New BS BLS Report Shows Obama Costs US $20 Trillion

Townhall.com ^ | February 4, 2012 | John Ransom

[tobyhill]

When Congress passes the unemployment extension they need to make sure that they allow those who lost their benefits within the last year to reapply. If this happens then the unemployment percentage rate will skyrocket but closer to the true accounting. What would Obama say if suddenly 3 million already unemployed were just added back to the numbers?

[Kaslin]

He wouldn’t take the blame, that’s for sure

[Thom Pain]

Do people on welfare count as unemployed? I don’t believe they are and wonder what the “true” unemployment rate would be if the numbers were accurately reported and compared to historic rates before the “War on Poverty” travesty.

[PghBaldy]

There are also people who are on disability who in decades past would have been unemployed- I know people who are not really sick, but somehow get disability because of what I consider to be just attitude/emotional problems. Though to be fair, I have seen this personally over the last 20+ years. Obama is not the first to play with the numbers, but he appears to be the worst.

[SunkenCiv]

Well of course — ya can’t very well justify raising taxes unless you crater the employment picture. Thanks Kaslin.

[Cheerio]

He wouldn’t take the blame, that’s for sure

He is not to blame for anything!!! /s

I can hear the news already................

[Cheerio]

He wouldn’t take the blame, that’s for sure

He is not to blame for anything!!! /s

I can hear the news already................

[Cheerio]

He wouldn’t take the blame, that’s for sure

He is not to blame for anything!!! /s

I can hear the news already................

[COBOL2Java]

By October, there will be only 10,000 people left in the entire U.S. workforce, selling apples.

Bam! BLS will report 0% unemployment! All praise Obama!

[freemarketsfreeminds]

This we bill sent to every free market oriented media outlet I can think of. The MSM coverage is ridiculous. They know they’re not telling the full story.

[cookcounty]

MY only criticism of this report is that it ignores the fact that the population is aging and as a consequence one would expect that the percentage of the population seeking work would decline somewhat, though the drop is pretty dramatic.

[diogenes ghost]

"This we bill sent to every....."

Whaaaaaattt???

[freemarketsfreeminds]

Will be. Sorry.

[Colinsky]

I keep thinking about how scared Yossarian was about an upcoming bombing raid, and so he went to the big tactical map at three in the morning and moved the markers indicating US troop positions into the target city.

In the morning, the general saw that the city had been taken and cancelled the raid.

Maybe Obama is studying Catch 22.

[Pipe Dog]

Absolutely.

By the time November gets here we will have been witness to the greatest economic recovery in recorded history. /s

[Deo volente]

What would Obama say if suddenly 3 million already unemployed were just added back to the numbers?

"I inherited this mess from the previous administration, it was worst than we expected, and it's going to take four more years of my steady leadership to fix it."

[Kaslin]

If they have never been employed can they be counted as unemployed?

[aruanan]

If they have never been employed can they be counted as unemployed?

"Unemployed" doesn't mean "formerly employed" any more than "unmarried" means "formerly married."

[RetiredTexasVet]

If you never previously held a job (and are not eligible for unemployment) such as high school graduates who do not go to college and college graduates, you will not be counted until you get a job and lose it. Just look around and see all the high school and college graduates living at home with no job.