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Of course unemployment will continue to rise – and I'm glad he openly says it instead of leading the country astray like the republicans did.
This economy is the fault of the republicans.Period.

Wake up America! The promise to sell us the bailouts ( multible bailouts to date) was to save Main Street not Wall Street. Well who was saved? The Mega rich have their bailout, they get to keep the summer home in the Hampton's, keep the winter home in Florida, they get to keep their bid fat bonuses, and what did the American worker get?

A PINK SLIP! And watch their jobs sent to China, Mexico, and India...

None of these Elitists in either major party care about the American people, they are all working for the "Progressive Government" bringing about the "New World Order" and these plans have nothing to do about holding the values of the U.S Constitution, our freedom and liberty is being sucked away while we eat our Big Macs.

Obama told us that the stimulus would create or save 3 million jobs. He forgot to mention that in the process we'd lose all the others.

Pathetic. Pre-soften the blow, Mr. President.

The country is watching, and enough of them will know the real story come 2012.

Thankfully, Ryan Seacrest just signed a $15 million deal! At least he won't have to suffer living on only $5 million.

This will get worse before it gets better...people should know this...we'll recover...

It's a good move giving all of that money to community college's, but only 40% of blacks are graduating from H.S. and only 50% of minorities are.
We have to work on things that will keep these highly at risk people in the educational loop – and or planning for economic success.
We can't afford not to invest in this group or the gaps are going to widen and the recovery from that point will really seem hopeless.

Obama's crystal ball is cracking.

I am sure that the unemployed people will find Barack's comments as refreshing as hot air on sweltering summer day.

Yes Barack, the unemployment figures are rising, very perceptive of you to notice.

26 year high!! Thanks Obama...I want my vote back, this is not the change I voted for. We were sucker punched by your empty promises. A good speaker does not make a good president. Lesson learned!

Again, not his fault...."we had a problem before the recession...." When will the man accept responsibility for what he had done??? Take off the rose-glasses america !

Pinnocchio speaks again..the obumbler wouldn't know the truth if it jumped up and bit him..and how much did the little london spending spree for his wife and daughters cost the american people??..I'm sure we will never be told..of course when you aren't a natural born american and the sitting president you can do what you want

What??? I thought that by passing the stimulas bill back in January, this would prevent unemployment from going into double digits. I love how he keeps tell us to be patient. He is hoping for a natural recovery and then he will take credit for it. Seems like he does this all the time.

When did the light bulb go off?? Did he just figure out that the pork filled stimulus didn't work and there was no way it could have worked?? Hopefully he'll realize that another stimulus plan and taxing the few remaining workders would be a huge mistake. But that's wishful thinking and we all know an out of touch community orgainizer doesn't have a clue.

I thought reason for the big push to pass the almost 900 billion spending bill was to stop unemployment from raising past 8%? What happened?

At the beginning of the year, he said it would not top 8%.

You can count on the negative forces of evil, that is the GOP to wail away at President Obama's efforts to turn around the economy for cheap political points, while offering nothing as an alternative, but tax cuts and more deregulation

Just keep in mind that whenever you steeply cut taxes while financing a war (which is unprecedented in US history), and removing all accountabilty and responsiblity from wall street and corporate america, this is what you are left with, a stagnant economy.

Wow 2 months ago he said unemployment wouldnt pass 8 percent.
Now he says it will get worse . He signed a 7 trillion dollar bill to fix this. That didnt work . His cap and trade bill will create jobs .
We already know thats a lie. He doesnt have a clue.

Obama's report card? F for failure. Yet the dumbocrats keep on digging themselves into a hole. They should never be allowed to be in power again.

The Rasmussen Reports daily Presidential Tracking Poll for Tuesday shows that 28% of the nation's voters now Strongly Approve of the way that Barack Obama is performing his role as President. Thirty-six percent (36%) Strongly Disapprove giving Obama a Presidential Approval Index rating of –8.

You can count on the negative forces of evil, that is the GOP to wail away at President Obama's efforts to turn around the economy for cheap political points, while offering nothing as an alternative, but tax cuts and more deregulation

Just keep in mind that whenever you steeply cut taxes while financing a war (which is unprecedented in US history), and removing all accountabilty and responsiblity from wall street and corporate america, this is what you are left with, a stagnant economy.

