The stimulus is working so well that unemployment hit 10.2 % but is actually higher than reported
How can this be? How can unemployment continue to grow when Obama, Biden, Pelosi and Reid tell us that the stimulus is working? After all, they are saving and creating jobs by the millions. Yeah, the most open, most honest, most ethical group ever is lying through their liberal/progressive teeth.
CNN reports:
The number of U.S. metropolitan areas with jobless rates above 15% increased in November, according to government figures released Tuesday, despite the biggest one-month drop in the national rate in more than three years.
The Labor Department said 17 of 372 metropolitan areas surveyed suffered unemployment rates of at least 15% last month, up from 15 metro areas in October.
How can unemployment increase when the stimulus is creating and saving jobs? Hmm…
Jobless rates were higher than 10% in 125 metropolitan areas in November, up from 123 in October.
Overall, 143 cities in the Labor Department report had unemployment rates above the non-seasonally adjusted national figure of 9.4%, while 229 reported jobless rates below it.
The stimulus is working so well, unemployment was 7.6 % before the stimulus was passed and is now at 10 % after the stimulus was passed. Almost one year later and Americans haven’t seen the promised benefits of Obama’s pork-laden stimulus. However, they continue to claim that it is working as intended. Did they intend it to cause even more job loses and higher unemployment? Judging by all these numbers the answer is Yes.
That’s a good solid B+ in Obama’s mind.
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