Highest Unemployment Since 1983, Under Obama
By Liberty - Last updated: Friday, April 3, 2009 - Save & Share - Leave a Comment
Unemployment will easily hit 10% by the end of this year.
Of course, President Obama and his advisers don’t see it that way. They forecast unemployment topping out at around 9%.
But why trust them? Of Obama’s 22 Cabinet level bigwigs, including the biggest wig himself, none has had a sustained private sector career.
They’re government lifers. And they’re living in a fantasy world of think tanks and policy papers where government spending magically leads to business hiring.
Unfortunately, it doesn’t work that way.
Soon enough, Obama’s dreams of job creation will turn into an unending nightmare of double-digit unemployment.
H/T Gateway Pundit.
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