Serving Whitman County since 1877

Don Brunell - Oct. 15, 2009

American innovation will bring country back

Some prominent economists tell us we are starting to come out of the worst recession since the Great Depression, but many worry the uptick won’t last.

Since December 2007, Americans lost $13 trillion in household wealth, and our country is swimming in red ink. Today, the federal debt is $11.4 trillion and growing because of a new round of federal spending. Some economists project it could reach $17 trillion in the next decade if Congress and President Obama continue at their current pace.

Meanwhile, our nation’s unemployment has climbed to 9.8 percen...

 

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