So What's going On right Now?? (2)

Today , Marketwatch is reporting that U.S. unemployment has gained it's most since 1986, with a
5.1% increase, with over 8.5 million now unemployed in the U.S. . That's over 300,000 jobs lost this year alone!! Quite remarkable really, when you think of the economic stimulus package G.W. Bush is allegedly providing - and, if you haven't heard, if you owe any back taxes at all your state is likely to take this "bonus" from you whether you like it or not; $4.1 mill collected in GA alone - that will probably in no way make an impact on any retail trade, as more people are likely to use this to pay bills/credit cards than a vain shopping spree.
All in all, this is the biggest drop in employment since 1975. Looking closely, you'll see a lot of other trends similar to the 70's too - bad TV, crazy-ass haircuts (WHY do so many chefs insist on faux-hawks a la Richard Blaise?) and a deepening oil crisis that NO amount of non-fossil fuel production will curtail. Speaking on this, oil has topped $130 a barrel soo, the end is not in sight just yet.
More later!!!!