Join the forum, it's quick and easy

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Stillnutty passed away
Zero jobs: Double Dip Recession EmptyWed Feb 06, 2019 3:59 pm by Sad American

» UF2 Members Chat Thread: Part 3
Zero jobs: Double Dip Recession EmptyThu Mar 02, 2017 1:02 am by DesperateInRI

» UFO 2.1 VIDEO JUKEBOX - Our Chords & Keys To Ascension
Zero jobs: Double Dip Recession EmptyWed Mar 01, 2017 8:19 pm by DesperateInRI

» I see this board has been quiet
Zero jobs: Double Dip Recession EmptyTue Jun 07, 2016 1:24 pm by Knight1009

» Hello Ya'll. *Theirmommie*
Zero jobs: Double Dip Recession EmptyTue Nov 17, 2015 9:42 am by my_lucid_bubble72

» 20 % of Americans Struggle To Buy Food
Zero jobs: Double Dip Recession EmptyThu Jul 16, 2015 1:00 pm by pbrad009

» The Make Some One Day Challenge
Zero jobs: Double Dip Recession EmptyWed May 27, 2015 12:32 pm by Prof_NSA

» Clues to why they not hiring you
Zero jobs: Double Dip Recession EmptySun Apr 05, 2015 5:25 pm by Sandra5yearsunemployed

» New Year Nothing Change
Zero jobs: Double Dip Recession EmptyTue Jan 20, 2015 5:48 pm by Prof_NSA

» Passed?!?! H.R. 3979: Emergency Unemployment Compensation Extension Act of 2014
Zero jobs: Double Dip Recession EmptyFri Dec 19, 2014 4:24 pm by charliekerper

» Forbes: America's #1 Problem is Jobs, Not Debt
Zero jobs: Double Dip Recession EmptySat Nov 15, 2014 10:50 pm by jmainframe

» Economy just getting worse
Zero jobs: Double Dip Recession EmptyMon Oct 06, 2014 12:16 pm by oncemore

» January Jobs Report: U.S. Economy Adds 157,000 Jobs; Unemployment Rate Up To 7.9 Percent
Zero jobs: Double Dip Recession EmptyFri Oct 03, 2014 11:23 am by DesperateInRI

» Hey Guys!!!!
Zero jobs: Double Dip Recession EmptyMon Sep 29, 2014 9:17 am by pbrad009

» Up all NIGHT WORRIED!
Zero jobs: Double Dip Recession EmptyThu Sep 25, 2014 11:56 pm by pbrad009

Social Networks
March 2024
SunMonTueWedThuFriSat
     12
3456789
10111213141516
17181920212223
24252627282930
31      

Calendar Calendar


Zero jobs: Double Dip Recession

2 posters

Go down

Zero jobs: Double Dip Recession Empty Zero jobs: Double Dip Recession

Post by USA Citizen Fri Sep 02, 2011 9:38 pm

With zero jobs, recession risk just got worse
By Chris Isidore @CNNMoney September 2, 2011
http://money.cnn.com/2011/09/02/news/economy/jobs_double_dip_recession/index.htm?hpt=hp_t2

"NEW YORK (CNNMoney) -- As if Friday's report that showed job creation at a dead stall wasn't bad enough, economists say the worst could be yet to come.

That's because high unemployment could be a warning sign -- and the cause -- of the country falling into a double dip recession."

"When employment drops, incomes fall. When income falls, sales fall. When sales fall, production falls. When production falls, employment falls," said Lakshman Achuthan, managing director of Economic Cycle Research Institute. It's a tough cycle to break." ...

"We have never left the recession by any reasonable measure," (Harvard University Professor Ken) Rogoff said.

-------
President Obama will probably propose compromise and capitulate to any demands made by the GOP and Tea Party. However, Democratic leaders across America are calling for Obama to stand up to the Republicans and do something other than give great speeches and then roll over whenever a Republican snaps his fingers. Why doesn't Obama postpone his jobs speech until Christmas Day when every American will have time to watch and listen? The economic catastrophe that has hit America is now the fault of Obama, who has played into the hands of the GOP. History will portray Obama as weak and without vision. Obama could have done so much, but he chose to do nothing.
USA Citizen
USA Citizen
Member

Posts : 149
Join date : 2011-06-06

Back to top Go down

Zero jobs: Double Dip Recession Empty Re: Zero jobs: Double Dip Recession

Post by gettheminNOVEMBER Fri Sep 02, 2011 9:56 pm



John Boehner and the rest of the PACK are gettin what they want. A crappy economy and high unemployment. Obama DOES NOT BENEFIT from this AT ALL. FACT!
gettheminNOVEMBER
gettheminNOVEMBER
Member

Posts : 2626
Join date : 2011-02-21
Age : 49

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum