The words of James Carville, campaign advisor to when Bill Clinton in 1992. It has always been about the economy. President Obama decided to focus on health care rather than the most pressing issue in the past two years. I want to be an optimist but the numbers are not promising. There is nothing on the horizon to indicate that this recession will be ending soon.
Maybe this is a good thing because everyone in America has been coming to grips with their credit card and car payment debt. Listen to Dave Ramsey on any morning and you realize how utterly foolish Americans have been about managing their money. Visa, Master Card and the rest of them may be hurting but perhaps Americans are starting to grow up. I include myself.
This graph tells the story of the on going unemployment picture. New claims for unemployment finally dropped below 500,000 in the week ending November 21, 2009. The weekly new claims has swayed between 427,000 and 496,000 since then. Last week claims climbed for four weeks in row to 484,000. I doubt that the Republicans can do any better than the Democrats in ending this disaster.
Click on the graph to get a better view.
Coast Contact 