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Old 10-05-2012, 02:09 PM   #1
Caneman
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Default 7.8% Unemployment? Obo Cooks the Books

i knew it, Obama would fudge the unemployment rate before the election so that it is below 8%....

http://www.cnbc.com/id/49299718

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Old 10-05-2012, 02:18 PM   #2
nmckenzie
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Default Re: 7.8% Unemployment? Obo Cooks the Books

Quote:
Originally Posted by Caneman View Post
i knew it, Obama would fudge the unemployment rate before the election so that it is below 8%....

http://www.cnbc.com/id/49299718
Sad thing is, if you count those whose unemployment benefits have run their course, and folks who've been forced to file for SS Disability, or just plain given up - moved back in with their parents for instance, the true rate is probably in the low 20% range.
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Old 10-05-2012, 02:25 PM   #3
45silverback
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Default Re: 7.8% Unemployment? Obo Cooks the Books

I don't care if he says it's .078%. He's still a lieing communist and should not be living in this county, let alone the White House.
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Old 10-05-2012, 02:27 PM   #4
nmckenzie
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Default Re: 7.8% Unemployment? Obo Cooks the Books

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Originally Posted by 45silverback View Post
I don't care if he says it's .078%. He's still a lieing communist and should not be living in this county, let alone the White House.
+1 to that.
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Old 10-05-2012, 02:36 PM   #5
Caneman
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Default Re: 7.8% Unemployment? Obo Cooks the Books

Obama wants to be the next Pharoah, and make us all of his slaves...
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Old 10-05-2012, 03:02 PM   #6
45silverback
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Default Re: 7.8% Unemployment? Obo Cooks the Books

He want's the same thing all the Egomainacs ( Cesar, Atilla, Hitler, et.al.) wanted. Nothing less than to rule the world.
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Old 10-05-2012, 03:46 PM   #7
therewolf
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Default Re: 7.8% Unemployment? Obo Cooks the Books

He's just practicing for the reduction in his domestic budget,

when it goes from 1400 MILLION of our money a YEAR, to

(what would be the personal budget %, of whatever his salary is,

at, wait, what does he do, when he isn't president?)...
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Old 10-05-2012, 04:58 PM   #8
Blackhawk Dave
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Default Re: 7.8% Unemployment? Obo Cooks the Books

When you look inside the numbers, here's what you find. The increase in jobs was due to the counting of part-time jobs, not actual gainful employment (IT guys flipping burgers). Also, they cut the employment force again. Right now, the effective work force is 63.7%, where it was under Carter in the late 70's. The U-6 figure, which is the more accurate indicator, is still at 14.7%.

This IS NOT a recovery.
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