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10.2%.

Today, BLS released its monthly jobs report and the numbers speak for themselves. The economy shed another 190,000 jobs in October, bringing the number of jobs lost since Obama was sworn in to 3.8 million. Worse still, the unemployment rate rose from 9.8% to 10.2% percent. With only 130.8 million jobs in the U.S. economy, President Obama is now 7.8 million jobs short of what he promised the American people. That makes President Obama’s stimulus an objective failure.

 

 

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  1. When he said unemployment would not rise above 8% if we passed this thing, it seems he was only referring PUBLIC employees.
  2. Wait until Obamacare passes tomorrow and cap-and-trade passes in the next 7-10 days or so. Then 10% unemployment will seem like a dream. If there is 25% unemployment after these two bills become law, I'll be amazed it's that low. Hope! Change! Unemployment!
  3. To quote Rush: "How's that hope & change workin' for ya?"
  4. I love how when the Republican is in office, the buck stops there. And when a vapid self-absorbed socialist is in office, "it is Congress, special interests" and, of course, "the stupidity of the American populace." Yawn. Get a new playbook.

Storm Team 4

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