Geithner Says Unemployment Is 'Terribly High'

Byron Tripp Posted By: Byron Tripp

Friday April 2nd, 2010 - 10:47AM

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Tell us something we don't know Mr. Geithner, you tax cheating corporate prostitute! This man should be arrested and tried for treason along with all of the current members of the government that are responsible for this mess - even past administration officials should be rounded up too and public trials should begin - not an election in November but public trials for treason.

Written by The Guardian - Courtesy of: www.guardian.co.uk
Geithner Says Unemployment Is 'Terribly High'

US treasury secretary Geithner says unemployment is 'terribly high'

Geithner says Obama is hugely concerned about jobless rate

The treasury secretary Timothy Geithner warned today that US unemployment was "terribly high" and would remain "unacceptably high for a very long time". The Obama administration was "very worried" about the jobless rate, Geithner said in an interview, which has soared to almost 10% in the wake of the worst economic downturn since the depression.

More than 11 million people in the US are now drawing unemployment insurance benefits and the jobless rate of 9.7% understates the problem as many people who give up looking for work are no longer in the official count of the unemployed.

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