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Obama on unemployment rate: 'That's progress'
Associated Press ^ | March 4, 2011 | JULIE PACE

Posted on 03/04/2011 1:33:06 PM PST by Free ThinkerNY

MIAMI (AP) -- President Barack Obama says that a slight dip in the unemployment rate to 8.9 percent is a sign of continued progress but that keeping that momentum going is important to the economic recovery.

The government reported Friday that February's jobless rate had fallen to a two-year low, down from 9 percent in January.

(Excerpt) Read more at hosted.ap.org ...


TOPICS: News/Current Events
KEYWORDS: economy; obama; progress; unemployment; youlie
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1 posted on 03/04/2011 1:33:07 PM PST by Free ThinkerNY
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To: Free ThinkerNY

I’ll tell ya something else that’ll be progress, but it won’t happen until January 2013.


2 posted on 03/04/2011 1:34:18 PM PST by Steely Tom (Obama goes on long after the thrill of Obama is gone)
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To: Steely Tom

This is not a surprise. Some folks think these are doctored numbers. I don’t know but whatever the case, I knew that the President was going to use them to his advantage.


3 posted on 03/04/2011 1:36:29 PM PST by napscoordinator
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To: Free ThinkerNY

‘Tisn’t.


4 posted on 03/04/2011 1:36:56 PM PST by Paladin2
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To: Steely Tom

I’ll tell ya something else that’ll be progress, but it won’t happen until January 2013.

The unemployment rate was our fight to win the Presidency. If it lowers 2 more points it will be VERY difficult to beat this fraud.


5 posted on 03/04/2011 1:37:28 PM PST by napscoordinator
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To: napscoordinator

Obama talking with his rose-colored glasses as unemployment is twice that of President Bush.. a rate that Obama campaigned against for 2 years.


6 posted on 03/04/2011 1:38:53 PM PST by BobSimons
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To: Free ThinkerNY

7 posted on 03/04/2011 1:40:15 PM PST by AngelesCrestHighway
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To: Free ThinkerNY

How about the amount of $$ the fed gov is receiving in tax receipts these days? How’s that number looking Baraq?


8 posted on 03/04/2011 1:40:15 PM PST by nascarnation
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To: BobSimons

They took thousands and thousands off the records, because they say they were not longer looking for jobs. How they deduce this, I do not know.

Unemployment is about 17 per cent.


9 posted on 03/04/2011 1:40:15 PM PST by JaneNC (I)
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To: Free ThinkerNY
President Barack Obama says that a slight dip in the unemployment rate to 8.9 percent is a sign of continued progress
10 posted on 03/04/2011 1:40:31 PM PST by ColdOne (AZamericonnie took my tagline & won't give it back!":))
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To: Free ThinkerNY
President Barack Obama says that a slight dip in the unemployment rate to 8.9 percent is a sign of continued progress NO IT IS A CONTINUED SIGN YOU AND YOUR BUNCH LIE!
11 posted on 03/04/2011 1:41:12 PM PST by ColdOne (AZamericonnie took my tagline & won't give it back!":))
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To: Free ThinkerNY

12 posted on 03/04/2011 1:41:26 PM PST by Iron Munro ("Our country's founders cherished liberty, not democracy." -- Ron Paul)
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To: Free ThinkerNY
"Labor Force Participation: At 64.2%, it was unchanged from last month, and continues to be at a 25 year low. "

What's Zero drinking? I'd like some, but I doubt I could afford it.

13 posted on 03/04/2011 1:41:41 PM PST by Sooth2222 ("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
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To: Free ThinkerNY

14 posted on 03/04/2011 1:42:13 PM PST by AngelesCrestHighway
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To: Free ThinkerNY

No...progress would be Obama getting a job on the chain-gang...


15 posted on 03/04/2011 1:42:39 PM PST by Lucky9teen (Jobs? Nope! Economy? Nope! Disarm the U.S? Yep! Impeach the treasonous Marxist Muslim usurper bast)
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To: ColdOne
its a lie.. real unemployment. Gallup Finds U.S. Unemployment Hitting 10.3% in February
16 posted on 03/04/2011 1:43:05 PM PST by BobSimons
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To: Free ThinkerNY

So when the unemployment numbers go up it’s progress and when it goes down it’s progress?

Must be that New Math


17 posted on 03/04/2011 1:43:05 PM PST by libertarian27 (Ingsoc: Department of Life, Department of Liberty, Department of Happiness)
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To: Free ThinkerNY

Gallup says the unemployment rate is 10.3 percent. I don’t know, maybe it just me, but I tend to believe Gallup over the guvmint.


18 posted on 03/04/2011 1:43:38 PM PST by Signalman
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To: napscoordinator

a couple more points, or a couple more tens of a percent? 8.7 would still be a disaster. I see know way unemployment drops to 6.9 in the next 18 months. If it did, yes, you are right...he’d probably have a good change for 4 more years.


19 posted on 03/04/2011 1:45:28 PM PST by ilgipper
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To: Steely Tom
President Barack Obama says that a slight dip in the unemployment rate to 8.9 percent is a sign of continued progress

Progress by his numbers-cooking propagandists. Third-party estimates range from 10.3 to 12%. I bet the truth is much closer to those numbers than zer0's.

20 posted on 03/04/2011 1:46:05 PM PST by paulycy (Islamo-Marxism is Evil.)
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