Suitably Flip

October Unemployment Report Confirms: Obama Saved 89.8% of Americans' Jobs

10.2%.

Welcome to double-digit unemployment, Mr. President.

The jump in joblessness puts us within sight of the 1982 high of 10.8%.  Reagan found a way to snuff out high unemployment (creating, not mysteriously "saving" but actually creating, 16 million jobs) while simultaneously reining in Carter's malaisey inflation and ushering in a generation-long growth spurt in American productivity and prosperity.

It, um... wasn't what we're doing now.

That may help explain why - after the rate seemed to plateau in the mid 9's earlier this year - we're now back to a second derivative problem (accelerating worsening) in employment.

Geoff at Innocent Bystanders updates his increasingly hilarious overlay of actual data over Obama's own with-or-without-stimulus unemployment forecast.

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October Unemployment Report Confirms: Obama Saved 89.8% of Americans' Jobs

10.2%.

Welcome to double-digit unemployment, Mr. President.

The jump in joblessness puts us within sight of the 1982 high of 10.8%.  Reagan found a way to snuff out high unemployment (creating, not mysteriously "saving" but actually creating, 16 million jobs) while simultaneously reining in Carter's malaisey inflation and ushering in a generation-long growth spurt in American productivity and prosperity.

It, um... wasn't what we're doing now.

That may help explain why - after the rate seemed to plateau in the mid 9's earlier this year - we're now back to a second derivative problem (accelerating worsening) in employment.

Geoff at Innocent Bystanders updates his increasingly hilarious overlay of actual data over Obama's own with-or-without-stimulus unemployment forecast.