Posts Tagged ‘jobless’

June Jobs Report: Disgraceful Job Numbers For A Completely Failed President

July 6, 2012

80,000 jobs.  Do you know how pathetic that is?  We need an absolute minimum of 125,000 jobs a month (in light of our 313 million citizens it’s more like 200,000) just to begin to keep up with population growth.  And when you consider Obama’s godawful labor participation rate and the number of working-age Americans who have just been cast out during the cancer of this presidency, it is an abject disgrace.

But here’s the thing: you listen to Obama campaign and you’d think the last four years didn’t happen.  He’s mouthing the same garbage that he was blathering when he was running for president in 2008.  Nothing bad has happened (“the private sector’s doing fine”) or it’s anybody and anything else’s fault but the man who sits behind “the buck stops here” desk in the Oval Office.

Barack Obama is the most narcissistic, the most ignorant, the most naive and the most demagogic president America has ever seen.  Bar none.

Obama told us that the answer to the bad economy was a government takeover of the private economy via his stimulus.  He took office when unemployment was 7.6 percent.  If his stimulus passed, he promised, unemployment would never get to 8 percent – and in fact by this time (July 2012) unemployment would be 5.5 percent.  History proves that Obama was completely wrong and has absolutely no idea whatsoever how to get an economy moving.  All he can do is count on people to believe the same lies he’s been making for years and idiotic things.

One of the idiotic things you’ve got to believe is a flip side of Obama’s “I’m the president who got bin Laden” argument.  On this view, had George Bush had another term or even two more terms, he never would have been able to get bin Laden.  And of course Bush couldn’t have got bin Laden because he’s not Obama, and only Obama could have ever got bin Laden.  It doesn’t matter if the military loved Bush far more than Obama, or that the esprit of the CIA was far, FAR higher under Bush; only Obama could possibly have got bin Laden.  End of discussion.  It wasn’t just a matter of time as Bush said it would be; it was Obama personally nailing bin Laden with his sheer magnificent wonderfulness.

If you apply this same mindset to Bush and the economy, we had a terrible economic hit (actually caused by liberals who recklessly ran Fannie Mae and Freddie Mac into the ground, but that’s another story) and as Bush left office we were lost 700,000 jobs in just one month.  And the religious doctrine that all Democrats must believe as an article of their faith in messiah Obama is that if Bush were still president today, we would have continued to lose 700,000 jobs every single month and unemployment would be 30 percent today.  And of course Obama’s otherwise godawful performance now looks GREAT if you consider the 30 percent unemployment that we would of course had had under George Bush.  Never mind facts like no recession has ever lasted forever; and never mind that there have only been TWO times when America didn’t come roaring back from a bad recession and both occurred under socialist presidents (Obama and FDR).  The average recession lasts 11 months.  And historically we get very strong recoveries out of recessions.  But if Bush were still president it would have lasted forever and ever and ever.  And only messiah Obama can possibly deliver us.  Because Mitt Romney is the devil.  And do you want a rich, evil, vulture capitalist vampire monster to be your president when you could have more Obama instead???  Hint: if you say “yes” you’re clearly a racist.

So we listen to Democrats demonize “the failed Republican policies” that got us into this terrible mess and we believe their narrative that of course Obama must never be blamed for anything negative but must be given total credit for anything positive.  We are taught to not remember that George W. Bush – who himself inherited a terrible recession with the DotCom bubble burst that happened on Clinton’s watch and which wiped out $7.1 trillion in American wealth – ended his presidency with a 5.26 percent overall unemployment rate.

5.26 percent.  That’s not bad for a president who inherited the DotCom bubble collapse which vaporized $7.1 trillion in American wealth and annihilated 78% of the Nasdaq Exchange valuation before we here hit on 9/11 due to Bill Clinton’s gutting the military and intelligence budgets while he emboldened Osama bin Laden into believing that America was a paper tiger.

If we extrapolate pure liberal demagoguery and simply utterly refuse to consider history, then Obama is the answer.  Otherwise this pathetic president truly and profoundly sucks.

So let’s let the messiah who has an average unemployment rate of 9.16 percent through June 2012 assure us that the president who had a 5.26% unemployment rate was terrible for jobs.  And we’ll believe him because this is God damn America and God damn America is under a spirit of delusion.

Yesterday (July 5) I had CNBC’s Larry Kudlow program on, and Kudlow had two economists representing a liberal (Dean Baker) and conservative (David Goldman) perspective.  Baker had an optimistic view, believing that the Labor Department release today would show that we created a lousy but-comparatively great 165,000 jobs in June; Goldman believed the report would be even worse than the economists’ consensus view of 125,000 jobs and we’d get only 100,000 jobs.  To make it even more interesting and show just how LOUSY liberals and liberalism are, Baker demagogued Goldman and accused him of merely ticking off “talking points” as compared to Baker who was of course examining the NUMBERS.

And Dean Baker documented just who was the ideologue living in a world of talking points: 80,000 jobs.  Not even HALF of his shockingly idiotic estimate.  And it was the conservative and his “talking points” who was right, right, RIGHT.

