http://natmonitor.com/2013/01/26/jobless-claims-drop-to-five-year-low-is-it-a-victory-for-the-obama-administration/
Even though the unemployment rate has stayed at around 7.8%, the weekly applications for unemployment benefits have gone down by 5000 to their lowest levels since 2008. Democrats may be happy because of this but Republicans still maintain that Democrats are not allowing policies to be passed that would help in the reduction of unemployment.
Republicans want lower Government spending and greater tax breaks, but the present administration is still going hard when it comes to spending on various Government programs. This is adding to the deficit of the country.
Even though the unemployment rate has stayed at around 7.8%, the weekly applications for unemployment benefits have gone down by 5000 to their lowest levels since 2008. Democrats may be happy because of this but Republicans still maintain that Democrats are not allowing policies to be passed that would help in the reduction of unemployment.
Republicans want lower Government spending and greater tax breaks, but the present administration is still going hard when it comes to spending on various Government programs. This is adding to the deficit of the country.
That is true but you forget to mention that the current administration is also trying to diminish the effects of high debt with other approaches, such as raising the debt ceiling, which the Treasury clearly put as "failing to increase the debt limit would . . . cause the government to default on its legal obligations – an unprecedented event in American history".
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