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  • CBO: America Will Never See Full Employment Under Obama

    03/26/2013 12:21:29 PM PDT · by Olog-hai · 35 replies
    Cybercast News Service ^ | March 26, 2013 | Terence P. Jeffrey
    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.” …