Barack Obama (Employment Specialist Extraordinaire)
"The goal here, uh, is that we're gonna create or save 600,000 jobs over the next 100 days."
- In honor of Labor Day, I'm revisiting a comment Obama made on or around his '100 Day' extravaganza, celebrating the greatest 100 days in the history of the U.S. presidency, of course.
**Obama's 100th day was April 30, so lets see how many jobs he's "created or save(d)" since then: May = 345,000 jobs lost, June = 443,000 jobs lost, July = 247,000 jobs lost, August = 216,000 jobs lost...I could be wrong, but it looks like about 1,251,000 jobs have been lost since Barack promised to "create or save 600,000."
That's pretty bad; even by Liberal standards of Utopian math.
You should notice job losses are going down, however. Only in the 200,000's in the past couple months. This should be a positive, right? Nope...It's only when the losses disappear, and gains take place that we can claim to have legitimately positive jobs data. Only a complete liar (or a Democrat politico) could claim anything less than job increases are a positive.
Currently the U.S. has a 9.7% unemployment rate by definition, but really it's over 16% when those who've given up are counted...It's going to be years before Obama can honestly say 600,000 jobs have been "created or save(d)," and if he's truly being honest he'll admit he had nothing to do with any of them. I'm not going to hold my breath waiting for such honesty, however.**
- In honor of Labor Day, I'm revisiting a comment Obama made on or around his '100 Day' extravaganza, celebrating the greatest 100 days in the history of the U.S. presidency, of course.
**Obama's 100th day was April 30, so lets see how many jobs he's "created or save(d)" since then: May = 345,000 jobs lost, June = 443,000 jobs lost, July = 247,000 jobs lost, August = 216,000 jobs lost...I could be wrong, but it looks like about 1,251,000 jobs have been lost since Barack promised to "create or save 600,000."
That's pretty bad; even by Liberal standards of Utopian math.
You should notice job losses are going down, however. Only in the 200,000's in the past couple months. This should be a positive, right? Nope...It's only when the losses disappear, and gains take place that we can claim to have legitimately positive jobs data. Only a complete liar (or a Democrat politico) could claim anything less than job increases are a positive.
Currently the U.S. has a 9.7% unemployment rate by definition, but really it's over 16% when those who've given up are counted...It's going to be years before Obama can honestly say 600,000 jobs have been "created or save(d)," and if he's truly being honest he'll admit he had nothing to do with any of them. I'm not going to hold my breath waiting for such honesty, however.**
Labels: Barack Obama
posted by Poison Pero @ Sunday, September 06, 2009
4 Comments:
At 6:02 PM,
PC_Bucs said…
I am quite sure he will take ALL of the credit for every SINGLE job that gets created and NONE of the credit for those that are lost. Those are Bush's fault after all.....
At 7:01 PM,
Anonymous said…
Your numbers need some correcting. Actually, job losses are not down. The unemployment numbers are calculated by how many people are receiving unemployment checks. When someone's unemployment runs out, they are no longer counted as one of the unemployed. So it's really worse than it sounds because not only are there more unemployed people, but they've exausted any income they had and now they're completely broke.
So our estimates for unemployment numbers are wrong, but you won't hear the news report this accurately because the innacuracy works for Obama.
At 6:51 PM,
PC_Bucs said…
So if anonymous's numbers are right, there are MORE people who will be dependent on the government for EVERYTHING. Sounds like the Dems are doing a REALLY good job of setting up future voters who will vote for the party of screw the rich to feed the poor. GREAT!
At 10:09 PM,
Brave Word said…
May I add (or subtract) something?
When fewer folks have jobs, fewer folks remain to lose jobs. This ain't algebra, just plain arithmetic.
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