Posted on 02/03/2012 10:56:16 AM PST by Nachum
Saying the economy is “growing stronger,” President Obama issued a strong warning to Congress on Friday: “Do not slow down the recovery ... don't muck it up!" Speaking at a fire house in Arlington, Va. — hours after a jobs report showed the unemployment rate dropped from 8.5 to 8.3 percent — a fiery Obama said Washington has to do everything in its power to help the economy. He urged Congress to pass a payroll tax cut extension without drama and delay. “They just need to get it done, [it] shouldn’t be that complicated,” Obama said.
(Excerpt) Read more at thehill.com ...
The list, Ping
Let me know if you would like to be on or off the ping list
If conservatives are unable or unwilling to reply that Obama’s figures are stinking lies, and show how, what chance does any Repub have in 2012?
$114,000,000 an hour in deficit spending. Why mess with that?
Mr 0b0t0 didn't even wait for it to fail to lay blame. Everyone already KNOWS it WILL!
Keeps looking worse, every day.
Huh?
What? That a$$-hat is my home state today?
Oh well, I suppose I should have suspected as much. I've been feeling sick to my stomach all morning...
Dam, nevermind. My mind cant keep up with the spending.
In other words, don’t disclose that the numbers have been doctored, for the upcoming election.
Net 2 million jobs lost in the last 2 months,
and he’s claiming a recovery because they’ve “monkeyed” with the numbers.
(I suppose “that’s racist” - sue me)
The total picture of the raw data (not seasonally adjusted) from the Bureau of Labor Statistics paints a far gloomier picture.
For example, there were in fact, 737,000 fewer employed Americans in January than in December.
While the pool of employed/unemployed Americans (the labor force) increased 112,000, the population increased by 1,685,000, dropping the labor force participation rate to 63.4%, the lowest in 30 years.
The number of unemployed Americans actually increased from 12,692,000 in December to 13,541,000 in January, a net loss of 849,000 jobs, giving an unemployment rate of 8.8%.
The real story behind the numbers is that the labor population grew by nearly 1.7 million and nearly 1.2 million gave up looking for a job.
Check the numbers yourself. http://www.bls.gov/webapps/legacy/cpsatab1.htm
This guy is such a amateur. Too bad, we have a series of incoherent fools as our party leaders who can’t communicate worth a damn, first Bush (who I liked), then McCain, then Boehner and McConnell, not Romney.
Rick Santelli: Here’s What’s Wrong With the Jobs Number
http://video.cnbc.com/gallery/?video=3000071275
I’m just wondering how people get to “drop out” of the labor force. I mean have these folks decided to stop eating or perhaps decided to camp out in the forest and live off the land?
Presuming they still exist, I think it means they are living off any savings/retirement/insurance funds that they have - to the point they well have nothing for the real elder years. If this demographic is forced to live on SS when they actually can draw the minimum, Obumo will have succeeded in moving part of the middle class to the poor(er) entitlement class.
It's not the percentage of people who work that counts; it's the people who count that percentage.
.
“Don’t muck it up” means don’t do anything that might encourage those dropping out of the labor force( and no longer being included in the employment figures) to consider rejoining.
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