President Barack Obama is considering an executive order that would make 9.1% equal to somewhere between 6.5% and 5.25%, thus dramatically reducing the nation’s unemployment rate and fueling the recovery. According to insiders, staff at the Bureau of Economic Analysis (BEA) are hard at work deciding whether the lower figure, which the President prefers, would fuel inflation.
Congressional Republicans, meanwhile, have introduced legislation which would make 9.1% equal to 13.5% clearly demonstrating that the President has worsened the terrible economy that he inherited from President George W. Bush.
Congressional Republicans are also considering making $14.294 trillion equal to $75.33 trillion, making Obama’s contribution to the national debt more than seven times greater than all prior presidents.
Both bills are expected to fail in the Senate.
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