The seasonally adjusted unemployment rate rose from 4.3% in January 2001, peaking at 6.3% in June 2003 and reaching a trough of 4.4% in March 2007. After an economic slowdown, the rate rose again to 6.1% in August 2008 and up to 7.2% in December 2008. From December 2007 when the recession started to December 2008, an additional 3.6 million people became unemployed.[60
By the time Obama was inaugurated it was up to 7.8%. Go bury your head back in the sand, iffy
The trouble with society today is that many expect "instant gratification". This economy was a total mess when Obama took the reigns. What we need is more bipartisanship in congress to "solve" the issues. Many of the congressional GOP members, aka "tea party" have been stonewalling....their only goal is to defeat the current administration. They are still going to get their government pensions...but what are they doing for us?...the one's paying them? In any relationship, the worst thing is lack of or nonexistent communication. Remember, with the advent of the tea party, this IS NOT the same GOP party we had under Ronald Reagan. They are extremists. If as they contend, Americans should be paying lower or no taxes, just how would we have funded wars in Iraq & Afghanistan?...private donations? Think about it. May God bless these United Staes of America!