“Unemployment is the No. 1 economic issue right now,” Michael Feroli, the chief U.S. economist at JPMorgan Chase & Co., told the InvestmentNews editorial board last week. “It's actually been the No. 1 economic issue for a couple of years now.”
Mr. Feroli is absolutely correct.
In terms of priorities, unemployment trumps declining home values, escalating gasoline prices and the prospect of inflation. It even trumps the ballooning federal budget deficit, although no one would ever know it with all the chest thumping and political posturing coming from both sides of the aisle on Capitol Hill.
This article was published in Newsweek. It's former President Clinton's 14 Ways to Put America Back To Work. Great suggestions and excellent justifications for each. It's Still The Economy Stupid"!!
- Posts : 21
Join date : 2011-02-17
Bill is absolutely spot on. If money were spent on these things we would all already be back at work.
- Posts : 1219
Join date : 2011-02-21
This is great info. Thanks for posting. Maybe we should include this in our correspondence and ask, where is YOUR plan??
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