WHOOPS: Obama On Unemployment At 9.6%: At Least It's Not "12 or 13 or 15" Percent

RealClearPolitics ^ | June 30, 2010 | RealClearPolitics

[i88schwartz]

President Obama told a Wisconsin town hall today that the unemployment rate is lower than it would be if the Recovery Act (the stimulus) had not passed.

Obama told the audience “unemployment's at 9.6%." That is above the 8% the administration predicted with the stimulus implemented.

“Yes, but it's not 12 or 13 or 15," Obama said defending his policy.

The economy "recovered more than people expected last year," he added.

"Things aren't as bad as they could have been, this could have been a catastrophe, in that sense it [the stimulus] worked," Obama claimed.

[AmishDude]

Ah, I thought he shaved 0.1% off.

You are thinking what I was thinking: He got some REALLY bad news about the numbers to be released Friday.

[musicman]

"You can always argue “it could have been worse.” This is child-like."

[LibLieSlayer]

obama is a liar Jim... he knows what he is doing... he is doing what his communist sharia upbringing tells him to do.

LLS

[RedMDer]

More “jobs saved or created” BS.
The “summer of recovery”.

[Argus]

“Thank you sir may I have another?!”

[griswold3]

Is this Oceania?

[Carley]

And 95% of Americans got a tax cut too but they don’t realize it. His words.

They don’t realize it because he gave it out in weekly installments rather than a lump sum with his picture on the money. His words.

IDIOT

[LibLieSlayer]

No, today Cavuto said it would go up to 9.8... someone already leaked the numbers... obama is trying to get people to perceive that it went down... notice no correction will ever be made when the true numbers are announced.

LLS

[boycott]

The stimulus just went into the pockets of his thug buddies.

[redshawk]

FUBO! Stinking D**mn MARXIST!

[claymax]

There is something that has been bugging me for the last 6-8 months. Now granted I am not an economist by any means, but I am really good at math. How is it that month after month we continually lose jobs by large numbers, but we have somehow been stuck at 9.7% unemployment. Mathematically this is not possible by any calculations. When you add a sum to an existing number, the percentage will always go up, even fractionally. I think these liberals are just liars and thieves.

[Sacajaweau]

Yeh....That moratorium sure helps!

[kabar]

9.6% is bad news. I suspect he was given the June numbers and now he is trying to make a silk purse out of a sow's ear.

[newfreep]

TOTAL unemployment in May was 22% - we may be heading toward 25%!

[GenXFreedomFighter]

Good one!

[IronJack]

I call this the "Magic Stone" argument.

Person 1: "I have a magic stone that scared off all the tigers in Nebraska."

Person 2: "There are no tigers in Nebraska."

Person 1: "See how well it works?"

[circlecity]

"You can always argue “it could have been worse.”

When that's the best argument you have to offer you've lost the debate.

[Republican Wildcat]

The economy "recovered more than people expected last year," he added.

That nominal economic improvement had been forecast before he was even elected, let alone before the so-called stimulus was ever implemented. The Census, which is what is responsible for much of the job growth, also would have taken place without the stimulus bill.

[redshawk]

>>More “jobs saved or created” BS.
The “summer of recovery”.<<

Would be great if some of the talented photoshop folks here came up with some pics based on the ‘summer of love’ and twisted them into 0Dumbos “summer of recovery”. Or, just another thought, how about the ‘summer of 42’ take-offs.

Just a thought.

[kabar]

We’ll see on Friday. Regardless of whether it is 9.8% or 9.6%, this is bad news. And the Census jobs will start disappearing this summer.