![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEilEwOLO8Pwq5eHMEm3xTOk_Skt_MaBXW71tniH7_CrKRsVwazF3F7IPn_4RUHKC3IaNwgXObaS7WRbhAl2YnOv7CZKZpbi-ipLoMul0_rpjLPon6lnm9YKLZSpFqVGZRc7vx14RNqLpdey/s400/Unemployment+rate+Nov+2008+2010+BLS.png)
Another scary graph regarding economic performance. Even worse, I think it understates the actual unemployment. The latest economic headlines tout an unemployment rate of 9.8%.
The chart below is also pretty scary, showing the duration of unemployment compared to previous recessions.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgzKzcvI8rEOs8KGQ05GU3HIeN1Y8oWM6DksQhrUA17wBfVlqRGFSBtmyHAurEC_0O04EoEFMNVQEcvKVESVRu77wPIaGcf0y7zf3xDMr2r3oJ9HOTdJxYatIkbH_WQRV10EZ-DRrLqNotp/s400/EmploymentRecessionsAlignedNov.jpg)
Image courtesy of calculatedriskblog.com.
If there is a greater indictment of the administration's policies, I can't think of it.
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