I pray America will not capitulate to the forces evil again.

They stole your money. They stole your job. Don't blame Obama - blame the teleprompter. And, when you get your associates degree, you can mow rich people's lawns.

you can argue who is at fault for where the US is today. Was it GWB? I would argue that GWB's record was fine until the democrats took control of congress. And I would argue that the real force behind this economic disaster was Clinton's and Dobb's policies regarding loosing the requirements under Fannie and Freddie to get a loan causing the housing bubble. Does trickle down economics work? I believe it does when government doesn't screw around with it.

There is enough blame to pass around as to who is at fault. (of course nobody can play the blame game as well as obama has played it).

What scares me is it is becoming increasingly clear that obama has no clue how to fix this and his policies are making matters worse, His one term will probably hurt us worse than Carter ever did and prove to everyone that experience does matter, and talk is cheap. I don't think america will ever be fooled again by someone who shows well, speaks well, but can't deliver no matter how good they appear and how much they blame everyone but themselves.

And if the cap and trade laws pass the unemployment will continue to rise for years. The costs placed on companies will assure that all remaining manufacturing jobs will be sent to China and India, who have said they will not participate in any emission restrictions so they can increase their manufacturing with no additional costs or restrictions.

BHO's evasive and elusive estimate of unemployment is likely to enrage the GOPs, who, in turn, will ignite the fire of infuriation, that 'll spread like a wild fire towards the man in the street.

Thanks for the forecast genius.

exactly what he wants; the coming together of a nanny state....

Well, President Obama, the ball is in your court. As you said yourself, one term or two will depend on job growth. I'm still on your side and I expect to remain there. Nothing much coming from the other side of the aisle.

Wishing you well.

Mr. President you have no credibility when it comes to unemployment predictions.

“Share the wealth” actually means bringing the top down until it meets the bottom. We will all be poor…poor but equal ….no matter how hard you work or prepared yourself.

Bush's Fault, Bush's Fault!! Who needs a job anyway, Obama will take care of us, those greedy rich people can just work a little harder so they can give more money to our needs. Those big bad evil businesses can take their jobs overseas, we don't want to work anyway, not when Obama will take care of our every need.

of course its going to rise. we have been in a freefall since last august!!!!! this is going to be close to impossible to stop. hopefully the spending obama has been doing will have some sort of impact, but we wont know for a little while.

"How employment numbers are going to respond is not YEAR clear," Obama told reporters

should be

"How employment numbers are going to respond is not YET clear," Obama told reporters

I agree with you that " We can't repeat that approach". Now, if you would focus attention on keeping and retaining jobs in the USA as hard as you focus on Healthcare reform, and bailing out the big banks, insurance and auto companies, maybe you can turn this huge job loss around.

In my opinion, if you can dictate executive salaries to the bailout receipents, why are you not demanding that American companies quit outsourcing andbring the jobs back home. I understand that the world is now a global economy, however charity begins at home. BRING OUR JOBS BACK!!!! Yes, the jobs that you said we don't want. WE WANT THEM BACK!!!

Or was all your campagin promises just words? Step up to the plate, face Congress and Senate down and do your job.

And to all the Democrats out there that will post thinking I am a Republican. I am not!! I voted for Obama and am still waiting for change.

And what are your plans to correct this Mr. President? Another "economic stimulus"? Wait just a second, you're already talking about that.
The first one isn't working, why would another one that would just further increase our national debt and kill our already crippled economy?

Here's a math problem: If we take a trillion dollars and divide it among every single person that's over 18. How much would each one get?

How can anyone (either party) trust this liar?

WAIT A MINUTE...it was Obama himself that said, "if we didn't pass this stimulus bill, we could see unemployment raise to 8.3% by June".

He is a liar, a flat out LIAR.

My unemployment runs out in less than a month, and I have been out of work for 7 months with no sign of even getting an interview anytime soon.

If the free market system (as touted by the GOP) will self-heal the job market, then where are the jobs?

