CLUELESS??

Summers: Job Growth By Spring

December 13, 2009 10:10 AM

The President’s top economic advisor, Larry Summers, told me that “by spring employment growth will start turning positive.”  

During my "This Week" interview, Summers said that “everybody agrees that the recession is over,” but he did not say when the unemployment rate could be expected to drop further. 

The unemployment rate dipped last month to 10 percent from a peak of 10.2 percent. Many private economists, like Moody’s Mark Zandi, predict unemployment will climb through the third quarter of next year to 10.6 percent.   


ON THE SAME DAY

TOP ECONOIC ADVISER ; OF COURSE RECESSION ISN’T OVER

On NBC : asked by the moderator David Gregory , if the recession were over (White House economic advisor shot back – Christine Romer, Of course not. For the people on

Main Street

and throughout this country , they are still suffering, the unemployment rate is still 10 %. However, on ‘This Week’ Sunday morning Larry Summer, director of the National Economic Council said ‘Today, everybody agrees that the recession is over and the question is what the pace of the expansion is going to be.  


Question is :  who are these people advising the idiotic President of ours? How can these people be this clueless.?  Does 10% mean anything to them? People who voted for this moron need a good lesson in common sense. Never vote for a fool who has not done anything in his life except wear a red tie and walk around the Ghetto and spreading hatred. Or in his own words ‘community service’.