Showing posts with label Unemployment. Show all posts
Showing posts with label Unemployment. Show all posts

07 February 2012

The Politics of Unemployment or How 8.3% Became Less Than 5.6%

Every once in a while there's an interesting gem posted on those social networks and here's one I snagged from a friend. I figured the time is right to post it on the heels of yesterday's "the Presidency doesn't matter" riff.


This article comes from our friends over a Newsbusters and is worth a read by anybody who is curious about how the media could be thrilled over 8.3% unemployment in 2012, but was despondent with 5.6% in 2004. It's all in the spin . . . and dependant on which party is in office at the time.

Writer Noel Shepherd kicks off his article (yeah, click there to read it) with,
If you needed more proof of liberal media bias, just look at the orgasms created by Friday's announcement that unemployment in January dropped to 8.3 percent. By contrast, these same folks were practically suicidal as the jobless rate dropped to 5.6 percent when George W. Bush was President in January 2004.
Shepherd then goes on to to provide several examples of how the Obama's numbers are presented as proof for canonical consideration while Bush's superior stats were signs of the apacolypse. Worth a read, but only if you have a strong stomach. I only made it halfway through before my Pepto run.

14 March 2010

As Protests Mount, ObamaCare Sneaks With Reconciliation

The number may be debatable, but we know that at least 2,000+ people gathered in the frigid Minnesotan air last night to protest the Democrats latest shenanigans to get ObamaCare passed. And this was in Minnesota, where some people actually voted for Al Franken.

Now I will admit that, while I don't trust the left any farther than I could throw up their authoritarian policies, even I never thought they would attempt the rarely employed tactic of reconciliation to pass a bill that most Americans want to see burned on the alter of fiscal responsibility. It appears even the Khaki Elephant can misjudge the depths of their desire for power. The dominion and control offered by government managed Healthcare is simply too tempting for Democrats to hear the voice of the people.

The reconciliation process would require the House to accept the bill already shoved through by the former Senate Super Majority . . . a bill that contains millions in bribe money to be paid out to states like Lousianna and Nebraska for their Senator's support. (Democrat Bribe List I -- Democrat Bribe List II). The tactic will prevent the House and Senate from re-examining the current debacle to look at alternatives that for years have been offered by the GOP. The tactic will prevent the American people from voting these power-hungry politicians out of office before they do their damage. The tactic would "Europeanize" the health care system and introduce the chronic unemployment numbers ever present on that continent.

Say your prayers, America.

09 January 2010

More Job Losses For 2010

President Barack Obama promised that if the stimulus package was passed unemployment would not reach 8%, so imagine the shock over at the Associated Press when the eventually noticed that, not only has the 8% barrier been shattered in 2009, the projections for 2010 are worse yet. Why, they may have to investigate. It's almost as if all of those people who said that the Stimulus Package wouldn't work were right.

WASHINGTON – Brace for a year of stubbornly high unemployment.

Gripped by uncertainty over the economic recovery, employers chopped 85,000 jobs last month, and difficulty finding work helped chase more than half a million people out of the job market.

The unemployment rate held steady at 10 percent. It did not creep higher only because so many people stopped looking for work and are technically not counted as unemployed.But the jobless rate is likely to rise in coming months as more people see signs of an improving economy and start looking for work again. Some economists think it could near 11 percent, which would be the highest since World War II, by June.

The highest unemployment since WWII? No wonder Obama's handlers have decided that he should start sounding like Harry Truman.