Cartoon Of The Day
Cartoons
Comments Off on Cartoon Of The Day
Aug 122010
The number of people filing new claims for jobless benefits jumped last week after three straight declines, another sign that the pace of layoffs has not slowed. Gerald Celente says that there is no way governments can just keep pumping money into the economy and it will only get worse, with an eventual crash.
In January of 2011, President George W. Bush’s tax cuts will expire. Economists are predicting that allowing these cuts to expire could trigger a second recession, “for an administration, that for political reasons would want a vibrant economy,” said successful businessman Steve Forbes “letting the Bush Tax Cuts expire would be a dampener on the economy.
But what if we kept them all in place?