Since CBS News anchor Scott Pelley delivered those words, unemployment has increased to 8.3 percent — with “real unemployment” (unemployed, underemployed, given up hope) ticking back up to the 15 percent mark. July marked the 42nd month in a row of 8-percent-plus unemployment. In selling his $825 Billion borrowed money stimulus scheme, the president told Americans that the massive expenditure would prevent the unemployment rate from exceeding 8 percent. Today, the president is calling for another unpaid-for stimulus program, and tax increases on productive small businesses. Higher taxes, more spending, and blame: He’s grossly misreading history while blaming others — including his opponent — for our current state of affairs. Leadership and accountability.
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