Who’s Fault Is It?
The new unemployment numbers from June were recently released showing that the current stimulus didn’t really help, well as of yet.
The unemployment rate seemed to have risen to 9.5 last month which is an indicator that the recession is still alive and well. With the economy losing 467,000 jobs in June, the reality of job figures improving since January is basically a non reality.
As of today it is sad to say that approximately 4 million Americans, which is nearly one – third of the unemployment rate, have been out of work for at least six months.
Now what I find amazing is the debate brewing on whether Barack Obama’s policies are to blame for the country’s economic epidemic. What I want to know is, how is Obama to blame for the economy? Come on people, he hasn’t been in office for a year. Why don’t we look at the president before Obama? The previous president had eight years in office and look at the country. How can one blame Obama? If anything, he has to clean up the mess created by George W. Bush.
Many wanted to criticize Obama’s policies and health care plans but I feel he’s doing what he thinks is best to pull our country out of the mess our previous president left us in.
