Quote:
Originally Posted by elchivito
Silly you indeed. The White House projected that with the stimulus unemployment wouldn't go over 8. It did. It's now back down to a tick over 8 and the trend is falling. Please quote me the President's "promise", and after you do, please explain how it is you believe any president's "promise" regarding an economy he largely doesn't control. Did you believe RayGun's promise not to raise taxes?
Finally, Obama didn't EVER promise or even look forward to 6%. You're either deluded or making that up. Which is it? What he did say, on 9-1-11, was that he felt the unemployment rate would stay above 6% thru 2017. If you call that a "promise", you need a better dictionary.
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Your claim of being just a tick above 8 is a bit skewed, don't you think? In those figures, they don't count those that have fallen off of the unemployment roles, those that quit looking due to not finding work, etc.
Using the U-6 methodology, the real unemployment rate is still over 15%.
Portal Seven | U6 Unemployment Rate
I guess it's just in how you spin the numbers...
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Were we directed from Washington when to sow and when to reap, we should soon want bread. - Thomas Jefferson: Autobiography, 1821.