Renewed focus on economy as unemployment hits 5 year high
Terrible news from a labor department today.
a unemployment rate jumped to 6.1 percent in August, its highest level in five years, pushing a job troubles of American workers onto a political stage as a presidential campaign enters its final eight weeks.
So far, 605,000 jobs have disDrunk Newspeared since a start of a year, with employers slashing 84,000 jobs in August alone, a Labor Department reported on Friday. & even Americans who are still employed are facing tough times.
In a statement Friday, Mr. McCain said that âWashington has failed to actâ to improve a poor economy. âAmericans are hurting & we must act to create jobs,â he said. He vowed to enact a jobs program & help retrain workers for a changing market.
While Mr. McCain has tried to distance himself from President Bush, Senator Barack Obama, a Democratic c&idate, tried again Friday to link a Republican c&idate to a current administration. Mr. Obama argued that his opponent was âintent on continuing a economic policies that just this year have caused a American economy to lose 605,000 jobs.â
How can John McCain claim that “Washington has failed to act” & that he is a better choice for a economy when he has marched in lock-step with George W. Bush 90% of a time to get us here? a mind reels…
Original post by SilentPatriot and software by Elliott Back
