Obama, the job creator!

Four more years of the Obama and we will all be pulling Chutney cabs for a living.

"All of this contradicting data, and much more, is instead consistent with the more grim reality that the economy is sliding back into renewed, double dip, recession. Real GDP growth has been in long term decline under President Obama, from 2.4% in 2010, to 2% in 2011, to only 1.6% in the first half of 2012, and 1.3% in the second quarter. During the first 3 years of Reagan’s recovery, economic growth was nearly 3 times as large."

http://www.forbes.com/sites/peterfe...t-rate-is-14-7-and-a-recessions-on-the-way/2/

desert dude said:

Four more years of the Obama and we will all be pulling Chutney cabs for a living.

"All of this contradicting data, and much more, is instead consistent with the more grim reality that the economy is sliding back into renewed, double dip, recession. Real GDP growth has been in long term decline under President Obama, from 2.4% in 2010, to 2% in 2011, to only 1.6% in the first half of 2012, and 1.3% in the second quarter. During the first 3 years of Reagan’s recovery, economic growth was nearly 3 times as large."

http://www.forbes.com/sites/peterfe...t-rate-is-14-7-and-a-recessions-on-the-way/2/

Click to expand...

As the nation’s premier Republican political consultant, Karl Rove has routinely employed the technique of attacking an opponent’s strength and making it a weakness. John McCain’s was a war hero who for years was held as a prisoner of war. In the GOP primary in 2000, George W. Bush benefited when Bush backers in South Carolina questioned whether McCain’s years as a POW might have affected him mentally. Democrat John Kerry was targeted by the Swift Boat Veterans who questioned his service in Vietnam. There are examples of the tactic in the current presidential race. For example, Barack Obama is considered a good speaker. Critics have sought to undercut that, saying he uses a Teleprompter.
Rove also employed the flip side — not just targeting the strength of an opponent but transferring your candidate’s weakness to an opponent. MSNBC TV personality Rachel Maddow examined in depth how Romney is doing just that. In stump speeches this week, Romney tagged Obama as a flip-flopper, a politician who’s “out of touch” with voters and candidate who plans to cut Medicare — all potential weaknesses for Romney. In a speech to newspaper editors, Romney said Obama won’t tell voters what he plans to do in a second term. Said Romney:

“He doesn’t want to share his real plans before the election, either with the public or with the press. He is intent is on hiding. You and I are going to have to do the seeking. He wants to us re-elect him so he can find out what he’ll actually do.”
Maddow said it’s actually Romney who’s been vague about his post-election plans – a weakness she says Romney sought to transfer to Obama. The former Massachusetts governor and GOP front-runner told the conservative magazine The Weekly Standard that when he challenged Ted Kennedy for Senate, he said he wanted to eliminate the Department of Education. “That was used to suggest that I don’t care about education. So i think it’s important for me to point out that I anticipate that there will be departments and agencies that will either be eliminated or combined with other agencies. Will there be some that get eliminated or combined? The answer is yes, but I’m not going to give you a list right now.”

"The U6 unemployment rate counts only 2.5 million of those 8.2 million who have given up hope and dropped out during the Obama years. The ShadowStats website, which counts the long term discouraged workers the government doesn’t count, reports the total rate for the unemployed and underemployed (part time for economic reasons) as 22.8%"

http://www.forbes.com/sites/peterfe...ent-rate-is-14-7-and-a-recessions-on-the-way/

desert dude said:

"The U6 unemployment rate counts only 2.5 million of those 8.2 million who have given up hope and dropped out during the Obama years. The ShadowStats website, which counts the long term discouraged workers the government doesn’t count, reports the total rate for the unemployed and underemployed (part time for economic reasons) as 22.8%"

http://www.forbes.com/sites/peterfe...ent-rate-is-14-7-and-a-recessions-on-the-way/

Click to expand...

U-6 unemployment rate has dropped an equal amount

No matter how you try to measure it

Unemployment has gone down

ChesusRice said:

U-6 unemployment rate has dropped an equal amount

No matter how you try to measure it

Unemployment has gone down

Click to expand...

Actual statistics be damned! You are truly an Obama voter.

http://portalseven.com/employment/unemployment_rate_u6.jsp

ChesusRice said:

U-6 unemployment rate has dropped an equal amount

No matter how you try to measure it

Unemployment has gone down

Click to expand...

desert dude said:

Four more years of the Obama and we will all be pulling Chutney cabs for a living.

"All of this contradicting data, and much more, is instead consistent with the more grim reality that the economy is sliding back into renewed, double dip, recession. Real GDP growth has been in long term decline under President Obama, from 2.4% in 2010, to 2% in 2011, to only 1.6% in the first half of 2012, and 1.3% in the second quarter. During the first 3 years of Reagan’s recovery, economic growth was nearly 3 times as large."

http://www.forbes.com/sites/peterfe...t-rate-is-14-7-and-a-recessions-on-the-way/2/

Click to expand...

i'll go ahead and blame the GDP growth on the republican house, since the democratic house is always the one receiving the blame for the last two years of bush deficits.

now, as far as employment goes, the numbers would be much better if, like reagan and bush I and bush II, obama had piled on government jobs instead of cutting government jobs.

