You have to put these announcements over the past ten days in prospective. These unemployed folks won’t appear until Feb or Mar of next year. We ought to anticipate the unemployment moving back up closer to nine percent by the summer of 2013. At that point, the President can’t really blame Bush anymore...he owns the mess at this point.
The real unemployment number at this point is around 15%, not counting underemployment, It will likely be about 25% by early spring.
http://portalseven.com/employment/unemployment_rate_u6.jsp
I don't know how much longer they can fool the American Public. This guy makes Dennis Kozlowski look like an amateur when it comes to shell games.
Wait to people meet with their CPA's at tax time this year, ( look at my post the last two days about talking to my CPA friend ) wait until their healthcare bennies get reduced or dry up, just to name two.
The Chicken's have come home to roost!