Friday, April 05, 2013

Yes, in told you so....

Read my back posts. Cutting spending in depressions is nuts. And raising taxes on the rich is stupid. They wont hire you, they will fire you, they will cut your hours, they will raise their prices for goods and services and do just fine. The last thing we ned is for our paychecks to go down and every price of necessities go up.....DUH!!!!

» Rising jobless claims hit four-month weekly high » News -- GOPUSA

The number of Americans filing jobless claims reached a four-month high last week, sparking renewed concerns that the labor market is still on shaky ground. The Labor Department reported Thursday that weekly applications increased by 28,000, the third straight increase, to a seasonally adjusted 385,000. That's the highest level since late November. The gain pushed the four-week average, a less volatile measure, to 354,250. It marked a 28,000 increase from February and the highest jobless claims since November. The U.S. Bureau of Labor Statistics is scheduled to release the March employment numbers on Friday.

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