The real U.S. unemployment rate is 16% during Obama’s watch when counting workers that have dropped out of the labor pool either because they’re discouraged or have just stopped looking and have given up on finding a new job according to a Federal Reserve official.
On the 01 August, Obama announced that because of his success in handling the economy, the U.S. unemployment rate fell in July to 9.4 % while disregarding the many U.S. workers that were not included in the real U.S. unemployment totals.
Obama has no real plan on managing the economic mess that he along with Democrat-Socialists in Congress have created, their solution is more and more federal spending which is not working but is bankrupting the economy leading us down a wide path to catastrophe and not prosperity.
Related Post: Gov. Palin and President Kennedy Agree:
Tax Cuts Help Economy Via Conservatives4Palin
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