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

rchrusniak Wrote: Feb 02, 2013 5:26 AM
Karpe diem, your commentary is significantly on target. The Dems are in an unenvious position of a shopper trying to economize by spending like a drunken sailor and wondering why he can never get ahead.

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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