The Shrinky Dink President. unemployment

Discussion in 'Politics' started by Lumpy 1, May 12, 2012.

  1. Lumpy 1
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    Lumpy 1 Diamond Member Supporting Member

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    Reality bites for Obamanomics ... just sayin

    ------------------------:eek:


    If the same percentage of adults were in the workforce today as when Barack Obama took office, the unemployment rate would be 11.1 percent. If the percentage was where it was when George W. Bush took office, the unemployment rate would be 13.1 percent.

    That helps explain a seeming contradiction in the unemployment numbers — the rate keeps dropping even though job creation has been soft.

    In April, the U.S. economy added a mere 115,000 jobs, according to Bureau of Labor Statistics data released Friday. In a normal month, that would not even be enough to keep up with new entrants into the labor market. But in this economy, it was enough to drive unemployment from 8.2 percent down to 8.1 percent, the lowest point since January 2009.

    The explanation is a little-watched measure known as the “labor force participation rate.” That tracks the number of working-age Americans who are holding a job or looking for one. Between March and April, it dropped by 342,000. But because the official unemployment rate counts only those workers who are actively seeking work, that actually made the unemployment rate go down.

    Critics of the Obama administration have been quick to seize on this as the real reason for the falling unemployment rate. In February, the Republican National Committee released a research note on “The Missing Worker,” arguing that “over 3 million unemployed workers have called it quits due to Obamanomics.”

    Jobs report shows effects of the incredible shrinking U.S. labor force - The Washington Post
     
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  2. RightWingFerret
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    RightWingFerret BANNED

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    Over the last 3.5 years, Obama has shown no cocnern for the suffering average american. he never sent any of them a check for 15/20K in their time of need,,,,,the hell with the puny 200.00 a week unemployment check,,,with trillions he has pissed off,,,he could of easily sent a check for at least 15K to all americans who made under 50K a year,,,,,instead,,,,where did the money go? anyone know?
     
  3. naturegirl
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    naturegirl Silver Member

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    Solyndra and all the other green companies that contributed to his campaign, heck all his campaign contributors got paid back.

    I keep telling these clowns he doesn't give a flying flip about them and they keep defending him. All he cares about is their vote, even if they're dead, as long as they vote for him.
     
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  4. RightWingFerret
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    RightWingFerret BANNED

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    heres a great idea for a Romney/RNC ad,,,,show the long lines of people at unemployment offices,,,,and misc miserable footage of americans suffering,,then show clips of Obama on his million dollar vacation on our tax dollars, and end it with,,,,President Obama says he's for the middle class, and during his 4 years in office has spent (??? whatever the figure is in millions) on vacations,,,,,this is hope and change?
     
  5. rdean
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    rdean rddean

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    From 2001 to 2008, Republicans, working with China and the Chamber of Commerce moved millions of jobs to China. See, Republicans can create jobs. Just not here.
     
  6. The Rabbi
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    The Rabbi Diamond Member

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    Obama's policies present a target rich environment for ridicule and political point-scoring by Team Romney. The only question is whether he can exploit all of it.
     
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  7. Lakhota
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    Lakhota Diamond Member

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    Shrinky Dink? Shrinky Dink? Oh my...
     
  8. The Rabbi
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    The Rabbi Diamond Member

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    And the Democrats, in power since '06 and in total control since '08, have done what about it?
     
  9. Lumpy 1
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    Lumpy 1 Diamond Member Supporting Member

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    While the Democrats stood helplessly by and innocently watched I suppose.
     
    Last edited: May 12, 2012
  10. RightWingFerret
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    In about 3 weeks, we will get a miserable job report, most likely less than 100K. the trend has been reversing since April. why? simple,,we are in the 6 month period before the election,,,,small buisness want to see Romney win before they start hiring again.
     

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