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News Update: The Labor Department Reported Jobless Claims Fell To 473000 Last Week
January 28th, 2011 | 
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The Labor Department reported that people filing first-time claims for unemployment benefits fell 31000 to 473000 last week, which is the first decline in one month. Economists had expected initial claims to drop to 490000 last week. The four-week average of initial claims rose slightly, up 3250 to 486750.
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Which presidents had the longest unemployment benefits extension?
1 Ronald Reagan -REPUBLICAN 3.5 years of unemployment.
2 Gerald Ford -REPUBLICAN 3.2 years of unemployment.
3 George Bush2004 -REPUBLICAN 3 years of unemployment.
Yet like the hypocrites they are they call it welfare when Obama wants it to be longer than 1.9 years! Even though they where not dealing with the worst collapse since WWII. They are doing this to sabotage the recovery, to get elected in November.