Thursday, February 11, 2010

Obama Says Unemployment Rate Will Keep Growing

Note that the made-up BLS official unemployment number will keep falling if they want it to. The actual number of unemployed people will continue to climb, according to the President. What he actually announced was a growth rate of 95,000 jobs/month. Steady employment rates require >150kjobs/month, however, so he is saying in effect that we keep losing jobs.

Note: this is in spite of his best efforts, which have already caused 7 million jobs lost and zero created or saved. The best thing our Elected Black Hero could do is get out of the way and stop trying to FIX something he doesn't have a clue about (the US economy).

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