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Forty-two states and the District of Columbia lost jobs last month, confirming that the nation's labor market continues to deteriorate even as more "green shoots" are sighted in other areas of the economy.
Fourteen states and the District suffered double-digit jobless rates in August as the unemployment rate increased in 27 states and the nation's capital, the Labor Department reported Friday.
What does this tell you about President Obama?
Racists are refusing to work just to give Obama bad numbers...
I don't recall Obama ever saying that the recession was over ..
Link Please
His congression speech to congress said something to the effect of, his policies brought the nation out of recession.... not the exact quote but its in the first few minutes of his speech..
His congression speech to congress said something to the effect of, his policies brought the nation out of recession.... not the exact quote but its in the first few minutes of his speech..
Obama praises his economic policies all the time. He's digging us deeper...
His congression speech to congress said something to the effect of, his policies brought the nation out of recession.... not the exact quote but its in the first few minutes of his speech..
That's true.
Quote:
Originally Posted by baxendale
Where's the link?
Didn't you watch the speech?
WASHINGTON: US economy has stepped back from its worst recession in seven decades and is on the road to recovery, President Barack Obama said in a rare address to Congress Wednesday night. http://infotech.indiatimes.com/Reces...ow/4994196.cms
While he added that a "full and vibrant economy is still many months away, he took credit for
pulling the world's largest economy out of a deep crisis.
Well, either the economy is still in crisis, or it is not. We know the stimulus isn't working - only a small fraction has even been spent. Unemployment is rising even while people are falling off the unemployment rolls. Foreclosures are up.
U.S. Foreclosure Rate Set New Record In August
Read more: http://www.allheadlinenews.com/articles/7012274948#ixzz0RabTIe4W (broken link)
Just google it, instead of always asking for a link. It's not that hard to conclude that we are sitting in sinking sand.
Fed Official: Real Unemployment at 16 Percent
Fed Official: Real Unemployment at 16 Percent (http://www.moneynews.com/streettalk/fed_official_unemployment/2009/08/27/252990.html?s=al&promo_code=863C-1 - broken link)
The real US unemployment rate is 16 percent if persons who have dropped out of the labor pool and those working less than they would like are counted, a Federal Reserve official said Wednesday.
"If one considers the people who would like a job but have stopped looking -- so-called discouraged workers -- and those who are working fewer hours than they want, the unemployment rate would move from the official 9.4 percent to 16 percent, said Atlanta Fed chief Dennis Lockhart.
I suggest you either admit you made up the headline or produce a cite.
[MOD CUT]
"Thanks to the bold and decisive action we have taken since January ... I can stand here with confidence and say that we have pulled this economy back from the brink." Obama's speech Read it in full at: http://www.nytimes.com/2009/09/10/us...bama.text.html
42 states lose jobs in August, up from 29 in July - BostonHerald.com (http://www.bostonherald.com/news/national/general/view.bg?articleid=1198404&srvc=news&position=recen t - broken link)
Should I keep posting you links or have you learned to read.
Last edited by Ibginnie; 09-20-2009 at 06:19 AM..
Reason: edited quoted post
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Fed Official: Real Unemployment at 16 Percent
