Friday, July 6, 2012

June Unemployment 8.2 Percent: Every Month Under Obama Above 8 Percent

The government's unemployment report for June 2012 is here.

I'm sure Obama would just love to take credit for January 2009 when unemployment hit 7.6 percent. All 41 of his months in office are a sea of red on this chart, with no month below 8 percent unemployment.

Unfortunately Obama would then have to take credit for his massive and ineffectual February 2009 stimulus spending which his little Marxists like Rex Nutting at Marketwatch and elsewhere shift onto George Bush's fiscal year ending in summer 2009 to make Obama look like a tight wad when it comes to spending.

If I've still got a quarter left in my pocket on election day he can have it if Obama gets unemployment to 7.6 percent by then.