Friday, August 06, 2010

recovery on ropes

Hey, is recovery on ropes? It still feels like a recession to me. Unemployment is still going up. The number of people without work is increasing. What few jobs are being created are in fast food which is low pay. This is one of the few areas of expansion. Yeah namely the services. Obama has done what he can to destroy health care. Basically, you can forget about getting a job as a nurse. Most of our  high paying high tech jobs were sent to India due to out sourcing. This means the government now has less revenue. Add to that all the unemployed seniors taking early retirement and you have a perfect storm for our economy.

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