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March 26, 2013

CBO: 'America Will Never Achieve Full Employment Under Barack Obama'

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Surely the only Americans that will be surprised about this are those that were foolish enough to vote to give him another 4 years!

Via CBS News:

The Congressional Budget Office is now projecting that the U.S. economy will never achieve full employment during the eight years Barack Obama serves as president.

That would make Obama the only American president during the post-World War II era who never presided over a year in which the U.S. economy offered full employment to the American people.

The CBO defines "full employment" to be when the national unemployment rate is at or below what it calls the "natural unemployment rate."

Posted by Hyscience at March 26, 2013 7:32 PM



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