There's already a thread on this
Here's what I posted in the other thread. Still looking for an answer - I'm no economist
The article says that jobs were cut overall
If the total number of jobs is down, doesn't falling unemployment just mean that a large number of people are no longer looking for jobs, and so don't factor into the numbers despite being unemployed? If that's true, is falling unemployment still a good thing?A net total of 247,000 jobs were lost last month, the fewest in a year.
"President Barack Obama on Friday welcomed a dip in unemployment as evidence "the worst may be behind us" with the recession well into its second year. Earlier, however, the White House said that the president still expects unemployment to hit 10 percent sometime later this year."
White House still warns of 10 percent jobless rate - Yahoo! News
Not good news. If the economy hits 10% later this year, I doubt it will get below 9% by January.
"Republicans believe every day is the Fourth of July, but the Democrats believe every day is April 15." -Ronald Reagan
Who basically said, if the economy continues to struggle its all Obama's fault. If it improves....well....that's just "natural cycle".
I tried to get him to commit to a deal whereby I agreed that if the economy doesn't improve Obama should take the blame....if it improves he should get the credit.
Any guesses on whether the "good Rev" was willing to commit?
Women (Nasty or otherwise) are going to be the reason that Donald Trump is NEVER President!
Anyone seen this article, it was up yesterday, please post a link.