Tuesday, April 7, 2009
Job Losses Will Increase This Year, Biden Says
According to Vice President Biden, American job losses are going to continue to increase throughout this year, but the seeds of recovery are in place. The over $700 billion stimulus package pushed through Congress by Obama will hpoefully begin to make our job loss slow and our GDP go up. "We went out there and we came up with a major recovery package of over 700 billion dollars which we are spending now to prevent another 3.5 million to four million jobs from being lost in the meantime," he said. Thoughts anyone?
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Things have to get worse before they get better, and this is the worse part for our economy. After things start getting better, there will hopefully be more jobs for those who have been laid off. Nothing is ever as bad as it seems, and this seems pretty bad, so there must be some good in it somewhere.
~Kimiya Bahmanyar
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