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When you give the reins of power, you have done so because of their rhetoric. What you actually end up with is the results of their philosophy. Like their actions not reflecting their rhetoric: Obama PROMISED, his minions PROMISED that the Stimulus would keep more Americans off the dole and gainfully employed if we just. … Read more
Boy, it will be amusing to hold President Obama to his own promises – especially the one that if Congress passed his $787 Billion Stimulus bill (aka “Porkulus”), unemployment would never rise above the curve that his economic advisor, Christina Roemer, promised: #FAIL. I liked what Don Surber wrote: It’s the chart that makes liberals … Read more
“In the grey line, Nomura economists have adjusted the unemployment rate for the number of discouraged workers who have left the labor force and therefore count as unemployed in this alternative measure. (And yes, they do take into account demographic trends by age group that would influence those leaving, the largest of which is retiring … Read more