Open Thread

January 9th, 2009 10:16 AM

For general discussion and debate. Possible talking point: 7.2 percent unemployment.

The nation's unemployment rate bolted to 7.2 percent in December, the highest level in 16 years, as nervous employers slashed 524,000 jobs, capping one of the worst years in modern history for American workers...For all of 2008, the economy lost a net total of 2.6 million jobs. That was the most since 1945, when nearly 2.8 million jobs were lost.

Yikes. How bad do you think unemployment is going to get before it turns around? Do you think all this government spending will do any good, or just increase our federal debt? What's your answer to solve this problem?