Posted on 03/09/2012 5:44:29 AM PST by C19fan
Nonfarm payroll employment rose by 227,000 in February, and the unemployment rate was unchanged at 8.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in professional and businesses services, health care and social assistance, leisure and hospitality, manufacturing, and mining.
(Excerpt) Read more at bls.gov ...
The problem there is that this $4 gas right now is going to hurt 2012 Q1 & Q2 (and quite possibly push unemployment back up a tick or two), which will reveal itself right about debate time...
There are 2 million FEWER total number of jobs today than when Obama was anointed. The unemployment number will soon reach zero when every one will be discouraged and stop looking for jobs.
I am sure the smart people at FR are well aware that the 8.3% unemployment does NOT count those discouraged workers who are not looking for jobs, and those who are working part-time and those who are working in jobs below their skill level for lack of better jobs.
Add to the cities’ debt , the federal one at 17 $ trillion , exploded by democrat Obama’s 5 trillion borrowed.
Over 100 trillion in unfunded liabilities, massive state ,local and federal debt, massive consumer debt and much more.
That this society will collapse is a mathematical certaintity. Any fool can see that but the media lies and says the economy is improving: NO we are living off of and on debt.And Obama borrowing 5 trillion instead of cutting government and implementing austerity measures now ensures a collapse. Palin wanted to cut government spending and drill for oil. The liberal media called her dumb and many believed it. But she would have still won.And who is dumb now?
Obama has created millions of jobs in China.
The White House needs a new websit
www.CookTheBooks.com
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