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Don’t Believe Those Lying Job Numbers
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Jul 24, 2014 08:47:14   #
mwdegutis Loc: Illinois
 
July 24, 2014 by Chip Wood

The Bureau of Labor Statistics reported that the United States gained 288,000 jobs in June, and Barack Obama couldn’t have been happier.

“Make no mistake,” he gloated. “We are headed in the right direction.”

What a crock! A closer look at the numbers proves that instead of the economy getting better, it is a disaster for people who lack a job and want one.

First, about those so-called job gains: It turns out the economy actually lost 523,000 full-time jobs last month. That’s an absolute tragedy! The only way the Obama Administration could claim any gains was because of an increase of 811,000 part-time jobs. And this is the “victory” that Obama wants to celebrate?

There are two reasons why employers are offering more than three times as many part-time jobs today as full-time ones. The first is because of Obamacare. The Affordable Care Act mandates that anyone working 30 hours a week or more must be provided with company-paid-for health insurance. More and more employers are hiring part-time workers to keep from falling under that legislation’s dictates.

The second reason for a decline in full-time jobs is nerves. Or maybe I should say a total lack of confidence that the Obama Administration will adopt policies that will help this economy get growing again. Of course, taxes are too high; but Obama wants to make them even higher. Of course, regulations are too onerous; yet the Obama Administration keeps adding more and more.

Under the circumstances, if you were the CEO of a company, would you tell your shareholders that this is the time to invest, expand and take on more risk? I very much doubt it.

Faced with all of this, how is that, then, that the unemployment numbers continue to decline? Let’s assume for a moment that they’re not being fudged (which many of us are convinced they are) and that unemployment, at least the way the government calculates it, did decline to 6.1 percent last month. Is this any reason to cheer?

Not on your life! The fact of the matter is that the number declined because 2.4 million Americans have become so discouraged they’ve stopped even bothering to look for a job. They’re no longer counted as part of the workforce.

Heck, the way the unemployment numbers are calculated, the best thing that could happen in this country would be for every unemployed person to stop looking for a job. If that were to happen, the unemployment rate would be ZERO. Just imagine how excited Obama would be to trumpet that news!

The grim reality is that the proportion of adult Americans in the workforce has fallen to 62.8 percent. That’s the lowest it’s been in the past 36 years. According to the Bureau of Labor Statistics, nearly 91 million Americans over the age of 16 don’t hold any sort of job today, full time or part time. That’s the highest that number has ever been. It means there are nearly 10 million fewer jobs in America today than there were when Obama first became President.

What we’re seeing is the weakest post-recession recovery in the Nation’s history. The employment numbers won’t get much better until one more person joins the unemployment line — and that’s the guy presently occupying the White House.

| Reply
Jul 24, 2014 09:06:21   #
Ricktloml
 
mwdegutis wrote:
July 24, 2014 by Chip Wood

The Bureau of Labor Statistics reported that the United States gained 288,000 jobs in June, and Barack Obama couldn’t have been happier.

“Make no mistake,” he gloated. “We are headed in the right direction.”

What a crock! A closer look at the numbers proves that instead of the economy getting better, it is a disaster for people who lack a job and want one.

First, about those so-called job gains: It turns out the economy actually lost 523,000 full-time jobs last month. That’s an absolute tragedy! The only way the Obama Administration could claim any gains was because of an increase of 811,000 part-time jobs. And this is the “victory” that Obama wants to celebrate?

There are two reasons why employers are offering more than three times as many part-time jobs today as full-time ones. The first is because of Obamacare. The Affordable Care Act mandates that anyone working 30 hours a week or more must be provided with company-paid-for health insurance. More and more employers are hiring part-time workers to keep from falling under that legislation’s dictates.

The second reason for a decline in full-time jobs is nerves. Or maybe I should say a total lack of confidence that the Obama Administration will adopt policies that will help this economy get growing again. Of course, taxes are too high; but Obama wants to make them even higher. Of course, regulations are too onerous; yet the Obama Administration keeps adding more and more.

Under the circumstances, if you were the CEO of a company, would you tell your shareholders that this is the time to invest, expand and take on more risk? I very much doubt it.

