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Originally Posted by SniperSB23
It's not good! No one is saying that. Although if you seasonally adjust the data it isn't as bad as it looks. No one doubts we are in a recession, the question is when we are getting out of it. And the unemployment rate is the worst gauge of it cause of how it is calculated. And is exactly why I think you are making up that Obama ever said it wouldn't get over 8%.
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The unemployment rate is close to 10%. It is bad anyway you cut it. Who said we are getting out of the recession anytime soon?