Replies to post #111865 on Biotech Values

[jbog]

Zip,

* With the possible exception of large drop-out of job seekers.

Jan 1st marked the start of the Baby Boomer retirement push. They are estimating a influx into Social Security and Medicare at the rate of 10,000 new entrants per day for the next ten years.

That should help the unemployment issue somewhat.

[Jonathan Robinson]

I, a long-term bear, feel that the US economy is approaching glide path again and believe GDP will grow above 4% in 2011. Unemployment will drop toward 8% by late next year and Obama will be re-elected.

Jon