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WHOOPS: Obama On Unemployment At 9.6%: At Least It's Not "12 or 13 or 15" Percent
RealClearPolitics ^ | June 30, 2010 | RealClearPolitics

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 ...


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: barackobama; recovery; unemployment
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To: Maverick68
You post: “Every black politician in America should hate this man’s guts for ruining the chance of ever having another black President...”

I'm praying THIS black man wins his congressional race and gets into the pipeline, I'd vote for him six ways to Sunday.

revolution

http://www.youtube.com/watch?v=VP2p91dvm6M

red eye
http://www.youtube.com/watch?v=FG2jQITs1pI

CPAC prt 2
http://www.youtube.com/watch?v=MOMTN2EOMtI

answering a Marine

http://www.youtube.com/watch?v=TkGQmCZjJ0k

about the enemy/ Afghanistan
http://www.youtube.com/watch?v=xhOzIQ1-CmQ&feature=related

SARAH endorses WEST - scroll down

http://sarahpalininternetcoalitionblogger.blogspot.com/2010/03/sarah-palin-endorses-lt-col-allen-west.html

radio interview in Israel -

He understands who we - and the rest of the civilized world we’ re fighting
http://thesilentmajority.wordpress.com/2009/12/11/audio-colonel-west-discusses-obamas-failed-middle-east-policy-on-the-tovia-singer-show/

about obama; “I can't stand the guy. I absolutely can't stand him.”
http://www.youtube.com/watch?v=Nmn0mFV7xFs&feature=player_embedded

on Israel - He knows the Constitution AND the Bible...

http://www.youtube.com/watch?v=tMp60uHAnfA&feature=related

81 posted on 06/30/2010 6:07:55 PM PDT by maine-iac7
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To: claymax

Part of the problem is because the “existing base” of employment is not constant, but varies by season.

For example, in the summer, students work (and are so counted), but in the winter, they’re in school, and so are not counted. Lots of seasonal variety - fishing, outdoor guides, campground workers, etc. - so the only accurate way to compare is with a similar time in years past.


82 posted on 06/30/2010 6:59:47 PM PDT by canuck_conservative
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To: musicman

ROTFLMAO!


83 posted on 06/30/2010 7:23:57 PM PDT by Huskrrrr
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To: i88schwartz

I have 30 months left in office.
At least it's not 40, 46, or even 55.


84 posted on 06/30/2010 7:43:13 PM PDT by vamoose
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To: redshawk

Good point, I will look up the numbers now. The only thing I can tell you for sources is the news. Every month and every quarter statistics are put out and I hear we lost x amount of jobs...again. But I did find this and I am currently on this website to weed out the exact numbers.

http://www.bls.gov/cps/


85 posted on 06/30/2010 8:01:47 PM PDT by claymax ("Man is not free unless Government is limited" Ronald Reagan)
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To: silverleaf; nhwingut; TigerLikesRooster

Obama Offers Hope to Racine (Obama brags how low unemployment is with city of 14% unemployment)
http://www.freerepublic.com/focus/f-news/2544936/posts

If that’s the same town, Silverleaf, you nailed it.


86 posted on 07/01/2010 4:32:59 AM PDT by Arthur Wildfire! March (Senator Byrd [D] was a racist terrorist, and the hypocrite left revered him to the end.)
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To: 2ndDivisionVet
"Actually, the U6 rate is about 17% IIRC, Mr. Obama. Soon enoough the U3 will catch up, IMO."

Yes and if you go by the standards of Unemployment reporting from the 30's and 40's (actually counting ALL the people out of work...) we are at depression level unemployment right now!

87 posted on 07/01/2010 4:36:10 AM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the next one...)
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To: calex59

‘That’s strange, how can we keep losing jobs but the unemployment rate stay the same?’

The official name for this ‘unemployment rate’ the percentage who are unemployed and actively looking for work. If they have gotten a part time job, or who have at least temporarily stopped actively looking for work they aren’t counted as unemployed in this statistic.


88 posted on 07/01/2010 4:50:36 AM PDT by Lucius Cornelius Sulla (Good night. I expect more respect tomorrow - Danny H (RIP))
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To: All

The first black President’s last name should have been “Williams” or “Sowell”, then we wouldn’t be in this financial mess...but now I’m only dreaming....


89 posted on 07/01/2010 6:30:53 AM PDT by Maverick68
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To: claymax
Thanks for the link. However, do you trust a government 0Dumbo run web site? Anyhow, I will root through this site to see what I can see. Thanks

Keep up the good work and keep us posted on your finds. We must find a way to take back our country before 0Dumbo makes it obsolete.

Red.

90 posted on 07/01/2010 4:07:30 PM PDT by redshawk (0Dumbo, I've got a finger for ya.....Just like you have for America. FUBO.)
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