Obama says it could be worse at a speech yesterday in Racine, WI. According to Obama, Unemployment could be 15 percent, and not 9.6 percent as it is.
His argumentation is that of a kindergartner. If it were 15 percent he could say, “at least its not 20 percent.” If 50, “at least its not 75 percent.”
Can’t he get it in his head that 9.6 percent is an abysmally bad number on top of the fact that it is higher than the maximum 8 percent that he promised if his stimulus got through?
Americans have longer memories than you think, Mr. Obama, and we are not going to let you get off downplaying a 9.6 percent unemployment rate.
There are 15 million people who won’t accept, “at least its not 13 or 14 or 15.”
Obama: “The problem is, number one, it’s hard to argue sometimes, things would have been a lot worse. Right? So people kind of say, yeah, but unemployment is still at 9.6. Yes, but it’s not 12 or 13, or 15.”