State of Union: The Parsing, Pt 2

Again, we are tested. And again, we must answer history's call.

One year ago, I took office amid two wars, an economy rocked by a severe recession, a financial system on the verge of collapse, and a government deeply in debt. Experts from across the political spectrum warned that if we did not act, we might face a second depression. So we acted -– immediately and aggressively. And one year later, the worst of the storm has passed.



This is a blame Bush moment. Can he please stop blaming Bush. This is Obama’s America now, not Bush. Grow up little boy.



Many experts also warned against doing to much. This who are in the the field of economics warned of acting in such a harsh manner.



Has the worst of the storm passed. Watch out for inlfation later on this year.





But the devastation remains. One in 10 Americans still cannot find work. Many businesses have shuttered. Home values have declined. Small towns and rural communities have been hit especially hard. And for those who'd already known poverty, life has become that much harder.



Well actually that number is higher. The U6 is nearly 18% and some are saying closer to 20%. Remember the government said that the only reason the number was so low was becasue 600,000+ were removed from the roles of the unemployed. They gave up.



On the day of the annoucement WM and Verizon announced another 26,000 lay offs coming. I have to confess that these numbers are testing the effectivnes of my best acne treatments and my gray hair



I hope that these people can find work. The sad part is the most of them are unskilled.