“First they ignore you, then they ridicule you, then they fight you, then you win.” – Mahatma Gandhi

Friday, November 6, 2009

Unemployment Hits 10.2 Percent...

How many more jobs will Obama kill?
Unemployment has hit 10.2 percent, the highest level since the 1983 recession. Obama administration officials will no doubt try to spin this latest bad economic news by noting that unemployment is typically a "lagging indicator." That was true in the old days, but it won't cut it in the age of the global economy and Internet-driven 24/7 news cycle. Unemployment may now be something of a leading indicator because business executives make decisions about whether to invest in new jobs much more quickly and based on vastly more data...
http://www.washingtonexaminer.com/opinion/EXAMINER-EDITORIAL-HOT-ZONE-How-many-more-jobs-will-Obama-kill-69368047.html

By: EXAMINER EDITORIAL HOT ZONE -November 6, 2009

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