Its’ been over a year since my last post. In these last 15 months a lot has happened – but when I re-read my March 2009 post it seems that I was not so far off with my thoughts about Obama’s “stimulus” packages and how effective they would be – which as we see 15 month later – weren’t so stimulative after all.
September 2010 and we have unemployment rates still at very high levels = 9.6%. This is higher than any other post-war period in our nations’s history, despite coming out of the recession back in June 2009- this is according to the National Bureau of Economics who made the announcement today.