This is known as the BIG LIE.
“There are 261,000 fewer employees on payrolls today than when Obama took office. But at the same point of the Bush administration, the jobs deficit stood at 856,000 jobs, according to current estimates of the same period.”
Note how Isadork dishonestly compares apples and oranges: the collapsing workforce under Obama, with something he calls “the jobs deficit” under Bush. What is the “jobs deficit” under Obama? 11 million?
Facts are simple and facts are straight
Facts are lazy and facts are late
Facts all come with points of view
Facts don’t do what I want them to
Facts just twist the truth around
Facts are living turned inside out
Facts are getting the best of them
Facts are nothing on the face of things
Facts don’t stain the furniture
Facts go out and slam the door
Facts are written all over your face
Facts continue to change their shape
- Talking Heads
By comparison, the unemployment rate today is only slightly higher than the 7.8% rate on the day Obama was sworn in, and slightly better than the 8.3% reading a few weeks later.
Completely leaving out the dramatic drop in the labor force participation rate - with those people included the unemployment rate has steadily climbed under Obama's tenure from 7.8% to 11.2%. That is not a good record.
The author of this piece actually wants us to believe that more and more people getting so discouraged they have simply given up looking for work bringing down the unemployment rate is a sign of economic recovery. The labor force participation rate is at a 30 year low - devastating.
The charts in replies 32 and 47 completely denigrate this article’s false headline. Those charts are devastating for nobama and need to be widely disseminated. nobama has NO defense for the truth spoken by those charts.
That fall off the cliff starting in 2009 is truly breathtaking.
The key words???
“According to CURRENT ESTIMATES of the same period”.
How come there aren’t actual figures recorded somewhere?
We are only comparing figures that are about 4 years apart—not 104 years apart.
no need to create jobs when unemployment stays below 5%which is equivalent to full employment. It is properly said that there are always 5% unable or unwilling to work.