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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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To: Justaham

Look for him to start demagoguing Grrrrrreedy Employers for sitting on all that cash instead of hiring. It’s about the only play he has left.


41 posted on 06/03/2011 2:36:11 PM PDT by Buckeye McFrog
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To: Justaham
She reported that 2.1 million jobs had been created during the past 15 months. Ironically that is after the 5.1 million jobs lost under Obama and the jackassdemocrats who were in total charge of Congress long before this recession got rolling (2007).

Take just his stimulus of 1 trillion and divide that by the actual 1.8 million jobs in the past 15 months and you get.......$555,555 per job. Great job incompetents!

42 posted on 06/03/2011 2:43:26 PM PDT by carolinacrazy (Bow to your sensei.... BOW TO YOUR SENSEI...... www.jackassdemocrats.com)
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To: andy58-in-nh
And isn’t it interesting how, since the last Birth-Death model adjustment was made in January (by which the BLS essentially admitted that 300K jobs previously assumed to have been created were in fact, illusory), the adjustment has been positive for each succeeding month of 2011?

You noticed that too! LOL
43 posted on 06/03/2011 3:21:16 PM PDT by algernonpj (He who pays the piper . . .)
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To: Justaham
>>>bumps on the road to recovery<<<

—More like a pothole on the trail to oblivion.

44 posted on 06/03/2011 3:26:23 PM PDT by Shqipo (I am the unofficial originator of the Mega-Bump! Only use judiciously.)
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To: AlphaOneAlpha
Where is that howling media that used to attack Bush and his administration day in and day out?

Are you suggesting that the media should be more critical of Zero's abject and destructive incompetence, and his reprehensible, near treasonous conduct in office?

Sheeesh....the media is so far up Obama's butt, I don't think they're even dimly aware of what he's doing to the country. As far as they're concerned, there's nothing to report.

But - Sarah Palin is making them chase her bus! That's a serious OUTRAGE!!!

45 posted on 06/03/2011 7:19:45 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: algernonpj

Wow!

Obama said at the auto presser that he’s “created over 2 million jobs” in just over a year...
Coincidentally 2 million people- statistically- left the labor force in the last year:
http://www.bls.gov/web/empsit/cpseea38.htm


46 posted on 06/03/2011 7:30:35 PM PDT by mrsmith
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To: Justaham

Just like single-entry bookkeeping - rife with opportunities for fraud. The gross number of anything doesn’t matter; what matters is the net. The Clueless Wonder could have created 1 billion jobs, but if his policies also destroyed 1.1billion other jobs, then his net effect on the economy has been negative, regardless of the gross number of jobs supposedly created.


47 posted on 06/03/2011 7:36:39 PM PDT by Oceander (The phrase "good enough for government work" is not meant as a compliment)
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To: Justaham
"There are always bumps on the road to recovery,....."

More like Commie Mommie, Community Organizer IEDs placed down the road.

48 posted on 06/04/2011 7:19:14 AM PDT by Paladin2
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To: mrsmith
Wow!

Obama said at the auto presser that he’s “created over 2 million jobs” in just over a year...
Coincidentally 2 million people- statistically- left the labor force in the last year:
http://www.bls.gov/web/empsit/cpseea38.htm


Don't you just hate it when someone pisses on you and tells you it's raining!
49 posted on 06/04/2011 10:01:23 AM PDT by algernonpj (He who pays the piper . . .)
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To: All
Oh, happy day, a-n-o-t-h-e-r good reason to vote for Ohaha. Heck, what's not to like? High unemployment, High food prices, High gas prices, High utility costs, Record home foreclosures, Bank closings, Investment losses, Stock market losses, A world-class culture in decline, overrun with terrorists and illegals, Trillions of US dollars guzzled by Mideast hellholes.... China dumping Treasuries, $14 Billion loss on auto bailouts AND billions more in foreign aid to countries holding US Treasury notes.......as Americans lose their homes and nest eggs.

Who knew Ohaha was a financial genius? And besides, Obama needs another four years so Michelle can gallivant around the globe in designer fashions, stay at luxe hotels, and eat lobster (sniffle).

DNC ALSO GLEEFUL There was happy talk at a recent DNC conclave of his supporters about why Ohaha "deserves" to be reelected, and, why it is important for the DNC to make that happen............

(Sniffle) That's so true.

=========================================

Obama’s approval ratings appear to have steadily risen the past two months (course they only polled Dems). Getting rid of putrid Rahm, stashing the execrable Gibbs and Axelrod out of sight (behind the scenes in the reelection effort) was a good thing for Ohaha. And Pelosi out of the way, no longer praising Ohaha, and his healthcare plan, is also working well.

But look closely, voters.... as 2012 looms, Ohaha's looking less human by the minute---more like a vote-crazed, wild-eyed robot, mouthing sound bites.

SEE THE SYNCHRONIZED CANDIDATE Stay tuned. From hereonin everything he says will sound like a focus group sound-bite......with pre-programmed voice inflections, and synchronized hand and head gestures.

50 posted on 06/05/2011 8:05:01 AM PDT by Liz ( A taxpayer voting for Obama is like a chicken voting for Col Sanders.)
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