The leading index of economic indicators has risen almost a full percent in the last month, which means that the economy is improving under Obama, right? Hold on, folks. I am about to show you a little sleight of hand here.
If the economy is so good, then why is our economy still shedding almost half a million jobs per week? From this second article, we glean a little truth about the REAL situation with our economy:
Here, the article reports that unemployment claims have gone up 2 weeks in a row. Administration economists tell us that, at this time of year, blips are to be expected, but the overall unemployment rate is dropping. However, this one sentence paragraph says it all.
Those who slip into extended benefits are NOT COUNTED. A little smoke and mirrors here folks, more than worthy of the kinds of misrepresentations that Bush was known for. Yes, this recession began under Bush, and Obama promised change. And Obama kept his word. There IS change - LOTS of change. Unfortunately, it is not the kind of change Obama told us we would get. As a used car salesman, I truly believe that President Obama would earn "salesman of the year". And that's what it is, folks - A superb sales job, using nothing but smoke and mirrors. P. T. Barnum, move over. You have some serious competition now. Meanwhile, the screwing of the American people continues.But the slide may signal that more filers are dropping off those rolls into extended benefits.