Economy "Healthier, but not Well Yet"

[zoocrew]

The NY Federal Reserve President said that the US economy is doing well but the unemployment is still a drag on the economy. He expects the improvement to continue for the next two years but it will take time to get unemployment down.

 

My Link

[enjones]

and this is what our "wonderful" President has to say...

 

President Obama projects that the gross federal debt will top $15 trillion this year, officially equalling the size of the entire U.S. economy, and will jump to nearly $21 trillion in five years’ time.

 

rest of the report here.... http://www.washingtontimes.com/news/2011/feb/14/debt-now-equals-total-us-economy/

 

Ain't he grand?

[lotstodo]

and this is what our "wonderful" President has to say...

 

President Obama projects that the gross federal debt will top $15 trillion this year, officially equalling the size of the entire U.S. economy, and will jump to nearly $21 trillion in five years’ time.

 

rest of the report here.... http://www.washingtontimes.com/news/2011/feb/14/debt-now-equals-total-us-economy/

 

Ain't he grand?

....and his new proposed budget would raise the debt by $7 Trillion over the next 10 years. In fact he proposes to spend more than we take in for each and every one of those ten years. To say he doesn't get it is an understatement.

 

Oh, and Zoo. Thanks for the update. I don't know what we would do without you.