Rush Limbaugh's Morning Update: Expectations

From Rush Limbaugh: According to Drive-By headlines, new jobless claims jumped "unexpectedly" to the highest level in 26 years. Almost six million Americans are unemployed, and many are having a hard time finding new jobs.

No matter what the economic news is, these so-called experts are always surprised. The news is always "unexpected." So let me take the guesswork out of this for you and the "experts":

•I fully expect unemployment to keep rising -- in the private sector.
•I expect the so-called stimulus plan -- which was a wish list of Democrat projects -- to stimulate government growth, not private sector growth.
•I expect the angry, bitter, populist class warfare that fuels Democrat policy-making to harm prosperity.
•I expect a bumpy ride with inflation; the government cannot just continue to print billions it doesn't have -- without consequence.
•I expect the out-of-control spending that's taking place now to further damage growth.

But I also expect this, my friends: We will recover. Not because of anything the government is doing, but in spite of it. We are a resilient people; creative. We will adapt and succeed, despite the obstacles being thrown at us. The smallest minority in this country -- the individual -- will not be satisfied with failure, and thus together we will achieve. Because we are Americans. And that's what we do. We will succeed -- join us.

Read the Background Material on the Morning Update...
• AP: New jobless claims jump unexpectedly to 669K