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?
... just about anything that comes off the top of my head, which, as you can see, does not provide much in the way of substance ...
What (pray tell) is a "discouraged worker"???? -hp
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