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Hot Air About Unemployment

10/06/09 Stockholm, Sweden – Now considering a wide range of spending programs and tax cuts, President Obama is considering any available avenue to reduce joblessness.

He’s essentially trying to cut the unemployment rate with some kind of additional economic stimulus that won’t add to the already ballooning budget deficit.

It sounds like a lot of hot air

Hope&Unemployment2

Author Image for Rocky Vega

Rocky Vega

Rocky Vega is a regular contributor to The Daily Reckoning. Previously, he was founding publisher of UrbanTurf and RFID Update, which he operated from Brazil, Chile, and Puerto Rico, and associate publisher of FierceFinance. He specialized in direct marketing at MBI, facilitated MIT Sloan School of Management programs, and has been featured on CBS. Vega graduated with honors from Harvard University, where he was on the board of Let’s Go Publications and directed business programs involving McKinsey, Goldman Sachs, and Harvard Business School faculty. He is also enrolled at the Stockholm School of Economics.

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