Unemployment down to 8.6%, "thank you Obama"? Try THANK YOU CEOS FOR HIRING!"

[bucs90]

So we've heard 2 years worth of Obama whining like his OWS peasants, Him mostly whining about a "do nothing Congress" and the "GOP obstruction" stopping him from doing anything.

Now unemployment is down to 8.6%. And libtards are dropping to their knees to PRAISE HIM!!!!

Why? CEO's approved this hiring. Corporations funded it. Barack Hussein Obama has been hampered by a "do nothing Congress" and "GOP obstructionists"......right?

So when shit goes bad, Obama is immune from blame, because a do-nothing Congress and the GOP are preventing Him from dong anything.

But when things go well, He gets immediate credit, despite the fact that all that new hiring is being done by the very CEO's and corporations He and his ilk spew verbal venom at every chance they get.


Thanks to all the CEO's and corporations for taking the chance to go ahead and hire. We know, with Obama in office the future is very unknown and shaky, but you guys hired anyway. Keep up the good work. And Mr. President...try not to fuck it up. Of course, you cant't do much with a do-nothing Congress, so not sure why you got credit for it anyway.

 

[rightwinger]

Wow

A right-winger admitting unemployment is actually down. I guess Obama only gets credit when unemployment goes up

 

[Remodeling Maidiac]

CEO's aren't hiring and UE didn't go down. The Obama administration is counting the 300000 that fell off the UE books as new hires. Also because of the holidays seasonal employment is up 68000.

Obama as usual is lying and trying to take credit for a nonexistent hiring situation. UE will rise again as soon as the holidays are over. If UE checks are extended the numbers will rise even sharper as people who ran out will apply again.

IT'S ALL SMOKE AND MIRRORS.

 

[oreo]

CEO's aren't hiring and UE didn't go down. The Obama administration is counting the 300000 that fell off the UE books as new hires. Also because of the holidays seasonal employment is up 68000.

Obama as usual is lying and trying to take credit for a nonexistent hiring situation. UE will rise again as soon as the holidays are over. If UE checks are extended the numbers will rise even sharper as people who ran out will apply again.

IT'S ALL SMOKE AND MIRRORS.

Holy shit--

"I'm saying it bluntly, that this administration is the greatest wet blanket to business, progress and job creation in my lifetime. A lot of people don't want to say that. They'll say, 'Oh God, don't be attacking Obama.' Well, this is Obama's deal, and it's Obama that's responsible for this fear in America."

"The guy [Obama] keeps making speeches about redistribution, and maybe 'we ought to do something to businesses that don't invest or hold too much money.' We haven't heard that kind of talk except from pure socialists."

"Business is being hammered. The business community in this country is frightened to death of the weird political philosophy of the president of the United States. Until he's gone, everybody's going to be sitting on their thumbs."

Steve Wynn--DEMOCRAT--and CEO
Steve Wynn's Anti-Obama Rant - Is He Right? - CBS News

 

[bucs90]

Wow

A right-winger admitting unemployment is actually down. I guess Obama only gets credit when unemployment goes up

Maybe is, maybe isn't. Depends, as the guy above said, Obama Inc is counting the 300,000 whose UE benefits ran out or not.

The point is...if hiring is up, it's because CEO's and corporations hired. Remember...Obama is crippled by a do nothing Congress. He said so himself. So anything that happens cannot be his fault.

 

[waltky]

Uncle Ferd says its kinda like buyin' a car from a used car lot - it ain't as good as it looks...

Half of Unemployment Rate Decline Due to People Giving Up Job Search, Labor Data Show
December 2, 2011 – Half of the 0.4 percent decline in the nation’s unemployment rate is due to people giving up hope of finding a job and leaving the labor force altogether in November, government data and CNSNews.com calculations show.

In the month of November, 315,000 people left the labor force altogether, the Bureau of Labor Statistics (BLS) reported on Friday. The unemployment rate, reported today, has declined by 0.4 percent – from 9.0 in October to 8.6 percent in November. However, had those 315,000 people not left the labor force, the unemployment rate would have been 8.8 percent – 0.2 percent higher than the officially-reported 8.6 percent rate for November.

The unemployment rate went down for two reasons: the economy created 120,000 jobs and 315,000 people left the labor force in November. If those who had left the labor force are added back into it and added to the ranks of the unemployed – because they do not have jobs – the small decline in the unemployment rate is cut in half – to 0.2 percent. In October, the size of the labor force was 154 million people and 13.9 million were unemployed. In November, the labor force was 153.9 million people and 13.3 million were unemployed.

