Sunday, December 06, 2009

Improved Employment Numbers? - Not Quite

By Douglas V. Gibbs

The New York Times has happily reported that "Jobs Report Is Strongest Since the Start of the Recession" - except they are not quite right.

As people's unemployment benefits expire, they are no longer counted.

Temporary seasonal jobs are also taking folks off of the unemployment rolls, but those jobs will end when the season ends, therefore is not necessarily good news, but temporary relief for a handful of folks.

And remember, out of business entrapreneurs are not listed, which is a part of the reason for a lower 11,000 jobs disappearing last month. Unemployment numbers also do not take into account those folks that settled for part-time jobs that underpay drastically while they look for full-time work, or people that were fired so that the companies would not have to pay unemployment benefits.

Yet, the leftist idiots are celebrating a drop from 10.2% to 10% in the unemployment rate, ignoring the drop in consumer spending, and the continued devaluation of the dollar.

And remember, these are the same people who promised the stimulus would not allow the unemployment rate to go higher than 8%, and are also the same folks who demonized Bush as the cause of all this when the unemployment numbers spent most of their time under 5% during the Bush years.

The left is ushering in the destruction of the American economy, and are proudly presenting bold-face lies that the recession is over.

What is really amazing is there are idiots out there actually buying the lies hook, line and sinker (these are probably the same folks that bought into the man-made global warming hoax as well).

-- Political Pistachio Conservative News and Commentary

No comments:

Post a Comment