And that`s you massage BLS data to get it down to 7% or so by election day and be able to claim your promise came true about the 3/4 Trillion dollar “stimulus” working.
” Nearly 1 Million Workers Vanished Under Obama “
Must mean Moochelle — some of ‘em would be bound to stick out under Barry....
They crossed the border to Mexico. I hear the country is emptying out faster each day moving north, and there is plenty of room, lots of shanty towns, donkey poop, and dope field a growing.
With the advent of photo ID requirements in many states I imagine one million of his supporters will disappear, too.
Either we are in deep doodoo because people are dying off and our population is decreasing or we are in deep doodoo because our economy is shrinking.
Which one will look better for 0bama's campaign?
I would say more than a million have just gave up on the job market, I have seen a flood of new good, bad and ugly talents such as new writers hitting the markets, I see more and more home invasions, I see many communities seeing so many more yard sales that they are now being targeted for taxation.
many people are becoming scavengers, especially in copper.
Millions did indeed disappear from the normal workforce, but they still have to eat and support themselves in some fashion, be it by hook, crook or with ingenuity.
And many millions do NOT want Obamacare taking most of their wages away, so they are off the books.
FUBO
The jobless claims jumped “unexpectedly”...
My kids and I, none of who are paid economists, all predicted this to happen after Christmas. Which makes us smarter than the combined staff of the NY Slimes and other lib propagandists.
A LOT of folks have joined the underground economy.
Some semi-legal (barter, working off the books, whatever), some totally illegal (drugs, moonshine).
We’re looking more like a third world country all the time.
Did the BLS have a case of amnesia and couldn’t remember where the MILLION workers were hiding?
CROATOAN
OK that’s it.
Whenever AP or Rooters says “unexpectedly” or “unprecedented” with regards to worsening unemployment or the economy; I’m having a drink.
So either the economy gets better or my liver gives out.
Someone needs to calculate how many more need to be chased out of the work force to save Obama’s job, as that’s the only way he’ll ever get the ‘unemployment’ rate low enough to have a chance. Such a calculation would be much more accurate than the “jobs saved’ calculations Obama has touted.
There might be a simple explanation for this - the bulge of baby boomers leaving the workforce for retirement is greater than the number of those entering the workforce who were born 18-22 years ago.
I don’t know if the numbers would bear this out, but that is a possibility.