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Obama: "We've created 4.2M new jobs in the past 26 months"
Fox News Channel (no link) | 5/4/12

Posted on 05/04/2012 9:42:15 AM PDT by pabianice

"... and the jobless number is down again."


TOPICS: Business/Economy; Chit/Chat; Society
KEYWORDS: obama; vanity
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FWIW. U6 is now 12.2%. When lies become accepted fact, what is the counter to them?
1 posted on 05/04/2012 9:42:16 AM PDT by pabianice
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To: pabianice
FWIW. U6 is now 12.2%. When lies become accepted fact, what is the counter to them?

Indeed. U6 is not the unemployment rate, by the way. Don't try to engage me in that specious debate. Look up the definition and acknowledge it.

2 posted on 05/04/2012 9:44:27 AM PDT by the invisib1e hand
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To: pabianice

I honestly do not think he should include recruiting numbers for Al Qaeda in that declaration...


3 posted on 05/04/2012 9:48:59 AM PDT by rjsimmon (1-20-2013 The Tree of Liberty Thirsts)
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To: pabianice

This bozo is living in a parallel universe. Just where in the hell does he get such numbers? And are any RINOs going to challenge them?


4 posted on 05/04/2012 9:50:46 AM PDT by laweeks
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To: the invisib1e hand

Where did he say U6 WAS the unemployment rate?


5 posted on 05/04/2012 9:51:03 AM PDT by Boonie
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To: pabianice

The government created NOTHING. It just created dependency. That is all it ever does.

I suspect that Obama and his funny numbers are bogus. Just like anything to come out of this fools mouth is.


6 posted on 05/04/2012 9:53:54 AM PDT by Jack Burton007 (This is Jack Burton in the Pork Chop Express, and I'm talkin' to whoever's listenin' out there.)
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To: pabianice
I happened to catch Shep Smith on FNC yesterday when he said the unemployment applications went down to 365,000 (or something like that), less than what the fed expected, and claimed that that was good news for Zero.

To me, it means 365,000 more people were now unemployed.

7 posted on 05/04/2012 9:55:22 AM PDT by jeffc (Prayer. It's freedom of speech.)
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To: All

The U.S. BLS measures six types of unemployment, U1–U6.

U6: U5 = Part-time workers who wish to work full-time, but cannot due to ECONOMIC reasons.

Source: Unemployment


8 posted on 05/04/2012 9:56:06 AM PDT by Boonie
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To: pabianice

Now, is that a net number of 40,000 jobs a week or is it versus minimum each of those weeks of 350,000 NEW unemployment claims?


9 posted on 05/04/2012 9:56:38 AM PDT by John W (Viva Cristo Rey!)
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To: All

U5+Part-time.....


10 posted on 05/04/2012 9:58:10 AM PDT by Boonie
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To: pabianice

And the actual number of unemployed persons rose by 7 million in the past 26 months.


11 posted on 05/04/2012 9:58:22 AM PDT by CharacterCounts (A vote for the lesser of two evils only insures the triumph of evil.)
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To: pabianice

Here’s a good line for Romney to use: “If we had a president who had ever learned how to read a balance sheet or an income statement, maybe we could believe his numbers. But Obama’s track record with accuracy of numbers isn’t too good.”


12 posted on 05/04/2012 9:59:37 AM PDT by Maceman
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To: pabianice

They must be counting the snow jobs.


13 posted on 05/04/2012 10:02:04 AM PDT by tacticalogic ("Oh, bother!" said Pooh, as he chambered his last round.)
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To: pabianice


"YOU LIE!!!!"

14 posted on 05/04/2012 10:04:18 AM PDT by Servant of the Cross (the Truth will set you free)
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To: pabianice

He created 4 million composite jobs


15 posted on 05/04/2012 10:05:18 AM PDT by Guyin4Os (A messianic ger-tsedek)
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To: laweeks

Just where in the hell does he get such numbers?...

He pulls them out outta his @$$hole...


16 posted on 05/04/2012 10:06:17 AM PDT by AngelesCrestHighway
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To: pabianice

...and China thanks you.


17 posted on 05/04/2012 10:06:24 AM PDT by madison10 (The tree of liberty must be refreshed from time to time with the blood of patriots & tyrants. TJ)
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To: pabianice

Simple. When people go past the 99th week of benefit, they drop off the unemployment rolls.

They don’t show on the statistics. But they still don’t have jobs.


18 posted on 05/04/2012 10:07:29 AM PDT by agere_contra
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To: the invisib1e hand

According to the BLS, it includes “Total Unemployed” (their own words). The most deceitful way to gauge unemployment(especially in a long recession) and the favorite of liberals, is to measure unemployment by how many file for unemployment benefits. On a prolonged downturn, of course that number will go down. The only honest and legitimate way to determine labor statistics is the number of the labor force each month, and how many people are actually employed in it. That number has been going down for some time.


19 posted on 05/04/2012 10:09:42 AM PDT by NotTallTex
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To: pabianice
Janet Nepolitano must have assured the obozo that her agency has completed the injecting of delusional causing drugs into the country's water supply so enough of the people will now believe his horse sh#t no matter how absurd.
20 posted on 05/04/2012 10:16:15 AM PDT by drypowder
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