Category Archives: Unemployment

Govt debt cannot fix the economy

Barack Obama faces voters with the highest unemployment rate of any incumbent since Franklin Roosevelt.

Source:

http://www.thegatewaypundit.com/2012/11/october-unemployment-jumps-to-7-9-making-obama-worst-jobs-president-since-great-depression/

H/t Pistol Pete’s Grudge Report @

https://polination.wordpress.com/2012/11/02/the-friday-grudge-51/

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Filed under Barack Obama, Economy, Elections, Government Waste, Inflation, National Debt, Paul Ryan, Poverty, Sarah Palin, Unemployment

Michael Moore, MoveOn.org Create Most Offensive Campaign Ad Ever

WARNING: CRUDE LANGUAGE

From Robert Laurie at caintv.com:

Michael Moore and MoveOn.org have teamed up to create the most base, unpleasant campaign ad ever.  Featuring a host of foul-mouthed elderly voters, the spot threatens violence against both Mitt Romney and the country as a whole.

“I want the Republican Party to know – if your voter suppression throughout this beautiful country enables Mitt Romney to oust Barack Obama? WE WILL BURN THIS MOTHERFUCKER DOWN.”

Yup, that’s an actual line from an honest to goodness political ad, offered by America’s premiere hack propagandist and everyone’s favorite radical leftist political action Committee.  MoveOn, of course, is funded by a host of the world’s most prominent socialist activists, most famously George Soros.

The ad continues it violent rhetoric, with a threat that, “If the Republicans steal this election, I’m going to track down Mitt Romney and give him the world’s biggest cock punch. What’s the matter sonny, you never heard that phrase? Cock Punch?”

You can read the rest of the article here if you have the stomach for it.

Here is the ad. Watch at your own risk.

Meanwhile, back in Chicago, some of Barack’s homies are feeling a little disillusioned.

And in Colorado, here are some folks who really did build their own business. Now it’s gone. Guess who destroyed it?

(Links supplied by FranklytheNut.)

4 Comments

Filed under Barack Obama, Democrats, Economy, Elections, George Soros, Michael Moore, Mitt Romney, Poverty, Unemployment

2003 Bush Tax Cuts INCREASED jobs AND revenue

H/t itooktheredpill

http://itooktheredpill.wordpress.com/2012/07/13/the-bush-tax-cuts-both-employment-and-revenues-went-up/

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Filed under Barack Obama, George W. Bush, Taxes, Unemployment

Conversation with an Obama Supporter

[Saw this at facebook and wanted to share, because “Me” (not Chrissy me) did such an outstanding job of keeping it factual, not personal, and responding with historical data. Obot repeated typical DNC talking points; Me’s response is a model for the rest of us on this.]

Obot: The economy may not be all that great, but Obama stopped the bleeding from the mess that he inherited from Bush. He deserves 4 more years.

Me: Reagan inherited a bigger mess than Obama.

Obot: Obama inherited a depression and Reagan had a depression during his first two years in office.

Me: So you are admitting that Reagan turned around his economy in 2 years; yet Obama has had 4 years. Remember the landslide Reagan victory in 1984? What were those policies that Reagan implemented to cause that economic recovery? Tax Cuts.

Obot: Different times call for different measures. They didn’t work for Bush. Reagan wasn’t fighting 2 wars.

Me: Really? Tax cuts have worked every time they are implemented. During the 60’s with the Kennedy tax cuts; during the 80’s with the Reagan tax cuts and yes, even during the Bush years. Bush inherited a recession and then America got hit with 9/11/01. Our economy was hit with a double whammy. The unemployment under Bush never got as high as the lowest under Obama. In fact, by his own admission tax cuts work; he signed the extension of the Bush Tax Cuts in 2010 and during a Primary debate in 2008.

Charlie Gibson: “When the rate dropped, revenues from the tax increased; the government took in more money; and in the 1980’s when the tax was increased to 28%, the revenues went down. So why raise it at all?
Obama: “I would look at raising the Capital Gains tax for purposes of fairness”

Obama doesn’t look at taxes as a way to raise funds for the government, he looks at it as means of getting even with the rich.

As far as Reagan not fighting two wars; do you not remember the Cold War and how Reagan was instrumental in the fall of The Berlin Wall and the bankrupting of the U.S.S.R.?

[Conversation ended, because Obot dropped out. One hopes s/he was sufficiently gobsmacked by facts to need a time out to ponder, maybe even go look stuff up and LEARN the TRUTH.]

17 Comments

Filed under Barack Obama, Democrats, Economy, Republicans, Ronald Reagan, Taxes, Unemployment

Ten to One is UNFAIR!

