Loan Modification

By the end of 2013, about 13 million private sector jobs must be added to bring unemployment down to 6 percent and current policies aren't creating conditions for businesses to hire 360,000 workers each month.

Without fixing the trade deficit, in particular the decline in U.S. petroleum production and commerce with China, high unemployment will be a permanent feature on the U.S. economy. Neither the Obama administration nor Republican leadership in the Congress appears prepared to do what needs to be done.