AVERAGE UNEMPLOYMENT LASTS TWICE AS LONG UNDER OBAMANOMICS

Derek Thompson / The Atlantic Online:

The Scariest Unemployment Graph I've Seen Yet —

The median duration of unemployment is higher today than any time in the last 50 years.

That's an understatement.

It is more than twice as high today than any time in the last 50 years. — OK, you're saying, but what does this mean?

This is a by-product of a few things:

• the uncertainty obama's policies have created and this is retarding investment

• the impending tax/cost increases due to obama's policies, and this is retarding investment
  

• and the huge amount of change in the global economy which has wiped out many industries and made many over-40 folks with vestigial skill sets virtually unemployable.

WE CAN CHANGE THE FIRST TWO THIS NOVEMBER: VOTE GOP!

ADDENDUM:

BECAUSE UNEMPLOYMENT IS LASTING SO LONG, CONGRESS HAS EXTENDED BENEFITS - BUT NOT WITHOUT A FIGHT.

THE LEFT AND THE MFM HAVE TRIED TO PAINT THE GOP AS BEING AGAINST THE EXTENSION.

BUT THAT WASN'T THE CASE.
THIS EXPLAINS IT PERFECTLY: