More than 2.5 million Americans have exhausted their jobless benefits since the deadline expired in June. More than 40 million Americans are living on food stamps. Real painful set of data. Not surprisingly Obama is trying to force an extension of the extended jobless benefit scheme, as his popularity wanes dangerously. Whatever it is, the resilience of the US economy is being put to severe test.
I have been an avid blogger. However, regulatory requirements, post my new assignment, has resulted in me taking a break. Wait till I am back.