The Joke That Is The U.S. Unemployment Rate: If We Used Same Metric As When Bush Was President, Unemployment Would Be Almost 12%

The day that George Bush said, “See ya, moral morons!” and sailed off into the sunset, the labor participation rate – the rate that measures the percentage of working-age Americans who actually have a JOB – was 65.7%.

Today participation just plunged (again) to match the lowest nadir of 1978.  Which is to say that Obama has taken America back nearly forty years.  And at least we still had a viable damn space program back then.

You need to understand the trick that is “the unemployment rate.”  The trick is when labor participation falls (which is a very, very BAD thing) the unemployment rate measurement artificially drops as well.

You have a negative rate which benefits whenever another rate happens to be measured in the same negative terms.  For example, let’s say I was calculating your “stupid rate.”  And part of the calculation involved multiplying by your IQ level.  And your IQ dropped by several points.  Well, wouldn’t your “stupid rate” go down too?  Of course it would.

288,000 people found jobs this month.  Which is the best showing in like 2 years under Obama.  Let’s forget the fact that that Obama’s most spectacular performance even adequately keep up with basic population growth.  Let’s also forget that 806,000 abandoned the workforce and just gave up hope of ever finding a job in God damn America.

That’s what’s going on with the unemployment numbers you’re seeing.  They’re getting better and better – but that’s because the number of people participating in the workforce is getting lower and lower which is driving a lower and lower measurement for unemployment.  It would be an easy fix: if we were to calculate the non-participation rate (100% minus the participation rate %), you would have a rising number to reflect the rising bad news of low labor participation which would thus provide a lower number for unemployment percentage.

But that would be honest.  And government is DIShonest to the core.

But here is the grim reality, if we were to stick the January 2009 labor participation rate that Bush handed off to Obama into the unemployment rate calculation, unemployment would be nearing 12 percent right now.  Which is Great Depression territory.

James Pethokoukis pointed this out last year (when the labor participation rate was better than it is now):

“11.4%: What the U.S. unemployment rate would be if labor force participation were back to January 2008 levels.”

Instead, the left is trumpeting the best unemployment rate since 2008, as if Obama magically solved all of our problems.  And I point out that this massive belief in disinformation is what the Bible prophesied would happen when Antichrist came: the Bible says he will literally be worshiped out of the (false) belief that he solved all the world’s problems.

It’s an amazing thing to watch the formerly greatest nation in the history of the world swiftly descend into pathetic weakness as an increasingly passive, narcissistic and depraved culture either tunes out or believes the lies they are spoon-fed by a mainstream media that provides far more propaganda than journalism.

If you want to know the truth about the U.S. economy under the misrule of Obama and his Democrat stooges, consider this:

“According to shocking new numbers that were just released by the Bureau of Labor Statistics, 20 percent of American families do not have a single person that is working. So when someone tries to tell you that the unemployment rate in the United States is about 7 percent, you should just laugh. One-fifth of the families in the entire country do not have a single member with a job. That is absolutely astonishing. How can a family survive if nobody is making any money? Well, the answer to that question is actually quite easy. There is a reason why government dependence has reached epidemic levels in the United States. Without enough jobs, tens of millions of additional Americans have been forced to reach out to the government for help. At this point, if you can believe it, the number of Americans getting money or benefits from the federal government each month exceeds the number of full-time workers in the private sector by more than 60 million.”…Zero Hedge April 29, 2014

One out of every five American families cannot point to a SINGLE member with a damn job.  And do you know what Democrats call that?  An economic miracle.

If you want to know the truth about the U.S. economy under the misrule of Obama and his Democrat stooges, consider this:

“Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief

Virtually EVERY SINGLE JOB Obama has “created” in the aftermath of his ObamaCare hijack-takeover of the health care system was a part-time job.  And overwhelmingly, those jobs are in food service and other low-end, low-wage, dead-end jobs.  And do you know what Democrats call that?  An economic miracle.

Look at America’s collapse relative to China if you want to know the truth.  Consider that China had 43% of the U.S. economic power when Bush was president.  And now they are just about to overtake us less than six years later, thanks to Obama and the Democrat Party control.

