Worst.
Administration.
In.
History.
Posted on 11/06/2009 5:31:56 AM PST by Red in Blue PA
Pied Piper Obama and his Marxist Stimulus leads America to destruction.
U-6 = 17.5%
http://www.bls.gov/news.release/empsit.t12.htm
That doesn’t include the -411,000 that left the civilian force since January, or the “The preliminary estimate of the benchmark revision indicates a downward adjustment to March 2009 total nonfarm employment of 824,000” per the BLS in the September report.
Why are we still bringing in 125,000 new LEGAL workers each month?
Thank you for that - the details that are typically glossed over by the srm
But everything is all right because the market keeps going up, and there is nothing fishy whatsoever about a market that continues to climb while more and more people lose their jobs.
The stock market will probably go to 12,000 today.
CNBC says it’s nothing to worry about. Average hours worked still at 33 which to them is wonderful. Unemployment at 10.2. Real Unemployment approacing 20%. Stimulus is working exactly as designed. Obama is the savior. Markets up on hope and faith that the suckers will provide enough low hanging fruit to make the next big dip a certainty.
Bush fault?
Worst.
Administration.
In.
History.
CNBC says.......
I think you’re confusing what one person (out of perhaps a dozen) said on CNBC.
I’ve been watching for the last hour
CNBC is a shill for the Obama administration. Steve Leisman has his nose so far up Obamas ass he’ll never get the stink out. And he’s their Chief Economic. There are some sane folks but the majority are Obama hope and change idiots.
They ignore it because the government obfuscates and everyone changes the way that things are counted so there is never any real comparison mark.
As long as they have Michelle CC, I’m sticking around.
I understand your pain.
Even at 10.2%, it’s understated by 5-8%. Dollars to doughnuts, 0bama comes up with a business and consumer “tax break”, but he won’t call it that.
He’s completely out of his league, over his head, and desperate. The downward spiral of 0bamanomics proceeds at, soon to be, warp speed.
I heard last night at a restaurant, it’s 19.7%. Hearsay, mind you, but I would not be surprised.
Bush fault?
Do you think Jorge Arbusto's policies of downsizing and outsourcing jobs and importing more illegal immigrants would improve the unemployment situtation?
Gee, maybe if we had more "Free Trade" agreements to make Ford go belly-up like GM and Chrysler, maybe then the stock market will go back up to 14K again, and we'd all be RICH!!!
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