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Unemployment Declines As Sequester Takes Hold (Obama Scare Tactics Fail)
Confounded Interest ^ | 05/03/2013 | Anthony B. Sanders

Posted on 05/03/2013 10:39:28 AM PDT by whitedog57

Edited on 05/03/2013 10:42:08 AM PDT by Admin Moderator. [history]

Good News! Non-farm payrolls increase by 165,000 and the unemployment rate declined to 7.5%.

But I thought the Sequester would destroy employment? Apparently not. The Administrationís Sequester Scare tactics failed.


(Excerpt) Read more at confoundedinterest.wordpress.com ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: bonds; employment; obama; stocks
Lovely. Obama scare tactics FAILED!
1 posted on 05/03/2013 10:39:28 AM PDT by whitedog57
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To: whitedog57

Only if you change the way you calculate the numbers.


2 posted on 05/03/2013 10:40:45 AM PDT by E. Pluribus Unum (Islam is a religion of peace, and Moslems reserve the right to detonate anyone who says otherwise.)
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To: whitedog57

Instead of this sequester’s paltry 2% spending cut, let’s see a meaningful 10% cut and watch the economy boom.


3 posted on 05/03/2013 10:46:47 AM PDT by txrefugee
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To: E. Pluribus Unum

9.5 Million People Have Left the Workforce Under Obama

http://cnsnews.com/news/article/95-million-people-have-left-workforce-under-obama


4 posted on 05/03/2013 10:48:40 AM PDT by newfreep (Breitbart sent me...)
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To: whitedog57
You need to ignore the unemployment rate as it's politically manipulated.
Look instead at the Labor Force Participation Rate.

Under Obozo, it has crashed and continues crashing.


5 posted on 05/03/2013 11:00:16 AM PDT by Bon mots
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To: txrefugee

Also remember that the 2% ‘cut’ is in the rate of increase and not a real cut. DC numbers are so, so bogus.


6 posted on 05/03/2013 11:09:50 AM PDT by JPG (Stay strong.)
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To: whitedog57

Oops!


7 posted on 05/03/2013 12:34:16 PM PDT by TBP (Obama lies, Granny dies.)
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To: whitedog57

Why are you ripping of Bloomberg’s stuff and pretending it’s your own?


8 posted on 05/03/2013 1:14:04 PM PDT by humblegunner
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