Friday, November 06, 2009

Eat It

clipped from blogs.investors.com

On the eve of Friday’s jobs report that could see the unemployment rate reach 10%, these are words that the president’s speechwriters probably wish they could rephrase.

“Economists from across the political spectrum agree that if we don’t act swiftly and boldly, we could see a much deeper economic downturn that could lead to double-digit unemployment and the American Dream slipping further and further out of reach.”

President-elect Barack Obama, Weekly Address, Jan. 3, 2009.