Unemployment rate identical at 9.7%: "Good" under Obama, "Bad" under Reagan

A study from the Business & Media Institute: Identical Unemployment Numbers ‘Good’ News for Obama, But ‘All’ Bad under Reagan.

Unemployment under President Barack Obama is at a 26-year-high. The last time the economy had 9.7 percent or higher unemployment was under President Ronald Reagan. But despite similar periods of rising unemployment, Obama and Reagan received almost exactly opposite treatment from the network news media.

Under Obama reporters have gone to great lengths to spin rising unemployment by finding “positive trends” in the job losses, even focusing on as few as 25 jobs being “saved” by the economic stimulus package. But when Reagan was president journalists showed unemployed families living out of their cars under a bridge in Texas and quoted Democrats or union leaders’ attacks on the president’s “wicked” and “sadistic” fiscal policies.

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