Supervisory Substance (phatpharmer) wrote,
Supervisory Substance

Lagging Indicators

I'm worried that people will end up blaming Obama for the unemployment numbers.  Obviously he painted himself into a corner with rosy forecasts.  What I don't think alot of people realize is that unemployment is going to remain high whatever happens to the economy.  In our lifetime we will see jobless recovery after jobless recovery.  And abandoning the democrats in this kind of economy will be a terrible idea.  Democrats might be just as powerless as Republicans in terms of preventing unemployment, the difference is that if you are unemployed or underemployed you are definitely going to be better off with democrats in power.
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