WHERE ARE THE JOBS?

How do you keep bidding up stocks when you continue to see proof that the economy which if NOT already contracting, is BARELY growing? ZERO jobs in Friday report sent stocks sprawling and the unemployment rate nearly 3 years into recovery stands stubbornly at 9.1%!

The gov't and FEd have thrown $TRILLIONS at the problem, and the situations has not improved. Proponents of these ineffective measures argue "it could have been worse". How do you move the houses, the demand of such could stabilize pricing and put in the bottom, when jobs are not being created to supply the investment needed?

And then there is confidence. Maybe you will go out and buy a dress, 3 for 1 at Joe Banks, dinner at Red Lobster, but you aren't going to replace that old dishwasher, or make a needed home improvement. Consumer confidence languishes near record lows. It IS at record lows for any recovery and so are many other stats including job creation.

Gold near $1,900 and a 10 yr not barely above 2%, highlight the problems. Should the gov't significantly CUT BACK spending, the economy could grind to a halt and even more pain felt.

There is tons of backed up demand, and when a REAL BOTTOM is put in, a long real recovery can begin. First REAL ISSUES must be dealt with.

You cannot just print money and stimulate, spend your way to prosperity, the DEBT must be A) inflated away or B) defaulted. I left out C) paid back.....what we get from Politico's who all want re-election is EXTEND and PRETEND....this ugly can can't be kicked down the road anymore.

Our debt is spiraling out of control. New revenues or taxes are a done deal, along with spending cuts. Buy I think the bald heads are playing games and maybe all they end up doing is SLOWING growth of spending.

Record debt and need for floating this funding and YET long term interest rates at near or at record lows......gold and treasuries enterring a bubble....all bubbles pop and end in pain.

CLEAR direction, LOW taxes and incentives to small business are just a piece of how to get our economy to grow again,but I fear until we hit ROCK BOTTOM....wherever that may be.....we will continue to slug along and leave Americans wondering where is the recovery for them and the jobs.....and when they LOSE hope......what then? 20% of Americans rely on gov't assistance....that is IN consumer spending and economy.

Duratek