CBO Looks at Unemployment

The CBO (Congressional Budget Office), a non-partisan technocrat organization funded by Congress to provide information has released a study looking at the economy as it stands currently. This graphic shows that unemployment will stay above 6% until late 2013.



This is terrible news for ordinary Americans. This is a disgrace caused by Obama's refusal to provide adequate stimulus (and foreclosure help) to get the US economy out of the credit crunch. The tightening credit conditions continue to put pressure on Main Street (which Obama ignores while he lavishes "aid" to Wall Street).