Unemployment Hits New Low - Obama Takes Credit

As well he should. Just look at these figures. Good job, Mr. President!

http://www.zerohedge.com/news/people...te-lowest-1981

By using the methodology they're using, eventually everyone could be unemployed and they'd call it full employment. They don't count people as unemployed when they give up looking for work. It's like something out of Catch 22. You can't make this shit up!

By using the methodology they're using, eventually everyone could be unemployed and they'd call it full employment. They don't count people as unemployed when they give up looking for work. It's like something out of Catch 22. You can't make this shit up! Originally Posted by joe bloe

No, you can't make it up.

But you guys will sure try.

Do you think the babyboomers who started retiring 2 years ago might account for some of this? And will count for even more next year? And the year after that? etc.?

No, you can't make it up.

But you guys will sure try.

Do you think the babyboomers who started retiring 2 years ago might account for some of this? And will count for even more next year? And the year after that? etc.? Originally Posted by Munchmasterman

You're making my point for me. Of course baby boomers are leaving the work force and are no longer being counted, so what. This adds to the illusion that unemployment is getting better when it isn't. It's a propaganda ploy to just quote the raw number of the unemployment rate when it's being driven by people getting out of the work force and not by new jobs being created.

The lastest job growth numbers were well below the number necessary to actually improve unemployment and yet the unemployment rate declined. It's obviously a stupid way to measure unemployment.

Well, I am watching Anderson Cooper right now, and they are lamenting how the numbers are not good at all for the President.

If that crowd is worried, it must be pretty bad.

They are not worried. But after they pull this off they better be.

http://www.youtube.com/watch?v=aug2axRSjnM

They are not worried. But after they pull this off they better be.

http://www.youtube.com/watch?v=aug2axRSjnM Originally Posted by IIFFOFRDB

I truly beleive you watched the whole video.