America Adding Jobs?
With the most recent headlines "Unemployment drops to 8.6" you have to think how did it drop so fast. It seems like yesterday that the percentages was like 9.6 or something. Either way I am pretty happy that the economy is coming back.
Does this mean that this year we will recover?
I don't know if that is going to be the case. We still have a lot of unemployment to go through. At least back to what I remember (5%) and I think the US will be good.
The problem is that the US as a nation has a debt crisis looming over our heads and at some point we have to face the cold hard facts. We don't want to ever become close to the debt/income Italy or Greece has.
What are your thoughts? Will we ever become something similar?
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