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S1E11_Dollar Continues Slide As US Unemployment Figures and Massive Deficit Spending Fuel Expanding Global Recession
Manage episode 273245751 series 2797332
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With Department of Labor unemployment figures projected to hit at or near the twenty percent level, the Ahmed administration is scrambling to downplay the horrific jobless rate; while at the same time, top level White House economic advisers continue to spin the benefits of the soon to be implemented, yet extremely costly, Medicare-Embrace program. However; critics of the President's expensive new "healthcare for all" program cite that of the many negative attributes associated with nullifying the private healthcare industry - the most devastating will be the annual 3.5 trillion dollar price tag and the one trillion dollar annual loss in revenue, along with the loss of an additional three million jobs.
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