Friday, November 6, 2009

Fantabulous, in a Bad Way: Unemployment at 10.2%

Way to stimulate that job creation! Oh, wait, there are a lot less jobs than a year ago?

But good news for us funemployed... they've extended unemployment benefits again! Bad news for job prospects... they've increased the unemployment tax on employers to help pay for it. Which means there will be less money for them to hire anyone. Which means staying unemployed longer. Which will mean another extension... then tax increase... and less people hired... you all see how this is going to go right? The way it has been going?