Posts Tagged ‘economy we inherited’

The economy Obama inherited

August 25th, 2009 | No Comments

Over and over and over, President Obama has reminded us that he inherited this economic mess we’ve got now. “By any measure,” he said during a March 4 event calling for government-contracting reform, “my administration has inherited a fiscal disaster.” The two chief architects of his “fiscal disaster” would be the person who decides which [...]

Real Unemployment at all time high

August 11th, 2009 | No Comments

Recent news came out that unemployment wasn’t as bad as some people expected. The Labor Department report showed U.S. unemployment fell in July to 9.4% even as the economy lost another 247,000 jobs, the smallest decline in nearly a year. However, most of the sources I read are quick to point out things aren’t as [...]