Posts Tagged ‘16.2%’

You Call It ‘Obamanomics,’ I Call It ‘The Jobs Holocaust’

July 12, 2011

Quote:

The total number of people who were truly unemployed in June was 25.3  million.

And man that sucks (with “sucks” meaning, “swallowing everything in its path,” like a black hole of doom).

Real Unemployment Rises to 16.2% in June — 25.3 Million People
Friday, July 08, 2011
By Matt Cover

(CNSNews.com) – The real unemployment rate rose to 16.2 percent in June, the Bureau of Labor Statistics (BLS) reported on Friday, marking a return to levels not seen since January 2011.

The “real” unemployment rate is technically a combination of three measures of unemployment: the unemployment rate, the number of people working part-time who want full-time work, and the number of people “marginally attached” to the workforce.

Those who have left the workforce but would still like to be employed are considered marginally attached.

This figure is considered a more complete measure of unemployment because it captures a broader spectrum of those affected by the weak economy. Merely counting those who apply for unemployment benefits as “unemployed” does not fully account for everyone who is out of work or underemployed.

This real unemployment rate – known as the U6 rate – has been climbing since February 2011 when it was at 15.9 percent. Real unemployment peaked in October of 2009 at 17.4 percent, before falling into the 16 percent range for much of 2010.

It now appears that the real unemployment rate is returning to its 2010 levels, trending upward after staying slightly below 16 percent from February to May.

The total number of people who were truly unemployed in June was 25.3 million — the 14.1 million who were unemployed, the 2.7 million who were marginally attached to the workforce and the 8.6 million who were underemployed.

Here’s an official statistic from the BLS for all of you “Bush-blamers”:

 

Oh, yeah, that Bush was a real job murderer, he was.  Good thing we’ve got Obama now righting all those Bush wrongs.

The problem is that Obama isn’t “right” about ANYTHING.  Which leaves the American people pretty much screwed.

Understand something: the Obama administration assurred us that his $3.27 TRILLION stimulus boondoggle would have unemployment down to 6.5% by now.  But rather than acknowledging that Keynesian economics just dug its own grave, hopped in, and covered itself up with dirt where it should remain for all eternity, we are instead met with statements of fanatic religious faith that “the stimulus saved us from a depression.”

This from the same bunch of geniuses who damn Bush for his overall 5.26% unemployment rate and absolving Obama for his 9.3% unemployment average during his three years to date.

5.26%.  Bill Clinton paved the streets with gold, we are all told.  And HIS unemployment rate average was 5.2% (i.e., pretty much the same as Bush’s).  And then consider the fact that George Bush also had to deal with the Dotcom bubble collapse that began under Bill Clinton (which wiped out 78% of the Nasdaq stock exchange and vaporized $7.1 TRILLION in wealth) to go along with the 9/11 attacks and the two wars they necessitated.

Bush really doesn’t look bad at all, in hindsight to the failure Obama has brought America.  But a failed demagogue Big Brother needs to have an Emmanuel Goldstein to bear the blame.  That trick has been around since failed leaders have been around.

This is God damn America.  And I suppose you can think of it this way: in God damn America, you DO have a job.  In God damn America the only job you really need is the one you’ve got bearing the wrath of God for voting for the most evil president in American history.

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Audacity Of Indifference: Obama Believes American People Too Ignorant, Selfish To Understand Truth About His Path To Economic Disaster

July 9, 2011

The average American does not view the economy through the prism of GDP or unemployment rates or even monthly jobs numbers,” Obama top political advisor David Plouffe said.

That’s good for Obama, given that Obama promised the American people that if his $3.27 TRILLION stimulus porker was passed, unemployment would go down to 7.1% by now, and instead it just rose to 9.2%.

Plouffe’s comment was brought up to White House press secretary Jay Carney, who had even more to say about just how profoundly stupid Obama believes the American people are:

Earlier this week David Plouffe, one of Obama’s senior advisers and an architect of his 2008 campaign, was panned for saying “the average American does not view the economy through the prism of GDP or unemployment rates or even monthly jobs numbers.”

