Your Money: Understanding the Jobless Rate

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Uploaded by on Nov 7, 2008

A steep rise in unemployment shows the economic troubles are far from over. AP Personal Finance Editor Trevor Delaney takes a closer look. (Nov. 7)

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  • Lessons can also be learnt here. Anyone who votes for an incompetent president should not be surprised to be out of a job.

    Bush being, not only incompetent but also reckless bordering on criminal, those who voted for Bush cannot complain about unemployment, because they called for it.

    Those who didn't vote for Bush are the only ones to feel sorry for.

  • Obama's plan to help the unemployment rate is to extend unemployment benefits. It's obviously a good idea to pay people to not get a job. That will surely lower the percentage of those in the ranks of the unemployed.

    Obama should also raise taxes to get this economy going. Confiscating a higher percentage of the private sector's wealth will encourage us to be more productive.

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