Unemployment Is Only .5% More Than In 1992

28 05 2009

Some repeatable numbers:

According to the U.S. Bureau of Labor Statistics, the unemployment rate is 8.6% as of April, 2009.

Now no one wants to celebrate unemployment, but when you hear about the “worst economic crisis since the Great Depression”, it makes you want to look at some of the numbers a little more.

So I did. The last unemployment high as large as now was 8.1% in January, 1992. When Bill Clinton was President.

It was worse in 1982 at 10.8%. When Ronald Reagan was President.

REPEATABLE: Unemployment has grown under Obama, but not to the epic proportions he continues to make us believe.