tag:blogger.com,1999:blog-8529580665294663953.post7739212312093050368..comments2023-10-27T04:26:57.609-07:00Comments on InvestorCentric: Concerns About The Economic Stimulus PackageNuWire Investorhttp://www.blogger.com/profile/02512928198926080436noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8529580665294663953.post-32169769147156568722009-02-09T18:29:00.000-08:002009-02-09T18:29:00.000-08:00I do not understand why people are having problem ...I do not understand why people are having problem realizing the urgency to get this bill approved. The number of unemployed people (11.6 million) and the unemployment rate (7.6 percent) rose in January. Over the past 12 months, the number of unemployed persons has increased by 4.1 million. The Department of Labor reported today that nonfarm payroll employment fell sharply in January (-598,000) and the unemployment rate rose from 7.2 to 7.6 percent. Payroll employment has declined by 3.6 million since the start of the recession in December 2007, .... most of this mess happening only in past three months! And some wonder Obama is pushing so hard for a stimulus package. Is the Herbert Hoover approach, do nothing, all we need, leading us to a twelve year depression ??Anonymousnoreply@blogger.com