Skip to comments.Obama Talks Up Rosy Jobs Numbers and ‘Economic Patriotism’
Posted on 07/03/2014 1:20:47 PM PDT by Nachum
President Obama made an unscheduled trip to a D.C.-based tech start-up to cheer about the rosy jobs numbers released this morning and promote his economic strategy. We have made enormous strides, thanks to the incredible hard work of the American people and American businesses that have been out there competing, getting smarter, getting more effective. And its making a difference all across the country, Obama told workers at 1776, which the White House describes as a global hub to help start-up companies. The government reported today that 288,000 jobs were created last month and that the unemployment rate dropped to 6.1%
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The list, Ping
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The Most Muted person in the world Campaigning Again
The Democrats two primary support groups are prospering like never before.
The Entitlement Army is bigger than ever.
The Crony Capitalists are richer than ever.
Life IS good for them.
All those part time summer jobs will end in September. Then what?
. . . that nobody built."
Justice would be for him to get tongue cancer and have his tongue fall right out of his lying mouth.
Rosy? Less full time jobs, more part time jobs, more defections from the job force. Not my definition of rosy. Lousy, perhaps. If there are more jobs, it is because more people who are working are trading one decent full-time job for two (or more) scraping-by jobs. The boy genius is so stupid that he his crowing over terrible economic news, and he thinks people are buying it.
I would be willing to bet that the increase in government jobs exceeded 13,000, meaning that we actually lost full-time private-sector jobs.
Garbage, twaddle, crap.
and 300k go on unemployment every week
If we get another quarter of negative growth we are in RECESSION.
That won't happen. They just got finished readjusting the numbers to make sure that doesn't happen. Q1 numbers were revised from -1.7% to -2.9% to cram all the loss into one quarter. Now all they need to do is show any growth at all in Q2 to claim there is no recession. Here's how it works:
Q1 | -1.7%
Q2 | -1.1%
Total | -2.8%
Two consecutive quarters of decline = Recession
Q1 | -2.9%
Q2 | +0.1%
Total | -2.8%
One quarter of decline and one quarter of growth = NO Recession
“President Obama made an unscheduled trip to a D.C.-based tech start-up to cheer about the rosy jobs numbers released this morning and promote his economic strategy”
Death knell to that company. 6 years and Obama hasn’t supported a successful company.
Dow jumped 17,000 today. Watch it tank in response next week.
And that’s if the world plays nice between now and Monday.
The DOW has as much a chance of tanking as does the price of beef.
HE LIES! AS USUAL.
About Fast and Furious..HE LIES!
About his Birth Cert .HE LIES!
About Solindra...HE LIES!
About the IRS... HE LIES!
About Bengazi...HE LIES!
About the VA... HE LIES!
About domestic spying...HE LIES!
About Global Warming HE LIES!
About Healthcare HE LIES!
About Illegal Immigration HE LIES!
About gun control HE LIES!
About the EPA HE LIES!
About Bowe Bergadahl HE LIES!
About anything About everything...HE LIES
Why do yoo say dat?
Up is down, down is up, left is right, right is left...welcome to Soviet-style propaganda. Some of us ain’t buyin’. To the gulags with us!
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