9.8%

by Ryan on December 4, 2010

in Economy,Election 2010,Media Bias,Politics

Yesterday the November U3 unemployment rate came out indicating that we’re no longer stuck at 9.6%.  Instead, we’ve moved up to 9.8%!  While some economists find these numbers a bit unusual and believe that they will later be revised in a positive direction, America has remained above 9% unemployment longer than at any time since the Great Depression.  That’s odd since the recession technically ended in July 2009 and thanks to our administration’s policies we’re living in a Keynesian nightmare world where historically high and persistent unemployment coupled with historically high debts, bad monetary policy and a labyrinthine and unpredictable tax code has stymied the world’s most creative and largest economy.  Thanks Barry.

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