The Booming Economy

Many of the jobless are hopeful yet skeptical the new administration can do something about their plight:

As John Arnette sat beneath the pale glow of the fluorescent lights, waiting to inquire why his check had suddenly stopped, he worried that Mr. Obama was promising to spend money the country did not really have, adding to long-term debts.

“You’ve got all the money that’s been given to the financial sector, plus all the money that’s going to the Big Three auto companies,” he said. “Where’s the money going to come from?”

The answer is simple: The government pours money into job creation, even if it means going into debt, thus creating more taxpayers, which means filling up the government coffers and paying down the debt.
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Bank of America--4,000 jobs to be cut