Unemployment goes up to 8.3%-Obama takes full blame -you didn't get there on your own

[Neotrotsky]

Unemployment goes up to 8.3%-Obama takes full blame -you didn't get there on your own

The unemployment rate, however, ticked up to 8.3 percent,

America’s missing 11 million workers since Papa Obama took over

Papa Obama takes full responsibility for that....


[ame=http://www.youtube.com/watch?v=DY5V90tpoT8]Obama: "If you've got a business, you didn't - YouTube[/ame]

 

[Amazed]

President Pig Fucker told us last week that he had tried his plan and that it worked.

 

[Neotrotsky]

h/t gateway pundit

Back in February 2009, the Obama Administration promised the American public that after their nearly trillion dollar stimulus too effect, the unemployment rate would drop down to 5.3% at the end of his first term.
Today it’s at 8.3%.​

The Wall Street Journal reported (Feb/2009):

The 2010-2013 forecasts are slightly more optimistic than CBO but much rosier — in some cases by well over one percentage point — than what the Blue Chip Consensus calls for. A separate private-sector gauge, the Survey of Professional Forecasts, also projects a much weaker economy this year and next.

The unemployment rate at the end of President Barack Obama‘s term in 2013 will be just 5.2%, according to the White House. The rate currently sits at 7.6%, and many economists expect it to climb past 9% before the recession ends. A report Thursday showing jobless claims at a 26-year high supports the more pessimistic forecasts, at least in the short run.​

 

[LilOlLady]

Those jobs were lost because of what Bush put in motion before he left. Two wars unpaid for, tax cuts unpaid for, jobs sent over seas resulting in unemployment, new welfare and food stamp receivers, homes in default, homeless ness and hunger. The 2008 "worse economic crash in history.' 8.2% that would have been 20% if not for Obama's policies. Get you head out of your butt and take off the blind folders. We are better off than we were 4 years ago.

“It’s starting to get better,” says survey respondent Kelsey Simeon, 21, a mechanical-engineering student at California State University, Sacramento, in a follow-up interview. “Strip malls that were empty are starting to fill up. Everyone’s going out to eat more. People are spending more money on non-necessities: clothes and iPods.”

More Americans now say they are personally better off since President Barack Obama took office than worse off, the first favorable reading for the president on that question since Bloomberg began asking in December 2010.

Thirty-eight percent say they are better off while 36 percent say they’re worse off. In September, the last time that question was asked, only 27 percent said they were better off and 44 percent said worse off.
Better Off Than Four Years Ago | Elections

 

[LilOlLady]

h/t gateway pundit

Back in February 2009, the Obama Administration promised the American public that after their nearly trillion dollar stimulus too effect, the unemployment rate would drop down to 5.3% at the end of his first term.
Today it’s at 8.3%.​

The Wall Street Journal reported (Feb/2009):

The 2010-2013 forecasts are slightly more optimistic than CBO but much rosier — in some cases by well over one percentage point — than what the Blue Chip Consensus calls for. A separate private-sector gauge, the Survey of Professional Forecasts, also projects a much weaker economy this year and next.

The unemployment rate at the end of President Barack Obama‘s term in 2013 will be just 5.2%, according to the White House. The rate currently sits at 7.6%, and many economists expect it to climb past 9% before the recession ends. A report Thursday showing jobless claims at a 26-year high supports the more pessimistic forecasts, at least in the short run.​

The is no way in the real world this kind of prediction can be made. Romney promise he will create 15 million jobs?http://elections.firedoglake.com/2012/03/13/better-off-than-four-years-ago/:lol:

 

[Neotrotsky]

Your link does not work

and

Obama is not working

 

[Amazed]

Those jobs were lost because of what Bush put in motion before he left. Two wars unpaid for, tax cuts unpaid for, jobs sent over seas resulting in unemployment, new welfare and food stamp receivers, homes in default, homeless ness and hunger. The 2008 "worse economic crash in history.' 8.2% that would have been 20% if not for Obama's policies. Get you head out of your butt and take off the blind folders. We are better off than we were 4 years ago.

“It’s starting to get better,” says survey respondent Kelsey Simeon, 21, a mechanical-engineering student at California State University, Sacramento, in a follow-up interview. “Strip malls that were empty are starting to fill up. Everyone’s going out to eat more. People are spending more money on non-necessities: clothes and iPods.”

More Americans now say they are personally better off since President Barack Obama took office than worse off, the first favorable reading for the president on that question since Bloomberg began asking in December 2010.

Thirty-eight percent say they are better off while 36 percent say they’re worse off. In September, the last time that question was asked, only 27 percent said they were better off and 44 percent said worse off.
Better Off Than Four Years Ago | Elections

Looking around the room.....this board is a magnet for these morons.

