Obama Claims unemployment Dropped To 7.8%

Discussion in 'Current Events' started by mudwhistle, Oct 5, 2012.

  1. mudwhistle
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    mudwhistle Diamond Member

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    To provide cover for his poor performance in the debates Obama released a jobs rate that even CNN was questioning this morning.

    Just 15 mins ago it was projected to go up because of the increase of new unemployment applications. But the rate somehow dropped below the target 8%

    We knew this would happen.
     
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    Last edited: Oct 6, 2012
  2. tjvh
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    tjvh Senior Member

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    So a bunch of stores hired some temp help for the Christmas rush and unemployment numbers are down... How wonderful.
     
  3. mudwhistle
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    mudwhistle Diamond Member

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    Most of it is still due to workers dropping out of the labor participation rate.
     
  4. Katzndogz
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    Katzndogz Diamond Member

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    When libs start questioning it, you know there's a dead fish in there someplace. Too many major companies have had massive layoffs or closed.
     
  5. mudwhistle
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    mudwhistle Diamond Member

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    We need 129,000 new jobs a month just to keep up with population growth and people entering the labor market. They claimed 114,000 new jobs were created, which was merely a projection. A projection that will most likely be downgraded later.

    The way they were able to get the drop by revising up July, and August's job numbers.

    My how convenient. September Jobs Report: Unemployment Falls - ABC News
     
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  6. Katzndogz
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    Katzndogz Diamond Member

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    How could you add only 114,000 jobs and have a drop like that? It's impossible.
     
  7. hazlnut
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    hazlnut BANNED

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    Were they 'oversampling'?

    Or did Acorn do this in the Conservatory with funding from Soros and Clooney?

    [​IMG]
     
  8. mudwhistle
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    mudwhistle Diamond Member

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    Using fuzzy math to bail the prez out of a jam isn't going to work. It looks orchestrated.
     
  9. mudwhistle
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    mudwhistle Diamond Member

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    The way they got this number is by counting part-time jobs as full time.
     
  10. Mad Scientist
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    Mad Scientist Feels Good! Gold Supporting Member Supporting Member

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    Ben Bernanke just said he's gonna' cancel QE Infinity because the Economy is improving.




    Oh wait, no he didn't.
     

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