Obama can lie and you can swallow but it does not change reality.
http://www.cnbc.com/id/102734623
According to the BLS, African Americans experienced an unemployment rate of 10.2 percent in May, up from 9.6 percent in April.Wonder what the real unemployment rate is in the black community and if it is better or worse than before Obama's war on low wage earners (Obama floods America with cheap labor). Note the reported unemployment rate for latinos is about one-half what it is for blacks.....think Obama's immigration policies have anything to do with that ?
Meanwhile, the national average was 5.5 percent in May with whites experiencing an unemployment rate of 4.7 percent. Unemployment for Latinos was around the middle at 6.7 percent and Asians boasted the lowest unemployment rate with 4.1 percent.
Even Bernie Sanders is admitting the low number (5.5%) is a sham.Of course it's a sham. You can't have 93 million Americans out of the work force and one third of the population receiving government assistance and then boast a 5.5% unemployment rate.
http://www.sanders.senate.gov/newsro...loyment-at-127 Originally Posted by Whirlaway
Obama can lie and you can swallow but it does not change reality.Hey, that's kinda like you. You can lie and say you don't swallow, but it doesn't change reality.
http://www.cnbc.com/id/102734623 Originally Posted by JD Barleycorn
Interesting. No response from the leftards in the forum......they run and hide from Obama's failure...I thought one of them might try and hijack it away from Obama.Why would anyone respond? You've shown repeatedly that when confronted with facts you will cling to your previously held beliefs. The economy is in much better shape than it was 6 years ago.
Nope. Originally Posted by Whirlaway
Obama can lie and you can swallow but it does not change reality.Didn't the US GDP contract 0.9% a few weeks ago? How does this happen and the economy supposedly adds nearly a quarter of a million jobs?
http://www.cnbc.com/id/102734623 Originally Posted by JD Barleycorn
Why would anyone respond? You've shown repeatedly that when confronted with facts you will cling to your previously held beliefs. The economy is in much better shape than it was 6 years ago.
63 consecutive months of PRIVATE sector job growth(that's a record)
12.6 million jobs created over that time period
Obama is labeled a socialist and yet somehow he has presided over the longest consecutive streak of months for private sector job growth.
If you're going to disagree and dislike the guy, at least do it for honest reasons and not made-up bullshit.
What's congress doing, btw? Waiting around with their thumbs up their asses not funding the Export Import Bank or the Highway and Transit Trust Fund, that only accounts for about 700K jobs Originally Posted by WombRaider
Didn't the US GDP contract 0.9% a few weeks ago? How does this happen and the economy supposedly adds nearly a quarter of a million jobs? Originally Posted by gnadflyIt was .07 and that's an annual rate. In the reverse, GDP growth doesn't always translate to job growth.
Why would anyone respond? You've shown repeatedly that when confronted with facts you will cling to your previously held beliefs. The economy is in much better shape than it was 6 years ago.Talk about lying. Lets see those citations Baby Killer. Oh, lets try to avoid that six year thing again. That's just a cop out. Given that Obama started in a downturn it isn't hard to have growth for many months. Don't give him credit for what the people are doing unless you can cite a specific that caused that growth. Plus, even MSNBC is starting to suggest that the job numbers have been doctored for public consumption.
63 consecutive months of PRIVATE sector job growth(that's a record)
12.6 million jobs created over that time period
Obama is labeled a socialist and yet somehow he has presided over the longest consecutive streak of months for private sector job growth.
If you're going to disagree and dislike the guy, at least do it for honest reasons and not made-up bullshit.
What's congress doing, btw? Waiting around with their thumbs up their asses not funding the Export Import Bank or the Highway and Transit Trust Fund, that only accounts for about 700K jobs Originally Posted by WombRaider
It was .07 and that's an annual rate. In the reverse, GDP growth doesn't always translate to job growth.It was .7% and it was for the QUARTER and not some annual measurement. The second quarter just entered it's last month. We'll see how those numbers work out. Guess they'll just blame the weather again.
http://www.forbes.com/sites/sagework...g-many-jobs-2/ Originally Posted by WombRaider
Talk about lying. Lets see those citations Baby Killer. Oh, lets try to avoid that six year thing again. That's just a cop out. Given that Obama started in a downturn it isn't hard to have growth for many months. Don't give him credit for what the people are doing unless you can cite a specific that caused that growth. Plus, even MSNBC is starting to suggest that the job numbers have been doctored for public consumption. Originally Posted by JD BarleycornWhy would I lie when the numbers are right there in the article? If you don't want to believe them, that's your problem, not mine. So now you acknowledge that Bush left him a bag of shit. So he gets credit for all the bad things that happen and none of the good, is that right? That sounds like jesus fucking christ. Except he gets credit for all of the good and none of the bad.
It was .7% and it was for the QUARTER and not some annual measurement. The second quarter just entered it's last month. We'll see how those numbers work out. Guess they'll just blame the weather again.You're correct that it was .7, but wrong about it being quarter. It was FOR the quarter, but it's an annual rate.
No one said that GDP and job growth were the same. However, when the economy contracts there is usually some job loss but maybe the next quarter when things settle down and employers take stock. Originally Posted by JD Barleycorn
Didn't the US GDP contract 0.9% a few weeks ago? How does this happen and the economy supposedly adds nearly a quarter of a million jobs? Originally Posted by gnadflySomebody elsewhere says that those quarter of a million job adds are part time and when part time jobs are lost there is no UE to collect so it doesn't affect those statics negatively.