Tuesday, June 15, 2010

Accepting The Unacceptable

I have no idea if this employment forecast is correct, but if it is then our overlords have indeed decided to accept the unacceptable. There was a time when suggesting unemployment would hit the 10% range was crazy talk. Obama's people, in 2009, projected that unemployment would fall to around 7.5% at the end of 2011 without any stimulus and with a stimulus package would hit around 6.5%.

It's truly depressing.