Location: Pantego, Texas, United States

Saturday, September 12, 2009

Larry Summers, Obama's financial adviser, expects unemployment to remain high for at least the next several years. Strata-Sphere has the story. This is not suprising to me. Obama wants to transform the USA economy into a European-style socialist state. In Europe double digit unemployment is the norm, so we should expect that here as Obama implements his agenda.


Blogger Kristin said...

Role reversal is taking place, as we see China's demand for free markets grow while BHO imposes huge tariffs on imports opening the door to more protectionism. That's no way to treat one's banker (China).

8:06 PM  

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