Does insanity run in your family?
----- Original Message ----- From: lelandj <[email protected]> To: ProFox Email List <[email protected]> Cc: Sent: Tuesday, October 9, 2012 11:36 AM Subject: [OT] Truth About Jobs The USA is no longer teetering on the edge of a financial abuse that could have plunged her into another Great Depression, or worse. If the truth be told, President Obama, and his Administration, have done a masterful job in turn the direction of the country around to recovery with prosperity just around the corner. The stock markets has recovered from its lows of 2009, and is now approaching its all time highs hit just prior to the crash. If the stock market is any indication of how the economy will look in six months, then the future looks bright indeed. All the real estate data suggest the housing market has bottomed and is beginning its recovery. USA citizens have deleveraged since the crash by paying down their credit card and other consumer debts. The jobs market has been recovering for quite some time now with a steady, although slow, long term drop in the unemployment rate from its high of 10% to around 7.8 today. President Obama has a fine record, and I'm baffled why he not running on it. Below is a link to an article in the NY Times: #---------------------------------------- Excerpt: None of this should be taken to imply that the situation is good, or to deny that we should be doing better — a shortfall largely due to the scorched-earth tactics of Republicans, who have blocked any and all efforts to accelerate the pace of recovery. (If the American Jobs Act, proposed by the Obama administration last year, had been passed, the unemployment rate would probably be below 7 percent.) The U.S. economy is still far short of where it should be, and the job market has a long way to go before it makes up the ground lost in the Great Recession. But the employment data do suggest an economy that is slowly healing, an economy in which declining consumer debt burdens and a housing revival have finally put us on the road back to full employment. http://www.nytimes.com/2012/10/08/opinion/krugman-truth-about-jobs.html?adxnnl=1&src=recg&adxnnlx=1349793494-inmELwqWkCUdkrFkbLRIIQ or http://tinyurl.com/9lfhajq #------------------------------------ Regards, LelandJ _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious. _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
