posted on Aug, 3 2010 @ 10:51 PM
In the beginning he states with people going back to work the unemployment numbers will go up.
Yeah, I remember going over that in college, it was called lying in business ethics.
Actual unemployment rates now, 16-22%. I am one not covered in the statistics.
One question not raised by many yet, with the way the economy turned out, what actually would have happened if we would not have bailed out the
government's corporate partners (whores)? All I know is that when you protect unproductive components of an economy, you continue the unproductive
practices. Just as an example, a vehicle sold by GM comes with a $2500 attachment for pension benefits to retired workers.
I think the next bubble is going to be public worker's pensions. Just look at the city of Bell as an example. Heck, the pension that manager is
getting is like 600k for retirement.