Jobless rate to 10.2%
Highest figure in 26 years spurs GOP attacks on Obama
Political pressure mounted on President Obama as the nation’s jobless rate shot up to 10.2 percent, a 26-year high that prompted blistering Republican attacks on his economic policies.
Republicans launched assaults against the president’s $797 billion economic stimulus package within minutes after the announcement yesterday morning that the jobs situation got much worse last month.
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Umm Did anyone notice the % increase it was.4% and the job loses was 190,000 in Oct....Boy that is scary folks almost a 1/2 % for 190,000 job loses....
The Stmilus package produced nothing, Ever Green Solar.. Green Jobs are being shipped over to China. I thought the Stimilus bill was for these projects...Yep the money is being spent to cover the state shortfall!
So esentially you are paying double thensatte tax.. for less service.
The Stmilus package produced nothing, Ever Green Solar.. Green Jobs are being shipped over to China. I thought the Stimilus bill was for these projects...Yep the money is being spent to cover the state shortfall!
So esentially you are paying double thensatte tax.. for less service.
big O will save us all....spends it ...then you can file chapter 7....then ask china for help...mao to the rescue as dunn would say..barry help us or whoever you are ?
I don't believe that figure include those who can no longer collect benefits because they expired. Hey deval, how are those tax dollars you spent to get evergreen solar and the other "green" tech companies here working out for us?
Typical backward democratic policy....pay people more to NOT work, instead of paying (tax cuts) to the people that could CREATE jobs. At least FDR made people work on public works projects to get their govt check. Makes you wonder if they don't want job creation...it's almost like the demofacists are trying to create an economic crisis...but why? Impeach obama. Vote anything but democrat.
Unfortunately we haven't seen the worst of it yet! I hope they have a trick up their sleeve. He said at the time of the stimulus that we could not afford to have unemployment over 8%! I'll say it again you can't spend and tax out of this. Help small business get out of this mess and start hiring. Give the people a tax break, and don't raise the capitol gains tax or all the businesses will move to China or India. For God's sakes wake up!
Thank god for Bozo's stimulus bill !! How much damage can this pack of clueless nitwits in Washington do all of our children and grandchildren are going to pay for this social experiment called obama.
Well, at least we've got Hope. And Change. Yep, both the Change thing and the Hope thing seem to be working out really well. Maybe Obama can speak before the jobless people in this nation where he can work his new comedy material. That worked so well for him right after Fort Hood. What a disaster.
That's Obama doing his job. Isn't he great! The change we can believe in is currently going in the wrong direction. Just like everything else he's doing.
Thomas Grillo and wire services contributed to this report.
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