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Politics : Right Wing Extremist Thread -- Ignore unavailable to you. Want to Upgrade?

To: calgal who wrote (57345)	10/5/2009 10:11:57 PM
From: Hope Praytochange	Read Replies (2) \| Respond to of 59480

The really bad news for Democrats isn't that the unemployment rate hit 9.8% last week. The really bad news for the party in power is that the last time unemployment reached that level, it was there or higher for exactly one year. That was between July 1982 and June 1983. If you are thinking of this precedent in political terms, it is important to note that smack in the middle of that dreary stretch, the party then in control -- the Republicans -- lost 26 House seats in the 1982 midterm elections.Today's downturn is even harsher, and there is some evidence that the American job-creating machine doesn't work quite as well now as it did then, even in good times. So Democrats have every reason to worry that the job picture could remain bad right up until the November 2010 midterm elections -- and every reason to look for ways to avert that unsettling prospect.