I've been toally ripped off. I worked hard, saved, and played by the rules. Now banks are scavenging what I have left in savings and calling it "fees", my mortgage is about ready to fall in default for a second time, and a law firm is threatening a lein against my condo because I have fallen behind on HOA fee payments. The vultures are still at and still getting bailouts for failure. Where is my bailout?

I know my condition pales in comparison to people that have children to feed as well, but I see no hope at all as long as I can't get work to feed myself.

At this current rate, I will be living out of my car vy 2010.

Yea, because you, Obama, are the one that is causing it! You people that are still blaming Bush, you need to wake up because once a person takes over a job, it is his or her responsibility then. No matter how many mistakes were made, you can't keep blaming it on the person that left. Bush mave have left a mess but he took it over from Clinton and that is when things really started going down hill..... But none of it has been as bad as what Obama is doing to this nation. He needs to be impeached NOW and that is a scary thing for me to say because if he is then Biden will be the president and that would be even worse. GOD, please help the USA!!!!!!!

Most economists agreed that Obama’s trillion dollar stimulus spending spree was the wrong way to stimulate the economy. Now the facts prove that it isn’t working.

Instead he should have cut Corporate and individual tax rates at all income levels. Taxpayers keeping more of their own money would have spread it around the economy quicker and helped to get things moving.

Now with cap and trade coming you can expect jobless rates to continue.
And here I was thinking he is the messiah, he knows everything!!!. Bringing the country to it's knees

Wow, stop the presses. No kidding, geez he is a Harvard grad.

Well, at least Goldman Sachs is doing OK. It was looking a little scary for them for a while there. I'm very relieved that they're out of the woods. Now they can take that profit and invest it in creating jobs in the good old US of A! I can't wait! Have a nice day!

Mr. Obama, you are a FOOL........people wake up!

The unexpected and continuing increase in the unemployment rate, despite spending $787 billion, is all part of the Great Leader's secret plan. Please, Great Leader, seize my 401(k) account! I'm sure you can put it to better use than can I. Oh, and it's all Bush's fault.

Riddle me this: How can you tell when Obama is reaching into your wallet?

When his lips are moving.

When Obamas' policies backfire with a no go...he goes negative telling us that he is doing all wrong and thats why the unemployment will rise and rise until spendulus money is all gone and nothing to show for it.....

uh. Yea right.

And we should believe what this person (BO) is now saying???? He has a history of telling untruths and then blaming the mishap on others. This is the way a typical untrained child reacts to those with more intelligence. It is stated that BO is intelligent . . . maybe this is accurate, but I know he does not have much common sense. Wake up BO clan and start accepting responsibility for your bad mistakes.

Slooooooooowly but oh so slooooooooowly your story is changing Mr President

To me! My way of thinking, you choose a learner when things are in control. But to Elect this Guy, when the whole world is compeating for every dime. Was stupid.

You sure walked into one hell of a mess and without congressional
help from the republican and the nay sayers on the right alone with
the republican in democratic clothing ie blue dogs. You sure want have any help fixing it. They want you to fail and go out of their way to
show it every day.

Yes, Unemployment is going to Rise.

All Manufacturing Jobs are Gone, because we don't Manufacture anything here, Everything is Made in China.

Can't wait for government run health care. They've done such a great job with this stimulus.

this is not the change we ask for ,, cap and trade will even make things that much worse ,,,,,are u better off now or last year is the question ?

Really??? tell us something we don't know!!!! Explain to me ina civil manner when people are going to realize that he has gone back on so many of his campaign promises.... How many more czars are there going to be?? when will he stop campaigning and resolve one issue!!! seriously I just want to know how he can stand up with his teleprompter and continue to lie to the American people... Please don't come back with how he inherited this all, that is overused, I so regret voting for him!!!

Sort of makes mockery of his claim the stimulus would "save" jobs....

I thought the blind spending was going to fix this? I am a Dem, but how I regret my vote for Obama. Never again will I be sucked in by a smooth talking newbie.... I apologize to my fellow citizens of rwhat we have provided as the "Change"

The excuses are flying!! What happened to unemployment not exceeding 8%? The pork filled stimulus bill had to be rushed through, this is the worst economy since the depression!! Biden claims they underestimated the economy!! Looks like the sucker punched voters over estimated Obama/Bidens ability to run the country too!! 2010 to undo the damage this "change" is causing.

