More Timely Than Ever!

Sunday, October 04, 2009

Unemployment Keeps Rising

Unemployment hit 9.8 percent last month (a conservative estimate, to be sure). The Obama administration once said it would approach 9 percent -- if the "stimulus" did not pass. With the "stimulus" it was supposed to be less than 8 percent by now. (See graph.)

When do we declare the "stimulus" a failure? Huh?

2 comments:

Anonymous said...

It didn't fail. Its purpose, like everything Obama advocates, was to further destroy the Republic. That wasn't the *stated* purpose, but that was the purpose, and it succeeded.

Darian said...

It's a market failure! The problem is that the market didn't respond the right way to Obama's genius.

/sarcasm