Unemployment reaches 26 year high

If you look back at the planned stimulus spending Here you can see why it does nothing to help. Now, I never think the stimulus packed should have been passed in that form, but as you can see, most of the money was planned to be spend in years after the recession would most likely be over. There were $109B proposed to be spent THIS year and I dont think we are anywhere near that.

Look for Obama to take advantage of this unemployment rate AND the projections that the rate will be over 10% in a few months. Instead of debating what is in the Cap and Trade and Health care bill, they will again be emergencies. They will be so critical to pass imediately in order to create jobs and get this country back on track regardless if they are good or BAD for the economy and country. It will be sickening how these pieces of legislation will be shoved down our throats all in the name of taking advantage of a crisis.