Saturday 14 March 2009

Views on the U.S.economy .


As you are aware I have an impeccable source of information on the state of the real economy in the Northwest USA , I have recently added to my data base with the recruitment of Aunty Sam , a highly regarded lady who really understands practical financial matters .
In Chicago , as in most other areas of the USA , the state of the employment situation in the service and construction sectors is dire , it has not escaped it's share of the 610,000 persons who became unemployed in February ; it is projected that by July some 3million will have become unemployed . One thing to remember is that over there , there is for most people , no benefits ; if you do not work there is no support , no "dole" , sweet devil all .
Doc Jr. is fortunate to have a good and supportive friend were he lives , and for that I am most grateful ; there can be nothing worse than being alone in a foreign land and having no-one to look out for you .
I pray that the situation does not get to the stage that the photo above depicts , the recession hit unemployed queuing for a job , let us hope that the huge powerhouse that is the US soon recovers and industry picks up again .

1 comment:

Sir Henry Morgan said...

Off topic Doc ...

... but have you read my latest post on the Wigan Patriot blog?

http://www.wiganpatriot.blogspot.com/