Obama released the annual economic report yesterday , it is a purely a guess pretending to know where the unemployment is going to be in 2012 says Gerald Celente , “These are just numbers being made up out of thin air ” Celente added , we do not want more government jobs like Greece , and the big question is where is Obama going to find the money to create the jobs …government jobs such as census jobs are unproductive jobs , what we need is productive capacity not more government jobs and regulations …..
The annual Economic Report of the President was released yesterday and it’s pretty gloomy – predicting slow employment growth this year and next. It basically says that the US economy will add an average of 95,000 jobs a month this year, but that’s not enough to make much of a dent in unemployment. The unemployment rate is projected to come down quite slowly after that, averaging 8.2 percent in 2012, when Obama will be up for reelection.