After Obama manipulated the unemployment numbers so he could win the November election, the unemployment rate has shot back up to over 8%. However, Obama has ensured that his devoted followers– who have sacrificed their values for a few extra dollars (the value of which continues to plummet)– will not suffer under this new Obameconomy: he has hired 101 new federal employees per day, using American taxdollars, since taking office in January 2008.
Update: In fact, the Federal Reserve has now projected that the unemployment rate “will stay elevated until late 2015.”
Update #2: The unemployment rate is the same in January 2013 (as Obama starts his second 4-year term) as it was on the day he took office in January 2009. NO PROGRESS WHATSOEVER.
[…] 2009, Obama promised never to “rest” until the unemployment rate was back to normal. In January 2013, the unemployment rate is the same as it was when he took office in January 2009– yet he […]
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[…] Starting his second term with the exact same unemployment rate (7.8%) as the day he started his firs…, Obama has given up. “President Barack Obama will let his jobs council expire this week without renewing its charter.” […]
[…] Starting his second term with the exact same unemployment rate (7.8%) as the day he started his firs…, Obama has given up. “President Barack Obama will let his jobs council expire this week without renewing its charter.” […]
[…] 2009, Obama promised never to “rest” until the unemployment rate was back to normal. In January 2013, the unemployment rate is the same as it was when he took office in January 2009– yet he […]