Other BLS data show the true jobless nature of the current economy. Despite the 120,000 jobs added in November, the overall population grew by 172,000, meaning that there are not enough jobs being created to keep up with population growth. Those 172,000 people went right into the ranks of those who are not in the labor force at all, a figure which rose to 86.6 million in November, up 487,000 during the month. Secondly, the number of those who “want a job now,” according to the BLS, rose 192,000 in November, going from 6.4 to 6.55 million people in November.

Source

 

[oreo]

So we've heard 2 years worth of Obama whining like his OWS peasants, Him mostly whining about a "do nothing Congress" and the "GOP obstruction" stopping him from doing anything.

Now unemployment is down to 8.6%. And libtards are dropping to their knees to PRAISE HIM!!!!

Why? CEO's approved this hiring. Corporations funded it. Barack Hussein Obama has been hampered by a "do nothing Congress" and "GOP obstructionists"......right?

So when shit goes bad, Obama is immune from blame, because a do-nothing Congress and the GOP are preventing Him from dong anything.

But when things go well, He gets immediate credit, despite the fact that all that new hiring is being done by the very CEO's and corporations He and his ilk spew verbal venom at every chance they get.


Thanks to all the CEO's and corporations for taking the chance to go ahead and hire. We know, with Obama in office the future is very unknown and shaky, but you guys hired anyway. Keep up the good work. And Mr. President...try not to fuck it up. Of course, you cant't do much with a do-nothing Congress, so not sure why you got credit for it anyway.

CEO's were hiring--

"I'm saying it bluntly, that this administration is the greatest wet blanket to business, progress and job creation in my lifetime. A lot of people don't want to say that. They'll say, 'Oh God, don't be attacking Obama.' Well, this is Obama's deal, and it's Obama that's responsible for this fear in America."

"The guy [Obama] keeps making speeches about redistribution, and maybe 'we ought to do something to businesses that don't invest or hold too much money.' We haven't heard that kind of talk except from pure socialists."

"Business is being hammered. The business community in this country is frightened to death of the weird political philosophy of the president of the United States. Until he's gone, everybody's going to be sitting on their thumbs."

Steve Wynn--DEMOCRAT--CEO
Steve Wynn's Anti-Obama Rant - Is He Right? - CBS News

 

[Mr.Nick]

I can't blame a corporation for not hiring.

Of course progressives believe its a companies job to hire because money grows on trees...

If I was a CEO i'd piss out my office window... hahahaha

"look its raining over me but not over anyone else thats weird Karl Marx must have been resurrected -ts a sign from Marx "

 

[oreo]

I can't blame a corporation for not hiring.

Of course progressives believe its a companies job to hire because money grows on trees...

If I was a CEO i'd piss out my office window... hahahaha

Well Steve Wynn--a DEMOCRAT home boy--and CEO says screw Obama they arent' going to hire until Obama is GONE.

"I'm saying it bluntly, that this administration is the greatest wet blanket to business, progress and job creation in my lifetime. A lot of people don't want to say that. They'll say, 'Oh God, don't be attacking Obama.' Well, this is Obama's deal, and it's Obama that's responsible for this fear in America."

"The guy [Obama] keeps making speeches about redistribution, and maybe 'we ought to do something to businesses that don't invest or hold too much money.' We haven't heard that kind of talk except from pure socialists."

"Business is being hammered. The business community in this country is frightened to death of the weird political philosophy of the president of the United States. Until he's gone, everybody's going to be sitting on their thumbs."

Steve Wynn's Anti-Obama Rant - Is He Right? - CBS News

I don't know how much clearer than you can be than that?

 

[Mr.Nick]

I can't blame a corporation for not hiring.

Of course progressives believe its a companies job to hire because money grows on trees...

If I was a CEO i'd piss out my office window... hahahaha

Well Steve Wynn--a DEMOCRAT home boy--and CEO says screw Obama they arent' going to hire until Obama is GONE.

"I'm saying it bluntly, that this administration is the greatest wet blanket to business, progress and job creation in my lifetime. A lot of people don't want to say that. They'll say, 'Oh God, don't be attacking Obama.' Well, this is Obama's deal, and it's Obama that's responsible for this fear in America."

