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2009-01-19 Home Front Economy

Summers: Obama to keep jobless rate below 10 percent

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Posted by Fred 2009-01-19 00:00|| || Front Page|| [4 views ] Top

#1 Stagflation here we come.

Posted by phil_b 2009-01-19 01:46|| 2009-01-19 01:46|| Front Page Top

#2 I just don't get it, why doesn't he just fly backwarcd real fast around the earth to make time goes back, until it's before the crisis again? He can do that.

Posted by anonymous5089 2009-01-19 04:32|| 2009-01-19 04:32|| Front Page Top

#3 Cuz his cape would fly up over his head.

Posted by gorb 2009-01-19 04:35|| 2009-01-19 04:35|| Front Page Top

#4 Keeping the bar high.

Posted by mhw 2009-01-19 04:47|| 2009-01-19 04:47|| Front Page Top

#5 Americans digging real American holes in America, and then filling them in again!

Jobs are a cost, it's what the job does that counts.

Posted by Bright Pebbles 2009-01-19 05:19|| 2009-01-19 05:19|| Front Page Top

#6 I'm surprised they let him say this. The past week has been one of absolute smashing of expectations, in order to prevent the emperor from appearing to actually have clothes (dirty and poorly made) at some near future point.

I guess that guy Summers just can't help but stick his foot in it, can he?

Posted by no mo uro 2009-01-19 05:58|| 2009-01-19 05:58|| Front Page Top

#7 B-b-b-b-but listen to Guy, he's our idea man. Some good, some... er huh, not so good. Ten to 15 percent is out goal. It may get up to 19 or 21, but as Guy has indicated, our goal is to keep the jobless rate under 15 percent.

Posted by Besoeker 2009-01-19 07:46|| 2009-01-19 07:46|| Front Page Top

#8 Before or after he starts curing scrofula by laying of hands?

Posted by g(r)omgoru 2009-01-19 08:20|| 2009-01-19 08:20|| Front Page Top

#9 Summers: Obama to keep "American" jobless rate below 10 percent

Fixed it for you. No acknowledgement that all those jobs that move overseas in the last couple decades also took the unemployment with them. Otherwise, we'd be already headed to beyond 10% [Thanks to the political interference in the banking industry and their 'do little or nothing' hacks in the regulatory offices].

Posted by Procopius2k 2009-01-19 08:58|| 2009-01-19 08:58|| Front Page Top

#10 Don't forget who it is that gets to define "unemployment".

Amazing what the power of definition is. Vis a vis a discussion last week here, we could make most all of the US a healthy rate by a simple change to the BMI formula.

Once you've defined your goal, just move the number to match.

Posted by AlanC 2009-01-19 09:51|| 2009-01-19 09:51|| Front Page Top

#11 Obama Will Avoid Red Giant Stage For Sure
Sekret plan to avoid catastrophik bad is in the works, say Scientsists and Esperts, Reppublikans still holdouts tho.

Posted by .5MT 2009-01-19 14:06|| www.cybernations.net]">[www.cybernations.net] 2009-01-19 14:06|| Front Page Top

#12 Do I see "Son of CETA" on the horizon?

Posted by tu3031 2009-01-19 17:25|| 2009-01-19 17:25|| Front Page Top

#13 Does getting a handout from the gov count as a job? Professional Work-Rest Technician or some junk?

Posted by swksvolFF 2009-01-19 19:05|| 2009-01-19 19:05|| Front Page Top

#14 CETA II is a good call with all the make-work phoney-baloney jobs that entails

Posted by Frank G">Frank G 2009-01-19 19:27|| 2009-01-19 19:27|| Front Page Top

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