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Old 07-05-2013, 07:52 PM  
HonestChieffan HonestChieffan is online now
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The real Happy 4th. Eat it Direck.

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It’s to be expected. Every month the White House claims that the economy is improving despite evidence to the contrary. On Friday,Alan Kreuger, chairman of President Obama’s Council of Economic Advisers, said, “In the four years since the recession ended in June 2009, the economy has added 5.3 million jobs, thanks to the resilience of the American people and policies like the Recovery Act, which helped bring the recession to an end and put us on the path to recovery.”

That rosy outlook disregards the numbers behind the jobs report. While the media reports that 195,000 jobs were added in June and that is better than expected, they neglect to mention that if the economy added 195,000 jobs a month consistently, it would not return to pre-recession employment levels until 2021, according to a nifty interactive chart developed by the Brookings Institute.

Furthermore, the rest of the jobs report is even worse. The reported unemployment rate remained unchanged at 7.6 percent despite the increase in jobs, but the real unemployment rate, the U-6 rate (which is the total unemployed, including all part-time workers) jumped from 13.8 percent in may to 14.3 percent in June. The unemployment rate looks worse when broken down into demographics:
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Old 07-05-2013, 07:59 PM   #2
Count Zarth Count Zarth is online now
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Originally Posted by Direckshun View Post
I'd prefer a third term of him versus a first term of just about any Republican you can name, sure.
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Old 07-05-2013, 08:56 PM   #3
CrazyPhuD CrazyPhuD is offline
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Well the current administration also said this about John Kerry's activities during the Egypt crisis yesterday...

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A CBS News reporter tweeted Wednesday that Kerry was seen on his yacht, but the State Department responded, "Any report or tweet that he was on a boat is completely inaccurate."
Then pictures came out showing him on his yacht and kayak...... Honesty is not something that's natural to this administration(Granted the same could be said of many if not most administrations).

People **** up that's life....but don't bald face lie about it.....
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