The Obama Effect: Disguised Unemployment (Updated)

Here. Bottom line: While the official unemployment rate stands at 7.7 percent, the real unemployment rate is 12.8 percent. The real unemployment rate has hovered around 13 percent for the past three years. (So much for “stimulus” spending and “quantitative easing.”)

The job-killing effects of Obamacare will only make matters worse, as will tax increases on “the rich” (if Obama gets his way). There is more on these points in the posts listed at the bottom of “The Obama Effect: Disguised Unemployment.”

About these ads