Good news for the US economy: in dealing with unemployment, high inflation has not occured. Stagflation (high inflation and unemployment) is very difficult for an economy to overcome. The low inflation seen this past year will keep prices low, interest low, and in the end lower unemployment. In fact jobless applications dropped by 5,000 the week of March 7th, a trend that will hopefully continue.
http://www.businessweek.com/news/2010-03-18/u-s-economy-consumer-prices-stagnate-leading-index-climbs.html
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