Obama Brings Slackerdom to New Heights

Unemployment topped 10 percent for the first time since 1983. This means that one in ten of us are sitting on their ass, probably getting high and making crappy performance art. Thank you President Obama for your sound economic policies that can finally make being a slacker mainstream.

From AP here:

The unemployment rate has hit double digits for the first time since 1983 — and is likely to go higher.

The 10.2 percent jobless rate for October shows how weak the economy remains even though it is growing. Rising unemployment also could threaten the recovery if it saps consumers’ confidence and makes them more cautious about spending as the holiday season approaches.

Nearly 16 million people can’t find jobs even though the worst recession since the Great Depression has apparently ended.

The unemployed rate jumped to 10.2 percent, the highest since April 1983, from 9.8 percent in September, the Labor Department said Friday. The economy shed a net total of 190,000 jobs, more than economists had expected.

I really don’t think the recession has ended. And with so many people out of work I don’t see how it can get better soon.