Unemployment Hits 26 Year High

Rate Is 10.2% & Climbing Obama Does Nothing

In October the unemployment rate hit 10.2%.  That is the highest rate America has had since April 1983.  The elitist progressive Barack Hussein Obama does nothing.  That’s because as Joe Biden said, “The stimulus package is working.”

Mark Zandi, chief economist for Moody's Economy.com said of the unemployment rate, “It's a very disconcerting report."  Zandi expects unemployment to peak at 11% by mid-2010, up from his previous estimate of 10.5%.

"Small businesses tend to lead the way out" of recession "and that's just not happening here," Zandi says. "They're shedding workers and that's the most worrisome aspect of what's going on in the job market."

The number Obama doesn’t want out and the elitist progressive main stream media is reporting is the actual unemployment figures.  The figures that also show the people who have lost unemployment benefits and have quit looking for jobs.  The true unemployment is 17.5% of America’s work force is out of a job.

For the first time, the percentage of teen-agers out of work exceeded the percentage employed, 26.2% as the rate for teen-age unemployment reached a record 27.6%. 

Even more discouraging, the number of Americans unemployed six months or longer hit a new high of 5.6 million, or 35.6% of the jobless. Congress on Thursday extended unemployment benefits by up to 20 weeks for almost 2 million people out of work nearly a year or more.

America’s economy is collapsing and Obama is out politicking and pushing Obamacare to further destroy our economy.  Obama and the Democrats want to destroy America’s economy.  This is the REAL CHANGE that Obama talked about. 

Obama and the Democrats will completely destroy the American economy if we don’t stop them.  WE can stop them America.  Stay engaged, write, email, and phone your Representatives and Senators.  Join with the groups fighting to keep this socialist destruction of America from happening.

Join with us America to protect your rights and your country. We are ready to defend our rights and tell the truth the elitist progressive main stream media won’t tell you.  Comment here and email us at
YourVoice@speaknowamerica.org.  

Moms, Dads, Grandparents need a place to vent about the direction our government is taking? Go to www.momsanddadsbeheard.org and speak out. Help us and be part of bringing our Great country back. 

Speak Now America! we want to hear from you.

You might also like to read this article: 
House call Capital Rally Shows American Politics At Work 

   

 

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