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Does your love for Obama make you completely blind to his Chicago style manipulation of the UE rate?
114,000 jobs cannot POSSIBLY cause a drop from 8.2% to 7.8%. Mathematically impossible unless a HUGE number of people completely stopped looking for work and are no longer being counted.
This does not pass the smell test and I believe this manipulation will backfire on Obama when the facts come out.
Exactly- The Obamabots are looking dumber by the minute by jumping up and down on this "news"
The U-6 unemployment number, which accounts for the underemployed and those who have given up looking for jobs, held steady at 14.7 percent.
The Gallup Organization, a private polling company, not controlled by Obama has their own unemployment stats that come out every month. Their statistics are similar to offical government numbers which shows that Obama's numbers are real.
Don't forget what Obama actually DID PROMISE too......
Back in February 2009, the Obama Administration promised the American public that after their nearly trillion dollar stimulus took effect, the unemployment rate would drop down to 5.2% at the end of his first term.
Today it’s at 7.8% (if you believe that figure).
The White House's famous graph projecting with and without the stimulus:
Obama tried to convince America that they could spend their way out of recession.
The famed Rosy Scenario, coined in the early days of the Reagan White House when large tax cuts and higher defense spending were assumed to be paid for in part by strong economic growth, is a cornerstone of the Obama administration’s first multiyear budget.
After contracting at a 1.2% rate in 2009, a more modest drop than the Congressional Budget Office and Blue Chip Consensus forecasts assume, the White House sees growth domestic product growth snapping back by 3.2% next year and then 4% or higher the three years after that.
........................
The unemployment rate at the end of President Barack Obama‘s term in 2013 will be just 5.2%,according to the White House. The rate currently sits at 7.6%, and many economists expect it to climb past 9% before the recession ends. A report Thursday showing jobless claims at a 26-year high supports the more pessimistic forecasts, at least in the short run.
If Obama was working in the private sector he would have been canned a long time ago.
So we're only about 2% away from full employment. Why are people still crying for jobs bills then ?
Only bill I would personally support is infrastructre spending. Have you seen the roads, airports, sewer systems in this country? They need some help (outside of any jobs they may create).
Does your love for Obama make you completely blind to his Chicago style manipulation of the UE rate?
114,000 jobs cannot POSSIBLY cause a drop from 8.2% to 7.8%. Mathematically impossible unless a HUGE number of people completely stopped looking for work and are no longer being counted.
This does not pass the smell test and I believe this manipulation will backfire on Obama when the facts come out.
No, I don't love Obama. I'm voting third party and almost always have.
I love the country, though, and look forward to any good news about it.
Your conspiracy theories are thinly veiled attempts to turn good news into bad news because of your pure hatred for Obama.
Good luck with that.
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