Originally Posted by
onmyknees
Interesting chart...where'd ya lift that from? Unless I see some references along with that chart, it's as meaningless as a pollster with an agenda asking questions to manipulate the answer. Why does it not include the amount of unemployed? The chart looks to me as though it shows job gains...not loss....therefore not net. Thus the need for reference material. For example...what good is it if you're creating 50,000 and losing 75,000 ? It appears by your chart, the average is about 150,000 jobs for the past year. At that rate, it will take 7 years to get to a 5% unemployment rate. Look....anybody who studies these numbers can cook them any way they like.For example the unemployment rate does not include the number of people who have dropped out of the work force. But alas....aren't they still unemployed?
Ever hear of Austan Goolsbee? He's Obama's former chairman for the council of economic advisors. A numbers guy...Here's what he had to say on Friday....
A recent unemployment report found that even though the unemployment rate declined, 50,000 people left the labor force. “As bad as the unemployment rate has been, the actual job situation in the country has been worse than that because these ways that they don't get measured.”
Almost six million Americans classified as “discouraged workers,” or rather those who have lost hope, are not counted in the unemployment numbers. Economist Aparna Mathur says if these people were counted, “That number is really almost double the official unemployment rate. And that sort of gives you a much better, a much more realistic picture of the labor market.” ( READ THAT AGAIN)
I think in this case, I'll let Obama's economists words speak for themselves, and disregard your colored charts, with all due respect. And one more thing....all those policies you mention that Obama implemented to get this economy roaring...care to elaborate what they were? Oh....the stimulus...that's right. Borrowed money..... deficit spending...Just when do we pay that back? Or do we borrow another trillion to pay back the first trillion? That's the catch 22 of deficit borrowing. Nothing is going to convince you so in the end it's useless. The election won't be won on questionable charts. If the private sector is creating 500,000 jobs a month by November, he may be on his way to a second term...if not you'll jump off a cliff with the rest of the lemmings. It's that simple. And I can't wait !!