Some random thoughts from a warped and fevered mind...
I'm a man of my convictions, but far more proud of my acquittals.
The heinous attack on our soldiers at Ft. Hood by one of our own soldiers reminds us that this is an extremely dangerous world. There are obvious enemies of our freedom and way of life that are in other countries. There are enemies within, as well, and it requires vigilence and courage to protect our freedoms and ensure our safety. Compromise with terrorists and those that seek to do us harm WILL NEVER WORK, and for that reason, I am thankful for those that serve to protect us. Our thoughts and prayers are with the soldiers and their families at Ft. Hood.
I've still got my looks. I just can't find them.
Unemployment has climbed to 10.2% of the work force, the highest rate in 26 1/2 years. This does not bode well for a quick recovery in the U. S. economy. It is estimated that the under-employed, those working at jobs for which they are over qualified, and those that have quit looking altogether, would add another 3-4% to this figure. That is a significant number of people out of work, and it does not bode well for a quick economic recovery in this country. The consumer accounts for 67% of the GDP spending, and the consumer is suffering. Until this trend reverses, look for the economy to limp along for the forseeable future.
All I want out of life is a warm bed, a kind word, and unlimited power.
And that, my friends, is my view.
That broader measure of unemployment is even worse than what you note here, and is now at 17.5%.
ReplyDeletehttp://blogs.wsj.com/economics/2009/11/06/broader-unemployment-rate-hits-175/
I expect that it's going to be a long road back, as even those who are still employed are getting socked with higher insurance premiums, as companies try to pare employee costs in any way possible (I'm getting trimmed by about 2% for next year, for example).
Dark days, indeed. On the hockey front, we don't need anybody pointing figures at various markets, as attendance is obviously going to decline in a number of cities.