Tuesday, March 16, 2010

The New Normal: High Unemployment



The Obama administration has predicted here that job creation in the near term will not be enough to lower unemployment from its official 9.7% and in fact in the next few months the rate might go higher as "discouraged" workers come back in from the cold to look for jobs.

If there was no occupant in the White House, the economy would be doing much better than it is. A total idiot could not make the mess that we now see. So there is only one conclusion that can be reached: it is on purpose!

Even Obama's new Vice Chair candidate for the Fed has stated that too many workers increases inflation, as we reported here.

This purposeful destruction of the economy is engineered to make more people dependent on the government and to punish the successful whom Obama views as the causes of all the perceived evils he has come to hate in America.

How is that Hope & Change working for you???

No comments: