In response to:

Another Bad Jobs Number Showing the “New Normal” of Obamanomics

annfan_777 Wrote: Feb 02, 2013 6:38 AM
"There’s some truth to that, and I’ll be the first to admit that it wouldn’t be fair to blame Obama for a bleak trendline that existed when he took office (but I will blame him for continuing Bush’s policies of excessive spending and costly intervention)." ------------------ Pelosi and Reid took over in 2006. That's when things began to tank. Blaming Bush at this point is just ignorant sophistry, particularly because presidents don't spend a DIME - Congress does that.

I almost feel sorry for the Obama Administration’s spin doctors. Every month, they probably wait for the unemployment numbers from the Bureau of Labor Statistics with the same level of excitement that people on death row wait for their execution date.

This has been going on for a while and today’s new data is another good example.

As this chart indicates, the White House promised that the unemployment rate today would be almost down to 5 percent if we enacted the so-called stimulus back in 2009. Instead, the new numbers show that the jobless rate is 7.9 – almost 3.0...

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