SadistDave
Posts: 801
Joined: 3/11/2005 Status: offline
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Wait until the revisions come in before you start peeing your pants with joy over the Chosen Ones jobs reports. As I have pointed out before, they revise those numbers every month too, and they are almost always revised downward. The initial release of the jobs data is useless, except as political fodder. Septembers jobs numbers were revised downward by almost 50% from 162,000 jobs to 88,000 jobs and will, in all probability, be revised downward again next month. But hey! Lets go with HuffPo's numbers since most of the folks here only believe liberal claptrap. According to HuffPo, that revision is only down from 162K to 114k. Oh, and the jobless rate is down to 7.8%, which is the lowest it's been since January 09. September marks the first time it's been under 8% in 43 months. That would be the ENTIRE Obama presidency to date, by the way... When Oblamer was sworn in the unemployment rate was 7.8%, and he supposedly was left with the worst wreckage of an economy in human history, blah, blah, blah... Now after 4 years of his super-genius leadership, we have managed to tank even worse because of his ignorant antics and the economy has "improved" to the point where it's more or less in the same situation it was in when he took office and claimed it was the worst economy since the Great Depression... So, in 4 years he managed to inherit the worst economy ever and "improve" it to the point where its as good as the worst economy ever... Damn! Liberals are stupid! But let's look at HuffPos numbers some more because there appears to be a big problem with this jobs story. According to HuffPo, Obummers regime has added a grand total of 325,000 new jobs since January 09. That's just a little over 81,000 a year, so obviously there is something wrong with the notion that he's been creating over 100,000 jobs a month for the last 4 years. If you really want to look into the significance of that little bit of reporting, you should know that 81,000 jobs a year does not even come close to the estimated 120,000 per month needed to match the number of people entering the workforce. In fact, there are about 4 MILLION people a year born in this country, so HuffPos figure of 325,000 total jobs created in 4 years is a pretty dismal figure by any standard. -SD-
< Message edited by SadistDave -- 11/2/2012 10:06:02 AM >
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To whom it may concern: Just because someone is in a position of authority they do not get to make up their own facts. In spite of what some people here (who shall remain nameless) want to claim, someone over the age of 18 is NOT a fucking minor!
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