Friday, November 02, 2012
Unemployment..7.9% - Epic Fail
Actually, if you look at the more accurate U6 rates, almost 15%.
7.9% per cent is the official U-3 rate.
When President Obama took office in January of 2009, it was actually lower, at 7.8 %.
No incumbent has ever faced voters with these kind of unemployment rates since FDR.
And by the way, the 'official' black unemployment rate is 14.3%. The real U-6 rate is over 20%.