“Winning the Future,” is one of the newest slogans from our campaigner in chief.  Obama whips this slogan out when he talks about increasing funding or “investing” for education.  However, it appears that the future is failing Obama.  With time technology constantly advances and evolves but it appears the future is the source Obama’s economic woes.  http://nation

The Labor Department’s monthly jobs report released today shows that unemployment increased from 8.8 percent to 9 percent in April. Back in February 2009, the Obama administration promised that the $819 billion "stimulus" spending package would keep the unemployment rate below 8 percent. The unemployment rate hit double digits in late 2009 and has hovered around 10 percent ever since.

After three months of the unemployment rate holding steady at 9.6 percent, the newest Labor Department’s jobs report reveals that the unemployment rate increased to 9.8 percent in November. The economy only added 39,000 jobs this month. The official unemployment rate does not even factor in the 1.3 million discouraged workers who have given up searching for a job. The Labor Department chart below shows the rise in the unemployment rate over the past two years:

As we’ve come to expect, yet another lackluster jobs report has been released. The highly anticipated Labor Department Jobs Report shows that only 151,000 jobs were added October. This slight increase in jobs was not enough to lower the official unemployment rate. For the third month in a row, the unemployment rate has been unchanged at 9.6 percent. Yet, this not even factor in the 1.2 million Americans who have altogether given up searching for a job.

The current economic downturn is far from over. For the past 14 consecutive months, the unemployment rate has remained above 9.5 percent. The new claims for unemployment insurance rose to a higher-than-expected 459,000 last week. 

On Friday, the Labor Department will release the last monthly jobs report before the midterm elections. Economists have already predicted that it won’t bring good news for the US economy. According to 62 economists surveyed by Bloomberg news, Unemployment climbed to 9.7 percent from 9.6 percent in August…The data may also show companies added 77,000 workers to payrolls, and total hiring stagnated.

The late Noble Prize winning economist Milton Friedman once stated:When a man spends his own money to buy something for himself, he is very careful about how much he spends and how he spends it…And when a man spends someone else's money on someone else, he doesn't care how much he spends or what he spends it on.

Remember back in June when the Obama administration promised the American people a “Recovery Summer?” Vice President Joe Biden assured us that “some time in the next couple of months we’re going to be creating between 250,000 jobs a month and 500,000 jobs a month.” To the contrary, the economy has lost 283,000 net jobs this summer

On Monday, President Obama took yet another swipe at those who oppose his government expansion policies: When it comes to just about everything we’ve done to strengthen our middle class, to rebuild our economy, almost every Republican in Congress says no…If I said the sky was blue, they say no. If I said fish live in the sea, they’d say no… Their slogan is ‘No we can’t.'

The American people were told by the Obama administration that this would be the “summer of recovery.” Joe Biden notoriously claimed that "you're going to see, come the spring, net increase in jobs every month." Thus far, the economy has lost a total of 283,000 jobs this summer alone.