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The New DU. Reply #7: Of couse its more.. that why we have near 9% unemployment.
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DCBob
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Sat Dec-03-11 09:38 AM
Response to Reply #3 |
| 7. Of couse its more.. that why we have near 9% unemployment. |
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The reason to be optimistic is that the trends are going in the right direction. Of course we all wish it was faster recovery but the 2008 crash was a major blow to our economy and its simply taking a long time to recover from it. The Bush economy with high employment was based on a bogus housing boom and "ponzi-style" investment scheme. That faux wealth may never come back.
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