CURL: Obama’s made-up jobless numbers – Washington Times


CURL: Obama's made-up jobless numbers – Washington Times.

When it comes to the unemployment rate, it’s nice to be president.

Sure, it wasn’t so nice for President Obama in October 2009, when the federal Bureau of Labor Statistics declared the rate was 10 percent. But exactly a year from Election Day 2012, the rate began a precipitous plunge, first to 8.9 percent, then the next month, to 8.7, then to 8.5. And just last week, the BLS said the rate had fallen all the way down to 8.3 percent.

If the spectacular “recovery” keeps up at the same pace, the rate will be 6.3 percent by Nov. 6. It hasn’t been that low since — well, all but four of the 96 months George W. Bush was in office. But you get the point. America is back!! Woo-hoooo!!

So, spectacular news for the president, yes? And fantastic news for America, right? Uh, yes. And absolutely no.

See, the BLS boys, no doubt at the president’s direction, are busy rewriting the rules, and they’re in uncharted, and unchecked, territory. The federal government Friday declared that the U.S. had created — not “saved,” mind you, “created” — 243,000 jobs. Amazing, right?

5 Comments (+add yours?)

  1. Carl D'Agostinoc
    Feb 07, 2012 @ 13:44:14

    Miami true unemployment around 25%

    Reply

  2. teamrns
    Feb 07, 2012 @ 16:26:13

    Here in Colorado Springs unemployment is much closer to 12% or higher. 42,000 people are out of work and there are not anywhere near 42,000 jobs to be had. My husband has been without work for 14 months. The statistics they use don’t include the people who have given up looking for work or seasonal employees who have since dropped out of the labor force from temporary Christmas employment.

    Reply

    • The Conservative Hill Billy
      Feb 07, 2012 @ 16:39:33

      If the federal government would allow for full out doemstic production of natural resources, the entire nation would be like North Dakota; 4 % unemployment. When I was a senior in high school, I was involved in a school project where we bought some penny stocks. I along, with soem fellow students, invested in a company called Altex. It was an oil exploration company. Darned if that stock did not baloon to over two dollars a share. Even our teacher bought some. I followed the stock after school, and they closed down. I am sure the government had a hand in it. I believe Colorado has oil schale underground.

      Reply

      • teamrns
        Feb 07, 2012 @ 16:54:41

        They do have much oil schale and I think there’s some drilling but not much because of the all-too-powerful environmental lobby who feels the best energy is in renewables. That may be so, but that said, development and then reliance on them is a ways away. Getting everybody on the grid for solar is something I don’t think will be as easy as Ed Begly thinks.

        I also think of that Keystone pipeline which the president pooh-poohed, cow-towing again to environmentalists. It’s my understanding that Nebraska has mega other aquifers that run through it and there has been no problem. I cried when I think of the 20 some thousand jobs that the Keystone pipeline would create that we won’t how and it’s my understanding that Canada is in negotiations with China to ships that oil to them. Grrr.

  3. Trackback: TO SIN IS HUMAN: A CASE OR TWO OR THREE OR FOUR…. IN POINT | Citizen Tom

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