Posted on 02/21/2012 10:48:38 AM PST by gabriellah
A few weeks ago, the Bureau of Labor Statistics released the new job numbers. They reported nonfarm payrolls rose 243,000 in January, a stronger showing than previous months. In response, President Obama stated, The economy is growing stronger and the recovery is speeding up. Sadly, such a statement defies economic reality. The economy isnt speeding up when it grew at a pathetic pace of 1.7% in 2011. This is the slowest recovery to any recession since the Great Depression. It is true that the unemployment rate dropped from 8.5% to 8.3%. However, the unemployment rate doesnt tell the whole story. Instead, it covers up the real devastation of the job market.
(Excerpt) Read more at thecollegeconservative.com ...
NO. It is NOT TRUE. The real unemployment is over 20%. I am serious.
The Obamanites are hoping that cooking the books (and the stats) will save the day.
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