Tag Archives: Bernanke

Unemployment Rate goes back up!

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.

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