Yep!
Analysis: 10 percent jobless is Obama's new world
By JIM KUHNHENN, Associated Press Writer Jim Kuhnhenn, Associated Press Writer – 2 hrs 26 mins ago
WASHINGTON – For months he had warned it was coming but that didn't ease the political shockwaves for President Barack Obama when unemployment topped 10 percent.
At 10.2 percent, the October unemployment climbed to chart-topping heights unseen in more than a quarter century. The bottom line is that more than 15 million Americans are out of work and 3.5 million lost their jobs while Obama was president. Expected or not, this is Obama's new reality.
"I won't let up until the Americans who want to find work can find work, and until all Americans can earn enough to raise their families and keep their businesses open," the president declared Friday.
That's a hopeful promise but not very realistic.
And it shows that, for the time being, action to tackle record budget deficits will simply have to wait.
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http://news.yahoo.com/s/ap/us_obama_jobs_analysis