In a condescending way, White House press secretary Jay Carney basically told the press corps  the same thing. Carney told ABC News’ Jake Tapper that Americans talk to each other about their feelings of the economic situation rather than “analyze the numbers.”

“I don’t know where, you know, the voters that some other folks might be talking to — but — or — but most people do not sit around their kitchen table and analyze GDP and unemployment numbers,” Carney said. “They do not sit around analyzing The Wall Street Journal or other — or Bloomberg to look at the — you know, analyze the numbers.”

It’s too darn bad we don’t know how to read, analyze or think, or we’d know what a total abject failure Jay Carney’s boss truly is.  If we could just learn to read or count, we’d fix Barry Hussein good in 2012.

Carney began this dissertation on the ignorance of the American people by first saying,

“Well, I understand that we’re engaged in the – or rather, the Republicans are engaged in a primary campaign, trying to get some media attention.”

As though that should somehow insulate Obama to whatever they say (we know that Obama has NEVER campaigned, and transcends politics the way the gods transcend humanity, after all).

I came across someone who did a good chunk of the assessment of Obama’s latest job figures and the reality of the pain that increasing numbers of Americans feel as a result of Obama’s economy for me:

You’re a just bunch of dullards who don’t care about unemployment, or the deplorable state of the U.S. economy, or the out of control spending by a socialist kleptocracy.

Here’s the numbers:

The GDP is the measure of a country’s output at any given time. The nation’s $14 trillion+ debt now equals the TOTAL  U.S. GDP, and exceeds the world’s economic output.

The official unemployment estimate is 9.2%, but when you figure in all of the people who simply stopped looking for work or have run out of unemployment benefits that percentage increases.

According to the Bureau of Labor Statistics: Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force, now stands at 16.2%.

I analyze Obama’s abject, deliberate destruction of America’s economy, every day.    Jobs, along with businesses are leaving America thanks to the idiotic regulations, high taxes, the trade deficit, government spending, and unions that price their people and jobs right out of the country.  Tens of thousands of jobs have moved to communist China, which means we’re propping up an enemy of the United States with capitalist dollars.

But the American people are too damn stupid to understand all of that.  How can the ignorant dirty masses possibly understand?  It is better that Obama TELL THEM what to think, is it not?  And no one should listen to Republicans, after all; they’re campaigning, you know.  And Obama would never do anything so crass as that.

Still, Carney’s hand-waving dismissal of the Republicans’ points make it somewhat interesting to find out what those points actually ARE:

Tim Pawlenty pointed out that Obama is “dangerously detached.”  That whole “I feel your pain” thing is simply absent from Obama.  He stands far too far above us to feel or understand our mortal pain.  Our duty is to worship our messiah and have faith in him and in his Marxist ideology come what may.

But Mitt Romney probably most hit the nail on the head:

“Today’s abysmal jobs report confirms what we all know – that President Obama has failed to get this economy moving again. Just this week, President Obama’s closest White House adviser said that ‘unemployment rates or even monthly jobs numbers’ do not matter to the average American.

“If David Plouffe were working for me, I would fire him and then he could experience firsthand the pain of unemployment. His comments are an insult to the more than 20 million people who are out of work, underemployed or who have simply stopped looking for jobs. With their cavalier attitude about the economy, the White House has turned the audacity of hope into the audacity of indifference.”

That opens the door to another thing Obama assumes you are: too selfish to care about other people.

If you have a job, or are getting your welfare check from the government that the government has redistributed from someone who IS lucky enough to have a job, you clearly don’t give a damn about how much millions of Americans are suffering.  That was at the heart of both David Plouffe’s and Jay Carney’s point.  Let me provide the full David Plouffe (did I mention he’s Obama’s TOP political advisor?) statement:

“The average American does not view the economy through the prism of GDP or unemployment rates or even monthly jobs numbers,” Mr. Plouffe said. “People won’t vote based on the unemployment rate; they’re going to vote based on: ‘How do I feel about my own situation? Do I believe the president makes decisions based on me and my family?’

