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Post a Comment On: Doug Ross @ Journal

"Great News: 5 Million Workers Exhaust Unemployment Benefits in June as Housing Market Melts Down With Added Bonus: Bush Tax Cuts Expire Soon"

3 Comments -

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Blogger Unknown said...

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Margaret

http://lotterymegamillions.net

1:01 AM

Blogger Diogenes said...

Of the 5 million workers nationwide who may lose their unemployment benefits by June, the lion's share will likely be in California. Unemployment now stands at 12.1% there with a huge state population.

The National Employment Law Project's estimated this month that 855,000 Californians would could lose benefits by June unless additional federal extensions are granted.

12:27 PM

Blogger Lynn said...

Hm. So in 10 months, the tax rate will skyrocket, which means business owners will take every opportunity to cash in any profitable bits they can get sold. Which the Dems will claim as Economic Activity, possibly allowing them to remain in power. Until Jan 2011 when the rug gets pulled out and the Great Crash starts.

Time to buy mattress stocks....

5:43 PM

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