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Unemployment at 10.2% is only those who actively seek work. The actual rate of those who are unemployed is likely closer to 20%. 1 in every 5 working-age Americans is out of a job.
(via notthatkindagay)
Remember when Obama said that we could stop unemployment from reaching double digits by spending $1 trillion? Could you imagine going to a cobbler, having him tell you he could fix your shoes for $1000, and having the soles fall off shortly thereafter?
In this case it’s more like we agreed to buy the $1000 shoes, but they’ve only accepted $50 from us and we’re still wearing the old shoes.
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