Quote:
Originally Posted by spence
That chart is meaningless.
The report they cite was based on bad data and the Administration was quick to admit this. -spence
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oh really?? then surely they must have corrected the projections using "good" data as soon as they realized this and after they quickly admitted this...you probably have those revised numbers/projections handy right???
the fact is that either projection has us at what would be a reasonable expectation for a recovery, the administration was trying to sell massive spending as a way to get there more quickly and the only reason that they can claim the current unemployment rate is the direct result of millions and millions of Americans leaving the workforce and climbing on to the government dole....at this rate a 5% unemployment rate will be the result of an even larger proportion of the population on permanent government assistance
