Obama's October surprise !!!!

[Chiefshrink]

7.8% unemployment rate

No wonder he doesn't have to do well in these debates

[HonestChieffan]

Its all about the spin....the spin didnt get off the ground on this report. There is no way you can polish this turd and not have it look like a shiny turd.

President Obama and his allies are celebrating finally getting the unemployment rate down below the 8-percent level that, 44 months ago, they said it would never exceed if Obama’s $831,000,000,000 “stimulus” were to be passed (see Figure 1). But the celebration is rather premature — for the latest figures from the administration’s own Bureau of Labor Statistics (BLS) show that a lower percentage of Americans are employed now than at any point during the recession.


The latest BLS figures show that only 58.7 percent of Americans over the age of 16 are employed. This marks the 37th straight month under Obama that fewer than 59.0 percent of Americans have been employed. To put that into perspective, the lowest percentage of Americans who were employed during the Bush-Obama recession was 59.4 percent. The lowest percentage of Americans who were employment during the 20 years before Obama took office was 61.0 percent. In other words, the worst month in the two decades before Obama was 2.3 points better than where we’re at now.

Only in Obama’s world of lowered expectations could 58.7-percent employment be viewed as cause for celebration.

http://www.weeklystandard.com/blogs/...on_653770.html

[stonedstooge]

Originally Posted by HonestChieffan

Its all about the spin....the spin didnt get off the ground on this report. There is no way you can polish this turd and not have it look like a shiny turd.

President Obama and his allies are celebrating finally getting the unemployment rate down below the 8-percent level that, 44 months ago, they said it would never exceed if Obama’s $831,000,000,000 “stimulus” were to be passed (see Figure 1). But the celebration is rather premature — for the latest figures from the administration’s own Bureau of Labor Statistics (BLS) show that a lower percentage of Americans are employed now than at any point during the recession.


The latest BLS figures show that only 58.7 percent of Americans over the age of 16 are employed. This marks the 37th straight month under Obama that fewer than 59.0 percent of Americans have been employed. To put that into perspective, the lowest percentage of Americans who were employed during the Bush-Obama recession was 59.4 percent. The lowest percentage of Americans who were employment during the 20 years before Obama took office was 61.0 percent. In other words, the worst month in the two decades before Obama was 2.3 points better than where we’re at now.

Only in Obama’s world of lowered expectations could 58.7-percent employment be viewed as cause for celebration.

http://www.weeklystandard.com/blogs/...on_653770.html

FORWARD!!!!!!!

[philfree]

Let's look at this through the eyes of Tiger Woods. Well have to move the decimal point to the right one digit so that 8.2 = 82 and 7.8 = 78.

So if Tiger shoots a 82 he breaks several clubs and misses the cut. It sucks! Now let's say the next week Tiger improves and shoots a 78. He probably doesn't break as many clubs but he still misses the cut because 78 sucks.

So while unemployment "may" have improved it took way to long to do so and it's still at a level that sucks. It don't make the cut.

Reminds me of my highschool golf coach. One guy would come in off the course and the coach would ask him "how'd you play?" The guy said "80!" Coach said "That sucks!". The next player would come in and the coach would ask him "What'd you shoot?" This guy says "79!" Coachs says "That's great!"

[Pawnmower]

Originally Posted by HonestChieffan

But the celebration is rather premature — for the latest figures from the administration’s own Bureau of Labor Statistics (B.S.) show that a lower percentage of Americans are employed now than at any point during the recession.

FYP

[Comrade Crapski]

Why, it's the biggest single month jump in hiring in twenty nine years! Hope and change, at last, hope and change at last!!!!

[patteeu]

I don't even know why we care about this jobs report. Even if you take it as good news, and I'm no sure whether it is or isn't, it's way too little, way too late. Surely there isn't a single person who watched the debate with an open mind who will take this minor drop in the unemployment rate as convincing evidence that the empty suit who has been telling us about recovery summer for three straight years is the guy best suited to lead us to better economic times.

[Psyko Tek]

Originally Posted by Chiefshrink

Hey what does OMarxist's birth certificate and the unemployment rate have in common ?????

both as a problem are a tea bagger fantasy?

[Comrade Crapski]

Originally Posted by patteeu

I don't even know why we care about this jobs report. Even if you take it as good news, and I'm no sure whether it is or isn't, it's way too little, way too late. Surely there isn't a single person who watched the debate with an open mind who will take this minor drop in the unemployment rate as convincing evidence that the empty suit who has been telling us about recovery summer for three straight years is the guy best suited to lead us to better economic times.

Only in the age of Hopey Change would 7.8% unemployment be heralded as good news.

[Calcountry]

Originally Posted by redsurfer11

Over 1.5 Million new unemployment claims last month. 113,000 new jobs added to private sector last month. 7.8% unemployment. As Obuma would say "It's Arithmetic"

Just ask Bill Clinton.