Obama On Unemployment: "It's a Sign We're Moving in the Right Direction" (Video)
The US lost over 2.5 million jobs in the first four months of this year under the Obama Administration.
The US unemployment rate is now at 9.4%… the highest rate in 25 years.
Bureau of Labor Statistics– via Sweetness and Light
The massive spending by Team Obama and the democrats is having the horrible effect on the economy.
Government reports have shown the economy has lost more than 1.6 million jobs since Congress approved the Stimulus bill in February.
In fact, the economy clearly has gotten substantially worse from the initial predictions a couple of months ago.
But Obama says: “It’s a sign we’re moving in the right direction.”