Posted on 02/23/2012 3:10:54 AM PST by chessplayer
Update, 2/21/12:
January 2009: 7.8% unemployment among the 65.7% of people participating in the workforce meant 60.67% of the work force was working the day Barack Obama was inaugurated.
October 2010 - lopping 10% unemployment from the 65% participation rate leaves you 58.5% of the workforce at work on the month the unemployment rate supposedly bottomed.
January 2012 - Three years after Obama took office, with the unemployment rate right about the point where Obama said that it’d peak with Porkulus? 8.3% unemployment among a 63.7% share of the workforce still in the workforce yields58.41% of the labor force actually working.
We actually have a lower percentage of the work force actually working now than at the “low point” of the recession”, and two and a quarter points lower than when Obama took office.
"AP poll: Obama’s numbers rebounding, especially on the economy"
"Thirty percent in the poll describe the economy as “good,” a 15-point increase since December and the highest level since the AP-GfK poll first asked the question in 2009."
http://hotair.com/archives/2012/02/22/ap-poll-obamas-numbers-rebounding-especially-on-the-economy/
Not to worry, it’s always a short term and never a trend. Like having a dream, but you wake to still being a peasant. The only reason the stock market isn’t more volatile is there’s no where else for the world’s investors’ to make any money.
When bad times officially "return" to the US, it won't be Obama's fault. At least, that's what they'll tell us.
The local news had a nice short segment, a picture of gas prices taken in December 08. Buck and a half a gallon.
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