Please explain to me [2:33]

Labor Force: All people aged 16 and over who are either employed or actively seeking work. It does not include discouraged workers, people who have retired, or those on welfare or disability who are no longer looking for work. Since January 2009, this number has grown by 827,000 people or 0.54% (from 154,236,000 to 155,063,000)

Not in Labor Force: Total civilian non-institutional population minus the number in Labor Force. Since January 2009, this has grown by 8,208,000 people or 10.2% (from 80,502,000 to 88,710,000 people).

Source:

http://www.weeklystandard.com/blogs/every-person-added-labor-force-10-added-those-not-labor-force_654547.html

H/t Pistol Pete and itooktheredpill

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Filed under Barack Obama, Economy, Elections, Energy, Inflation, Unemployment

2009 Stimulus Spending – Waste and Fraud

The first thing the All Democrat Obama Leadership did was BORROW $840 Billion to “stimulate” the economy and “help create jobs.”

We’ve seen how well that worked!

Chrissy’s Site Bites @ http://news.webshots.com/photo/2285332080056011884qarLow

Chrissy’s Site Bites @ http://news.webshots.com/photo/2330192460056011884dWktRB

Now, we learn some of that high-cost, low-return money was pissed away on waste and fraud.

To date, government inspector generals have secured 598 judgments against people and companies who misused $11.1 Million in stimulus funds.

There are 1,900 more investigations still open!

A senior official says they expect that $11.1 Million figure to balloon in coming months.

For example, one of the cases nearing conclusion is by an Energy Department inspector general who discovered the California energy commission collected the same $678,000 twice. Oooops.

In 400 other cases, investigators found the companies claiming stimulus funds didn’t exist. Apparently nobody checked, just sent the money.

Color me cynical, but I have to wonder how many of the recipients were Democrat donors.

Source:

Feds have more than 1,900 investigations open into alleged stimulus wrongdoing

By John Solomon – October 15, 2012

http://www.washingtonguardian.com/stimulating-investigation

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Filed under Barack Obama, Democrats, Unemployment

Romney’s wrong about one thing …

… not all of us in the 47% are stupid.

Some of us understand that:

A. The government gets the money it sends us from the taxes paid by people who have jobs.

B. The more people who have jobs, the more tax revenue the government has to put into assistance programs and the fewer people who need it.

C. The fewer people who have jobs, the less tax revenue the government has to put into assistance programs and the more people who need it.

For four years, Obama has been failing to get Americans back to work again.

When Obama took office, 60.6% of our population was employed. Today, only 58.7% are employed.

When Obama took office, 11.6 million Americans were unemployed. Today, 12.1 million Americans are unemployed.

When Obama took office, 2.6 million Americans had been out of work for 27 months or longer. Today, 4.8 million are long-term unemployed.

 Mitt Romney became wealthy creating jobs.

Bain Capital is one of the foremost private equity firms in the nation. It invests money in people with ideas who want to start new businesses and in businesses that are struggling or that want to expand. Bain itself employs about 115 employees. The companies it has helped create, build up and save from bankruptcy employ hundreds of thousands.

I’m in the 47% and I’m voting for Romney.

It’s simple really. I need my entitlement and I want the government to stay solvent so it will keep on sending it to me!

If you like this, you might also want to read @ https://polination.wordpress.com/2012/10/06/unemployment-under-obama/

Past and current U.S. labor statistics:

January 2009 Employment Report @ http://www.bls.gov/news.release/archives/empsit_02062009.htm

September 2012 Employment Report @ http://www.bls.gov/news.release/archives/empsit_10052012.htm

Unemployment Rate @ http://data.bls.gov/timeseries/LNS14000000

Employment-Population Ratio @ http://data.bls.gov/timeseries/LNS12300000

Discouraged Workers @ http://data.bls.gov/timeseries/LNU05026645

2 Comments

Filed under Bain Capital, Barack Obama, Democrats, Mitt Romney, Unemployment

Obama’s JOBS Record

All of the numbers on this graphic are taken from official government reports compiled by the Bureau of Labor Statistics. Each item can be found at one of the URLs posted below.


Click on graphic to embiggen.

