Friday, September 2, 2011
No Sunshine for Obama in OMB's Forecast
Alexis Simendinger, RCPNine is a lonely number.The Obama administration anticipates voters could face a 9 percent unemployment rate when they go to the polls next year, according to a federal report Thursday that assessed where things stand with the budget and the economy.Nine percent.That would mean nearly one in every 10 Americans would be out of work 3 ½ years after the recession officially ended in June 2009. Today's unemployment rate is 9.1 percent. How will Obama respond when the GOP revives Ronald Reagan's classic 1980 campaign question: "Are you better off than you were four years...
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