Barack Obama said that we are finally digging out of the whole we have gotten in. The unemployment rate has dropped from 9.8 to 9.4%, this last December. In the last 12 months the amount of jobs in the private sector has continuously been going up, this is the first time since 2006.
I do not think that there is any cause to celebrate about this because we just hit an enormous hole. 14 trillion dollars worth of a whole. Many people think that the recent passing of the 600 billion dollar stimulus package is to thank for the up rise in our economic state. As in many think that it is a good thing because it is helping our economy currently my providing jobs and money. Others know and understand that just dumping 600 billion dollars is dangerous it will help right away, but when the money runs out we will be in an even bigger hole than we have started with.
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