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CBO says real unemployment over 10%, federal taxes to go up 30% starting next year?
And they said with the current taxes and policies it will remain long term.
And this is the new Democrat controlled America, and you want that for a future?
Unbelieveable.
7 Answers
- Anonymous9 years agoFavorite Answer
No problem lets do some more deficit spending. That should fix it.
- Anonymous9 years ago
Settle down. Any fool would know its gonna take time for a full or even partial recovery. And we may never get there ever again completely. But to stay in a pessimistic mode of thinking is unamerican and it sucks.
- socialdLv 79 years ago
Yes it was clever for the administration to just say hey lets redefine who we count as unemployed to make it look like unemployment is lower than it really is. But alot of people know better.
- markLv 79 years ago
Oh for crying out loud. The real unemployment rate is always a few percentage points above the reported rate. So, back when the UI rate was 6.5 it was really 8.5. Now it's 8.5 but its really 10.5.
But for purposes of comparison within our economy and to other administrations, the reported rate is accurately reported
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- Curtis 1911Lv 79 years ago
Oh' goody that is just perfect for creating more dependance upon the government, and buying more democrat votes.
- Anonymous9 years ago
When you include the Chronically Unemployed like Children and Old people the REAL Unemployment rate is something like 55%
YIKES!!!!
(And don't try to tell me Children and Old People shouldn't work -- that's COMMIE TALK!)
- ?Lv 79 years ago
"Recessions", have consequences, or didn't you know that, also tax increases have to be approved by congress, or did YOU not know that?