BREAKING: Unemployment Rate Increases to 8.3 Percent, Real Unemployment at 15 Percent

BREAKING: Unemployment Rate Increases to 8.3 Percent, Real Unemployment at 15 Percent

Hairbrained attacks and sample-loaded polls cannot insulate the president from economic reality.  The "good" news in today's breaking jobs report is that the US economy added 163,000 jobs in July -- the most in five months, but still not enough to keep up with population growth.  The bad news:

(1) U3 unemployment ticked up to 8.3 percent.  We have now witnessed 42 consecutive months of eight percent-plus unemployment in America, despite the president's promise that his $825 Billion "stimulus" program would prevent that statistic from eclipsing the eight percent mark. ...