Big Labor, Big Money
Obama: Unemployment Would Be 5.6% For $800Billion – It’s 8.2%

Face it, Obama policy sucks

By Mike Thayer

In 2008, then Senator Barack Obama said he knew how to fix everything that George W. Bush supposedly broke.  He said he had all the answers, that he was going to "fundamentally transform America."

In 2009 Obama said his stimulus package would fix everything.

In 2010 he said his "Recovery Summer" plan was the fix.

in 2011, while meeting with his Jobs and Competitiveness Council in Durham, N.C., President Obama tried to make the jobless recovery into a joke by saying with a big grin, “Shovel-ready was not as — uh — shovel ready as we expected.”

At a June 2012 press conference, King Obama said, "The private sector is doing fine."

The King is either inept or a liar.  I say he's both.

When the King took office, there were 11,616,000 people out of work.  Today, there are 12,720,000 million people out of work, and that doesn't even include the number of people who have given up.  The King's court doesn't count such people anymore.

Today's job report from the Labor Department said there were just 80,000 created last month.  That's terrible.  It follows a bad month of May, when only 77,000 jobs were created.  This is the third consecutive month of weak job growth.  From April through June, the economy has produced a paltry average of just 75,000 jobs a month.

According to King Obama's own court, the recession ended 3 years ago folks.

Guess what the average unemployment rate is for 2012 - year to date?  Answer:  8.2%

In Ohio, the Campaigner in Chief fed you a half story when he said, "Businesses have created 4.4 million new jobs over the past 28 months, including 500,000 new manufacturing jobs."  

Once again the COMPLETE story is, when the King took office, there were 11,616,000 people out of work.  Today, there are 12,720,000 million people out of work, and that doesn't even include the number of people who have given up.  The King's court doesn't count such people anymore.

In related news, for the week ended June 30, another 374,000 people filed first time unemployment claims.

374,000 people filed first time unemployment claims last WEEK, and King Obama is trying to tell you 80,000 jobs created last MONTH is, "...  a step in the right direction."

 

Issue Jan-09 Now
Unemployment 7.6% 8.2%
# of people out of work 11,616,000 12,720,000
National Debt $10.6 Trillion $15.7 Trillion
Consumer Price Index (higher # is worse) 211.43 229.815
People on food stamps 31,983,716 46,326,352
Price of gas $1.84/gal $3.35/gal
U.S. trade deficit $36.9 Billion $46  Billion 
Misery index (unemployment + inflation) 7.87% 13%

We're going backwards folks, Obama policy sucks.  Period.

 

Comments

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Yes, Obama is inept. And, he is a liar. Usually however he is practiced enough to fool an awful (very awful) lot of the people all the time, and many millions most of the time. That's the bad news, and there is no good news. The other bad news is that Romney and Obama are two peas out of the same pod. As was true months ago, you can still google Open Secrets and look at "obama top donors" and "romney top donors" to see that with either Tweedledeedum selection, we get the same rigamarole. Both Obama and Romney have comparable degenerate immoral warped 'social' priorities, which likely led them to both be warped in their financial enslavement strategies for American serfdom also. America will continue its pathetic stupid decline until more citizens learn to quit being conned, stand up on their hind feet for a change, and demand true leadership with true integrity and honest brains.

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