Unemployment as Far as The Eye Can See?

Here's something you won't see on the front page of the New York Times or on the nightly news at NBC, CBS, or ABC. But, it's really big and should have gotten more attention than the near zero attention that it is now getting.

Larry Summers, Obama's economic guru, said Friday that the unemployment rate could stay "unacceptably high" for years. Then, he went on to say the $787 billion stimulus and other programs helped stave off even more economic disaster (Click to See Full Politico/Yahoo Story: "Summers: High unemployment for years").

Of course, this is rather disingenuous in that the name "Stimulus Package" implies more than some kind of stop-gap measure. It was specifically touted to "create and save" jobs and keep the unemployment rate below 8%. Now, were looking at rates in the double digits.

It was supposed to "stimulate" the economy. That was how Obama sold this massive left-wing free-for-all spending package. Now, we are supposed to believe that all this spending was only the equivalent of "two aspirins"! I'm quite sure that the 15 million people who are without a job will appreciate that "happy" news!

This is the kind of "truth" that would seriously damage Obama's agenda going forward and this is why this comment isn't in the headlines in our mainstream media. It appears, once again, that the media's job is to make this President look good at all cost by keeping any "bad news" from getting sunlight.