Friday, December 4, 2009
Oops! The Unemployment Rate Went Down And The Dollar Up!A team will be assigned immediately to investigate this aberration.
The Demercrat Marxist Progressive Socialist agenda needs more people on welfare and unemployment and this is not getting the job done.
ObamaCare can resolve the issue but it is floundering around in Congress. ClimateGate has severely damaged the “Cap-An-Tax” scheme so it is kinda on the sidelines pending investigations. Both possibilities scare businesses but not enough to really cause the needed increase in unemployment.
The problem then is to create a quick short term “crisis” to make the recovery stumble. The H1N1 “crisis” is not doing as well as anticipated.
One good thing coming in February is when many of the people who got Obama “tax breaks” and used “Cash-For-Clunkers” find out that they are going to have to pay back the government for the favor! That will stop a lot of purchasing in the economy.
The dilemma is how to halt job growth until the February or March dip arrives.
A very simple way would be to turn off the extended unemployment benefits and stop COBRA insurance subsidies. Welfare would explode and the economy get a very serious hit.
There will be an “unexpected uptick in unemployment” very soon…
Malcolm T. Hedges
References:
Dollar Soars After Unemployment Rate Drops
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