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September 7, 2010

Smart Stimulus Will Fix Unemployment

John Nichols, The Nation

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The new unemployment figures are damned disappointing -- from a social, economic and political standpoint.

The official jobless rate rose from 9.5 percent to 9.6 percent in august. That’s a modest increase, but the trajectory is in precisely the wrong direction for a country that fears a double-dip recession – not to mention an Obama White House that fears a big dip in Democratic majorities in the House and Senate after an election that is now just two months away.

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Related Topics: economy, budget, unemployment

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