Unemployment at least 17 per cent

Obama and Pelosi may kiss and giggle and celebrate an unemployment rate of 8.3 per cent, but the real story is quite different.  Congressional Budget Office has the unemployment rate at 15 per cent, much nearer the actual situation, but it is much worse than that.  Since Obama has been president his policies have caused the loss of 4.4 million jobs.   In addition to those who have exhausted their unemployment compensation or have given up looking for jobs, there are 10.5 million who have part-time jobs and want permanent employment.  That means that 28 mi8llion are unemployed or under-employed, for a real unemployment rate of 17 per cent.

Can we create jobs as long as Obama's policies are in force?  Not likely, as long as the EPA and other agencies have in effect rules that discourage business.  At least a million jobs could be created by fully developing our mineral resources.   Obama discourages deep sea drilling while other nations are moving ahead aggressively to acquire oil and natural gas.  China is threatening to get the oil from Canada that would have come to the United  States if Obama had not halted construction of the Keystone pipeline.

This nation is in great peril with its huge debt and unfunded obligations in social security and medicare and uncrontrolled spending.  I wish I could see at least a glimmer of hope but I can see nothing good ahead if Obama is re-elected.