Friday, November 6, 2009

10.2%

The unemployment rate in the U.S. rose to 10.2 percent today despite guarantees by Barack Obama when he signed the $787 billion "stimulus" bill in February that unemployment would never rise above 8 percent. Of all of Obama's lies, this one is the biggest.

More than 16 million Americans are out of work, while Obama continues to insist that his "stimulus" package has "saved or created" 1 million jobs.

The Obama Administration has offered no proof of those 1 million jobs and has been caught several times "cooking" the numbers. The Associated Press continues to report on massive fraud involving the so-called "stimulus" jobs, whereby agencies receiving government money are counting jobs more than once or counting minimal raises given to workers as "saved" jobs to please their Washington masters.

On the same day the Labor Department released the new unemployment figures, Obama signed a 20-week extension of unemployment benefits for 1 million out-of-work Americans whose benefits had run out.

But there are another 6 million Americans who are out of work and have exhausted all unemployment benefits including extensions. Those 6 million will have to put "hope and change" on the table to feed their families as the Obama Recession continues to get worse. (A record 23 million Americans are now collecting food stamps.)

Labels: , ,

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home