Your “Duh” Moment of the Day

https://climbingguidesinstitute.org/2207-esl-argumentative-essay-writing-for-hire-for-university/ viagra canada london drugs acheter viagra acheter com blood pressure medication cialis dbq essay guidelines follow url cialis for threeways saturday night live college essay example dissertation completion schedule uso prolongado de viagra dissertation services in uk go to site purpura and crestor follow url http://mcorchestra.org/4004-writing-good-essays/ essay services professional thesis format and guidelines source site viagra and oxycodone essay to holi cialis edenton novel writing help see cialis woods cross go site https://climbingguidesinstitute.org/5380-the-best-essay-writing-services/ https://rainierfruit.com/how-much-should-viagra-cost/ pfizer viagra ordering levitra aberdeen source link here buying cialis us Oh noes! Geithner says unemployment is going to go up in the short term?!?!  Well of course it is:

“When they see a little hope that there may be jobs out there, they start to come back in again. And that can cause the measured unemployment rate to go up — temporarily,” Geithner told “Good Morning America’s” George Stephanopoulos in an exclusive interview. “But what we expect to see, and I think most forecasters expect this…is an economy that’s gradually healing, gradually strengthening, businesses starting to add people back.”

Of course, this is a quick reminder that unemployment rates don’t effectively translate into those-out-of-work rates.  Unemployment only ticks up because those who are not working are attempting to find jobs again… which gives credence to the real figure of between 16-19%.

Solution?  Certainly not to end the Bush tax cuts… you’re talking about a $3 trillion drain on capital and credit should that occur, one that will stall any recovery.

Hopefully the policy wonks won’t let politics interfere with economic theory — however unsound I may believe Keynesian economics to be, this is precisely how you recover from a crisis of credit such as the one we’ve experienced thus far.

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