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Re: Reaganesque Unemployment
by MaryAnne

No job creation yet,but the newly unemployed is now slowing. We seem to be getting a lot of good news on companies moving in and retail is getting a little better. Car sales are up so there must be money coming from somewhere.

Congress passed another unemployment extension and kept the first time homeowner rebate. I know cash for Clunkers was ridiculed but auto parts companies are working 10 and 12 hours a day.Some 7 days., building new cars to replace those sold.

Obama promised to help the small business community. Several green and technology companies have moved in here. I passed one this morning that was shut down a year ago.It is now reopening.

There are small,hopeful signs all over that the recession is easing.

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