Obama never had a recovery plan. His plan was and is one of destruction. He is the puppet of the global elite. Their plan for one world government is on track with the EU/Euro, their next step is the NAU/Amero.
To get the Americans to accept this NAU (union with Canada and Mexico) they plan to plunge the US into total economic chaos as a way out of the mess.
As an aside, why is the UK not in the EU? Could it be that the UK will not be so much ‘in’ the new world order as they will be the head of it?
WASHINGTON (Reuters) - The economy may be in for a long period of soft growth after employers hired the fewest number of workers in eight months in May and the unemployment rate rose to 9.1 percent.
Nonfarm payrolls increased 54,000 last month, the Labor Department said on Friday, just over a third of what economists had expected.
However, analysts saw little chance the economy would slide back into recession, given that temporary factors like high gasoline prices and supply chain disruptions from the earthquake in Japan were constraining growth.
"The recovery has not been aborted. The economy is not falling into a double-dip," said Sung Won Sohn, an economics professor at California State University in the Channel Islands. "This weakness, however, is a warning shot across the bow of the economy."