Yeah, now he expects unemployment to rise, now that he's conned Congress and the American public into giving him a trillion bucks worth of porkulus.

This guy would be a fabulous used-car salesman–he'd sell you a lemon at a cream-puff price and laugh all the way to the bank.

Yeah, nice job. Did anyone actually believe that a lawyer/community organizer could actually have a good plan to create jobs? Clearly, running a trillion dollar budget deficit isn't the magic bullet. Maybe we should confiscate more companies, destroy the health care industry and make energy production more expensive. That sounds like the recipe for success!

hmmm...wasn't the stimulus package supposed to create jobs? Weren't we told the stimulus package was going to prevent the unemployment rate from going above 8% nationally? When can we say that the stimulus package is NOT working without being labeled as a bigot or racist?

Of course it will. Because Congress is dragging its feet in releasing the Stimulus money. They need to knock it off.

The harm to our economy by the Bush/Cheney Administration will be felt for years to come. With only 15% of the stimulous used, we still have a chance to pull out of this. Republican policies and Ideals haven't worked and will never work. Obama is our only hope by his Honest and intelligent cabinet. Please everyone have patience and we will climb out of this together.

Here's a clue, Barack: Overregulating industries and over taxing small business owners is not a way to create jobs, unless you're trying to increase employment numbers in China.

Just need one more job loss... YOUR'S....

The elections in 2010 and 2012 will depend on how quickly the unemployment situation improves.

We are rapidly approaching the number of jobs lost that President Obama said he would save or create.

In other words Obama has no idea what is going to happen today or any other day. Remenber folks the democrats have controlled congress for the last three years , hope is not a plan.

That way if they don't rise, he can say it is because of the stimulus and when they do he can blame Bush and STILL say the stimulus is working.

You and your geniuses/liars got the first stimulus passed by saying INCORRECTLY that if we get it shoved down our throats the unemployment rate will not rise past 8 percent, oopsy Barry?

That's what happens when you elect a short time Senator who gutlessly voted present in the few instances he was doing his job, NEVER ran a business, a CITY or a STATE (at least Palin had) so he knows nothing about budgets or running anything but his mouth.

What is crashing faster, his binkprompter, our economy or his poll numbers?

All three at the same rate.

Four and the door Barry.

Where are the millions of jobs Obama promised to create? Spending almost a trillion dollars didn't seem to stimulate the economy, but anyone with half a brain could have told them that before they starting throwing our money away on all their pork projects, but hey, that's the Democratic way! Tax and Spend, Tax and spend is not the solution to the bad economy. It's called private sector jobs, both big and small business and Obama better wake up and understand that his policies will chase more businesses out of this country.

The President said "We can't repeat that approach" yet he doesn't indicate to us what if any approach he does plan on taking to stop the unemployment rate from ticker upward on a weekly basis.

Idea! Give businesses incentives to make jobs here in America. Instead of listening to Rangel and others talk about taxing the wealthy (who create the jobs we do have) for health care, find ways to pay for it without taxing the very people who will provide jobs for the middle class.

So I guess the stimulus did no good and the economy is recovering on it own and all of that money he sent to the unions and ACORN didn't help like the republicans said it wouldn't. It was just a payoff for allowing them to steal votes for him dummies.

A few days ago he said the stimulus is doing exactly what was expected. So did he expect unemployment to rise when he said it would not go over 9%? Or is he just another politician?
Is he a liar too as was Bush, or are we going to say he didn't have the appropriate information to determine? Much like the intell Bush got.
Liar or misinformed?

Hey, thanks for that, guy! What was it, something like $96,000 per job created in the stimulus? For crying out loud, it would've done more good to just give that money to the taxpayers. I know I don't make that much in a year.

Nothing new here. He stated as much in his inauguration speech: things will get worse before they get better; and I'm going to make mistakes. the stimulus packages given to the states have been met, by some states, with premeditated politcally-induced stall tactics (see Gov. Sanford S.C.). I have a sense that these monies could've been put to better use in order to jumpstart state economies, versus, say, putting up mile markers in the state of MA.

