Thursday, April 5, 2012

Economy Watch - Sharp drop in jobless rate raises questions for economists

"But over the past six months, the U.S. unemployment rate has surprised economists by rapidly falling to 8.3 percent from 9.1 percent even as the economy has yet to get back up to pre-recession speed. According to the textbooks, that’s not supposed to happen".

i know what happened, "Obamanomics", with all the decrying from the right about how Obama's the worse Pres. ever, he doesn't know how the economy works, we'll be bankrupt, the stimulus and auto bail out miserable failures, DUH!! we could have done it faster, but they didn't do it at all. i can hear the scampering around the hall's in congress "we have to find a new bashing point" but until then they will keep running the current lie and their base will ignore the data and maintain their status quo.
DDSS. please click title