Biden Predicts 700K To 1.4M Jobs In 2010 – FROM WHERE?
Posted on June 3, 2010
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The United States has lost 8 million jobs since the start of this depression. In good times this country must produce at least 140,000 jobs a month just to keep up with the Americans entering the jobs market. Hewlett Packard just announced 9000 new layoffs, it is predicted that 100,000 teachers will be lost this coming fall due to cut back, cities around the nation are slashing their workforce to maintain basic services. Where are these jobs coming from?
Vice President Joseph Biden predicted Wednesday night that the United States will add between 700,000 and 1.4 million workers to the list of the employed by year’s end — and in the process mute the administration’s critics.
Showing little trepidation about drawing lines in the sand, the vice president predicted that the economy will “create between 100,000 and 200,000 jobs on average all the way through this year.” (That would be 100,000 to 200,000 jobs a month over the next seven months — a fairly safe prediction judging by recent trends). Biden would not, however, mark a date when he thought the unemployment rate would dip to, say, six percent.
The bulging of the employment rolls, he predicted, will have tangible political benefits, in part because it will illuminate that government can actually be a force for positive growth.
Read Full Article Here: Biden Predicts 700K To 1.4M Jobs By Year’s End, ‘Trouble In Paradise’ For GOP.
Temporary jobs as census workers and oil spill cleanup will not bring America out of this recession. Unless the United States pulls out of these disastrous free trade agreements and starts taking care of American workers it is over for this country.
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