The unemployment rate now stands at 9.4 percent. James Pethokoukis:
Update: I think Pethokoukis is wrong based on this graph, which indicates that unemployment would peak at 8 percent. Nevertheless, the point still stands.
I would like to again note that the White House said unemployment would would peak at just below 7 percent if its stimulus plan was passed.What else are they wrong about?
Update: I think Pethokoukis is wrong based on this graph, which indicates that unemployment would peak at 8 percent. Nevertheless, the point still stands.
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