Recession has been over for 17 months now View another article
Yet unemployment just went UP to 9.8%
 
According to NBER.orgthe National Bureau of Economic Research, the recession officially ended June, 2009.

Yet unemployment just went UP to 9.8%.

So we are not in recession folks; we have been out of it since mid-2009. What is keeping unemployment so HIGH?

Increased costs to employers.
Obama + Democrats have massively increased costs for hiring employees...meaning less people will be hired.

How have they increased costs?
Obamacare. Already AT&T has recorded a $1 BILLION write-down due to Obamacare.
Caterpillar reported a $100 million charge in the 1st quarter.
Deer & Co. reported a $150-million expense.
That's just 3 companies, imagine the TOTAL write-downs for every company in America!

With those extra expenses due to health care, that means these companies have LESS money to spend on...new hires.

The other increased cost?
Proposed tax increases to take effect at the end of the year if Democrats allow the Bush tax cuts to expire.
Another proposed cost increase is cap-and-trade that Democrats might pass in the lame duck session.

Put together as well as many numerous additional regulations and costs, businesses were probably ready to hire as the recession was ending in mid-2009, yet were hit with a shock of all these additional costs.

Unemployment at this point, is 100% due to Obama's/Democrat's policies.
Topic How this article applies
Stimulus (10)
Economy (10)
Obama (9)
He's a Leftist/Socialist (9)
Democrats (10)
Republicans (10)
Subscribe to get news+blog posts to your email.
Check us out on FB/Twitter:
Price Drop on Titleist Pro V1 $39.99
Login to post a comment
Enter your comment below.
The speech Romney should give
Romney, Man of Steel: attacks from the right on Romney completely off-base
F****** Idiot Politicians: Chief Obama economist says tax hikes on rich would boost economy
BLS is full of BS; what every American needs to know
Real Story on Japanese Radiation
8 Facts about the Obama/GOP tax compromise
Is Obama planning on resigning?
Liberals DEMANDING US soldiers with foot fetishes to serve OPENLY
Tax cuts: no matter what happens, GOP has a winning hand
Obama tax compromise smashes Democrats in 2
Stay Classy, Dems. . .Or Maybe Not
The shot across the bow of the GOP
Would Democrats be happy as slaves under a Democratic President?
A DREAM Act to some...a nightmare for all of us.
Democrats' attacks on the rich bite them back...hard
The lonely road of Barack Obama
Idiot Liberals are unhappy reality exposed by WikiLeaks hurts liberal foreign policy
Why the fallout from Wikileaks is overblown
Why Wikileaks release is (mostly) a good thing for the world.
You'd have to be an idiot like Jimmy Carter to believe North Korea
Thank you...to America
Why the TSA scans/patdowns are 100% ineffective
Best plan for the GOP? Raise taxes on the wealthy.
Socialist Lawrence O'Donnell reveals the Democratic playbook on MSNBC
China sells its drones using videos of them destroying US aircraft carriers
TSA: Prepare for full cavity searches during Thanksgiving weekend
96%. Why unhappy Democrats can't primary Obama
Liberals posting GAO article about health care reform deficit savings are just full of it.
Yes, we have a spending problem.
Tax cuts for the rich just not a big deal
State Dept spending went up 41% this year
Sarah Palin will be our next President
Obama the Muslim
THIS is what climate change is all about...
Explaining the 2010 Election
Would Sarah Palin make a great President?
We are Greece in a few years
Pelosi fired herself
Bernanke+Obama are tanking the US dollar
Angle and O'Donnell losses best thing for GOP
Bush v. Obama deficits
Obama's international friends?
HuffPost: Obama failed
Obama doesn't care about leftists or middle class
Valerie Jarrett is Obama's chief adivser
Obama aloof, inexperienced
Obama golfing again
Facts about the Boston Tea Party
I know, you don't really like Republicans
Chris Dodd wrote the financial reform bill in the Senate. Who donates to his campaign?
Too Big To Fail? Bailout is WRITTEN into Dodd Financial Reform
Financial reform ineffective
Financial Reform didn't stop derivatives
Health reform to WORSEN doctor shortage
Doctors limiting new Medicare patients because payments are too low
Obamacare either MASSIVE cuts to Medicare or MASSIVE deficits
Japan's looming debt
Deficits were fixed after WWII because the war was over
Debt growing at 10% of GDP per year? Not sustainable
Debt above 90% is a drag on growth
CBO shows highest debt % since WWII
Historical Percentage of Revenue by Source
Waste of stimulus
State debt: states are borrowing more
How exactly did this stimulus bill grow the economy?
Record number in govt anti-poverty programs
Dems love the misery of the Great Depression
Dems prosper as economy tanks
Democrat promises killed our economies
Mother jones admitting pensions are a problem
States need to go broke
Federal workers earning DOUBLE their private sector counterparts
Obama bails out state unions
SS/Medicare liabilities $4.3 trillion
Time is running out for the West
Krugman says we don't have a debt problem
SS/Medicare admit THEMSELVES we have a problem, while liberals continue to deny we have one
Medicare admitting Health care reform deficit savings is a SHAM
Obama's 10-year interest payments: $5.6 TRILLION
Obama's 10-yr deficit: $9.7 trillion
Why the SS Trust Fund is meaningless
Social Security ran a deficit this year
Largest cut for Bush tax cuts
Obama's tax cuts vs. Bush tax cuts for the rich
Facts about the Bush tax cuts