Carthoris said:

Click to expand...

I cited my source
Cite yours

Vote for Obama. Work part time at McDonald's.

"

• U1 : Percentage of labor force unemployed 15 weeks or longer.
• U2 : Percentage of labor force who lost jobs or completed temporary work.
• U3 : Official unemployment rate per ILO definition.
• U4 : U3 + "discouraged workers", or those who have stopped looking for work because current economic conditions make them believe that no work is available for them.
• U5 : U4 + other "marginally attached workers", or "loosely attached workers", or those who "would like" and are able to work, but have not looked for work recently.
• U6 : U5 + Part time workers who want to work full time, but cannot due to economic reasons."

http://portalseven.com/employment/unemployment_rate_u6.jsp

desert dude said:

Vote for Obama. Work part time at McDonald's.

"

• U1 : Percentage of labor force unemployed 15 weeks or longer.
• U2 : Percentage of labor force who lost jobs or completed temporary work.
• U3 : Official unemployment rate per ILO definition.
• U4 : U3 + "discouraged workers", or those who have stopped looking for work because current economic conditions make them believe that no work is available for them.
• U5 : U4 + other "marginally attached workers", or "loosely attached workers", or those who "would like" and are able to work, but have not looked for work recently.
• U6 : U5 + Part time workers who want to work full time, but cannot due to economic reasons."

http://portalseven.com/employment/unemployment_rate_u6.jsp

Click to expand...

translation: "i am ultra butthurt that americans are going back to work, so i am going to use a metric that we don't really use to measure unemployment in a retarded effort to vindicate myself"

desert dude said:

Vote for Obama. Work part time at McDonald's.

Click to expand...

Damn dude, I've got like 3 degrees! Can't I at least get full time?

UncleBuck said:

translation: "i am ultra butthurt that americans are going back to work, so i am going to use a metric that we don't really use to measure unemployment in a retarded effort to vindicate myself"

Click to expand...

That's funny. Chessus chose U6, not me. I just thought it might be enlightening to see the actual definition of U6.

Personally, I much prefer shadowstats that shows unemployment running at 14.7%

brotherjericho said:

Damn dude, I've got like 3 degrees! Can't I at least get full time?

Click to expand...

Sorry, buddy. Cheesus and Obama are pushing you into U6. Part time for everybody.

desert dude said:

That's funny. Chessus chose U6, not me. I just thought it might be enlightening to see the actual definition of U6.

Personally, I much prefer shadowstats that shows unemployment running at 14.7%

Click to expand...

translation: "nuh-uh! unemployment is not going down! if you use this metric that no one uses, it has actually gone up! my DEA loving ass is vindicated!"

desert dude said:

Sorry, buddy. Cheesus and Obama are pushing you into U6. Part time for everybody.

Click to expand...

What metric you wanna use?

They all went down

"Of the 12.1 million the government does count as unemployed, a record 40.1% are long term unemployed for more than 6 months. Despite the President’s rhetoric on the campaign trail about manufacturing coming back under his policies, manufacturing jobs declined by another 16,000 last month, making a total decline of 38,000 in the last two months."

http://www.forbes.com/sites/peterfe...ent-rate-is-14-7-and-a-recessions-on-the-way/

desert dude said:

"Of the 12.1 million the government does count as unemployed, a record 40.1% are long term unemployed for more than 6 months. Despite the President’s rhetoric on the campaign trail about manufacturing coming back under his policies, manufacturing jobs declined by another 16,000 last month, making a total decline of 38,000 in the last two months."

http://www.forbes.com/sites/peterfe...ent-rate-is-14-7-and-a-recessions-on-the-way/

Click to expand...

oh, my.

a two month lull!

the sky is falling! DEA dude said so!

Hey desert dude I have a question. Considering almost every major world economy is in a shit hole right now. What would be a realistic time frame that we should be out of this recession? Its not like everyone else is doing great and we are lagging.

Peace
Salt

ChesusRice said:

U-6 unemployment rate has dropped an equal amount

No matter how you try to measure it

Unemployment has gone down

Click to expand...

There is about 300,000 more 18 year olds every month. Even a retard can do the math.

300,000 more people needing jobs, 114,000 jobs created..... if they were being honest, the unemployment figure could not go down unless we made more than 300,000 jobs.

Job report: Added 114,000 jobs, but 873,000 more people found jobs. More retard math....

There is about 150,000,000 jobs from the numbers I pull up. Ill do the numbers quickly and rounded off so it is easier to calculate. 150,000,000 x 8% = 12 million. That means that there is about 160-165 million people working and looking for work.(because 8% isn't 8% of 150,000,000. 8% is of the total number, it gets close enough for our needs here though).

There are 100 million people in the country that are of working age that don't have jobs. 12 million officially unemployed and 88 million 'not in work force'. Even the BLS admits that labor force participation rates are now at the levels they were in 1984.

The real question: How can unemployment % go down while the participation rate in the labor force % goes down? The Answer: IT CAN'T.. that is.. unless you stop counting people. Another word for that would be lying.

Seriously... this is one of the most grievous and outright lies I have ever seen from our government.