On Friday, financial research firm Lombard Street Research reported that “unemployment could rise above 8% and that profits will be squeezed.”
Lombard Street says its bearish employment and growth projections are the result of a host of factors, including: the 2% payroll tax increase’s drag on retail sales, the ineffectiveness of the Federal Reserve’s monetary pumping, and sequestration
TONY DIGIROLAMO
IT'S GOING JUST LIKE AL GORE SAID IT WAS GOING IN CLINTON GORE 92 ELECTION, "EVERYTHING THAT SHOULD BE GOING UP IS GOING DOWN AND EVERYTHING THAT SHOULD BE GOING DOWN IS GOING UP.
And George HW Bush raised taxes! Remember, "read my lips, no new taxes!
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