By Douglas V. Gibbs
We know that liberal democrats lie, they manipulate the numbers, they manipulate the polls, and they use the media as much as they can. I've noticed that anytime the media writes about who they think are bad guys around the world, they call them conservative, or right wing, too. That is how they play the game of destruction politics.
The liberal left also knows that if the unemployment rate remains high, it would not bode well for Barry Obammie. Therefore, they must do anything they can to keep the rate down around 8%. After all, no President has been reelected with the rate any higher.
Before I go on, remember that during the Great Depression, at its worst, the rate got into the mid-twenty percentile. . . and there was no unemployment insurance, which means the number was not based on how many people were on the unemployment rolls. The number was based on the number of people looking for work, or could work and wasn't.
The Left has been working to get the rate below 9%, and below 8% by election time. Gallup has even been telling us that the day the rates go down is coming. They do so with their surveys, say it's getting better, regardless of the truth.
The media is pretty excited. At last, the unemployment number is coming down!
The rate reached 8.6%, and it is a corrupt number.
Along with the news of the unemployment number dipping below nine is that also the number of people who have quit looking for work in the last few weeks is 315,000.
That is not the number of people that quit looking for work as we are being told. They are still looking for work. That is the number of people that no longer can use unemployment insurance. They never found a job, and now they have nothing to help them survive, and the Left is celebrating because these poor people dropping off the rolls brought down the rate. Those people are still unemployed. They are still without work, and need a job.
During the Great Depression they would be counted still as unemployed.
Now, 315,000 who are unemployed are not being counted as unemployed.
That also reduces the universe of jobs.
The labor force participation rate is only 64%, but the leftists don't care about the truth. They will politicize anything. The labor force participation rate fell to 64% from 64.2%, and the 0.2% drop equals 315,000 people leaving the workforce.
And the democrats are celebrating.
The number of jobs created was also even less than that. Roughly 120,000 jobs. That number of jobs created can't lower the unemployment rate that much, and is not enough to do much.
The rate dropping is impossible without that 315,000 figure, the 315,000 people who dropped off the rolls, even though they are still technically unemployed.
More people dropped off the rolls than got jobs, yet the unemployment rate went down.
How is that?
Corruption, manipulation of data, and an ideology that will do anything to get Obama re-elected.
How convenient. We are 11 months away from the next election, and suddenly with a little creativity, and unreal numbers, we're at 8.6% unemployment.
The economy is not growing. The new jobs being created is near nothing. There is no robust growth. 8.6%, and they are celebrating, as things get worse.
8.6% is the U3 unemployment rate. The U6 unemployment rate counts the 315,000. The U3 is a government marker, and that is what is reported. The U6 unemployment number counts the 315,000 who have dropped off unemployment insurance, and that number is approaching 20%. Then if you add the business owners whose businesses went under, and the people that did not take unemployment but do half a dozen side jobs to stay alive, the real unemployment number is right up there with the Great Depression numbers.
But all those people are no longer counted as being unemployed. No longer counted as being in existence in terms of the Bureau of Labor Statistics. These unemployed that couldn't find work in time dropped out of the system altogether, and are no longer counted by the Obama team and his democrat cronies.
The leftitsts are spinning all of this to create a false impression of economic recovery and a healthier job market. It's a lie induced propaganda campaign.
They hope these people that can't find work now ask for help from the government, and become dependent on the federal government to survive. Entitlements. The democrats are destroying lives to get votes. They are lying to get votes. They are manipulating the numbers and spreading corruption around like mad to get votes.
And some people are falling for it.
-- Political Pistachio Conservative News and Commentary
U.S. Jobless Rate Unexpectedly Declines to 8.6% - Bloomberg
Economy Creates 120,000 Jobs, Rate Tumbles to 8.6% - CNBC
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