Obamanomics: CBO Director Says Unemployment “Under Current Laws” Will Remain At 9% Through 2012…

In other words, until Obama is tossed out.

ZIP | November 15, 2011 12:10 pm

pat

The CBO has already proven itself to be either staffed with idiots or firmly under the Democratic Party’s thumb.
MN Jim

Does anyone know what the REAL unemployment rate is without all the tweaking of the numbers? I have heard somewhere in the 17% range, with certain groups (blacks, teens) being much higher. Seems like the real numbers should be reported, not the cooked numbers.

If the CBO is in obama’s pocket and even they are reporting a sustained 9% rate, then you know things are horrible.
ontherocks

Here’s a thought, how about jettisoning the pertinent “current laws” and all of their advocates, which could include lobbyists, congresscreeps, and their filthy lawyers in one cleansing helicopter drop over the North Atlantic and just say it’s “For the Children” of the unemployed?
Hickster

@MN Jim- I had heard something to that effect as well. Somewhere in the 15-17% range.
DMTyler

A real conservative needs to be nominated to defeat Osmugface.

If another kinder, gentler Bush I, a Bob Dole or John McCain is nominated i.e. a moderate, we’re looking at a disaster to our country to the 10th power.

FDR was re-elected the third time after eightyears with unemployment numbers in the double digits!!!!
ThomNJ

Gosh – seems like it is just like reporting the inflation number by leaving out energy and food………..
Xavier

Here’s the CBO Summary for 2011-2021. I’m sure some of you folks can decipher it better than I, but the two things I notice are a prediction of 8.2% unemployment this time next year and a 2.0 Consumer Price Index from 2013 to 2016. Both of those numbers are going to have an impact on the election and next administration.

http://www.cbo.gov/ftpdocs/120xx/doc12039/SummaryforWeb.pdf
you want fubar with that,sir?

teen unemployment is something like 50%

that’s what i heard about a month ago
chuck in st paul

What does he mean by “current laws” exactly…??
Pendog

Can’t the Annointed One issue an edict declaring unemployment eliminated? I believe the rate to be higher than 18 percent if you could factor in all the self-employed that are out of work. They(we) are invisible to the govmt, except at tax time.
Hening

That’s the best case scenario
Chicken_Shitte

Bam has re-election in the bag with Big Union running the voting machines and counting the votes. It worked for Harry Reid.
MrBlonde

Unemployment will increase, unexpectedly, right after this little Christmas bump that the geiuii have all forgotten happens every year.
So, I disagree. It will not stay at 9%.
Patrick43

What’s Boehner up to now a days——- 9% unemployment one of the many fantasy of the dolts in Washington DC
http://andy42302.bravejournal.com/ andy42302

Chicken_Shitte, you can amuse yourself all you like about what got Reid reelected. Angle threw that win away with your chickens for check ups nonsense. Period.
Diamond Girl

Zip…Wow! You just got a grat big H/T from the Great One for this blog post.

(I hope I have the correct one)
Thunder Lizard

Oh they’ll be happy for 9% unemployment. I think worse is right around corner. Why? Because I just heard a bunch of analysts say “we are not heading for another recession.” I didn’t know we were even out of the first one?
karen

gfaonline.info is hiring

i just applied

Obamanomics: CBO Director Says Unemployment “Under Current Laws” Will Remain At 9% Through 2012…

RSS

Bail Money

Recent Comments

Scour The Bowels