U.S. Unemployment Rate Jumps back Up to 7.9%; CNBC’s Rick Santelli Chants, “We are Europe” while Liberal Economists Try to Spin News as Good – Video 2/1/13

The January 2013 Jobs Report is out, and it shows the Unemployment Rate rose back to 7.9% from 7.8%. The incomparable Rick Santelli reacts in the video above to the jump in the Unemployment Rate, and the attempts by the Left-wing economists to spin it as good news. Santelli chanted several times what he said the other day – “We are Europe.”

NOTE: Remember back in October 2012, before the Election, when Santelli questioned the drop below 8% in the rate despite terrible numbers?

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