Sunday, August 9, 2009
The Patience of Joblessness
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The Whitehouse is enthusiastically taking credit for unemployment falling by 1/10 of a percentage point last month, theoretically bringing the total to 9.4% . But when factoring in the people who have given up on finding a job, or taken part-time work because nothing else is available, the true unemployment number is closer to 16.3% (1 person in 6).
In other words, the "Hope & Change" administration is exchanging high-fives because more people are giving up "hope"...and accepting "change."
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3 comments:
Here we are, Stilt :
Linda Douglass admits the White House is Breaking the law.
http://www.youtube.com/watch?v=alUHihwwri0
This one gave me a chuckle!!!! haha.
Unbelievable, these people have absolutely NO boundaries :
Geithner Asks Congress to Increase Federal Debt Limit
http://online.wsj.com/article/SB124970470294516541.html
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