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Updated: 6:29 PM Sep 5, 2008
Economic Report Paints Grim Picture
The U.S. economy was jolted last month. Government figures show the jobless rate jumped to a 5-year high, surprising even the experts. Posted: 5:40 PM Sep 5, 2008Reporter: Diana Alvear |
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Many people in the United States are living on the edge. If the check comes in, they are O.K. until the next check. But when the job is gone or the check does not come, it is panic time. When someone else is out of work, it is a recession and when we are out of work, it is a depression. Poor governance and lack of accountability have led this country where we are in financial problems. I am optimistic that we can and will recover if our elected officials start thinking about the good of the country instead of their lust for money and power. Common sense has eluded our people into thinking that we can have something for nothing.
And this surprises you?We haven't even begun to see the worst of this yet people better wake up and get ready for what's comin by the end of this winter were going to see thing's that you never thought you would in the USA middle class family's that can't heat their homes or can't afford food layoff's,and no matter who get's elected it won't be a quick fix!
If the price of a barrel of gas is at its lowest point since april wheres our low gas prices??? Amazing how gas can jump 29 cents at a time but it sure dont' fall that fast!
This is awful! Thank God we live in Bowling Green and were all shielded from this. We have all these great paying jobs and it's never been a better time to buy a house. Per the mayor. Bowling Green is an anomaly. With all the money your making surely buying fuel isn't a issue.