Be that as it may, it's all politics, except for those who are truly suffering. We are trying to dig ourselves out of a chasm, and I stand by a President that is doing any and everything to dig us ALL out, versus one who would be primarily feeding big business and PACS at the expense of the average American.

Mistakes will be made, no doubt, but our President will ultimately prevail. And in so doing we will ALL benefit.

This is nothing more, nothing less, than "covering his butt".

Great genius. Wasn't it this goof that said if we don,t pass the 787b stimous that unemplyment would hit 8 percent???
Zero confidence in this man and his admin, zero... Better wake up people and quit buying into the bs

Quick!!!!

Pass Porkulus 2 – the states are going to have to balance their FY 2011 budgets!!!

And then tell us how having the states use this money to cover their shortfalls "stimulates" the economy.

Hey, let's tax some more and spend some more. That'll fix it!

Just wondering if there is any relation to the cap and trade...as my understanding is..this is about bids...and those who loose on the bid are out of buisness....more info please.

now that's change we can believe in!!!

happy now all you obamabots?

Obama, please be a cheer leader

we have economists to tell us things are bad, we need a cheer leader

And why not? This is one of his desires in establishment of his socialism programs.

Wait a minute, I thought Congress HAD to pass his stimulus bill to stop unemployment from rising? Now he's gonna take a problem that HE and HIS FELLOW DEMOCRAT CONGRESS-DORKS created and fueled, and try to blame the Bush administration.

If this was a Republican president the media would be all over this, bashing him left and right. Although, if this was a Republican president this wouldn't be happening because a Republican president would know what to do to get America back on track.

But he promised if the stimulus/spending bill was passed unemployment wouldn't go over 8%!!! Clueless Community organizer doesn't know what he is doing!! The blame it on Bush grace period has ended and it is Obamas policies that are destroying this country and he owns this economy. To all you broken records about the terrible last 8 years, get a grip, the economy was booming to 2006, when the Democrats took over congress and Barney Frank and company refused to stop the disaster Fannie Mae and Freddie Mac policies, which were started under Clinton policies. They believed every american was entitled to own a home. Too bad they didn't realize someone had to pay for it..................Obama to the rescue!!

Knowing that the transition period following the close of disastrous Bush Regime would be difficult for any new administration, I planned ahead and am glad that I did. But then again, a President McCain would have given everyone a free textbook along with a gas tax break and the economic crisis would be solved by now a la Grahamanian economic theory put into practice – which was never actually explained.

What we need is to "Buy American". That will keep us working. They should have made the "Cash for Clunkers" for new AMERICAN cars only, then our auto industry has more of an edge on the foreign competition. Lets focus on America people!!! Promote nationalism, we do not not need a globalized system. Thats what is hurting us.

Does that include a presidential job opening?

Even with the stimulus bill passed, anyone with half a brain knew unemployment was going to rise substantially. But I don't blame this on the current administration. This crisis was years in the making and I don't see how we'll be out of in just 6 months as some on the right expect. 2009 is the year for us to clean up our act. 2010 is when the recovery will begin.

Maybe its time to divert some stimulus to infrastructure.. such as roads, schools, trains and ENERGY.. Id like to get somthing back...

Well yea he expects it, since he is the cause of some of it, he won't meddle in foreign affairs, but he will sure meddle in free trade,which is the fire that fuels this country and creates jobs. But as long as the UAW has jobs he does not care about anyone else. I will never buy another obama motors product.Could'nt run a lemonade stand.

HOPE =
Higher Deficits
HIgher Taxes
Higher Unemployment
Bigger Government
Weaker Defense

If this is CHANGE, you can keep it.

Enjoying that "Hope" and "Change" yet?

Obummer Lied, the Economy Died.

Obummer has his PORKULUS stimulus bill didn't create the jobs he promised. Oh, now we're hearing the infarmous "BUT THE JOBS IT SAVED" bs line.

HOPE =
Higher Deficit

Please Barrak....don't spend any more money! No more deficits! No more stimulus! No cap and trade! No healthcare reform!

FOCUS ON CUTTING SPENDING!!!!!