A Jobless Decade Ahead? Obama Depression?

[WhiskeyGirl]

Economist David Levy, chairman of the Jerome Levy Forecasting Center, says the country faces a new era of chronically high unemployment, averaging 8 percent or more over the next decade.

Other contributing forces -- businesses squeezing more work from employees they still have and relying more on part-time and overseas help -- have intensified. And record-high federal budget deficits and the threat of inflation could drive up interest rates, which could hobble growth and restrict job creation.

All those factors could combine to keep unemployment high.

"It will be the mother of all jobless recoveries," predicts economic historian John Steel Gordon.

http://www.suntimes.com/business/1960220,jobless-decade-looms-122709.article

Hmmm...what other depressing factors need to be added?

Healthcare Legislation/taxes/fees/premiums
Cap & Tax Inflation
Amnesty for Illegal Aliens