It’s an Obama World… Long Term Unemployment at Highest Level Since WWII

When America reelected Barack Obama they voted for higher unemployment, lower incomes, record government spending, and a stagnant under-performing economy. Barack Obama promises to bring even more pain his second term.

In the US today:
12 million Americans remain unemployed.
In December 22.6 million Americans were unemployed or underemployed.
The average unemployed American is out of work for nearly 40 weeks.

To understand just how bad things are, and just what a failure Obama’s first term has been, you have to see it graphically.
This chart was released by the St. Louis Federal Reserve, via BizzyBlog:

It’s the worst unemployment record since World War II.

FOX discussed these numbers this morning.
Via America’s News HQ:

But thanks to the liberal media most Americans are unaware of Barack Obama’s record-setting first term.
And so we can all expect even more pain this second term.

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

You can email Jim Hoft here, and read more of Jim Hoft's articles here.

 

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