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Friday, October 12, 2012

Unemployment

Despite the unofficial down-tick in unemployment, the real number remains north of 11%, counting the people who have given up trying to find a job.  It’s a fact that there are fewer people employed now than when Obama took office; meanwhile the labor force has grown in numbers.  Obama’s embrace of the mythology of Keynesian economics (the theory that more Federal spending will cure any economic problem) was a dismal mistake.

But look on the bright side.  Obama guarantees that Big Bird can keep his job.