Obama On Unemployment: "It's a Sign We're Moving in the Right Direction" (Video)

Never in US history have we seen the unemployment rate spike so quickly since they started tracking the statistic in 1948 than we have seen under the Obama Administration.

The US lost over 2.5 million jobs in the first four months of this year under the Obama Administration.
The US unemployment rate is now at 9.4%… the highest rate in 25 years.

Bureau of Labor Statistics– via Sweetness and Light

Last week it was reported that in May the US economy lost another 345,000 jobs.
And, Obama’s response to this news?
“It’s a sign we’re moving in the right direction.”

Via Breitbart

The massive spending by Team Obama and the democrats is having the horrible effect on the economy.
Government reports have shown the economy has lost more than 1.6 million jobs since Congress approved the Stimulus bill in February.
In fact, the economy clearly has gotten substantially worse from the initial predictions a couple of months ago.

But Obama says: “It’s a sign we’re moving in the right direction.”

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

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Thanks for sharing!