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Old 09-10-2012, 09:19 AM
 
5,787 posts, read 3,967,074 times
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Full-time employment is down by over $1.4 million since Obama took office.

For every person that got a job last month at least three quit looking for work.

Tom Blumer at PJ Media reported:


The administration’s sole support for its contention that there has been meaningful job market improvement on its watch rests on one carefully chosen statistic: “The economy has now added private sector jobs for 30 straight months, for a total of 4.6 million jobs during that period.”


That claim is incorrect. It is true that the Establishment Survey at the Bureau of Labor Statistics shows that private-sector employers had 4.63 million more workers in August than they did in February 2010 after seasonal adjustments. However, the BLS’s separate Household Survey tells us that the ranks of the unincorporated self-employed, all of whom are certainly private-sector participants, shrank during that time by 440,000 to a seasonally adjusted 9.46 million, knocking down the administration’s cherry-picked number by 9.5%.

** Full-time employment only increased by 43,000 in August. It’s down (yes, down) by 902,000 since March, and by over 1.4 million since Obama took office.


** 562,000 fewer married men and 700,000 fewer married women were employed in August than were when the recession officially ended in June 2009.


** 22% of the 3.47 million private-sector jobs created since the recession’s end have been at temporary help services.


** What about what the new jobs created actually pay? The National Employment Law Project recently reported that “Lower-wage occupations were 21 percent of recession (job) losses, but 58 percent of recovery growth. Mid-wage occupations were 60 percent of recession losses, but only 22 percent of recovery growth.” The leftists at the NELP wouldn’t state the obvious, so I will: Their research proves that the Obama administration’s economic policies are gutting the middle class.
Read the rest here.

 
Old 09-10-2012, 09:22 AM
 
4,828 posts, read 6,924,631 times
Reputation: 620
Thanks for the laugh with that colorful thread title. Lol
 
Old 09-10-2012, 09:34 AM
 
23,851 posts, read 19,819,772 times
Reputation: 9383
Another factoid to go along with the OP:

Obama promised to create 1M more manufacturing jobs over the next 4 years. The problem with this contorted worldview is that the manufacturing sector is already on pace to create 890K jobs over the next 4 years by simply doing what it's doing now in the current economic climate. In other words, the President once again embellished a number that actually would likely have done so on its own whether the President was in office or not.

How's that for mental gymnastics? And his lapdog minions lap it up every single time! LOL
 
Old 09-10-2012, 09:40 AM
 
5,787 posts, read 3,967,074 times
Reputation: 849
Quote:
Originally Posted by blacknight04 View Post
Thanks for the laugh with that colorful thread title. Lol
Thanks for proving you have no rebuttal to this depressing story that illustrates what a complete failure Obama is.
 
Old 09-10-2012, 09:47 AM
 
Location: None of your business
5,467 posts, read 3,767,050 times
Reputation: 1170
Lol the left doesn't want jobs so this is good news to them.
 
Old 09-10-2012, 09:49 AM
 
Location: Texas
35,122 posts, read 19,212,969 times
Reputation: 20728
Smile Obama Depression News: Full Time Employment Is Down By Over 1.4 Million Since Obama Took Office

This makes perfect sense to the Obamaphobes who claim the September 2008 Great Recession began in January 2009.

 
Old 09-10-2012, 09:55 AM
 
5,787 posts, read 3,967,074 times
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Quote:
Originally Posted by Old Gringo View Post
This makes perfect sense to the Obamaphobes who claim the September 2008 Great Recession began in January 2009.


Too bad you FAILED.

The article in the OP even states:


Quote:
** 562,000 fewer married men and 700,000 fewer married women were employed in August than were when the recession officially ended in June 2009.


Oooops!
 
Old 09-10-2012, 12:18 PM
 
Location: The Lone Star State
8,031 posts, read 7,620,642 times
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Didn't he also promise we'd have <6% unemployment by now?

None of this seems to matter to some. They believe social issues like gay marriage and voting how the uneducated Hollywood bubble tells us to, take precedent over the economy, national security and the debt.
 
Old 09-10-2012, 12:24 PM
 
5,787 posts, read 3,967,074 times
Reputation: 849
Quote:
Originally Posted by sxrckr View Post
Didn't he also promise we'd have <6% unemployment by now?

None of this seems to matter to some. They believe social issues like gay marriage and voting how the uneducated Hollywood bubble tells us to, take precedent over the economy, national security and the debt.

Obama said that if we passed his Stimulus Plan, unemployment would be reduced to 5.2% by the end of his term.
 
Old 09-10-2012, 12:31 PM
 
Location: Norman, OK
3,479 posts, read 6,337,406 times
Reputation: 1197
Austan Goolsbee said this weekend that the 2009 forecast for UE was 8.2% by the end of 2012. I was wondering when this revision happened and why it wasn't announced to the American people.
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