Federal Reserve Chairman
There is little doubt that continued high unemployment rates will have a major impact on the 2010 mid-term elections, and may hamper Obama’s ability to accomplish other major campaign initiatives. The truth of the matter is that there is very little the Obama Administration (or any administration) can do to effect the economy in any significant way without changing the American capitalistic system.
Hold on to your hats, America, the recession’s not over yet. Although the economy grew at a healthy rate during the July to September time frame, causing many economists to announce the end of the recession, it seems that the “recovery party” is over; at least for the time being. The Labor Department said on [...]
