Yes he is. He's also a liar - either now or back in 2009 when he and his idiot-savant "economists" swore up and down that if we just let them blow $1 trillion on "stimulus," unemployment would be down below 7% by now.
Posted on 06/30/2010 3:57:59 PM PDT by 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.
(Excerpt) Read more at realclearpolitics.com ...
The list, ping
“How is it that month after month we continually lose jobs by large numbers, but we have somehow been stuck at 9.7% unemployment.”
Part of the answer, I think, is that, month after month, a fraction of the unemployed become “discouraged workers”, and drop off the list. Or get temporary employment for 1 day out of the month, etc.
It is as simple as lying....err, I mean, change the denominator....the denominator being the number of people in the “labor pool”.........lower that and the lower number of people “working” .........voila!.....the percentage remains the same or might be lower, depending how much you want to “lie” about the denominator!
...and I could have a sharp stick in my eye.
“Yes, but it’s not 12 or 13 or 15,”
WTF is he going to say when it’s 12 or 13 or 15!? LOL
both laughable and sad
usa is now nothing more than a socialist democracy
I just thought you could share the info, that's all.
Because if you did...Well, I would spread it like wild-fire to all my contacts in a heart-beat.
As for me, well, I suck at math; and besides that, I would not even know where to begin to find these numbers.
Thanks.
You can always argue “it could have been worse.” This is child-like.
***********************
Isn’t it great to know that national policy is now directed with magical thinking?
I think Zer0 needs to put down the bong for a while.
dont know what the rate is nationally but 12 months ago it was 13.5% in Racine, where meathead was reading his remarks today
http://www.fox11online.com/dpp/news/state_ap_madison_january_unemployment_rates_200903051309_rev1
“Yes, but it’s not 18 or 19 or 20,”
Every black politician in America should hate this man?s guts for ruining the chance of ever having another black President...
Facebook post from my most liberal (and white Hollywood comedy writer) friend, shortly after the election: “I like my coffee the same color as my presidents!”
GaGgggggggggGgg!
Nice graph. Just eyeballing it the difference between the broad measure and the standard has historically been around 4% but now it has widen to over 6%.
http://www.jsonline.com/business/97357314.html
well there ya go- Racine’s unemployment rate IS 14.2% ... wonder if jug ears knew that?
Another Biden moment... but without Biden
Because the government keeps hiring more worthless/useless idiots?
Poster in the hall at the National Portriat Gallery
Poster in the hall at the National Portrait Gallery
You are right about that.
LLS
That’s strange, how can we keep losing jobs but the unemployment rate stay the same?
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