Economy & Budget

The numbers don’t lie

Well, the Labor Department just released the unemployment numbers a few moments ago and unemployment is now at 9.7 percent — the highest level in our nation since June 1983. More than 216,000 Americans lost their job last month and nearly one out of every 10 Americans is out of a job, and the administration is crowing about how the pork-laden stimulus bill is “changing the trajectory of our economy and changing the conversation about the economy?”

So far as I can see, the trajectory of unemployment continues to rise and the conversations I hear about people keeping their jobs remains tense. As for the White House? Its numbers and rosy optimism just don’t add up.

Economy & Budget