Congressman: Michigan could hit 20% jobless thanks to Obama
Michigan's unemployment rate could hit as high as 20 percent with the Obama administrationto blame, one Michigan congressman warned Friday.
Rep. Thaddeus McCotter (R-Mich.) said that Michigan's unemployment — already the highest in the country at 14.1 percent — could go even higher as General Motors and Chrysler continue to shed jobs after their government-financed bankruptcies.
'Sadly, we've seen estimates, because of the radical restructuring that the auto task force demanded, that this year, Michigan wind up over 20 percent unemployment,' McCotter said during an appearance on a conservative news radio program.
The Wolverine State hasn't yet exceeded its previous record for unemployment in modern history, when it reached 16.9 percent in November of 1982."
Michigan's unemployment rate could hit as high as 20 percent with the Obama administrationto blame, one Michigan congressman warned Friday.
Rep. Thaddeus McCotter (R-Mich.) said that Michigan's unemployment — already the highest in the country at 14.1 percent — could go even higher as General Motors and Chrysler continue to shed jobs after their government-financed bankruptcies.
'Sadly, we've seen estimates, because of the radical restructuring that the auto task force demanded, that this year, Michigan wind up over 20 percent unemployment,' McCotter said during an appearance on a conservative news radio program.
The Wolverine State hasn't yet exceeded its previous record for unemployment in modern history, when it reached 16.9 percent in November of 1982."
And the response from our democrat leaders is more automatic raises for state employees, more annual step-ups in pay for state employees, bigger retirement benefits for state employees, MORE state employees.
And more taxing and regulation for those few foolish businesses left in Michigan.
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