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  • Obama's Next Big Bounce May Be Out Of Office

    09/11/2012 8:44:23 AM PDT · by nhwingut · 17 replies
    Investors Business Daily ^ | 09/11/2012 | PHYLLIS SCHLAFLY
    The bounce expected from Barack Obama's Democratic Convention speech collapsed the following day under the reality check that the current unemployment figure is 8.1%. And 40.7% of those people have been out of work for 27 weeks or more. Those numbers tell only a small part of Obama's failure to deliver on his promises. The real unemployment figure is closer to 19%. The official count doesn't include the 8 million unemployed who have given up and stopped looking for a job, the people who have had to settle for part-time work, those who had to take lower-paying jobs that are...