AJ,

Don’t you mean:

“That would translate into flat or falling _employment._”

After losing 3 point something million jobs, falling unemployment would mean Obama’s plan might be working.

Remember the stress tests? The baseline scenario had unemployment in 2009 at 8.4%, rising to 8.9% under the more adverse scenario. Well, we’re only up to May, and already it’s at 9.4%.

I remember Lou Dobbs having someone on his radio show right after the stress tests asking if unemployment would reach 9%. Now it’s at 9.4 and it is less than a month later.

We must come full circle and let John Q public know that smaller gov’t and fiscal responsbility is the only way that America will grow and see the good times again.

As energy cost grows we must remind America that we do have our own natural resources and the Dems. have been unwilling to tap these resources.

The policies for our national security that was instituted after 9/11 is still in place even though the Dems. said they were not in favor of it during the election.

These are 3 basic principals that is the bread and butter of the GOP.

If we fight amongst our selfs we will never have a chance to reverse the course we are on now.

The rising number of unemployed workers combined with rising interest rates from wildly increasing deficits could spark a whole new wave of defaults and foreclosures as more and more people are unable to afford the homes they’re in, which in turn will drive commercial and residential values even lower which will create an entirely new round of bank and business failures. And states like California and New York could enact massive de-stimulation plans, which is what happens when a governement runs out of money and has to dramatically slash spending and cut payrolls, thus further hurting both the unemployment and the housing situation.

That’s what else could go wrong.

But naaah, what chance is there of that happening?

Now states are asking for more money to fix the roads.

Barney Franks is the new face and decider of how the Auto industry will or will not operate.

A new pay czar will tell industry what compensation can be paid, not only to TARP receivers, but private companies as well.

Congress will pass universal health care. Because they can’t find a way to pay for it, they are going to turn the decisions over to a czar group in the White House to tell us the people what we can do and can’t do for our health. Once they have all our records they can know if we are too old for hip replacement, when there are 10 youngsters waiting in line. A good way to keep government costs down. I’m wondering if the same committee would have allowed Teddy Kennedy to have that brain tumor removed, given his age, drinking and general health.

It is good that the number of unemployed is slowing. What happens if very few of those unemployed never get hired and just stay unemployed? It could happen!

Really, what else could go wrong?

Do I really want El-Presidente’ to fail?

Si !

Either way, the unemployment number looks worse than the Recovery Plan (or without it)

http://michaelscomments.wordpress.com/2009/06/05/the-may-unemployment-numbers-are-here-and-worse-than-predicted/

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Oh, I see Barney Frank just saved a number of jobs. He convinced GM execs not to close a manufacturing plant in his district. What power.

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http://proteinwisdom.com/?p=15009

Rep Barney Frank (D-Mass.) won a stay of execution on Thursday for a General Motors plant in his district that the automaker had announced it would close.

No other lawmaker has managed to halt the GM ax. As chairman of the House Financial Services Committee Frank oversees the government’s bailout program, known as TARP. Frank’s staff said the lawmaker spokes with GM CEO Fritz Henderson on Wednesday and convinced him to keep the Norton, Mass. plant open for at least 14 months.

GM announced Monday in its bankruptcy and restructuring plans it would close of nine of its plants and idle three others. The automaker said it would also shutter three service and parts operations by the end of the year — one of which is in Frank’s district.

“I greatly appreciate General Motors’ willingness to take into consideration the wider needs of the company and especially the community,” Frank said in a statement. “Keeping the facility open for this extra time gives workers a chance to look at other opportunities, while at the same time continuing to provide for their families.”