Unemployment will stay above 9% for the next two years. You can take that to the bank.
Unemployment will stay above 9% for the next two years. You can take that to the bank.
Just remember who calculates unemployment. They can say its 9.7% or tell the truth and say its 17%. The rate is in the hands of folks like Rahm Emmanuel. The truth is nearer 12% than 9.7%, its just not politically smart to tell the truth.
Maybe, maybe not—Kudlow and others have (rightly) observed that when UEI benefits are extended, people are not inclined to seek a job until those benefits are about to expire, then lo and behold!!!
And none of them will be getting benefits! Yippee!
The banks are all closed!
It is already well above 9%. Real unemployment nationally is probably somewhere around 15%. Why exactly do you buy into that number while, at the same time not take into account all those who’ve simply stopped looking or those Census jobs that are skewing the numbers?
Anyone who uses the government propaganda generated number gives it credibility. 9% is a manufactured number just like Wall Street economic indices are being manufactured. Dems desperately will do anything to keep the unemplyment number under 10%. Just as they dsperately want the DOW to be over 11,000 going into October. You know, for the November elections.