9.1%: Highest Unemployment Rate Among Any Post War President Seeking Re Election

June 3, 2011

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A 9.1% unemployment rate is what you get when you spend your political capital trying to reorganize the United States of America into a European socialist utopia.


How’s that “Hopey Changey” stuff working out, America? Here.
From the WSJ here:

President Barack Obama is likely to confront the highest unemployment rate of any postwar incumbent when he seeks re-election in the fall of 2012.

As Dan Heninger said yesterday here:

The day before that [George Washington University] speech, all Washington expected Mr. Obama to make a major policy statement about the big deficit-reduction debate then unfolding. Agree or disagree, Paul Ryan’s budget released the week before was all about policy. The Republicans were actually offering to take part-ownership of the economy by spending the year in dense discussions about the deficit and spending.
Expectations raised, the president contributed nothing. Instead he dumped ridicule and derision on the Republican leadership seated before him. With that speech, Mr. Obama kicked off his 2012 presidential campaign, and in so doing politicized the economy.

You own it, buddy.

Tell ’em where you saw it. Http://www.victoriataft.com