[quote=Arraya]
We have hugely expensive debt-addicted governments. Tax receipts are collapsing and a little birdie is squeaking about the debt spigot getting turned off.
Real unemployment will be passing 20% in short order.
[/quote]
Tax revenues are a huge issue no doubt! Will the Gov. just print up the shortfall? What an odd concept huh?
I attended a grad cerimony for CSUSM yesterday and at just one of two cerimonies held that day for CSUSM there were a LOT of graduates. This is going on all over the country in every city. I could not help but think about the poor job climate they were entering. Not only are they adding to the available inventory of workers in a contracting market, 401ks being bankered into 200.5ks has dwindled the retirement ranks. More coming in and less going out.
I wonder how students seeking work are included in employment numbers? Anyway, its sad.
