Just A Reminder

...About the wonderful GOP economy, and McSame's plan for more tax cuts, more war, and more of the same.

The unemployment rate soared to a nearly five-year high in August, topping 6%, as employers trimmed jobs for the eighth straight month, according to the latest government reading Friday that came in weaker than forecasts.

The big surprise in the report was that the unemployment rate rose to 6.1%, the highest level since September 2003. That's up from the 5.7% rate in July and 4.7% a year ago. Economists surveyed by Briefing.com had forecast the rate would remain unchanged.

There was a net loss of 84,000 jobs in August, according to the Labor Department, compared to a revised reading of a 60,000 job loss in July. Economists surveyed by Briefing.com had forecast a loss of 75,000 jobs.

With the August report, the U.S. economy has now lost 605,000 jobs so far this year.

And things are only going to get worse. The McSame Economy is the Bush Economy.