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Politics : Formerly About Advanced Micro Devices
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From: Brumar8912/4/2010 11:20:06 AM
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Unemployment nears 10%. Hey, let's raise taxes

Text By JAMES TARANTO

"In a surprising setback, the nation's unemployment rate climbed to 9.8 percent in November, a seven-month high, as hiring slowed across the economy," the Associated Press reports. Another surprising setback! It's almost enough to make you nostalgic for the summer of recovery.

On Capitol Hill the House, controlled by Democrats for one more month, took swift action to make the economy worse. By a vote of 234-188 yesterday, the lame lawmakers approved a "Motion to Concur in the Senate Amendment with an Amendment" to the Airport and Airway Extension Act of 2010, Part III. Believe it or not, that's Beltwayese for "tax increase."

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online.wsj.com

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Unemployment Above 9% for 19 Months, A New Record

verumserum.com
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