Tuesday, December 8, 2009

Robert Reich's Blog 12-8-2009

The President's Job's Initiative Doesn't Measure Up:

Ten percent unemployment translates into roughly 18 percent of our workforce unemployed or underemployed. Housing markets are in terrible shape: One quarter of homeowners are paying more each month than their houses are worth; the rates of tardy mortgage payments continue to rise. Thirty percent of American households contain someone who has lost a job and can't find another, and yet almost all households are dependent on more than one wage earner in order to make ends meet. A quarter of all American children are now dependent on food stamps.

Read more of Mr. Reich’s opinions and numbers:  Robert Reich's Blog

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