"The guy [Obama] keeps making speeches about redistribution, and maybe 'we ought to do something to businesses that don't invest or hold too much money.' We haven't heard that kind of talk except from pure socialists."

"Business is being hammered. The business community in this country is frightened to death of the weird political philosophy of the president of the United States. Until he's gone, everybody's going to be sitting on their thumbs."

Steve Wynn's Anti-Obama Rant - Is He Right? - CBS News

I don't know how much clearer than you can be than that?

If I was in charge of hiring I would do whats in my companies best interests... Hiring redundant workers wouldn't be one of my priorities..

I'm sure democrats expect companies to hire for no reason...

If they don't they're rich snobs...

 

[bucs90]

Democrats see companies the same way they see government: An entity that exists solely to support a person without holding that person any way accountable or expecting anything in return.

It's Microsoft's moral responsibility to hire, pay and care for hordes of left wingers. Pay them just to...well, show up and blog and drink coffee.

 

[likeabird03]

This is what I've been trying to say all day. Despite how much the dems have warned that cutting govt would derail the recovery - govt continues to shed jobs and yet the private sector continues to pick up. This is a slap in the fact for big govt dems who cry out at even the littlest cut to govt.

 

[editec]

So we've heard 2 years worth of Obama whining like his OWS peasants, Him mostly whining about a "do nothing Congress" and the "GOP obstruction" stopping him from doing anything.

Now unemployment is down to 8.6%. And libtards are dropping to their knees to PRAISE HIM!!!!

Why? CEO's approved this hiring. Corporations funded it. Barack Hussein Obama has been hampered by a "do nothing Congress" and "GOP obstructionists"......right?

So when shit goes bad, Obama is immune from blame, because a do-nothing Congress and the GOP are preventing Him from dong anything.

But when things go well, He gets immediate credit, despite the fact that all that new hiring is being done by the very CEO's and corporations He and his ilk spew verbal venom at every chance they get.


Thanks to all the CEO's and corporations for taking the chance to go ahead and hire. We know, with Obama in office the future is very unknown and shaky, but you guys hired anyway. Keep up the good work. And Mr. President...try not to fuck it up. Of course, you cant't do much with a do-nothing Congress, so not sure why you got credit for it anyway.

Which CEOs, specially, do we thank?

 

[candycorn]

Wow

A right-winger admitting unemployment is actually down. I guess Obama only gets credit when unemployment goes up

I think it is a safe and secure answer to the question; "Why are you a liberal?" Because I don't want to be associated with Bucs90.

 

[bucs90]

So we've heard 2 years worth of Obama whining like his OWS peasants, Him mostly whining about a "do nothing Congress" and the "GOP obstruction" stopping him from doing anything.

Now unemployment is down to 8.6%. And libtards are dropping to their knees to PRAISE HIM!!!!

Why? CEO's approved this hiring. Corporations funded it. Barack Hussein Obama has been hampered by a "do nothing Congress" and "GOP obstructionists"......right?

So when shit goes bad, Obama is immune from blame, because a do-nothing Congress and the GOP are preventing Him from dong anything.

But when things go well, He gets immediate credit, despite the fact that all that new hiring is being done by the very CEO's and corporations He and his ilk spew verbal venom at every chance they get.


Thanks to all the CEO's and corporations for taking the chance to go ahead and hire. We know, with Obama in office the future is very unknown and shaky, but you guys hired anyway. Keep up the good work. And Mr. President...try not to fuck it up. Of course, you cant't do much with a do-nothing Congress, so not sure why you got credit for it anyway.

Which CEOs, specially, do we thank?

Start with the one that pays you.

Because, unless you are a government employee, a CEO is in charge of you being employed and paid. That "CEO" might be Mom or Pop and their community grocery store. It might be the CEO of Boeing or WalMart. It might be the CEO who owns wealthy, but local, food chains, like Charleston's Sticky Fingers, or the South's Chic Fil A.

But if you work, and you aren't a gov't employee, then somewhere out there is a person who enables your continued employment. Not saying we must kiss anyones ass. Not saying we "owe" them anything. They ask for a job to be done, we ask for payment. So long as both keep doing their part, the deal is going.

So, I thank the CEO who decided to keep my position funded, and the manager who hired me.

 

[Rozman]

So we've heard 2 years worth of Obama whining like his OWS peasants, Him mostly whining about a "do nothing Congress" and the "GOP obstruction" stopping him from doing anything.

Now unemployment is down to 8.6%. And libtards are dropping to their knees to PRAISE HIM!!!!