That’s right: if I’m doing okay, or at least if my family’s getting enough of the welfare pie, screw America.  Who gives a damn if everybody’s out of work?  I’m a DEMOCRAT; I’m getting MINE.  Barry Hussein took somebody else’s money and gave it to me so I’d vote for him.  Screw America, screw the American people and screw the unemployment rate.

Amity Schlaes made a good point about the Great Depression in her book The Forgotten Man: “The Great Depression wasn’t that bad if you had a job.”  And that was true; particularly if you didn’t give a damn how much other people were suffering as a result of FDR’s terribly failed and immoral policies that kept America suffering for seven full years longer than was necessary.

Obama assumes that a majority of American voters are as selfish and self-centered as he himself has proven to be in his personal life before running for president.  Did you know, for instance, this about Barack Obama?

Prior to his run for President, Barack and Michelle Obama were in the top 2% of income earners, but actually gave less than the average American in charitable giving.

Obama gave .4% of his income.  In spite of being rich, and being in the top richest 2% of Americans, Obama gave only $1,050 to charity.  When the average American household (that’s mostly us in the bottom 98%) gave $1,872, which was 2.2% of their incomes.

For the record, Barack Obama was 450% more selfish, more stingy, more greedy and more self-centered than the average American.  Even though the average American had nowhere NEAR Obama’s wealth.  And that is a documented fact.  And let’s also consider how much Michelle Obama earned by receiving lavish political patronage because of her husband’s career.

And then you find that as cheap and chintzy and stingy and selfish as the redistribution of wealth president (a.k.a. Barry Hussein) was before he decided to run for president, his vice president was even STINGIER.  Because Joe Biden gave less than one-eighth of one percent of his wealth to charity.

And, of course, Democrats who lecture us on “paying our fair share” while they either welch on their debts, refuse to contribute to charity, cheat on their taxes, or all damn three are a dime a dozen.  Let’s have a few prominent examples: Bill and Hillary Clinton, who have largely welched on Hillary’s campaign debts.  There’s Charlie Rangel, the man who chaired the committee that wrote the tax laws while not bothering to pay his own damn taxes.  There’s “Turbo Tax” Timothy Geithner, the man in charge of the Treasury and I.R.S. who didn’t bother to pay his own taxes.  There’s former Democrat candidate for president John Kerry, a millionaire, who tried to wriggle away like the worm he is from paying the taxes he should have paid on his yacht.  There’s Kerry’s wife and fellow Democrat Teresa Heinz-Kerry, who in spite of inheriting the Heinz fortune actually pays less in taxes than the median American family.  And then there’s a bunch of more garden variety cockroach Democrats such as Eric Holder, Tom Daschle, Bill Richardson, and Claire McCaskill.  And the vile putrid bunch of Democrats running Bell, California.

And let me throw in “San Fran Nan” Nancy Pelosi into the mix.  Here’s an already filthy rich woman who increased her wealth by 62% last year while millions of Americans are suffering.  She’d certainly be one who would say, “Screw America, screw the American people and screw the unemployment rate; I’m getting MINE.

These are the hypocrite vermin who constantly lecture us about how “the rich should pay their fair share.”  And these slime certainly should.  But of course, while they screech the Marxist screed of class warfare, they know that they’ve written the tax laws to benefit themselves and their supporters – to the extent they even bother to follow those tax laws that they demand everybody else follow to begin with.

“The audacity of indifference.”

Barack Obama and the Democrat Party don’t care if millions of Americans are out of work and suffering as the result of their policies.  All they frankly cynically care about is whether they can exploit that suffering to their own political advantage.  And whether the American people are ignorant enough and selfish enough to fall for their lies.