The deception and disinformation that now characterizes our president, our White House and the media that is supposed to serve as a check and balance, is amazing.

It wasn’t very long ago that you could say, “Read my lips…” and the average American could finish Bush’s broken promise: “no new taxes.”  That was because the media beat the drums on that broken promise day in and day out for the rest of his second term after Democrats who controlled both the House and the Senate forced him to do so.  Literally, the Democrats who forced Bush to raise taxes politically attacked him for doing the very thing that they had forced him to do.  There is no such parallel for Obama’s many broken promises, such as “you will not see any of your taxes increase one single dime.”  Obama has broken so many promises that it is beyond unreal; yet few remember because the media has simply refused to do its job of holding a man they basically worship accountable the way they rabidly held the Bushes accountable.  There is no question that Democrats forced Bush to break his promise; there is also no question that Republicans did NOT force Obama to break his many promises on taxes, on ObamaCare, on red lines, or on any of his many lies.  Yet the media tore into the man whose opponents forced him to break his word and have refused to attack the man who simply proved dishonest.  The American people KNOW Obama is a liar, but the media simply will not beat the drum to torment their messiah the way they so happily tormented Republican presidents.

A willingness to tolerate liars and the lies they tell is a prelude to a deceived nation.  And America is very much a deceived nation.

This is God Damn America.  This is America according to the wrath of God as described quite fully in Romans chapter one.  The Democrat Party has pissed in God’s eye and demanded He bring His wrath upon America with their sodomy “marriage” and their murder of God’s babies: one day Democrats will stand before God’s judgment and say they were Christians and Jesus will tell them according to Matthew chapter 25, “I tell you the truth.  When I was hungry and thirsty, these righteous ones fed Me.  When I was in naked, these righteous ones clothed Me.  Not so you.  When I was a baby in My mother’s womb you tore Me to shreds and murdered Me before I could live in your place and die for your sins.  Now depart from Me, you murderers, you worker of iniquity, for I never knew you.  You NEVER gave Me the chance to know you.”

All you have to do to know that America is experiencing the wrath of God as never before is to read about the terrifying weather and the worst droughts we have ever seen as Obama has led America into defying the God of Creation.

But as the Bible says, we live in an age where most of humanity blindly believes a lie, a delusion.  2 Thessalonians chapter 2 describes the coming global big-government dictator in the last days and St. Paul says in verses 11 and 12, “For this reason God sends them a powerful delusion so that they will believe the lie and so that all will be condemned who have not believed the truth but have delighted in wickedness.”

St. Paul goes on to describe the last days mindset in chapter three of 2 Timothy:

      1But realize this, that in the last days difficult times will come. 2For men will be lovers of self, lovers of money, boastful, arrogant, revilers, disobedient to parents, ungrateful, unholy, 3unloving, irreconcilable, malicious gossips, without self-control, brutal, haters of good, 4treacherous, reckless, conceited, lovers of pleasure rather than lovers of God, 5holding to a form of godliness, although they have denied its power; Avoid such men as these. 6For among them are those who enter into households and captivate weak women weighed down with sins, led on by various impulses, 7always learning and never able to come to the knowledge of the truth.

And that’s precisely where we’re at as a culture today.  We live in an age of radical human free will – so long as that radical human free will rises up in hostility to God and His righteousness.  If you try to use the “radical free will” that modern culture so values to stand for God and His ways, this sick, twisted, perverted, depraved culture will turn on you with stunning viciousness.

People’s minds are closed to the truth in these final days before the coming of the beast and his total government control that Democrats have been working to create for decades.

One of the foremost characteristics of bad people is that bad people believe lies and reject the truth.  And we live in an age where the lie dominates and the truth is harassed and persecuted.

I know that most of America will continue to believe the lies for the same reason I know that Jesus loves me: “the Bible tells me so.”

 

 

 

Tags: China, deceived, disinformation, families, labor participation rate, lowest since, overtake U.S. economy, unemployment rate, working, worst since