Saturday, July 07, 2012

THE UNEMPLOYMENT NUMBERS DO NOT ADD UP

DURING THE BUSH YEARS, THEY USED TO SAY THAT WE NEEDED 250,000 NEW JOBS PER MONTH TO KEEP UP WITH POPULATION GROWTH.

NOW, THEY SAY WE NEED AT LEAST 125,000/MONTH.

OKAY; NO SURPRISE: THE LEFT ALWAYS MOVES THE GOALPOSTS WHEN IT SUITS THEIR NEEDS.

STILL: LAST MONTH WE ONLY GOT 80,000 - AND YET THE OFFICIAL UNEMPLOYMENT NUMBER HELD.

IOW: THE UNEMPLOYMENT NUMBER IS FREAKIN BS. SMOKE AND MIRRORS.

IF YOU COUNT THE FOLKS WHO HAVE TAKEN CRAPPY PART-TIME JOBS - OR A HUGE PAY CUT TO GET A CRAPPY FULL-TIME JOB, AND COUNT THE DISCOURAGED WORKERS WHO HAVE GIVEN UP, THEN THE UNDER-EMPLOYMENT NUMBER IS CLOSE TO 20%.

Update: While the unemployment rate stood still at 8.2 percent, the underemployment rate in June inched up to 14.9 percent from 14.8 percent in May — the second straight month it increased. 


BLS NUMBERS HERE.


[THAT DOESN'T INCLUDES THE FOLKS WHO DROPPED OUT OF THE WORK FORCE. THE BLS EMPLOYMENT POPULATION RATIO IS 58.5% - 5% LOWER THAN UNDER BUSH. DATA ON DISCOURAGED WORKERS HERE]

IOW: THE OBAMA ECONOMY IS FREAKIN AWFUL.

AND THERE IS NOT A SINGLE STATISTIC THAT ANYONE CAN POINT TO THAT SAYS IT'S GETTING BETTER OR EVEN GOING TO GET BETTER.

AND THERE ARE PLENTY OF POTENTIALLY HORRIBLE EVENTS LOOMING ON THE HORIZON THAT COULD MAKE THINGS EVEN WORSE - IN HEARTBEAT:

  • A WAR WITH SYRIA, 
  • A WAR WITH IRAN, 
  • THE COLLAPSE OF THE EURO, 
  • THE CRASH OF CHINA, T
  • HE COLLAPSE OF THE STUDENT LOAN BUBBLE IN THE USA, 
  • A MEGA-TERROR ATTACK AT THE OLYMPICS - 

TO NAME JUST A FEW.

THERE IS ONLY ONE PREDICTABLE EVENT ON THE HORIZON THAT'S WITHIN OUR POTENTIAL CONTROL THAT CAN POTENTIALLY CHANGE THE EQUATION AND CHANGE THINGS FOR THE BETTER:


ELECTING ROMNEY.


VOTE ACCORDINGLY.

No comments:

Post a Comment