I love that way of phrasing it. Unemployment “unexpectedly” soared.
Oh, we’re quite surprised, really, we couldn’t see that coming, oh, dear me, no… mmm… James, another martini please….
I’m sorry, how could you not see this one coming? With the U.S. unofficially in recession, with more and more jobs going overseas, with the rising cost of diesel and gasoline fuel, some change for the worse was bound to happen. The trucking industry alone has been laying off workers in drove. A buddy of mine who drives truck to support his love of being an amateur pilot recently got laid off from his employer, a Wisconsin-based firm. I don’t think he’s filed for unemployment, but that doesn’t mean others won’t.
When you talk in your acceptance speech about people who lost money on investments, yet the steadily creeping unemployment figures don’t seem to come in to your universe at all, that tells the American people you’re not on the same level, where most of us don’t worry about real estate investments in the plural. So few of us can do that, in fact, to mention such a person speaks volumes about which base you’re playing to: the haves and the have-mores.