Skip to comments.Jobless Rate at 2012 Presidential Vote Forecast at 7.7%
Posted on 03/14/2011 2:29:02 PM PDT by fightinJAG
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Not with gas at $5/gal.
And unicorns will be flying and rainbows will produce pots of Obama’s “stash”, right?
It will be 14.7% or higher, Obotulism is cursed.
Now, y’all, c’mon. These are guvmint numbers we’re talking about and you can be sure the guvmint will have purty numbers come November 2012.
Heard this on Fox News Radio today. If it is true, there is only one question to be answered. Who will perform at O’s second innaugural? If unemployment is under 8 he’s in.
I heard them say on tv that some places in Michigan it is 20%.
And now if we can allow just enough free marketeering to get re-elected. This is going to be a close call. Hiding our real intentions is getting hard. It ain’t easy being a communist in the White House.
This what the bed-wetters and hand-wringers hope and prey. Pink pantied putzs'.
Obama and the merry Marxists will cook the numbers until they get something below 8%. Doesn’t matter what it will take, bank on the “unemployment rate” being under 8% by 2012.
And I fear that’s enough to bring the squishy middle back to Obama.
I’m in the blue part of Ohio. I have a friend, who voted Obama. I asked him over the weekend how he liked Obama now. He sort of squirmed and admitted Obama isn’t very good. Then he said... I don’t think the Reppublicans will give us anything better.
If the GOP doesn’t find someone who inspires confidence in the squishy middle, Obama gets to come back for round 2 of the destruction of America.
I’ll go ahead and predict the unemployment headlines in November 2012 will all contain the word “unexpected”.
The unemployment rate should be around 12% (or higher if you count the under-employed) but the government has done a wonderful thing, they no longer count people dropping off the unemployment roles after they have exceeded the 99 weeks of unemployment insurance. They are literally ignoring millions of people in order to get the rate down to 8.8%. It will be an interesting election, the government can say whatever they want about the unemployment rate but the true rate will kill them at the polls.
Hot Damn! Gimme 5 gallons of Both...with lead.
” Jobless Rate at 2012 Presidential Vote Forecast at 7.7% “
Gee - will it be raining that day, too??
No one thought the financial sector would collapse either, and then it happened. I don’t put much stock in those numbers, as a lot can happen in two years. Heck, a lot can happen over night, just ask the Japanese about it. We do not know what’s going to happen with their sovereign debt crisis, or how many T-bonds their insurance campanies are going to sell to pay for all that damage. Truely, what happens to them in many ways also happens to us. It’s that mutually assured economic destruction thing the world order set up to avoid war, not thinking about mass devestation from earthquakes.
In other news the Kansas City Royals are predicted to win the World Series.
In other news the Kansas City Royals are predicted to win the World Series.
They lie about everything... and there's no one to call them on it.
* Greatly improved the accuracy of the article.
What’s the old saying? “Figures don’t lie but liars can sure figure...”
Are these the same forecasters that said it would be 7.7% by LAST year?
Just one more big government lie.
I don’t think that number will be true but it doesn’t matter. There’s no way he’s going to lose the election, no way. The media will see to that. Most people are like my praents, they swallow whatever CNN tells them.
If I were Palin I’d run in 2012, call him to the carpet every step of the way, sound the warning on the economy, run a good campaign and make history as the first female nominee of either party.
Then, looking prophetic on the economy, come back and finish the job in 2016. She’ll have the added stature bonus of being “former presidential candidate” in 2016.
I think these economists forgot one variable in their calculations. That variable is Obama’s ability to single handedly put the zap on the economy.
When was it that I heard positive predictions about the unemployment rate before? Oh yes, it was what the “experts” predicted before that stupid stimulus bill.
See my posting titled “Predictions?” back in 2009 to see how all the Freepers were so much more accurate in their economic predictions.
What this gub mint tells ya about unemployment rates is B.S.
Any one believes ANYTHING this gub mint tells you anything is a fool.
10% in Memphis! Gas at the nearest cut rate station to me is $3.40. Grocery prices are up at least 15-20%, even at the Navy Commissary.
However, if we can get a strong (in more ways than one) majority in the Senate, and keep strong in the House, we will be in a better position to survive a second Maobama term, should he happen to get reelected.
They are lying about the current numbers.
Why would any of us believe any ‘projections’ or rates they publish anytime in the future?
As long as the Dems keep power in the Senate & the White House, lying about bad news will continue.
And he is in also if there is a serious natural disaster, attack on this country, or a man-made crisis that should not go to waste.
Yet, the mainstream media has virtually no credibility anymore. After the Gabrielle Gifford shooting, they broadcast 24/7 that it was the fault of right-wing extremists.
Yet, when all was said and done, virtually nobody believed it.
Do not over-estimate the power of the MSM. And be aware that, whatever power they might have, is shrinking every day.
My mother-in-law is like your parents. But that profile grows smaller every day.
LOL. That is what the MSM and the Dems want you to believe. This is defining deviancy down. First of all, the 7.7% would be considered very high unemployment unless you live in the fantasy world of Obama. And that is just the U-3 rate, not the U-6 rate, which would probably be double that.
Here are a couple of charts that should scare the hell out of peiple
Labor Force Participation Rate
“The U.S. jobless rate will be 7.7% in November 2012”
They are lying to us. Let’s look at reality vs. the bankstas and politicos lies:
Obama was elected by Libs and independents. For independents to turn on him, they would have to admit they were wrong and that they are partially responsible for this mess. If employment turns around they will have the cover that they need to vote for him again. You under estimate the power of lib media, plus Obama’s oratory, plus indees compulsion to like him. It will take a charismatic conservative with fresh ideas and that person has not made himself (or her) known yet.
Of course it will. They are democrats and they will fix the numbers, cook the books and lie over and over as they have been doing all along. The true unemployment is probably around 17-20%. They are democrats, they LIE, they cheat and they steal elections along with our money.
FUBO & FAD
I’m not seeing any new technology on the horizon to cause a spirt in hiring.
You can put lipstick on a pig, but it is still a pig. The recession that started in December 2007 has been over since June 2009. Our recovery has been the slowest in history.
They haven’t counted those that fall of the rolls for years and years. That’s nothing new.
If we can’t defeat Baraq on $4 gasoline, 10% unemployment, surging food prices, and $1.5 trillion deficts, we deserve him.
People buy food and gas every week. No matter what the MSM tells them, it’s a big @ss problem. I believe Carville’s law still applies.
“For independents to turn on him, they would have to admit they were wrong and that they are partially responsible for this mess.”
No they won’t; they’ll vote for the Repub and tell their friends they voted for Obama (independents need to make a living/buy gas & groceries like everyone else). That is why Dems fear the secret ballot.
I don’t see Obama running in the general election in 2012; the Dem donors and candidates “down the ticket” from him have too much to lose.
“When your neighbor is out of a job, it is a recession, but when you don’t have a job, it is a depression.”
That is why no amount of spinning will save the Dems; no matter how rosy a picture they paint, Americans know we’re MUCH WORSE OFF than 30 months ago.
It’s a fake number, so who give a flip what some statistician wannabe from some university.
The real rate of unemployed is easily 12% and with the underemployed thrown in, it may be around 19%.
With the price of everything going up and Obama’s abject and conscious failure to drill in the Gulf, he is going to hammered in the debates.
He is going to lose his keystone legislation “ObamaCare” and his Ox will be completely gored by the end of the year.
If he doesn’t say “I’m done” first.