In response to:

Forward: Unemployment Jumps Up to 7.9 Percent

Luckydog1 Wrote: Feb 01, 2013 9:54 AM
rgama, Canada. Their austerity measures have now created a balanced budget.
rigby4 Wrote: Feb 01, 2013 10:10 AM
Just cross the border from Buffalo to Toronto. You would be amazed at the difference in the ecomic activity.
Dyadd Wrote: Feb 01, 2013 9:58 AM
But this isn't Canada.

America doesn't need no stinking "balanced budget"!

rgama Wrote: Feb 01, 2013 9:57 AM
Canada was never in a recession like us. Maybe becuase they refrain from invading anyone.
spartacus3344 Wrote: Feb 01, 2013 9:59 AM
Yeah right, try Google sometime....
Simplecaveman Wrote: Feb 01, 2013 10:00 AM
Maybe because they refrain from government spending.
Resist, We Much!!! Wrote: Feb 01, 2013 10:07 AM
And, try Sweden in the early 1990s and the depression in the early 1920s in the United States, which was worse in terms of contraction than the Great Depression, but didn't have Keynesian FV(K-UPS trying to tax, print and borrow the country back to prosperity.


Own it.
1375 Wrote: Feb 01, 2013 10:34 AM
Actually war is usually good for the economy.

The Bureau of Labor Statistics has released the latest unemployment numbers for January. The unemployment rate has jumped back up to 7.9 percent with just 157,000 jobs being added to the economy. The number of unemployed and under-employed persons still sits at an alarming number.

The number of unemployed persons, at 12.3 million, was little changed in January. The
unemployment rate was 7.9 percent and has been at or near that level since September 2012.

In January, the number of long-term unemployed (those jobless for 27 weeks or more) was
about unchanged...

Related Tags: Unemployment GDP jobless rate