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To: neverdem
As I just mentioned, payrolls just can’t grow fast enough to erode the high unemployment rate. Consider that in March, about 216,000 nonfarm jobs were added – and that didn’t even move the needle from an 8.8% jobless rate. If the economy needs to add a million jobs a month to significantly draw down that glaring percentage that so easily fits into headlines and news teasers, Obama is in big trouble.

Logically, it’s not Obama’s fault. From December 2007 to October 2010, a total of 7.5 million jobs were lost in the U.S. The unemployment rate peaked in the summer of 2009 at about 10.6%, the highest since 1983, and the average unemployment rate across that brutal year was the highest average since 1948. That’s a heck of a deck to be playing with.

But we are a nation of fast food, short attention spans and instant gratification. Heck, four years ago the iPhone didn’t even exist! One presidential term is a lifetime to an electorate, and a lack of progress will be seen as a failure no matter how rough the situation was when the incumbent took office.

Notice he makes no mention of how Obama has been manipulating the unemployment numbers down by just subtracting jobs off the total. It would have made his point even stronger. I look forward to seeing candidates and commercials stating the "real" Obama unemployment rate.

20 posted on 04/18/2011 12:32:00 PM PDT by SW6906 (6 things you can't have too much of: sex, money, firewood, horsepower, guns and ammunition.)
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To: SW6906
Logically, it’s not Obama’s fault. From December 2007 to October 2010, a total of 7.5 million jobs were lost in the U.S.

He took office in Jan 2008.... and the Pelosi Democrats are entirely responsible for the conditions that Obama walked into.

37 posted on 04/18/2011 4:10:52 PM PDT by Teacher317 (really?)
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