Faced with all of this, how is that, then, that the unemployment numbers continue to decline? Let’s assume for a moment that they’re not being fudged (which many of us are convinced they are) and that unemployment, at least the way the government calculates it, did decline to 6.1 percent last month. Is this any reason to cheer?

Not on your life! The fact of the matter is that the number declined because 2.4 million Americans have become so discouraged they’ve stopped even bothering to look for a job. They’re no longer counted as part of the workforce.

Heck, the way the unemployment numbers are calculated, the best thing that could happen in this country would be for every unemployed person to stop looking for a job. If that were to happen, the unemployment rate would be ZERO. Just imagine how excited Obama would be to trumpet that news!

The grim reality is that the proportion of adult Americans in the workforce has fallen to 62.8 percent. That’s the lowest it’s been in the past 36 years. According to the Bureau of Labor Statistics, nearly 91 million Americans over the age of 16 don’t hold any sort of job today, full time or part time. That’s the highest that number has ever been. It means there are nearly 10 million fewer jobs in America today than there were when Obama first became President.

What we’re seeing is the weakest post-recession recovery in the Nation’s history. The employment numbers won’t get much better until one more person joins the unemployment line — and that’s the guy presently occupying the White House.
i July 24, 2014 by Chip Wood /i br br The Burea... (show quote)


Every word of your post is true, not only that but the jobs numbers have been revised downward most every time. The Obama administration, and the collaborative media always tout the U-3 number, the one that Obama changed how the numbers were calculated, but the number that includes those millions no longer collecting benefits, is the U-6 number and that one is 13+ as the unemployment rate. Everything about this administration is a lie.

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Jul 24, 2014 09:13:09   #
Airforceone
 
mwdegutis wrote:
July 24, 2014 by Chip Wood

The Bureau of Labor Statistics reported that the United States gained 288,000 jobs in June, and Barack Obama couldn’t have been happier.

“Make no mistake,” he gloated. “We are headed in the right direction.”

What a crock! A closer look at the numbers proves that instead of the economy getting better, it is a disaster for people who lack a job and want one.

First, about those so-called job gains: It turns out the economy actually lost 523,000 full-time jobs last month. That’s an absolute tragedy! The only way the Obama Administration could claim any gains was because of an increase of 811,000 part-time jobs. And this is the “victory” that Obama wants to celebrate?

There are two reasons why employers are offering more than three times as many part-time jobs today as full-time ones. The first is because of Obamacare. The Affordable Care Act mandates that anyone working 30 hours a week or more must be provided with company-paid-for health insurance. More and more employers are hiring part-time workers to keep from falling under that legislation’s dictates.

The second reason for a decline in full-time jobs is nerves. Or maybe I should say a total lack of confidence that the Obama Administration will adopt policies that will help this economy get growing again. Of course, taxes are too high; but Obama wants to make them even higher. Of course, regulations are too onerous; yet the Obama Administration keeps adding more and more.

Under the circumstances, if you were the CEO of a company, would you tell your shareholders that this is the time to invest, expand and take on more risk? I very much doubt it.

Faced with all of this, how is that, then, that the unemployment numbers continue to decline? Let’s assume for a moment that they’re not being fudged (which many of us are convinced they are) and that unemployment, at least the way the government calculates it, did decline to 6.1 percent last month. Is this any reason to cheer?

Not on your life! The fact of the matter is that the number declined because 2.4 million Americans have become so discouraged they’ve stopped even bothering to look for a job. They’re no longer counted as part of the workforce.

Heck, the way the unemployment numbers are calculated, the best thing that could happen in this country would be for every unemployed person to stop looking for a job. If that were to happen, the unemployment rate would be ZERO. Just imagine how excited Obama would be to trumpet that news!

The grim reality is that the proportion of adult Americans in the workforce has fallen to 62.8 percent. That’s the lowest it’s been in the past 36 years. According to the Bureau of Labor Statistics, nearly 91 million Americans over the age of 16 don’t hold any sort of job today, full time or part time. That’s the highest that number has ever been. It means there are nearly 10 million fewer jobs in America today than there were when Obama first became President.

