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Saturday, December 10, 2011

Obama: Unemployment May Drop to 8% By Election

Obama says that there is a good chance the unemployment rate may drop to 8% in time for the election next year. And based on his Labor Department's continual arbitrary reduction in the U.S. labor force (those actively working or looking for jobs), he might well get there. After all, we would be at 11.5% unemployment if they didn't toy with the labor force number, but instead we magically have an 8.6% figure - which of course, is a fraud.