Zombie Economy of 2010
Could it be true? Could the U.S. Economy really be bouncing back? Is a resurrection imminent? Reports are coming in from all sources stating that the U.S.,instead of chronically losing jobs every month, has CREATED 162,000 jobs in March. Does this represent a turning of the corner for the economy? This is the biggest increase in 3 years.
President Obama said, “encouraging day” because of a positive jobs report, though hard work remains to climb out of “the worst period of economic turmoil since the Great Depression.”
But the big picture says we’ve lost 8 Million jobs over the last 2 years. Staggering. 162,000 is barely a drop in the bucket…but a drop to a man dying of thirst.
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