Letter: $23.1 Trillion with a capital 'T'
Recently, the unemployment rate in Duluth, Minn. hit 10 percent. The report of gross domestic product for the last quarter showed a decline of 6.3 percent -- a very bad economic indicator. Today Chrysler is taken over by the U.S. government and essentially given to the United Auto Workers.
Scanning the financial pages, one sees stories of job cuts occurring everywhere.