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COMMENTS:
Voted : Probably like in 1983:
Republican President returns to White House and unemployment is overcome.
^LOL
yeah I remember 1983.
20%+interest rate, retired people eating catfood. those were the days.
by LCD on Fri Nov 06, 09 12:28pm
[+]
Well what correlation between the two figures do you see? Investing in the stock market and employment figures don't go hand-in-hand.
The stock market can climb due to many factors. Right now, what's helping to drive it up are earnings reports and institutional investors... firms moving large amounts of investment dollars back into the stock market.
But maybe if I understood what comparison you're drawing, I might have a better idea.
SiouXLea
You're forgetting it was a Republican that created this mess and more importantly didn't do anything to try and fix it.
Voted : The rise in unemployment will be without end
Companies are falsely seeing profits because they pay less wages by having fewer employees. Unemployment will appear to drop off because the unemployed will run out of benefits.
Companies are seeing they can get five times more work out of fewer (and more terrified) employees.
This is a very bad situation that will never heal. It will get worse to the point where we become a nation of homeless. And it will even continue to deteriorate after that. In 50 years, I see some kind of citizens war against those who have, like the French revolution.
Jeeze Forgetmenot, don't be so pessimistic. Cheer up. :) Good golly what a downer.
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