If they are admitting to north of 10% now, right in the middle of the health care debate...they probably believe it will be higher...like 12% or worse.
“Ms. Romer noted that the Blue Chip survey of economic forecasters calls for unemployment to peak at 10.1 percent in the second quarter of 2010, up from 9.8 percent last month, and to be at 9.6 percent at the end of next year.”
I thought we were at 10% now.
How do they come up with these figures?
One pointed hat and a crystal ball?
“If they are admitting to north of 10% now, right in the middle of the health care debate...they probably believe it will be higher...like 12% or worse.”
In April I bet a friend that, if Obamacare and Cap & Trade get passed, unemployment would be 12% by the elections of 2010.