Well, unemployment at 9.6%, not enough jobs being added to account for population growth, much less economic growth, and the prospect of a big defeat in November.
So what will the Administration do?
If it’s another round of worthless business tax cuts, no substantial stimulus (at least $500 billion is needed, $1 trillion would be better), and no government jobs program, you’ll know they aren’t any more serious about tackling the worst economy in 70 years than the Israelis and Palestinians are about 60 years of a “peace process”.
Gorilla: “It’s depressing to realize that indifference is the only policy position!”
