Unemployment raises to 9% proving throwing money at a problem does not solve it.

Even though payrolls rose by 221,000 last month, the Labor Department just announced that the unemployment rate rose from 9%, in accordance to last month’s 8.8%.

Whatever happened to Obama’s *promised* unemployment rate of no higher than 8%. Wasnt that the reason for the bailouts for the auto, wall street and bank bailouts?

Looks like, once again, Obama cannot predict the economy and throwing money to a problem served little purpose.

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