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View Diary: Jobless rate hits 8.2%. 'Missing workers' make the situation look better than it is (349 comments)

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  •  We can't spend our way out of this recession. (5+ / 0-)

    We can fire up the printing presses even more than we have the past 4 years, but no amount of spending is going to get us out of this recession with Europe on the edge of the abyss.

    It is a world economy now, and we can't spend enough here to make up for all the rest of the problems in the world.

    Businesses aren't going to start expanding knowing that the EU is about to fall off a cliff.

    That is not the President's fault, but it is a fact of life.

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