The unemployment numbers for September are out and, for the umpteenth month running, the liberal experiment in Keynesian stimulus policy is still a failure. As the chart below shows unemployment (U3) is still stuck at 9.6% (click to enlarge):
The only reason it is not reflecting the more realistic 10+% level is because the work force level is still well below the 2000-2008 levels (64.7% now verses the average of 66.7% of the population through the Bush administration). The underemployment rate, which covers people without career level jobs who may be working part time as well as not working at all, jumped to 17.1%. That is the same level the country experienced last fall, at the peak of the recession and unemployment.
The Department of Labor says the nation lost 95,000 jobs in September. Which is strangely close to the 89,000 stimulus payments which went to dead people and folks in prison. And this crowd in DC has the audacity to claim they can do better with our health care than we can?? Pulleaaase.
Sent from my iPhone
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