Friday, January 10, 2014
All Citizens are required to celebrate the good employment news!
Obama declared that he ended Bush's "recession" in June 2009, and started 'Obama's Economic Recovery', which has done the following for the American people:
1) The number of people has increased each and every month, just since Obama's "recovery", to historically record setting high numbers of people on 'Welfare', 'Food Stamps (EBT Cards), and 'Disability'. 47 million people on food stamps alone. Number of "disabled" has tripled.
2) While Obama, just since his "recovery" started, has dropped over 11 million people from the 'US Workforce', until today it's participation numbers are the lowest in the last 36 years, going all the way back to 1977 when the US population was less than 2/3rds of what the 2010 census tallied to be three years ago.
3) Over 92 MILLION Americans are now out of work, cannot find a job and are being supported by those who still have jobs.
But the cost of living has increased by as much a 30%, considering the rising costs of Health Care, food, housing, reduced wages and transportation, so the ability of those who work, to support the economy through consumer spending and taxes, is rapidly decreasing. But HEY! the economy is recovering "nicely", just slower than "expected". And there are no limits to how you can falsify Economic & "unemployment statistics"!
Put in perspective - 525,000 people left the work force. 74,000 people got jobs - 1/2 of which were temporary or part time, and the population increased by 150,000 people. According to my limited math skills, nearly 600,000 people became jobless in December alone.
The White House deems this as "encouraging progress". Spin it all you want - the entire population of Portland or Las Vegas lost their jobs - JUST THIS MONTH ALONE.
Our Comrades at al-Reuters unexpectedly found a dark cloud behind the silver lining, stating: "U.S. employers hired the fewest workers in almost three years in December." al-Reuters further notes that the new Unemployment Rate of 6.7 percent is the lowest since October 2008! Although they add this: "in part reflected people leaving the labor force."
Citizens are reminded that ALL news is GOOD news here in the Age of Obama! So having the Workforce Participation Rate at an all time low of 62.8% is, by definition, GOOD NEWS! Citizens are therefore ordered to celebrate!
To not do so would be racist and an offence.
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