Jobless Rate Hits 9.8% In September
Joe Biden Says Economic Stimulus Working As Planned
Obama Says Obamacare Health Care Will Save Economy
The unemployment rate rose to 9.8% in September as employers cut far more jobs than expected, evidence that the longest recession since the 1930s is still inflicting widespread pain. If laid-off workers who have settled for part-time work or have given up looking for new jobs are included, the unemployment rate rose to 17 percent, the highest on records dating from 1994.
The figures pose a serious problem for elitist progressive Barack Hussein Obama, who had claimed his $787 billion stimulus bill would keep the unemployment rate below 8 percent in an effort to get it passed earlier this year. Now Republicans, who were nearly unified in opposing the spending package, are using the latest figures as evidence that the stimulus failed.
In a written statement House Minority Whip Eric Cantor (R-VA) said, "Since President Obama signed his stimulus bill into law, millions of Americans have found themselves out of work. Continued job loss does not equal success despite claims to the contrary, and the American people deserve stronger economic leadership," he continued. "Families across the country are struggling to cut costs and cope with a tough job market, and they see a massive disconnect between that reality and the President's claim of success and continued spending."
Obama and Joe Biden though are completely removed from reality on the economy. Biden told reporters recently when discussing the stimulus package, “I can tell you today, without reservation, the Recovery Act is working."
Obama said “reforming our health insurance system will be a critical step in rebuilding our economy so that our entrepreneurs can pursue the American dream again and our small businesses can grow and expand and create new jobs again.”
Both Obama and Biden are right if the destruction of the American economy and of America is their objective. Each day with the moves Obama makes it appears his objective is to destroy the American economy.
Obama’s American dream isn’t the same as our American dream. Our American dream is with hard work we can move up and have a better life for ourselves and our children. Obama’s American dream is to make America a 3rd world socialist country, with him as dictator.
America, join with SpeakNowAmerica.org today! We are ready to defend your rights and tell the truth the elitist progressive main stream media won’t tell you. Join with us America to protect your rights and your country. Comment here and email us at YourVoice@speaknowamerica.org. Help us and be part of bringing our Great country back.
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