Co-director
of the U.S. Center for Economic and Policy Research says the U.S. president
Barack Obama should focus on jobs instead of deficit reduction.
In
an exclusive interview with Press TV's U.S. Desk on Monday, Dean Baker said
America's high unemployment rate should be the focus of the country's economic
policy.
According
to Baker there are close to 25 million Americans who are either unemployed,
underemployed or have given up looking for work altogether. Considering this,
Baker said the U.S. budget deficit is not a problem, today or in the years to
come.
A
Gallup poll states that U.S. unemployment continues to be seen as the most
important problem in America. Rttnews.com Somewhere
between 15 and 27 million people, depending on how you figure it, remain
unemployed. ABC The
official jobless rate in the United States is around 10 percent. Econpost
In
fact, when unemployment is measured according to the formula that was used when
President Bill Clinton took office, it is actually around 20%. Free
Republic
SB/SM/DB