Recently (very recently) the President stated that unemployment in the US of A would probably rise to 10% as his stimulus program produced results. In fact, the stock market has been responding to government statistics; as unemployment has risen, the market has gone down (Inverse Obamanation Law of Economics). But ... what do you think of these statistics, which are official Department of Labor numbers?
10% you say? What is this 16+% we are seeing? Somebody wants us to see U-3 but not U-6? It looks like we have Obamanomic success beyond our wildest nightmares. Anybody want to give Wall Street some advice?
After a Decade
7 years ago
What (pray tell) is a "discouraged worker"???? -hp
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