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Economy
Jobless Claims Unexpectedly Rise; Inflation Pressure Grows
2011-04-14
New claims for unemployment benefits unexpectedly rose last week, bouncing back above the key 400,000 level, while core producer prices clumbed faster than expected in March, government reports showed on Thursday.

Initial claims for state unemployment benefits rose 27,000 to a seasonally adjusted 412,000, the Labor Department said. Economists polled by Reuters had forecast claims slipping to 380,000.
They keep using that word, "Unexpectedly!". What the heck do they think is going to happen with the government talking about more taxes as costs of doing business rise? I sure wouldn't be hiring if I was a business owner. I think more and more of these "experts" are little more than political hacks that are paid to be cheerleaders for the government and not give any bad news. Then they act all shocked when their "predictions" head south.
Posted by:DarthVader

#5   That is how the barbarians were able to swarm over the Western half of the Roman empire That's not all. Imperial taxes got so high, some of the citizens moved in with the barbarians in search of a lower cost of living. Some Roman army officers did the same & wound up commanding barbarian forces fighting the empire.
Posted by: Anguper Hupomosing9418   2011-04-14 22:46  

#4  Not surprised by how much they lie, but by just how brazen it is and how many people just shrug and go on about their lives with the "Oh Well" attitude. That is how the barbarians were able to swarm over the Western half of the Roman empire and create serfs.
Posted by: DarthVader   2011-04-14 17:23  

#3  They have been cooking the books on inflation for years now, the old way of calculating it shows almost 10% last year, and they have been cooking the books on unemployment for the past few years, and especiually this year. Just like they cooked the books on Obamacare's "savings" and how they cooked the books on the recent budget deal on last years budget.
Folks, the government, especially the democrats, are liars, they just use tricksy formulas and "definitions" to lie to you while they give your money to people who vote for them.
If you are actually surprised, you haven't been awake the past decade or two! Have a cup and joint the rest of us.....
Posted by: NoMoreBS   2011-04-14 14:50  

#2  "I think more and more ALL of these "experts" are little more than political hacks"

FTFY, DV.
Posted by: Barbara Skolaut   2011-04-14 13:09  

#1  Vodkapundit

Fewer American workers must navigate ever-more labyrinthine rules to make their ways home with a smaller paycheck to support an enlarged dependent class while making higher payments on unmanageable debt.
Posted by: Beavis   2011-04-14 11:46  

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