Gerald Celente on grim economic report

3,724 views · Published 2 July 2010 · 4:31 · Indexed 24 October 2026

Channel: Trends Journal · 2010 · News & Politics

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Subscribe to Trends Journal: http://www.trendsresearch.com/journal.html  The annual Economic Report of the President was released yesterday and its pretty gloomy - predicting slow employment growth this year and next. It basically says that the US economy will add an average of 95000 jobs a month this year but thats not enough to make much of a dent in unemployment. The unemployment rate is projected to come down quite slowly after that averaging 8.2 percent in 2012 when Obama will be up for reelection.

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