The Job Market Is About to Get Worse

Written by Gary North on February 22, 2012

President Obama hopes that good news on the job front will guarantee his re-election. That hope is about to hit the statistical wall. A hullabaloo broke out on February 3 after the BLS released its jobs report that indicated that a surprisingly robust 243,000 jobs were created in January, and that the unemployment rate had […]

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A Rolling Recession Will Engulf USA in 2012

Written by Gary North on December 12, 2011

By the election month of November 2012, the USA will be in the clutches of a major recession. It will be a replay of 2008. Recessions are bad for incumbents. A recession is even worse for an incumbent who was elected to overcome a recession, only for it to reappear four years later. That is […]

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