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General Discussion - Economy - View Post

How bad do you think it will get? The current bill basically reduces a lot of direct spending. I also heard that the U.S. lost 600,000 jobs last week. Almost as many as all of January. It's pretty depressing being that I live in California and without aid, several of my friends, teachers, will lose their jobs- increasing class sizes and probably having severe lasting effects decades from now (worsening California's already horrible public school system-blame prop 9 for getting the ball rolling).

What do you all think? Projections are fun...everyone's doing them? Do we reach 15% unemployment by the end of the year?

Unfortunately Banks own the world.

Banks worst things ever?