 

[Neotrotsky]

Those jobs were lost because of what Bush put in motion before he left. Two wars unpaid for, tax cuts unpaid for, jobs sent over seas resulting in unemployment, new welfare and food stamp receivers, homes in default, homeless ness and hunger. The 2008 "worse economic crash in history.' 8.2% that would have been 20% if not for Obama's policies. Get you head out of your butt and take off the blind folders. We are better off than we were 4 years ago.

“It’s starting to get better,” says survey respondent Kelsey Simeon, 21, a mechanical-engineering student at California State University, Sacramento, in a follow-up interview. “Strip malls that were empty are starting to fill up. Everyone’s going out to eat more. People are spending more money on non-necessities: clothes and iPods.”

More Americans now say they are personally better off since President Barack Obama took office than worse off, the first favorable reading for the president on that question since Bloomberg began asking in December 2010.

Thirty-eight percent say they are better off while 36 percent say they’re worse off. In September, the last time that question was asked, only 27 percent said they were better off and 44 percent said worse off.
Better Off Than Four Years Ago | Elections

Looking around the room.....this board is a magnet for these morons.

Indeed

it does that free morphine look to it

 

[Katzndogz]

President Pig Fucker told us last week that he had tried his plan and that it worked.

He did and it did. You just didn't understand the plan.

 

[Katzndogz]

The jobs were lost because of a democratic congress and senate. If you think the housing bubble was bad, the government is doing the same thing with automobiles, forcing lenders into making loans to those people known not to pay their bills and can't afford the payments.

 

[freedombecki]

President Pig Fucker told us last week that he had tried his plan and that it worked.

Well, that has "evolved," so he doesn't have to take any responsibility for it.

Go figure.

 

[Wolfsister77]

We were losing 700,000 jobs/month when Obama took over. We have been gaining jobs every month for the past 29 months.

I'd say he's doing just fine.

 

[Neotrotsky]

41 straight months above 8%...
'Longest stretch on record'...

just great

 

[Wolfsister77]

Since the "trough" of the recession in late 2009/early 2010:

4,001,000 MORE jobs in total
4,545,000 MORE private sector jobs
4,252,000 MORE people working


Since the stimulus was passed (# as of March 12, 2009):

1,207,000 MORE jobs in total
1,844,000 MORE private sector jobs
1,466,000 MORE people working

This is from the Bureau of Labor Statistics

All of the jobs numbers are NET numbers. In other words, we know that jobs are lost and added every month, in good years and in bad. The numbers reported here, based on Bureau of Labor Statistics numbers, are "net" numbers; that is, the number of jobs gained after the number of jobs lost is subtracted, or the number of jobs lost after the number of jobs gained is added.

 

[Neotrotsky]

Spin all you want the WH spin

8.3 increase in unemployment

Obama is not working


The economy has lost at least 2.5 million jobs since Obama moved into the White House.

 

[chesswarsnow]

Sorry bout that,


1. My service business has gone down a whole lot over these last four years.
2. Like just about everyone else I know.
3. If this keeps up like it has for another four years, I will be working for peanuts.


Regards,
SirJamesofTexas

 

[Wolfsister77]

An average of 152,600 MORE jobs total added per month since December 2010, and an average of 170,000 MORE jobs added per month in the private sector since December 2010.

All jobs lost from the time Obama took office to "trough" (bottom of recession): .....4,317,000
All jobs gained since "trough": ....4,001,000
Net LOSS in seasonally-adjusted jobs since Obama took office: .... 316,000

Not 2.5 million. 316,000.

Is this great? Hell no.

It is going in the right direction? Hell yes.

 

[Neotrotsky]

[ame=http://www.youtube.com/watch?v=AfdqCmRlbW0]Democrats Disconnected From Economic Reality - YouTube[/ame]

 

[Neotrotsky]

The jobs were lost because of a democratic congress and senate. If you think the housing bubble was bad, the government is doing the same thing with automobiles, forcing lenders into making loans to those people known not to pay their bills and can't afford the payments.

Obama is not working

 

[tererun]

Wait, you mean unemployment is going up during months when schoolkids are working and when military people are coming home? You don't fucking say.

So I guess obama has got to make school all year long, eliminate HS and college workers, and start up some more wars so we can send military people overseas to shoot brown people. i guess that would decrease unemployment.

Oh, I got another way, obama should start a war with china. It is clear that all those soldiers who did not die because we were fighting people who couldn't kill massive amounts of american military are fucking our unemployment. China would kill off massive amounts of our military, and we could bomb their factories, both of which would certainly make unemployment go away. I now see Mittens plan.