A valiant attempt at telling the truth, but you just couldn't get it done.
You need to check your statistics. The labor force is smaller now than it was 3 years ago. 7 million people have abandoned the job market. That's a full 2% increase from when Obama took office. 1 million MORE workers have been unemployed for longer than 28 months than there were at the recession's end. The median length of unemployment has increased from 17 weeks to 19 weeks under Obama. Now pay attention, you take 7 million people out of the job market, they don't get counted in the unemployment number!!! If you add them back in, unemployment is over 10%!
So, you can spin numbers around all you want. The simple fact is that the labor force has shrunk. Fewer people are working. 7 million people have abandoned the job market who aren't figured into unemployment numbers. The economy must generate over 200,000 jobs per month to see any movement in the unemployment number. Your screwed up math about job creation is just laughable. He keeps bragging about 4.4 million new jobs. In the bounce from the 1981-82 recession, we created 9.5 million new jobs, over twice as much as under Obama.
If your claim is that more people are working, then how do you explain the explosion in the food stamp roles? How do you explain the increase in the poverty rate? And how do you explain why median household incomes are down? And how do you explain why the government felt like it needed to extend unemployment benefits out to 99 weeks? How do you explain the 40 year low for new business start ups?
My stats come straight from the Bureau of Labor Statistics. Now, I'm going to link the cite, and you can go see for yourself. Here's the simple fact my friend.
In August of 2009, the Labor Force Participation rate was at 65.5%, and the Employment Population ratio was 59.2%. Fast forward to July 2012, just last month. The Labor Force Participation rate was at 63.7%, and the Employment Population Ratio was at 58.4%. Translation: THERE ARE FEWER PARTICIPATING WORKERS IN THE WORK FORCE THAN THERE WERE 3 YEARS AGO.
http://www.bls.gov/news.release/archives/empsit_08032012.pdf
The Participation rate is the percentage of age eligible workers who are actively working. I don't know how or why you don't understand these simple figures. The amount of jobs created hasn't kept pace, and it's not even close, because there are fewer people working in America today than there was 3 years ago. 7 million people have abandoned the labor market. Long term unemployment has risen. The median time of unemployment has risen. Food stamp roles have risen. New business start ups have dropped to a 40 year low. Unemployment crept up this last month. Median household incomes have dropped. Home foreclosures have risen.
I mean, all of these are clear indicators that job creation is horrible. There are more people leaving the labor market than are entering, and liberals like to run around and say we are headed in the right direction. And you have the audacity to say that conservatives are the delusional ones? lol....ok. No, I'm not delusional. Delusion would be to say we are headed in the right direction, when in fact, every economic indicator out there points to us heading in the opposite direction.
Here's another quote, straight from the report: "In July, 2.5 million persons were marginally attached to the labor force, down from 2.8 million a year
earlier. (These data are not seasonally adjusted.) These individuals were not in the labor force, wanted
and were available for work, and had looked for a job sometime in the prior 12 months. They were not
counted as unemployed because they had not searched for work in the 4 weeks preceding the survey."
Get that? Even the number of people "marginally" attached to the labor force is down by 300,000. It's down much more than that over the 3 year period.
So excuse me if I take my own intelligence over your thread posts. I can read a report as easily as the next guy. And you're wrong.
