The unemployment rate is probably higher than the 15% CBO says it is because the economy has about 3 million fewer jobs now, than when Obama seized power.

The old media sure doesn’t want you to know the truth about Obamanomics, but if this were a Republican Administration, we’d be hearing about it front page, everyday until the election. I’m really hoping the new president and GOP controlled congress will put a bullseye on the media. Something needs to be done about that propaganda arm of the DNC.

From Fox News:

“The rate of unemployment in the United States has exceeded 8 percent since February 2009, making the past three years the longest stretch of high unemployment in this country since the Great Depression. Moreover, the Congressional Budget Office (CBO) projects that the unemployment rate will remain above 8 percent until 2014. The official unemployment rate excludes those individuals who would like to work but have not searched for a job in the past four weeks as well as those who are working part-time but would prefer full-time work; if those people were counted among the unemployed, the unemployment rate in January 2012 would have been about 15 percent. Compounding the problem of high unemployment, the share of unemployed people looking for work for more than six months—referred to as the long-term unemployed—topped 40 percent in December 2009 for the first time since 1948, when such data began to be collected; it has remained above that level ever since.”

Full documentation of this story found at the CBO.