September unemployment is 9.8 percent

[Hijinx]

Originally Posted by jsarno

There is no real way of slicing that to make it better, the current administration is failing plain and simple.

The current administration has "failed" us by not being able to undo the work of eight years of buffoons in a mere 9 months. The GOP is almost totally to blame for this by the deregulation of the banks. Yes, a down turn was bound to happen, but it was made much worse by the shading bussiness practices that were allowed.

This economy is living proof that it is a lot easier to screw something up than it is to fix it.


However the truth is the government does not control the economy. Politicians take too much blame when it goes south and far too much credit when it turns around.

[budw38]

Originally Posted by Hijinx

The current administration has "failed" us by not being able to undo the work of eight years of buffoons in a mere 9 months. The GOP is almost totally to blame for this by the deregulation of the banks. Yes, a down turn was bound to happen, but it was made much worse by the shading bussiness practices that were allowed.

This economy is living proof that it is a lot easier to screw something up than it is to fix it.


However the truth is the government does not control the economy. Politicians take too much blame when it goes south and far too much credit when it turns around.

Who refused to deregulate the banks ?

YouTube - Shocking Video Unearthed Democrats in...

... your banks were run by , R. Rubin , F. Raines of the clinton admin . Frank<D> and Dodd < D> were the chairmen of the Senate & Congressional finance/banking commities . Countrywide Financial / Fannie Mae were putting money into the Dems in return got subprime and CRA's ... OpenSecrets | Update: Fannie Mae and Freddie Mac Invest in Lawmakers - Capital Eye hard to lay blame on GWB for what happen in the 1990's ..http://seattletimes.nwsource.com/htm...i/Barney_Frank