OBAMA'S ECONOMY-UNemployment AND UNderemployment UP, near/@ records

Discussion in 'Politics' started by (R)IGHTeous 1, Jan 6, 2011.

  1. (R)IGHTeous 1
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    (R)IGHTeous 1 GOPROUD

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    Damn news cycle. I coulda used this to further my epic pwnage of lefty sheep here last night.:lol:


    Gallup Finds Unemployment at 9.6% in December
    Underemployment rose to 19.0% in December from 17.2% at the end of November
    by Dennis Jacobe, Chief Economist

    PRINCETON, NJ -- Unemployment, as measured by Gallup without seasonal adjustment, increased to 9.6% at the end of December -- up from 9.3% in mid-December and 8.8% at the end of November.

    Meanwhile, the percentage of part-time workers who want full-time work increased to 9.4% of the workforce in December -- up from 9.2% in mid-December and 8.4% at the end of November.

    The increase in Gallup's U.S. unemployment rate and the worsening in the percentage of part-time workers wanting full-time work combined to raise underemployment to 19.0% in December from 18.5% in mid-December and 17.2% at the end of November.

    Implications

    The U.S. unemployment picture may seem unusually confusing these days. Gallup monitoring showed a sharp improvement in the jobs situation in November, particularly as companies added holiday workers. However, the government surprised Gallup and most other economic observers as it reported last month that the U.S. unemployment rate increased to 9.8% in November. It appears that the government made a larger seasonal adjustment than was generally anticipated for the month.

    Gallup Finds Unemployment at 9.6% in December

    In plain speak: THE OBAMA ADMINISTRATION LIES.
     
  2. (R)IGHTeous 1
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    (R)IGHTeous 1 GOPROUD

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    BUMP

    CRICKETS LEFTY SHEEP?

    Cmon, let's see some of that good ol deflection and flat out lyin from your all stars like Common Sense, TruthMatters, Flayo. etc.:lol:
     
  3. (R)IGHTeous 1
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    (R)IGHTeous 1 GOPROUD

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    That's EXACTLY wtf I thought. Ima cite this thread next time a sheep like CS tries to claim Obama's actually even remotely helping our economy.:lol:
     
  4. Bill O'Olberman
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    Bill O'Olberman Active Member

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    I dont really know the exact reason but Im going to give a bullshit OP(atleast his conclusions are bullshit) a bullshit response...

    Obviously, businesses are afraid of the incoming Republican majority in the House and the uncertainty their ineptitude will bring.
     
    Last edited: Jan 6, 2011
  5. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    The unemployed and under employed are courtesy of Republican Union busting, overtime rule changes and tax loop holes that encourage off and near shoring. Additionally the deregulation of the banking and financial industries led to the near collapse of the American economy. Not to mention the 40K factory closures during the Bush administration.
     
    Last edited: Jan 6, 2011
  6. (R)IGHTeous 1
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    (R)IGHTeous 1 GOPROUD

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    In other words, you BS cuz you know you can't refute the obvious, damming implications for Obama and ilk from a credible, objective source.

    Thanks, dually noted....
     
  7. (R)IGHTeous 1
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    (R)IGHTeous 1 GOPROUD

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    Typical, predictable smoke and mirror, BS deflection that I predicted.:lol::lol::lol:
     
  8. Soggy in NOLA
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    Soggy in NOLA Platinum Member

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    :lol: :lol: :lol:

    Can't decide if this one of the funniest or dumbest posts I've ever read.
     
  9. Bill O'Olberman
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    Bill O'Olberman Active Member

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    What implications? That Unemployment, Underemployment, and the number of underemployed looking for full time employment is about the same as it was before the holiday shopping season? Clearly the ecomony is not ideal but looking at these ecomonic indicators over a period of November and December 2010 may not lead to the best overall conculsions.

    Also, where is the Obama administration lying about any of this information?
     
  10. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Well that's your rote response for just about everything. If you knew had to script you'd probably save yourself some carpal tunnel.

    By the way..where's the belt?:lol:
     

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