All according to plan...
Misery index still goung up.
Obama’s Three Point Plan for America
1. Destroy the American economy
2. Destroy Isreal
3. Set up mid east Caliphate claiming it will lead to democracy...which it wont
He’s on track to accomplish all three while he takes a vacation every couple of weeks on our dime
Unemployment, dependency and disability are the new norm.
And the economy will never “recover” under 0bama.
In fact, it’s going down, and on purpose.
Another goal met by the president.
bush’s fault. unexpected.
bush’s fault, and unexpected.
they still got time to cook the books and besides who says he has only 8 years...it will really be somewhere between 16 and forever!
The unemployment rate is a huge lie.
When someone is unemployed for more than six months, they are no longer counted as unemployed, whether or not they actually found a job, after six months they are counted as employed. This is, after all, a simple two-state model (the two states being either employed or unemployed - there is no third state.)
With a little bit of arithmetic, you can see that there are at least 3 million fewer jobs today in America than when Obama won the election that awful October day in 2008. That despite the fact that there are an additional million souls in the labor force. Had he maintained the same labor force participation rate that Bush maintained there would be 4 million more jobs than there are today.
This despite the fact that he has spent record amounts of money on some hare-brained 'stimulus' that only stimulated the bubble on the stock market and nothing more.
150,000,000 People in labor force
* -2.5% drop in labor force participation rate
-3.75 million fewer jobs!
For those who would like to show this to someone not good with statistics, you can really simplify it as above.
The US Labor Force is composed of people of working age, 16 and over. Usually up to retirement age.
The current US Labor Force is approximately 150million people.
The Labor Force Participation Rate shows the number of people in the labor force working.
Let's assume that the labor force stays at 150 million people just to keep this model simple.
Of course, the labor force grew by a million people since Obama won in 2008.
Tell that to the libtards when they say that the economy is on the mend... why just look at the stock market...
Note that in the CBO posting he says it will take 4 years to back CLOSE to full employment.
Sounds like some lacking confidence.
Pretty easy call when nearly everything Obama does is anti business.
I thought the CBO was to be nonpartisan. This should have been released a long long time ago. What does the CBO stand for other than Covering Barack’s Orifices. Enough said!
Look at what happened pretty much the day Obama was elected.
Hurray for the CBO; only, you know, some of us saw this coming four years ago.
“Full employment?” LOL! That’s been funny for several decades under socialist politicians. We go around putting our fingers in dykes while wondering why we’re seeing a flood.
They is some smart cookies up there in Washington.
It is WAY over my head. /sarc