Quote:
Originally Posted by roachboy
The unemployment rate hit 10 percent in October, and there are good reasons to believe that by 2011, 2012, even 2014, it will have declined only a little.
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We know jobs are a lagging indicator. A point I have been emphasizing is that there is a lagging cost to fiscal policy stimulus, if the economy fails to creates jobs or if there is jobs growth in 2011 and then a reversal around 2012 here is why:
A picture is worth a thousand words.
However, if there is a focus on the federal government creating a environment friendly to business and real job creation we will see real and lasting job growth. We control our destiny.