Some Serious Threats To The U.S. Economy
- Rising Gas Prices
- Student Loan Debt
- Dollar Crisis
- Illegal Immigration
- U.S. Debt Crisis
- Global Economic Imbalance
- Failure To Abide By the Constitution
The Numbers From ADP Are Out
The real question was were there more jobs that have made the unemployment rate drop? The jobless rate dropped more rapidly than many expected, as joblessness slid to 8.3% in January from 9.1% in August, let’s discuss… The real reason for the recent fast drop in unemployment isn’t that there are suddenly so many new jobs, it’s that far fewer people than expected are looking for work. Nearly three years into the recovery, the unemployment rate has tumbled even though new job gains are far smaller than in past recoveries. A flood of Americans in the workforce have lost their jobs in 2008, 2009, and 2010. As their 2 years of unemployment runs out, floods of these same people are being taken out of the workforce and not considered unemployed anymore. Politicians could see the unemployment rate continue dropping to – or even breaking through – the psychologically important 8% mark by Election Day with far fewer net gains in jobs each month.
News You Should Know About
The Obama administration will extend mortgage assistance for the first time to investors who bought multiple homes before the market imploded, helping some speculators who are finding themselves out of luck during the real estate housing bubble. It has been bad enough that tax dollars are going to bail-out bankers and large corporations and now it’s extending into the real estate investment arena. The government really is taking the risk and accountability out of the free market by offering program after program for those that don’t deserve them.
Speaking of real estate…
Beware of the Chinese real estate bubble. It’s impossible to know exactly when this inflated bubble will burst. All that can be said with certainty is that there are serious structural problems with the Chinese economy. We say beware because a major pop in one of the strongest nations in the world is likely to send a shock wave into equities and securities all around the world.
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