What we’re seeing is the weakest post-recession recovery in the Nation’s history. The employment numbers won’t get much better until one more person joins the unemployment line — and that’s the guy presently occupying the White House.
i July 24, 2014 by Chip Wood /i br br The Burea... (show quote)


Lets say this is true but it's not it a bunch of bull shit because all major companies and corporation's in the country are doing great . Have you looked at the stock market lately you moron. I have made back everything I lost up your Bushy deregulation policy plus another 38% under Obama.

So why is it that the jackass TP politicians just block any kind of jobs bills or anything that would help real American people. You have to be pretty stupid to believe that crap

| Reply
Jul 24, 2014 09:25:51   #
Liberty Tree
 
mwdegutis wrote:
July 24, 2014 by Chip Wood

The Bureau of Labor Statistics reported that the United States gained 288,000 jobs in June, and Barack Obama couldn’t have been happier.

“Make no mistake,” he gloated. “We are headed in the right direction.”

What a crock! A closer look at the numbers proves that instead of the economy getting better, it is a disaster for people who lack a job and want one.

First, about those so-called job gains: It turns out the economy actually lost 523,000 full-time jobs last month. That’s an absolute tragedy! The only way the Obama Administration could claim any gains was because of an increase of 811,000 part-time jobs. And this is the “victory” that Obama wants to celebrate?

There are two reasons why employers are offering more than three times as many part-time jobs today as full-time ones. The first is because of Obamacare. The Affordable Care Act mandates that anyone working 30 hours a week or more must be provided with company-paid-for health insurance. More and more employers are hiring part-time workers to keep from falling under that legislation’s dictates.

The second reason for a decline in full-time jobs is nerves. Or maybe I should say a total lack of confidence that the Obama Administration will adopt policies that will help this economy get growing again. Of course, taxes are too high; but Obama wants to make them even higher. Of course, regulations are too onerous; yet the Obama Administration keeps adding more and more.

Under the circumstances, if you were the CEO of a company, would you tell your shareholders that this is the time to invest, expand and take on more risk? I very much doubt it.

Faced with all of this, how is that, then, that the unemployment numbers continue to decline? Let’s assume for a moment that they’re not being fudged (which many of us are convinced they are) and that unemployment, at least the way the government calculates it, did decline to 6.1 percent last month. Is this any reason to cheer?

Not on your life! The fact of the matter is that the number declined because 2.4 million Americans have become so discouraged they’ve stopped even bothering to look for a job. They’re no longer counted as part of the workforce.

Heck, the way the unemployment numbers are calculated, the best thing that could happen in this country would be for every unemployed person to stop looking for a job. If that were to happen, the unemployment rate would be ZERO. Just imagine how excited Obama would be to trumpet that news!

The grim reality is that the proportion of adult Americans in the workforce has fallen to 62.8 percent. That’s the lowest it’s been in the past 36 years. According to the Bureau of Labor Statistics, nearly 91 million Americans over the age of 16 don’t hold any sort of job today, full time or part time. That’s the highest that number has ever been. It means there are nearly 10 million fewer jobs in America today than there were when Obama first became President.

What we’re seeing is the weakest post-recession recovery in the Nation’s history. The employment numbers won’t get much better until one more person joins the unemployment line — and that’s the guy presently occupying the White House.
i July 24, 2014 by Chip Wood /i br br The Burea... (show quote)


Let's look at it this way. If 523,00 full time jobs are lost then 1,046,000 part time jobs are needed to keep even, If only 811,000 part time jobs are "created" then that amounts to a net loss. Your post is dead on but do not think the Obama worshippers will admit the truth.

| Reply
Jul 24, 2014 10:17:18   #
Augustus Greatorex Loc: NE
 
tdsrnest wrote:
Lets say this is true but it's not it a bunch of bull shit because all major companies and corporation's in the country are doing great . Have you looked at the stock market lately you moron. I have made back everything I lost up your Bushy deregulation policy plus another 38% under Obama.

So why is it that the jackass TP politicians just block any kind of jobs bills or anything that would help real American people. You have to be pretty stupid to believe that crap


So you are part of the 1% of Americans, who have money laying around to invest in the stock market?

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Jul 24, 2014 10:28:41   #
Liberty Tree
 
Augustus Greatorex wrote:
So you are part of the 1% of Americans, who have money laying around to invest in the stock market?


He has been trying to sell this story for ages just to prop up Obama. Don't believe it.

