Obama "encouraged" to see unemployment hit 10%

"Obama announced today that he was very encouraged to see that unemployment in the United States is crossing that critical 10% threshold. It was only a matter of time before we'd correct that 7% unemployment debacle led by the Bush administration, the President joked..."

Wait, reverse that apparently he was overly excited by 290,000 jobs being created, not the loss of more than 290,000 jobs which led to the increase to 9.9% in unemployment.

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