Since unemployment numbers havenâ€™t always told the true story of whatâ€™s happened to the U.S. economy, a more diligent survey of other, broader indicators is necessary to gauge the Presidentâ€™s economic stewardship. When defined by gross domestic product (GDP) growth, for example, itâ€™s the worst economy in 83 years.
Bad politicians, like bad people in general, are a product of our debased culture â€” a culture we created. They are a reflection of our deteriorating American ethos. Complaining solves nothing.
August was the 43rd straight month in which the overall unemployment rate remained above eight percent. While officially reported by the Bureau of Labor Statistics as 8.1 percent, the U-6 unemployment rate â€” totaling all potential workers (including those who stopped looking for work) â€” was a much more sobering 14.7 percent.