If you like this, you might also want to read @ https://polination.wordpress.com/2012/10/06/unemployment-under-obama/

SOURCES:
January 2009 Employment Report @ http://www.bls.gov/news.release/archives/empsit_02062009.htm
September 2012 Employment Report @ http://www.bls.gov/news.release/archives/empsit_10052012.htm
Unemployment Rate @ http://data.bls.gov/timeseries/LNS14000000
Employment-Population Ratio @ http://data.bls.gov/timeseries/LNS12300000
Discouraged Workers @ http://data.bls.gov/timeseries/LNU05026645

1 Comment

Filed under Barack Obama, Unemployment

Unemployment under Obama

The September 2012 jobs report is out and the MSM is, predictably, reporting it as a Win! for Obama! But the fact is, Obama hasn’t fixed anything. Bear with me and I will show you how to see this with your own eyes.

First, the Unemployment Rate is a phony statistic. Before Clinton, it meant what you would think it means. I.e., percent of Americans out of work. But Clinton changed the way it’s calculated to make his numbers look better.

Since the switch, the Unemployment Rate does NOT includes people who believe there are no jobs, so have quit looking. These folks are now called Discouraged Workers. You’d kinda think that was the same as being “Unemployed.” But in Democrat Government Speak, it’s not.

This weirdness has two odd results.

  1. A bad economy can see a down-tick in Unemployment because workers move not into Employment, but into Discouragement.
  2. A recovering economy can see an up-tick in Unemployment, because Discouraged workers get their hopes up and start looking again.

See Unemployment Rate data @ http://data.bls.gov/timeseries/LNS14000000

The Discouraged Worker data only goes back to 1994, which I’m guessing is when Clinton changed the Unemployment Rate. It does have value, because it tracks people who have been out of work for so long that they have lost HOPE that the job market will CHANGE for the better. I just wish the MSM reported more honestly and less politically about what changes in the Unemployment Rate really mean.

See Discouraged Workers data @ http://data.bls.gov/timeseries/LNU05026645

The Bureau of Labor Statistics also tracks the Employment-Population Ratio, which compares the total number of Americans to the total number who are working. I like this one, because it doesn’t try to suss out what people are thinking or feeling about finding work.

See Employment-Population Ratio data @ http://data.bls.gov/timeseries/LNS12300000

See for yourself what the JOBS situation in the Obama Economy is.

First, open the three URLs below in separate tabs, so you can click between them. Each page has a line graph at the top; if you scroll down, there’s a box with month-by-month data. At the top of each page, you can reset the time frame. It currently starts at 2002. Since the Obama claims he inherited Bush’s mess, I suggest you reset them all to 2001, the year Bush took office. (Click GO after resetting the date.) That way you can make up your own mind about how big a mess we’re in and who is responsible.

Things to keep in mind

Economists consider it a sign of a healthy economy if the Unemployment Rate is around five percent. Higher means people who want jobs are having trouble finding them. Lower means employers do not have a sufficient pool of workers for new hires.

Obama likes to remind us that he inherited the post-housing-bubble-burst recession, which he likes to blame on the 8-year Bush administration. But Bush inherited the post-internet-bubble-burst recession which we could just as easily blame on 8-year Clinton administration. Moreover, the 9/11 attacks hit us just 8 months into Bush’s first year. Obama had nothing even remotely comparable.

Bush also had two wars, one of which was won before he left office. The other drags on to this day, with Obama giving every sign of planning to just quit and go home. Frankly, I wish Barack would just man up. It’s unseemly for someone holding the most powerful office on the planet to keep whining the way he does.

Bush had Republican majorities in both the House and Senate for his first six years. Democrats took over the majority of the House and Senate in January 2007, then gained the White House as well for 2009 and 2010. Republicans have had the majority in the House for 2011 and 2012, but Democrats still control the majority legislatively, because they have the Senate and the White House.

IOW, to make matters simple, Republicans own the economy for SIX years under Bush (2001-2006), while Democrats own the economy for SIX years under Bush and Obama (2007-2012).

Got all that? Now go look at the data with your own eyes.

If you liked this, you might also want to read https://polination.wordpress.com/2012/10/05/a-little-fact-checking-of-debate-statements/

3 Comments

Filed under Barack Obama, Economy, Unemployment

THEY REALLY THINK WE’RE STUPID!!

posted by Pistol Pete

I apologize for the extra post today,but I’m about to explode.Labor Secretary Hilda Solis came out with some bullshit employment numbers to lower the unemployment rate to 7.8%.Everybody knows this is phony but the enemedia will trumpet this and Obama will spend the next week jumping up and down,screaming “See?It’s working!We just need more time!!”…anything to distract from his debate disaster.Everybody knows no president has ever been reelected when the unemployment rate was over 8%.I’m posting two related videos and a number of reactions from people who know the truth.Then I’ll try to find a way to calm down…or swallow my head.

Any admin. with an appropriate graphic feel free.I didn’t have anything handy.

7 Comments

Filed under Unemployment