Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: justlurking
120,000 jobs are created, yet the workforce shrinks by 315,000 as more people continue to give up looking for work. That equals a net DECREASE of 195,000 jobs, which means the unemployment rate goes up, by any rational accounting.

They're playing with numbers and lying to us once again. The goal is to bring the unemployment numbers down while pumping the stock market, in order to get the socialist-in-chief reelected.

Additionally, Obama will take credit for the payroll tax cut and remind voters he's putting more money in their wallets every week. If the tax cut extension fails, he will go full bore on the attack and blame the GOP for “ruining” the economic “recovery”. The sheeple will lap it up and run to their savior Barack.

114 posted on 12/02/2011 8:33:11 AM PST by Deo volente (God willing, America will survive this Obamination.)
[ Post Reply | Private Reply | To 23 | View Replies ]


To: Deo volente
"Additionally, Obama will take credit for the payroll tax cut and remind voters he's putting more money in their wallets every week.

I wonder how Obama is going to manage delay of the release of the SSA Trustee's report (it was in August this year), which will undoubtedly show that the reduced revenues from the payroll tax have significantly moved up the date by which the SSA "Trust Fund" runs out of money.

Of course, the fix is in - of the 6 member board, 3 are from Obama's cabinet (Geithner, Solis and Sebelius). Since the Commissioner is Astrue (who Obama reportedly asked to resign, but refused), the President has apparently not appointed anyone for the 2 "Public Trustees" positions, so he can control the board with only his private lapdogs. I guess the risk that 2 public trustees might join with Astrue to tell the public the truth is too great to chance.

125 posted on 12/02/2011 10:04:50 AM PST by In Maryland ("If stupidity got us into this mess, why can't it get us out?" - Mark Twain)
[ Post Reply | Private Reply | To 114 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson