Day by Day

Tuesday, June 09, 2009

CNN - Obama's unemployment "a rosy spin"

CNN? Yep, CNN. They only have themselves to blame as they anointed Obama. But we're the ones who have to suffer.

"Friday’s news that the official unemployment rate is now at a 26-year high of 9.4% is actually a rosy spin on what is really happening. " ...

"And when you add up U-3 and all the underutilized workers the official U-6 rate for May 2009 is 16.4%."...

It sure makes it hard to buy into the green shoots theory just yet."


Related: The Media Fall for Phony 'Jobs' Claims

The media aren't falling for the phony claims, they're just continuing to be Obama's mouth piece.

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