Showing posts with label Shrinking Economy as Unemployment rises...Obama at fault. Show all posts
Showing posts with label Shrinking Economy as Unemployment rises...Obama at fault. Show all posts

Wednesday, December 12, 2012

ECONOMY SHRINKING AS UNEMPLOYMENT RISES!

The Federal Reserve said it expects the economy to grow at a pace of between 1.7% and 1.8% this year, down from a September estimate of 1.7% to 2%. The central bank also revised its unemployment rate estimate lower to a range of 7.8% to 7.9% from 8% to 8.2%