Obama Advisers Predict Unemployment of 8.2% by 2012

The New York Times ^ | February 12, 2010 | Sewell Chan

[Diana in Wisconsin]

These people are livin' in Lala Land!

[Diana in Wisconsin]

[Diana in Wisconsin]

Mr. Obama has urged raising personal income tax rates for those making at least $250,000 a year to the levels of the late 1990s, along with other changes, starting in 2011. The tax increases would raise nearly $1 trillion over 10 years, the report said.

Um, Dude? We're FOURTEEN TRILLION IN THE HOLE TODAY because of you!

[mulligan]

Maybe on paper, but not in the real working world. Yes, they do live in ‘lala land’.

[max americana]

Anything is possible when the MSM, aka AP, Reuters/ABCNBCBS can magically produce 8.2% out of their “scientific” polling.

[MrEdd]

Manufacturing will continue to shift overseas as long as regulatory costs remain as high as they are.

The rest of the economy will continue to sink because of this.

Most Americans including many of the posters on this forum have not studdied enough real world basic economics to understand why this is.

[Psycho_Bunny]

Massive bong hits. Just huge.

[Nachum]

The list, ping

[muawiyah]

They've had over a year to do something about jobs but they've done nothing, don't intend on doing nothing, and probably don't have the slightest idea about what can be done.

The Obama Depression is going to last longer than the last 3 Republican Recessions put together, and destroy more people economically.

The degree of incompetence we find with today's Democrats is absolutely shameful.

[freekitty]

This is crazy. Why does he think this is a good unemployment number?

[muawiyah]

"Manufacturing jobs" will continue to disappear because of massive installation of mechanization, automation and robotics.

Manufacturing isn't really disappearing here ~ and we are the world's lowest cost producer for trillions of dollars worth of "stuff".

[eyedigress]

The economy has dropped and getting it back will be one hell of a struggle with this administration. Everything to them is “unexpected” and I have lost all faith in any projection from Washington.

[cruise_missile]

He also predicted that unemployment wouldn’t go above 8% if congress passed the stimulus package.

[Man50D]

I predict the moon will turn into cheese.

[no dems]

Obama Advisers Predict Unemployment of 8.2% by 2012
______________________________________________________________
Wow! Now, that’s something to cheer about. (/sarc.)

[eyedigress]

The Moose will turn into cheese before these guys are done.

[TwelveOfTwenty]

The report projected that an average of 95,000 jobs would be added to the payrolls each month this year

That's little more than the 1.1 millions temp jobs that will be created by the Census / 12 months.

[OafOfOffice]

Translation: I will allow people to become employed just before my re-election!

[agincourt1415]

Everything OBAMA does, indicates ONE THING, HE HAS NO CLUE!
Raising Taxes, letting the BUSH TAX CUT EXPIRE, all of this indicated DEMOCRATS and OBAMA, need to EXIT the Field.

OBAMA will beat Carter as the WORST President of modern times.