It isn’t just that Obama continued Bush’s policies, but that he also accelerated the Statist curve exponentially.
Originally posted on International Liberty:
The new unemployment numbers have been released and the White House must be somewhat happy. The joblessness rate is down to 8.2 percent, which means the number that gets the most publicity continues to move in the right direction.
I’ve been predicting that Obama will win reelection if the unemployment rate falls to 8.0 percent or below, so my prognostication ability will be put to the test if this trend continues.
But let’s set aside the politics and take a dispassionate look at the U.S. job market. How are we doing?