In response to:

Forward: Unemployment Jumps Up to 7.9 Percent

americathebeautiful Wrote: Feb 01, 2013 11:13 AM
You are so demonically STUPID grrrrgama: Over the course of his two terms in office, Reagan presided over several changes to the tax code. What is important to remember — what is vital to understand — is that not all taxes are created equal. When Democrats or media embrace Reagan for “raising taxes X number of times,” they are usually engaging in willful obfuscation. This is because they know that when most people hear the words, “tax hike,” they naturally assume you mean raising income taxes. But tax rates (both nominal and effective) dropped dramatically Inflation-adjusted-brackets">across-the-board during Reagan’s tenure. Read more: http://dailycaller.com/2012/06/06/ronald-reagan-raised-taxes-11-times-the-real-story/#ixzz2JfGGz5xW

The Bureau of Labor Statistics has released the latest unemployment numbers for January. The unemployment rate has jumped back up to 7.9 percent with just 157,000 jobs being added to the economy. The number of unemployed and under-employed persons still sits at an alarming number.

The number of unemployed persons, at 12.3 million, was little changed in January. The
unemployment rate was 7.9 percent and has been at or near that level since September 2012.

In January, the number of long-term unemployed (those jobless for 27 weeks or more) was
about unchanged...

Related Tags: Unemployment GDP jobless rate