Michigan’s Unemployment Reaches 15%

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As of July, Michigan’s unemployment rate has reached an all-time high of 15% and growing. Michigan once boasted a large population of just over 10 million folks but with joblessness sweeping the state like an unstoppable epidemic, those numbers are decreasing rapidly as intellectual capital moves elsewhere.

“In a little over 100 days, this recovery act has worked as intended.” explains Barack Obama, President and Chief of the United States.

So you intended unemployment rates to grow daily? Sorry Barack, but if I were president, I wouldn’t admit that. Especially since the stimulus has not worked at all. The President also went on to assert that the stimulus wasn’t designed to work right away. Am I on glue or did I misinterpret the President when he stated just 7 months ago that the stimulus was a short-term solution to get America back on its feet? And if this ’short-term’ solution doesn’t work in a year, exactly how long is ’short-term’?  

As if Obama’s comment wasn’t bad enough, his administration now claims that they ‘misread how bad the economy actually was’ as a cover-up to emphasize blame on Bush. Whether the blame goes to Bush or not, misreading the state of the economy is a serious error to the 1,500,000 jobless Michiganders. It’s very reassuring to know that our own government is incompetent in making decisions based on hard data.

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