Thursday, January 27, 2011

CBO: Unemployment will still be high in 2012

The jobs crisis isn't going anywhere, according to the latest forecast from the nonpartisan Congressional Budget Office, which puts the national unemployment rate above 9 percent through 2011 and 8 percent through 2012.
Complete story HERE.

This is bad news if your out of work yet good news for Republicans. With the Economy and jobs still being front and center in the minds of voters, I would have to give an edge in the nomination to those candidates that have a strong background in business, job creation, and economic issues.

To view the CBO Report, go HERE.

4 comments:

Anonymous said...

We know who you're thinking of Bos!
A bad economy would benefit my favorite.

Romney in 2012!

zeke

Revolution 2010 said...

This scenario is TAILOR MADE for Mitt Romney.

ConMan said...

With the economy in the tank, we'll need a heavy hitter like Romney.

Pablo said...

I think that CBO is probably right here, but I think that the CBO is usually right in other areas as well: the cost of health care reform, the cost of health care repeal, the cost of the DREAM Act, the cost of extending the Bush tax cuts, etc.