Town Square

Obama now says unemployment will go over 10%!!!

Original post made by Pablo on Jun 16, 2009

President Obama told us that if the 787 billion stimulus passed unemployment could be contained below 8%. It already is over 9.4% and now he predicts it will go over 10% while many leading economists predict it will go to 12% - 13%.

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Posted by Cholo, a resident of Livermore
on Jun 16, 2009 at 6:44 pm


Posted by Michael, a resident of Livermore
on Jun 16, 2009 at 6:51 pm

Well I guess nobody should be surprised because the guy is not delivering on anything other than blaming everyone else and getting great print from his legions of disciples.

Posted by Audrey, a resident of Carlton Oaks
on Jun 16, 2009 at 8:58 pm

Michael, where were with your 'oh so smart' remarks when Bush was doing such a 'great job'. Give the guy a chance, it probably has to get a lot worse before it starts to get better. There is a big mess to sort out. It's sickening to see so many judgemental posts on here.

Posted by Michael, a resident of Livermore
on Jun 17, 2009 at 8:33 am

Audrey, hey hey now there girl. I was complaining loud and clear about President Bush and voted for President Obama but wish I had not at this point because I thought we were electing a leader not someone who continually campaigns and blames others for things which are now his job to improve. He has and is turning a recession into a disaster by his policies and no I will give him no more of a chance than I gave Bush until he starts doing the job and thus far I am not getting what I voted for.