“Altogether more private sector jobs were created in 2011 than any year since 2005,” Mr. Obama said during a visit to the Consumer Financial Protection Bureau Friday. “There are a lot of people that are still hurting out there. After losing more than 8 million jobs in the recession, obviously we have a lot more work to do. But it is important for the American people to recognize that we’ve now added 3.2 million new private sector jobs over the last 22 months — nearly 2 million jobs last year alone.”
The problem is this man is a liar from the bottom of the pit of hell.
You want to see the hell that unemployment hell Obama has given us in a single graph?
No, no, you silly liberal: that’s not a rocket ship blasting up into space; that’s your messiah’s average duration of unemployment that is blasting straight up into the stratosphere.
Thanks for that “fundamental transformation” of America, Barry Hussein.
And here’s the truth about how many jobs Barack Obama HAS DESTROYED, as measured by the labor force participation rate (which for you liberals is the percent of people who are actually PARTICIPATING in the labor force):
Yes, liberal, I know. That DOES look like a rocket ship plunging out of space on its way to a terrible crash. But that’s what happens when you give a fool the U.S. economy.
The labor force participation rate was 65.7% on January 2009 when Bush left office. It was 64% as of December 2011. And when you’re talking about a working-age population the size of America’s that 1.7% is HUGE.
Obama isn’t creating jobs; he’s DESTROYING JOBS.
Even Ezra Klein states that if the same labor force participation rate applied from the Bush years, the actual Obama unemployment rate would be at 11 percent. James Pethokoukis of Reuters calculated it at 11.3 percent. And Tyler Durden using the most recent data calculates it at 11.4%.
That’s the truth. If you pay attention to the actual facts and ignore Barack Obama’s lying mouth and the propaganda of the mainstream media.
The actual work force – thanks to Barack Obama’s morally and logically depraved policies – is 2.5 million jobs smaller than when he took office. That’s how many jobs have simply ceased to exist.
The reason the unemployment rate is going down is because it is measured in a fraudulent manner that does not take into account the discouraged workers who are simply dropping out and abandoning the work force. Because the reality of the Obama failure has crushed every reality they have ever cherished. For them, “hope” is dead. And “change” is hell.
The unemployment rate as it is “officially” calculated has the rather nasty omission of refusing to count the long-term unemployed. That works out great for the president who has created more people who have not had a job, can not get a job, and frankly have given up even trying to look for a job, than any president in American history.
As I pointed out nearly a year ago, at the ‘rate’ we’re Going, we’ll have a 0% unemployment rate but no one will have an actual job.