President Obama and Unemployment Rate

Donald Trump: In Republican circles, this poses a bit of a problem, according to MSNBC. President Obama and his agenda are supposed to be causing an economic nightmare of historic proportions, with job creators crying over their balance sheets when they’re not being dragged into the streets for their ritual tar-and-feathering. In the most recent report, the rate was 5.3% – its lowest point in more than seven years, and far from its peak of 10% in 2009. With job creation improving so much, so quickly, conservatives find themselves looking for new ways to talk about the issue. Consider GOP presidential candidate Donald Trump comments to *Time* magazine this week: We have a real unemployment rate that probably 21%. It not 6. For some, conspiracy theories are a convenient crutch – that rascally White House, the argument goes, must be manipulating the data to fool everyone – while other Republicans make the case that there a difference between the unemployment rate and the *real* unemployment rate. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.