Remember when Obama's propagandists initially said that the porkulus would keep unemployment under 8% ? Well, guess what. We're officially in double digit unemployment now.
The unemployment rate reached a 26-year high of 10.2 percent, up from 9.8 percent in September, the Department of Labor said Friday in its monthly economic appraisal.
Dean Baker, a director for the Center for Economic and Policy Research, said he did not expect declining unemployment rates until next spring. “We may be looking at very high levels,” Mr. Baker said, “barring a policy response, for several years into the future.”
How can this be? Barack and his boys are fixing everything. Their plan is operational, we are back from the brink. Oh yeah, and the Health Plan, Cap and Trade and an Amnesty Bill will complete the package. Then, we can tackle Afghanistan!