An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Wednesday, June 17, 2009
Obama Sees 10% Unemployment Rate
What a let down. This comes from a guy who promised to create 2 million new jobs!
Obama has been kidnapped by the deficit terrorists and is loathe to have the government sustain output and employment--the things that create long term wealth and prosperity--out of fear of rising deficits.
We are dead. The U.S. economy is finished. Invest in China.
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