Friday, June 01, 2012

US Unemployment UP = 8.2%



BBC News: Reports that only sixty nine thousands jobs were created in May of this year in the US, thus the US Unemployment rate has gone up from 8.1% to 8.2%.

Lets Get Real:

This is a bloody disaster for the Chicago Re-Elect Committee, the last few months have seen a decline in the jobs created in the US, as the article notes the the projection for jobs created in March and April has been downgraded by 49,000. It will be interesting to see how the uber liberal main stream media runs this story, one can guess that they will run with other stories. It should be noted that the Congressional Budget Office has projected that US Unemployment will raise to 9% by the November election. If this projection happens then POTUS is toast, there would be no way back, the Oval must be hopping for some good news over the next few months, otherwise Obama will join this club, Hoover, Carter and Bush 41, one term Presidents. Lets recall folks, that Bush 41 did an excellent job when it came to Foreign Policy, but was still booted out, even Churchill lost in 1945 over the domestic agenda. Rhetoric only gets you so far folks.


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