Early this month when the December unemployment numbers were released Obama claimed, “…the overall trend of job loss is still pointing in the right direction.”
Huh?
On Sunday, Wal-Mart announced plans to cut 11,000 jobs or 10% of its workforce at Sam’s Club.
Remember when Obama promised us that unemployment would not rise above 8% if his $787 Billion Dollar Stimulus package was passed.
Reality–85,000 jobs lost in December, unemployment stays at 10%