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Economy
New CBO Report Decimates 'Obamanomics': Real Unemployment Hits 15%
2012-02-16
“The rate of unemployment in the United States has exceeded 8 percent since February 2009, making the past three years the longest stretch of high unemployment in this country since the Great Depression. Moreover, the Congressional Budget Office (CBO) projects that the unemployment rate will remain above 8 percent until 2014. The official unemployment rate excludes those individuals who would like to work but have not searched for a job in the past four weeks as well as those who are working part-time but would prefer full-time work; if those people were counted among the unemployed, the unemployment rate in January 2012 would have been about 15 percent. Compounding the problem of high unemployment, the share of unemployed people looking for work for more than six months—referred to as the long-term unemployed—topped 40 percent in December 2009 for the first time since 1948, when such data began to be collected; it has remained above that level ever since.”

Wow. Just... wow. I still wonder how people actually think things are getting better.
Posted by:DarthVader

#2  The Bammer is getting more-n-more signs from mainstream Amers protesting his official visit and or his policies.

I'll bet anything the Dems in DC are getting twitchy + starting to miss Sarah Palin or Jeb Bush as 2012 POTUS Candidates for the GOP right now.
Posted by: JosephMendiola   2012-02-16 21:41  

#1  To answer your question, Darth, the article is from Fox News, to which no one of special significance ever pays attention.

Get it in the New York Times. Then it'd be a RealFact.
Posted by: Bobby   2012-02-16 17:59  

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