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White House Attempts to Spin Bad Jobs Report
reddogreport.com ^ | 6-3-11 | Brian O'Connor

Posted on 06/03/2011 10:07:30 AM PDT by Justaham

Even though unemployment rose to 9.1% for the month of May, the White House wants you to believe this is good news. According to Obama economic advisor Austan Goolsbee, the country’s job situation is actually getting better.

Today’s employment report shows that private sector payrolls increased by 83,000 [54,000 net] in May and the unemployment rate ticked up to 9.1 percent.

There are always bumps on the road to recovery, but the overall trajectory of the economy has improved dramatically over the past two years.

The monthly employment and unemployment numbers are volatile and employment estimates are subject to substantial revision. Therefore, as the Administration always stresses, it is important not to read too much into any one monthly report.

(Excerpt) Read more at reddogreport.com ...


TOPICS: Business/Economy; Front Page News; Government
KEYWORDS: benbernanke; timgeithner; wallstreet
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1 posted on 06/03/2011 10:07:36 AM PDT by Justaham
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To: Justaham

They are sinking in their own crap pile......


2 posted on 06/03/2011 10:10:00 AM PDT by AngelesCrestHighway
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To: Justaham

Here’s The White House’s more detailed official spin of the jobs report.
http://www.businessinsider.com/white-house-vainly-tries-to-put-a-positive-spin-on-jobs-report-2010-6


3 posted on 06/03/2011 10:10:04 AM PDT by Justaham
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To: Justaham

“.... it is important not to read too much into any one monthly report - unless it makes us look good.”


4 posted on 06/03/2011 10:15:40 AM PDT by pieceofthepuzzle
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To: AngelesCrestHighway

Unfortunately, the rest of the country is sinking as well...


5 posted on 06/03/2011 10:17:51 AM PDT by Hoosier-Daddy ( "It does no good to be a super power if you have to worry what the neighbors think." BuffaloJack)
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To: Justaham

Ya ya, and Obama’s the best president we ever had; Bill Clinton is an honest man; Louis Farrakhan love Jews...


6 posted on 06/03/2011 10:17:51 AM PDT by ransacked
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To: Justaham

Lies, lies and more damn lies.

If a truth is ever spoken by anyone of the Obama administration, my heart will surely stop. Then, if I have any left, you may put pennies over my eyes.

I am so sick of the lies, lies and more damn lies.


7 posted on 06/03/2011 10:19:43 AM PDT by Gator113 ("GAME ON." I'll be voting for Sarah Palin, Liberty, our Constitution and American Exceptionalism.)
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To: Justaham

The economy is great.

Anyone who says otherwise is a racist. You’re not a racist are you?


8 posted on 06/03/2011 10:20:38 AM PDT by Tzimisce (Never forget that the American Revolution began when the British tried to disarm the colonists.)
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To: Justaham

Without Obama, unemployment might have reached a peak of 9% last year before recovering quickly and fully. Thanks to Stimulus, TARP, QE, QE2, Cash-for-Clunkers, and ObamaCare, we're still above that level, and this Great Recession (Great Depression 2) is being described as the new normal. How do you spin that as good news and get any intelligent person to take you seriously? It's a good thing for them that they only have to deal with journalists.

9 posted on 06/03/2011 10:23:18 AM PDT by Pollster1 (Natural born citizen of the USA, with the birth certificate to prove it)
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To: Justaham
Ms. Pelosi, is Bush still the worst jobs president since Hoover?
10 posted on 06/03/2011 10:24:35 AM PDT by HenpeckedCon (What pi$$es me off the most is that POS commie will get a State Funeral!)
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To: Justaham
Spin This:

Birth/Death Adjustment+ 206,000!

In other words +206,000 of those 54,000 jobs are virtual. or put another way -152,000 jobs created.
11 posted on 06/03/2011 10:25:31 AM PDT by algernonpj (He who pays the piper . . .)
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To: Tzimisce

The idiots on the left can call me a racist all day long....I don’t give a crap anymore.


12 posted on 06/03/2011 10:27:10 AM PDT by AngelesCrestHighway
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To: ransacked

And......Jeremiah Wright is not a “Black Racist”, and....Michelle Obama does not hate America, and....Van Jones is not a “Black Racist” and communist to boot, and....POTUS Obama is not a Muslim, etc.,etc. Every month that the economy gets worse, Obama loves it. Why? It tears down America and “all” its people!!!!


13 posted on 06/03/2011 10:27:22 AM PDT by JLAGRAYFOX
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To: Justaham
Today’s employment report shows that private sector payrolls increased by 83,000 [54,000 net] in May and the unemployment rate ticked up to 9.1 percent.

And how many high school and college seniors entered the job-search in May? 9.1% is FAR too low.
14 posted on 06/03/2011 10:27:37 AM PDT by Renderofveils (My loathings are simple: stupidity, oppression, crime, cruelty, soft music. - Nabokov)
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To: Justaham

ZERO is going to find himself plagiarizing Carter’s malaise speech real soon.


15 posted on 06/03/2011 10:31:10 AM PDT by NRA1995 ("In the [Mexican] border, we are asking, who are you?" President Calderon of Mexico)
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To: Justaham

There out there doing the “blame Bush” BS yet again!


16 posted on 06/03/2011 10:33:09 AM PDT by Road Warrior 04 (I miss President Bush greatly! Palin in 2012! 2012 - The End Of An Error! (Oathkeeper))
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To: Justaham
It's just a little pothole!


17 posted on 06/03/2011 10:34:29 AM PDT by RightGeek (FUBO and the donkey you rode in on)
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To: Justaham

That was 2010 spin


18 posted on 06/03/2011 10:35:00 AM PDT by Rusty0604
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To: Justaham

Anything this commie bunch does to destroy this country is answered with an even more ominous and destructive solution. Their useful idiots believe he is really trying hard but Bush sunk everything so badly that Obama’s solutions will just take a little longer.


19 posted on 06/03/2011 10:35:17 AM PDT by sheikdetailfeather ("Kick The Communists Out Of Your Govt. And Don't Accept Their Goodies"-Yuri Bezmenov-KGB Defector)
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To: Renderofveils; neverdem; narses; SmithL; SunkenCiv

Nah.

Graduates won’t go into the market until the June job report. (Until it is “seasonally adjusted” to may the Obama jobs report in June go up anyway.)


20 posted on 06/03/2011 10:36:12 AM PDT by Robert A. Cook, PE (I can only donate monthly, but socialists' ABBCNNBCBS continue to lie every day!)
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