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Thread: Employment turnaround likely at start of 2010: Geithner

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    Employment turnaround likely at start of 2010: Geithner

    AFP: Employment turnaround likely at start of 2010: Geithner
    (AFP) 7 hours ago

    WASHINGTON High US unemployment, which has lagged in an otherwise recovering economy, likely will begin rebounding early next year, US Treasury Secretary Timothy Geithner said Sunday.

    "Economists say... that they think you'll start to see net jobs created at the beginning of the year," Geithner told NBC television, adding that the US economy could see jobs added "in the first quarter some time."

    The US economy is suffering the deepest recession in decades with crushing unemployment of just under 10 percent.

    Officials said the US employment picture might have been even worse, and released data last week showing that President Barack Obama's economic stimulus plan has so far saved or created more than one million jobs.

    The figures show 650,000 jobs were directly saved or created up until September 30. Since the survey data only accounts for half the spending during that time, officials say the true figure of jobs created is over a million.

    Opposition Republicans however, accused the president's team of fudging the facts and concocting a "fantasy world" to disguise the failure of the stimulus plan, passed in the first months of Obama's presidency.
    Fudging the facts and concocting a "fantasy world"?

    It's a nice way of saying they're lying again. Let's face the facts this was concocted at just the right time to coincide with Tuesdays Election. They didn't have any unchallenged statistics to use to boost the massive mistakes and waste of money Obama is responsible for, so they create this fantasy because it's hard to argue with the future unless your a psychic or remote viewer.
    So vote for a Dim (no spell error) they make more unfulfillable promises before noon than anyone else makes in a month. And besides they're making promises you can't prove are a lie. Yet.

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    Re: Employment turnaround likely at start of 2010: Geithner

    What economy is he looking at?
    Jackboots always come in matched pairs, a left boot and a right boot.

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    Re: Employment turnaround likely at start of 2010: Geithner

    I am once again amazed that the Dims (no spell error) are not vociferously defending their Messiah and his disciples over this story. Is it possible that enough of the truth have been disseminated that they could not longer ignore the facts and have decided to maintain a low profile? Or is it that if they ignore this story or the one that was hidden about Scozzafava endorsing the Democrat they bring less attention to the truth at least until after the elections.

    Obama has just come out and claimed he has saved the economy because of growth in the last quarter. Of course the recovery he claims is all the result of billions of Government spending on Cash for Clunkers with cost more than it was worth and is over and will show up in less sales in this quarter. But before the election it's good for him set forth for his Dim disciples more lies they will welcome with open arms and defend until the truth comes out and is covered up with another set of lies.

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    Re: Employment turnaround likely at start of 2010: Geithner

    Quote Originally Posted by Councilman View Post
    I am once again amazed that the Dims (no spell error) .
    I always stop right there on your posts.

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