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Unemployment below 6% --first time since

Posted: Oct 3, 2014

Wait, I'll get it, yeah.. that's it....President Obama was elected.

;

When he inherited an economy in - free fall

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found a February 2009 unemployment rate of 8.3 waiting for him, a crashed housing and stock market and a spending deficit his predecessor created out of a surplus he inherited with policies such as tax cuts for the rich and a mammoth war chest that decimated the budget?

Sure it's not all the illegals he allowed to stream over the border? - NWW

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.

How's that? - OP

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xx

More jobs created under President Obama - than GHB and GWB

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http://www.eclectablog.com/2014/10/fun-fact-more-net-jobs-have-been-created-under-obama-than-both-bushes-combined.html

Are these the real numbers or the faux numbers? - sm

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Someone never seems to take into account the people who have fallen off the unemployment rolls or those who have just stopped looking altogether. There are a lot of factors involved in these numbers. I want to believe it is true, but I don't. This administration is just too deceitful for my taste.

That someone is the - the BLS

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not the administration. Regardless of who sits in the Oval Office, the BLS has always calculated monthly unemployment rates without using off the roll numbers, which are reported separately for good reason. There is no measure of which of those workers have actually stopped looking for work, returned to school, gone to part-time by choice or retired from the work force. IMO, playing believe-it-or-not with trusted BLS numbers could be motivated by a different kind of deceit.

Refer to Obama is Most Powerful Leader Ever - sm

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Don't you know he controls everything?

2) He rigs our monthly jobs reports to make himself look better: Yes, a man who has no connections to the Bureau of Labor and Statistics managed to infiltrate the process by which they calculate jobs numbers so that they would make the economy look better on his watch. And he’s done this for nearly six years without a single member of the BLS exposing his deceit. - See more at: http://www.forwardprogressives.com/10-conspiracies-prove-republicans-think-obama-powerful-human-whos-ever-lived/#sthash.imG36V41.dpuf

Sorry, but lately too many of these Republican - drivel sites contain malware.

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.

If you meant to reply to the post this is - under --it is not a Rep. site

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It is pointing out the drivel

Post points out the Republican drivel.

http://www.forwardprogressives.com/10-conspiracies-prove-republicans-think-obama-powerful-human-whos-ever-lived/

Oh, if it's a dem site, it's safe??? - sm

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I can't stop laughing!

Are you able to prove your allegation? - sm

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Or is this just an attempt to use left wingnut scare tactics and drive people away from conservative websites? You don't need to answer this. Most people see through the liberal nonsense.

Well, I'd send you a screen shot from the PC it - messed up, but it is dead and gone.

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If my word isn't proof enough, then by all means, take your chances and click away.

You really shouldn't be so easily fooled. - sm

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We have a lower percentage of the American workforce participating in the labor market that at any time since 1978, and this is a very large reason that the unemployment numbers have come down.

Millions are also counted as "employed", when in fact they are underemployed. The real unemployment rate, called U-6, remains near 12%.

Over Obama's term, the median household income has dropped by nearly 8%, and the gap between the top 1% of earners and the lowest 25% of earners has widened by almost 37%. Meanwhile, prices for consumer goods have been rising at almost double the expected rate.

Oh, yes - and those "jobs"?? Government hiring has been accounting for a substantial portion of the so-called "new jobs" created in the past 6 years - while the government has accumulated a debt that will soon approach $20 trillion in an effort to shore up the economy - a bill that WILL COME DUE. Some of the jobs created, paying $15 to $20 an hour, COST NEARLY A MILLION DOLLARS EACH to create.

If people want to roll over for Obama's smooth campaign talk, I guess that's your business, but it doesn't mean you have to be easy.

Nearly 70% of the American public now says that the US is headed in the wrong direction. You owe it to yourself to ask, if everything's so great, why doesn't it feel that way? There must be a reason - and it turns out that if you bother to look, you'll discover that the reason is that figures lie, and liars figure. When Obama quotes you numbers, you owe it to yourself to ask yourself the NEXT question - and there always is one.

Your last paragraph says it all. - sm

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In addition, I read that only 24% of Americans feel better off than when BO took office.

On closer inspection of those claims - sm

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Lower percentage of Americans participating in the workforce since 1978 is Obama's fault or could it have anything to do with cumulative effects of trade agreements, outsourcing, advances in technology and such?

U6 rates in 2009 with W's Great Recession in high gear was 16.1; in 2011 it was only down to 15.9; two years later in 2013 it was 13.8. If it's 12% now, that shows a drop of 1.8% this year. In other words, momentum of this recalcitrant measure has picked up faster than earlier predictions.

I don't know anyone who think Obama or democrats for that matter are responsible for the widening income gap between the 1% and the lowest 25% earners. Case in point. Has it been blue or red states that have raised the minimum wage? Which party historically argues against it, votes it down and campaigns against it? Who is it that continues to extend corporate welfare and cut taxes for the wealthy at every turn? How did Candidate 47% lose in 2012?

It rally is disingenuous to claim "government" jobs account for a substantial portion of new jobs without mentioning that local governments have added the most, followed by state governments and that the federal government job numbers have contracted. 75,000 lost in 2013. It is even more disingenuous to present that data without comparing it to the jobs added in the private sector.

I don't know anyone who thinks Obama or democrats for that matter are responsible for the widening income gap between the 1% and the lowest 25% earners. Case in point. Has it been blue or red states that have raised the minimum wage? Which party historically argues against it, votes it down and campaigns against it? Who is it that continues to extend corporate welfare and cut taxes for the wealthy at every turn? How did Candidate 47% lose in 2012?

It is disingenuous to claim government jobs account for a substantial portion of new jobs without mentioning that local governments have added the most, followed by state governments and that the federal government job numbers have contracted. 75,000 lost in 2013. It is even more disingenuous to present that data without comparing it to the jobs added in the private sector.

All above data taken from BLS website.

Your information is from 2013. - Here's current information.

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Taken from above post.

http://www.huffingtonpost.com/2014/10/03/real-jobs-numbers-sad-state_n_5926898.html

Takes a long time to recover - inch by inch

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We made all those same comments when unemployment was so high at the end of the Bush years---that it really was even higher.

Are you buying this misinformation? - Wow.

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m,

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