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10 Questions Everybody Should Be Asking

10 August 2010 4 Comments

Here are a list of questions that I believe every American should be asking as we move into the fall of 2010 and as we eclipse three years of the economic downturn that began in 2007.

  1. The stimulus bill of early 2009 is reported to have “saved or created” something like 4 million jobs.  Even if this is true, that comes out to close to $200,000 per job.  How is that acceptable?
  2. How much money has the Federal Reserve really printed in the last couple years?
  3. What is the real unemployment rate when factoring in people who are so demoralized that they have given up searching for a job?
  4. If unemployment benefits now last close to two years, what is the maximum that we’re going to allow? 3 years? 5 years? 10 years?  More?
  5. Firms like Goldman Sachs that make most of their money trading (gambling), why do we connect their failure to the failure of the entire economy?
  6. How many people in the government are former Goldman Sachs employees?
  7. How much money are we willing to print to escape deflation? 5 trillion? 10 trillion? 100 trillion?  Is there a max?
  8. What is the economic priority, maximum productivity and wealth creation or maximum employment?
  9. How much money has the Federal Reserve printed and sent overseas in the name of “global stability”?
  10. What percentage of the economy / GDP is dependent on defense and welfare spending?

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  • sit and go said:

    They have not prevented a nouvellee rising unemployment rate. While hiring in the United States have accelerated at a much faster rate than expected in July. But the unemployment rate, according to figures released Friday, Aug. 3 in Washington by the labor department, now stands at 8.3%.

    Economists expected to maintain at 8.2% unemployment rate, which is calculated on a basis different from that of job creation. Three months before the U.S. presidential-dominated jobs and the economy, the United States has 12.8 million people officially unemployed or 100,000 more than the previous month.

    Job creation side, the U.S. economy created last month 163,000 more jobs than it destroyed, its largest gain since February, the ministry said in its monthly report. The net hiring in the country and appears in sharp increase from June (64,000), outperforming the median forecast of analysts who had forecast 100,000. Job creation in June were initially estimated at 80,000.

    Since the beginning of the year, the number of jobs created in the United States has reached a monthly average of 151,000, registering a slight decrease from the monthly average of 2011. According to the government, job creation in July were particularly drawn up in "the food industry, public houses and industrial production

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