{"id":6872,"date":"2010-09-03T09:47:29","date_gmt":"2010-09-03T13:47:29","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=6872"},"modified":"2010-09-03T10:42:53","modified_gmt":"2010-09-03T14:42:53","slug":"unemployment-rises-again-to-9-6","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/6872\/unemployment-rises-again-to-9-6\/","title":{"rendered":"Unemployment Rises Again to 9.6%"},"content":{"rendered":"<p>Moments ago, the Department of Labor <a href=\"http:\/\/www.foxnews.com\/politics\/2010\/09\/03\/jobless-rate-climbs-percent-private-firms-add-workers-august\/\" target=\"_blank\">reported<\/a> that the nation&#8217;s unemployment rate jumped again to 9.6%.<\/p>\n<p>As we reference in today&#8217;s\u00a0<em>Liberty Update<\/em> <a href=\"http:\/\/cfif.org\/v\/index.php\/commentary\/54-state-of-affairs\/733-comparisons-to-reagan-in-august-1982-provide-obama-little-refuge\" target=\"_blank\">commentary<\/a>, this means that unemployment has now risen from 8.2% to 9.6% since Obama signed his $1 trillion &#8220;stimulus&#8221; bill in February 2009 (with the promise that unemployment would not exceed 8% under his spending plan).\u00a0 By contrast, unemployment plummeted from 10.4% to 7.2% during the <a href=\"http:\/\/data.bls.gov\/PDQ\/servlet\/SurveyOutputServlet\" target=\"_blank\">same timespan<\/a> following the Reagan tax cuts.<\/p>\n<p>This reconfirms what works:\u00a0 more individual freedom, lower taxes, lower spending, less government.\u00a0 It also reconfirms what doesn&#8217;t work:\u00a0 more government control, higher taxes, more spending and more regulation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Moments ago, the Department of Labor reported that the nation&#8217;s unemployment rate jumped again to 9.6%. As we reference in today&#8217;s\u00a0Liberty Update commentary, this means that unemployment has now risen from 8.2% to 9.6% since Obama signed his $1 trillion &#8220;stimulus&#8221; bill in February 2009 (with the promise that unemployment would not exceed 8% under [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[19,102,24,1614,61,179,71,28,18],"class_list":["post-6872","post","type-post","status-publish","format-standard","hentry","category-posts","tag-economy","tag-free-market","tag-obama","tag-obamanomics","tag-spending","tag-stimulus","tag-taxes","tag-tea-party","tag-unemployment"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/6872","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=6872"}],"version-history":[{"count":7,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/6872\/revisions"}],"predecessor-version":[{"id":6879,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/6872\/revisions\/6879"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=6872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=6872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=6872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}