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Jul 24, 2014 11:36:14   #
imbobbyc Loc: Montana
 
tdsrnest wrote:
Lets say this is true but it's not it a bunch of bull shit because all major companies and corporation's in the country are doing great . Have you looked at the stock market lately you moron. I have made back everything I lost up your Bushy deregulation policy plus another 38% under Obama.

So why is it that the jackass TP politicians just block any kind of jobs bills or anything that would help real American people. You have to be pretty stupid to believe that crap


Same spin different day

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Jul 24, 2014 20:29:25   #
Airforceone
 
imbobbyc wrote:
Same spin different day


So who's job numbers do we look at Fox News. Come on wake up it's not spin. What we get from the right wing pro panda sites now that's spin

| Reply
Jul 24, 2014 20:38:25   #
Airforceone
 
Liberty Tree wrote:
Let's look at it this way. If 523,00 full time jobs are lost then 1,046,000 part time jobs are needed to keep even, If only 811,000 part time jobs are "created" then that amounts to a net loss. Your post is dead on but do not think the Obama worshippers will admit the truth.


So who's job numbers do we look at Fox News that's where you get yours. I think the bureau of labor stats is better qualified. But I am not TP and get all my news from Fox

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Jul 24, 2014 20:41:40   #
Liberty Tree
 
tdsrnest wrote:
So who's job numbers do we look at Fox News that's where you get yours. I think the bureau of labor stats is better qualified. But I am not TP and get all my news from Fox


I just look at the real numbers unlike you who just drinks the Obama koolade and believes whatever any ELWNJ tells you.

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Jul 24, 2014 21:19:13   #
mwdegutis Loc: Illinois
 
tdsrnest wrote:
So who's job numbers do we look at Fox News. Come on wake up it's not spin. What we get from the right wing pro panda sites now that's spin


And you pride yourself on research? It's straight from the US government, specifically the US Bureau of Labor Statistics, a supposedly "accurate" source of information...and if that's true, it's not any spin.

| Reply
Jul 24, 2014 21:54:10   #
Ricktloml
 
tdsrnest wrote:
Lets say this is true but it's not it a bunch of bull shit because all major companies and corporation's in the country are doing great . Have you looked at the stock market lately you moron. I have made back everything I lost up your Bushy deregulation policy plus another 38% under Obama.

So why is it that the jackass TP politicians just block any kind of jobs bills or anything that would help real American people. You have to be pretty stupid to believe that crap


Quantitative easing has been incredibly good for those with stocks and other forms of financial investment.All that liquidity has juiced the financial markets and the extremely wealthy have been loving it. Don't be surprised if we get more of what we've gotten the last five years- the 1% and wall street prospering, while the 99% and main street languished. Under Obama stocks have soared, but a shrinking job market keeps lowering the labor force participation and the median income of the middle class, which has gone down 5 years in a row.
None of this is surprising when you consider Obama received $15,798,904 from the securities and investment industries.

| Reply
Jul 24, 2014 22:29:09   #
Liberty Tree
 
Ricktloml wrote:
Quantitative easing has been incredibly good for those with stocks and other forms of financial investment.All that liquidity has juiced the financial markets and the extremely wealthy have been loving it. Don't be surprised if we get more of what we've gotten the last five years- the 1% and wall street prospering, while the 99% and main street languished. Under Obama stocks have soared, but a shrinking job market keeps lowering the labor force participation and the median income of the middle class, which has gone down 5 years in a row.
None of this is surprising when you consider Obama received $15,798,904 from the securities and investment industries.
Quantitative easing has been incredibly good for t... (show quote)


At some point the Federal Reserve will stop pumping money and the market will take a huge down turn

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Jul 25, 2014 09:25:04   #
Patrick Henry Loc: Iowa
 
You, Sir need to get your facts straight: Harry Reid has blocked EVERY republican and bi-partisan "jobs bill" from the House. Obama is worse than bad - he is evil personified.

| Reply
Jul 25, 2014 12:42:06   #
vernon
 
tdsrnest wrote:
So who's job numbers do we look at Fox News that's where you get yours. I think the bureau of labor stats is better qualified. But I am not TP and get all my news from Fox



you dont get news anywhere but from msnbc or the dem talking points and either one proves your stupid.

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