Flopper
Diamond Member
- Mar 23, 2010
- 31,623
- 8,756
When it was 10; they said it wouldn't break 9; when it was 9, they said it wouldn't break 8. Yes it will get to 5.4. Although unemployment is cyclic, naysayers will always claim, the economy has been damaged so badly, it will never come back, at least not until their man gets in office.With unemployment at 7.7%, down from 10%, and with the Fed predicting a 6.7% rate in 2014 and 6% in 2015, I serious doubt there will be any additional programs aimed at reducing unemployment. More likely is less fed bond buying and and higher interest.
The next major bill will be immigration reform.
Dude the media was fit to be tied back in 2003 and 2004 when unemployment went from 5.4 to 5.6 and you think 6% is acceptable?
Unemployment rates will never be that low again. This administration has done so much damage it will take 10 to 15 years to correct it.
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