Why? CEO's approved this hiring. Corporations funded it. Barack Hussein Obama has been hampered by a "do nothing Congress" and "GOP obstructionists"......right?

So when shit goes bad, Obama is immune from blame, because a do-nothing Congress and the GOP are preventing Him from dong anything.

But when things go well, He gets immediate credit, despite the fact that all that new hiring is being done by the very CEO's and corporations He and his ilk spew verbal venom at every chance they get.


Thanks to all the CEO's and corporations for taking the chance to go ahead and hire. We know, with Obama in office the future is very unknown and shaky, but you guys hired anyway. Keep up the good work. And Mr. President...try not to fuck it up. Of course, you cant't do much with a do-nothing Congress, so not sure why you got credit for it anyway.

We are supposed to thank the President everyday.... because he makes all this possible.

 

[LoneLaugher]

There has got to be a way that we can all hook up to a service like "Go To Meeting" annonymously next November 6th. I would pay a fair sum to be able to see the looks on the faces of these crazy people.

 

[thetor]

So we've heard 2 years worth of Obama whining like his OWS peasants, Him mostly whining about a "do nothing Congress" and the "GOP obstruction" stopping him from doing anything.

Now unemployment is down to 8.6%. And libtards are dropping to their knees to PRAISE HIM!!!!

Why? CEO's approved this hiring. Corporations funded it. Barack Hussein Obama has been hampered by a "do nothing Congress" and "GOP obstructionists"......right?

So when shit goes bad, Obama is immune from blame, because a do-nothing Congress and the GOP are preventing Him from dong anything.

But when things go well, He gets immediate credit, despite the fact that all that new hiring is being done by the very CEO's and corporations He and his ilk spew verbal venom at every chance they get.


Thanks to all the CEO's and corporations for taking the chance to go ahead and hire. We know, with Obama in office the future is very unknown and shaky, but you guys hired anyway. Keep up the good work. And Mr. President...try not to fuck it up. Of course, you cant't do much with a do-nothing Congress, so not sure why you got credit for it anyway.

We are supposed to thank the President everyday.... because he makes all this possible.

Well it would be a change from the foul abuse he's had so far,but if Obama walked on water,a hypocrite like YOU would report "OBAMA CAN'T SWIM"

You are a drone compared to President Obama.....a true American

 

[JoeB131]

So we've heard 2 years worth of Obama whining like his OWS peasants, Him mostly whining about a "do nothing Congress" and the "GOP obstruction" stopping him from doing anything.

Now unemployment is down to 8.6%. And libtards are dropping to their knees to PRAISE HIM!!!!

Why? CEO's approved this hiring. Corporations funded it. Barack Hussein Obama has been hampered by a "do nothing Congress" and "GOP obstructionists"......right?

So when shit goes bad, Obama is immune from blame, because a do-nothing Congress and the GOP are preventing Him from dong anything.

But when things go well, He gets immediate credit, despite the fact that all that new hiring is being done by the very CEO's and corporations He and his ilk spew verbal venom at every chance they get.

Thanks to all the CEO's and corporations for taking the chance to go ahead and hire. We know, with Obama in office the future is very unknown and shaky, but you guys hired anyway. Keep up the good work. And Mr. President...try not to fuck it up. Of course, you cant't do much with a do-nothing Congress, so not sure why you got credit for it anyway.

Actually, there's nothing to thank CEO's or Obama for in these numbers. You drill down into them, they are pretty awful.

First, the economy only produced 120,000 jobs in November. 150,000 is considered baseline growth. The reason the number dropped was that the "Household Survey" only counts those who are employed or looking for work, not those who have given up because unemployment benefits have run out or they find they can get buy without working.

375,000 people dropped out of the workforce altogether.

Also, most of these jobs that were created were low paying ones. Hospitality and retail jobs that were created for the holiday rush. A lot of these jobs will be eliminated when demand goes down after the holidays.

Looming on the horizon, the Euro-Crash and state and local governments having to slash payrolls to meet budget shortfalls.

 

[old navy]

To add to Joe's post, the ones who dropped out of the job hunt are called discouraged workers. Add them to the number of people who are under-employed, and the unemployment rate goes way up. Plus, the UE rate among minorities, especially African-American males, is embarrassingly high for a president that promised to calm the Earth's fever and pay the bills of the down-trodden.

Once the bump from the early Christmas shopping season settles, we will all be brought back to reality.