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Sanders: Unemployment Not Really 5.5%

January 21, 2015

Sen. Bernie Sanders (I., Vt.) is not buying that the economy is strong.

President Obama has taken a victory lap, enjoying liberal praise for an improving economy with a dropping unemployment rate and rising stock market. Despite huge losses last November which gave Republicans control over Congress, Obama took his new emboldened attitude with him to the State of the Union address.

The morning after Obama boasted that "tonight, we turn the page," the outspokenly liberal senator said on MSNBC.

"The reality is that real unemployment, Mika, is not 5.5 percent," Sanders said. "It is 11 percent, including those people who have given up looking for work and are working part-time. Youth unemployment remains 18 percent, and it's part of a 40-year trajectory the American middle class continues to decline, and we need very bold action."