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  • To:All
  • Nov-6
  • waltmk

Rueters:

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Unemployment rate rises above 10 percent
Economy sheds larger-than-expected 190,000 jobs in October

BREAKING NEWS

updated 15 minutes ago
WASHINGTON - U.S. employers cut a deeper-than-expected 190,000 jobs in October, government data showed on Friday, driving the unemployment rate to 10.2 percent, the highest in 26-1/2 years.

msnbc.msn.com/id/33713864/ns/business-stocks_and_economy/

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For all the blather that's been projected about the meaning of Tuesday's election results, an accurate account of those results can be summed up in one word - UNEMPLOYMENT!


Edited Nov-6   by  waltmk
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  • Nov-6
  • worldsirius

>>> When unemployment topped 10 percent in the fall of 1982, President Ronald Reagan's Republican Party lost 26 seats in the House. <<<

During St. Ronnie's term?

Say it ain't so, you revisionist.

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  • Nov-6
  • worldsirius

You mean the economy that was ruined during the Conservative watch?

I don't hear anymore talk about a depression.

And Bush has climbed out of his bunker. Things must be looking up.

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Message 104433.9 was deleted
  • Nov-6
  • worldsirius

No, but he left Dubya a surplus.

Where did that go?

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  • Nov-6
  • waltmk

The reality of joblessness is beginning to step to the forefront. And when you couple that with high taxation and gov. largess, the "blame-game "appears all the more unbecoming for those who claim to be responsible leaders.

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