Quote:
Originally Posted by Vendzilla
I guess you have an answer for everything.
Unemployment was low, so those numbers don't really mean shit
Now that we have a bad economy and bad unemployment numbers, creating more new jobs than jobs lost is what we need, not a comparision to something that has no bearing.
foreclosed homes rate dropped by 9%
thats what the democrats are celebrating, just don't tell anyone that the rate of people that redid their loans and heading for foreclosure for a second time is at over 50%.
People aren't working, if the economy is to repar itself, people have to have jobs
|
What it means is the drop in the economy has stopped and recovery has began. It doesn't mean a miracle has happened.
If the people that adjusted loans have no money to pay those loans, then it never made any difference either way for that 50%. It's a wash...either they never had a job, they didn't have the money either way, or like the 'real' majority they're just walking away because they're so upside down - and you can because it means nothing. And it's not like the bank actually loses anything in the deal.
I just think it's a bit... ironic, that our Country is still standing, I was convinced it was going to fail with all the talk about how everything Obama was doing was wrong.