Unemployment Numbers Challenge Obama's Budget Forecast | The American Spectator | USA News and Politics
Unemployment Numbers Challenge Obama’s Budget Forecast
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With today’s news that unemployment in April rose to 8.9 percent, it’s worth reiterating that Obama’s deficit forecast for 2009 is based on the assumption that unemployment would average 8.1 percent this year. And it’s worth keeping in mind that even under that rosy scenario, we’re still looking at a $1.75 trillion deficit in 2009, according to Obama’s own projections.

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