Wednesday, August 24, 2011

More Bad News

As though a hurricane, plus an earthquake, plus all the economic woes aren't sufficient, now the Congressional Budget Office (CBO) projects unemployment will stay above 8% until sometime in 2014. The last time the national unemployment rate was below 8 percent was the month President Obama was inaugurated.

Running for reelection into that sort of headwind is no picnic. The CNSNews.com article from which these stats were taken is here.