NEW YORK (CNNMoney.com) -- The White House said Friday it expects that unemployment will stay at or above 9% until 2012, but at the same time forecast that the economy will grow by at least 4% in 2011 and 2012.
When the administration had the stimulus passed, the economic emergency which prompted it was projected to have unemployment peak at 9% and fall to just about 7% by the end of 2011. Without the stimulus.
This is so goddamn depressing, though Van Jones said I should clap louder.