.
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