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The Big O has now fully succeeded in normalizing 10% nominal (20% real) unemployment

Mission accomplished!

The White House said Friday it expects that unemployment will stay at or above 9% until 2012, but at the same time forecast that the economy will grow by at least 4% in 2011 and 2012.

So, "the economy" (whose economy?) is going to grow, but there will be no more jobs? That's odd. Or not.


NOTE I assume there's a panel at Netroots Nation about exactly how "progressive" Obama really is. Yes? Several?

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