Posted on 10/06/2012 12:45:06 AM PDT by JohnHuang2
Magically and providentially, Obama has enjoyed the largest one-month drop in unemployment since he got elected thanks to the greatest single month of job creation since 1983- all just weeks before ballots hit for his reelection bid.
The U.S. unemployment rate dropped below 8 percent for the first time since the month President Barack Obama took office, reports the Associated Press a surprising lift for both the economy and his re-election hopes in the final weeks of the campaign.
Yeah; were all REAL surprised by this.
According to the AP, Jack Welch, the retired former CEO of General Electric, said on Twitter: "Unbelievable jobs numbers ... these Chicago guys will do anything ... can't debate so change numbers."
(Excerpt) Read more at finance.townhall.com ...
“Liberals are breathlessly stunned, aghast and dismayed that anyone would question numbers from an administration that gave us an $800 billion “stimulus” that “saved or created” jobs in districts which didn’t exist; that insists there’s no inflation; that claimed Benghazi was caused by a movie trailer about a film that didn’t exist.
As proof that no one would ever, ever cook the books at the Labor Department, the media spent all day Friday citing the words of Secretary Hilda Solis, a Democrat appointed by Obama who runs the Labor Department. That should settle the matter. “
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Great rant, JohnH.
I have been told by an economics friend that the this type of change in unemployment is only consistent if there is 4% growth or so in GDP.
Do you think that this feels like 4% growth, despite $4+ gasoline and ballooning food costs? Nope - I don’t either.
I don’t know why this is so hard to figure out. Out of the new 863,000 temporary workers, 800,000 are illegals that have been made “legal” by Obama’s disregard of American law, and 60,000 are the one his campaign pays to attend campaign events around the country and will later on vote multiple times in swing states.
The USSA is beginning to resemble the USSR in the “official stats” dept.
“GRAIN HARVEST SMASHES RECORD!”
(In the middle of a famine.)
and: 'We've always been at war with Eastasia'
you need only three
not in Sept. not even
Thank you so very much for your wonderful essays!
Your input is great as always...Welcome back!
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