If it was a street fight, Goldman would be standing over Baker’s corpse and liberalism would be lying on the street DEAD.  But you just can’t kill this failed ideology of liberalism off in a “civilized” world.  They just get to keep screeching to fools and counting on the fact that there will always be ignorant, stupid, depraved people who believe that somebody else ought to be forced to support their failed lifestyles.

Stop and think about the difference of this “cancer presidency” and the Reagan recovery.  As voters considered re-electing Ronald Reagan, GDP was surging to 8.5 percent.  Under Obama, it’s 1.2 percent and we’re facing a double-dip recession.

Newsbusters has a great documentation of how incredibly propagandist the mainstream media was.  In May, 1984, when the jobs report for Ronald Reagan reported 269,000 jobs, the New York Slimes actually arbitrarily revised it DOWN by 19,000 jobs to 250,000 ostensibly to keep the numbers in increments of 50,000.  So if the New York Times were fairly “reporting” on Obama today, we’d have only 50,000 jobs created, wouldn’t we?  And whereas Obama’s numbers keep getting revised DOWN, Reagan’s for some mysterious reason were being revised UP: the revised jobs report for May, 1984 actually showed growth of 363,000 jobs.   Compare that to Obama’s jobs number above – recognizing that Reagan’s number was when we had a population of 235 million people versus 313 million today – and tell me that Obama isn’t wildly failing the American people.

The worst lies, according to the “lies, damned lies and statistics” proverb, are statistics.  And when liberals control the statistics, you get great news being depicted as lousy news and you get lousy news being depicted as great news.

Your biggest problem in being able to know the truth is that most of our “journalists” are Marxist propagandists who could have easily fit in at TASS during the Soviet days.

Ultimately communist “journalists” blamed seventy years of bad weather for why they couldn’t keep up with Ronald Reagan and an America that was being ran under conservative Republican policies.

And Obama is one of those Marxist ideologues trying to explain away failure and marginalize Reagan.  He makes me SICK with his rabid dishonesty.

Obama keeps demonizing Romney as standing for the “same failed Republican policies of the past.”  JUST LIKE RONALD REAGAN’S.

If you want to see “the failed policies of the past” you just take a look at Barack Obama’s utterly failed liberal policies of the last four years.  And as much as Obama has demonized George W. Bush, Barack Obama has never once even in his very best month been anywhere CLOSE to George Bush’s very worst month of unemployment.

Bill O’Reilly interviewed Bill Clinton and asked a question: Bill Clinton, George Bush, Barack Obama – who collected the largest revenue?

O’REILLY: I didn’t mind paying you that but do you know between… among you, Obama and Bush who had the highest tax receipts of all three of you? Do you know? Bush. So under prosperity the tax cuts under Bush more money flowed into the federal government.

Bill Clinton didn’t know (or more likely, knew but wouldn’t answer) and shook his head without responding: Bill O’Reilly supplied the answer: George Bush.  And that is because Tax Cuts INCREASE Revenues; They Have ALWAYS Increased Revenues.

For the record, if Barack Obama were held accountable to the labor participation rate that he inherited from George Bush, unemployment would be well over 11 percent right now.  The only reason that Obama’s unemployment number is as “good” as 8.2 percent is because Obama has destroyed millions of jobs and driven millions of Americans completely out of the work force where they are simply not even counted by the Labor Department.  The fact is that 88 million working-age Americans are not in the work force because of this completely failed presidency.  And the far better U-6 unemployment measurement has unemployment at 14.9%.

For the record, Bush’s U-6 rate was more than five points lower at this point in his presidency as he faced re-election.  To go with a 5.5 percent U-3 rate which is nearly three points lower.  But, hey, whatever we do, let’s not go back to “those failed policies.”

The “failed Republican policies of the past” don’t just refer to George Bush in late 2008 ( Democrats want you to believe that Bush was only president for the last few months of 2008 because the rest of his presidency looked pretty darn good); they refer to Ronald Reagan.

Let me tell you liberal pukes something: Ronald Reagan didn’t fail at NOTHIN’.

I wrote an article describing the grim economic indicators that were facing Ronald Reagan when he took office in 1980.  Jimmy Carter had said of the crisis, “It would be misleading for me to tell any of you that there is a solution to it.”

Unlike Jimmy Carter – and at this point it is very obvious to say, unlike Barack Obama – Ronald Reagan had a solution.  Under Reagan’s leadership, the US economy soared into the stratosphere.  Bill Clinton became part of that Reaganomics solution when he acknowledged that “the era of big government is over” and cooperated with the Republicans who had swept both the House and the Senate in a landslide when he too had failed to accept that conservative policies WORK.

It is a solution that Barack Obama has dedicated his entire life to destroying.  Which is why Obama has never and never WILL succeed as president.

If I had Barack Obama’s performance, I would resign.  I would have held a press conference and declared, “I’m sorry.  I thought I had a plan to turn this economy around.  Clearly I was wrong.  It’s time for me to step aside and allow someone with better ideas and better leadership to help the American people.”

But Barack Obama doesn’t give one miserable rat damn about the American people.  All the people whose support Obama rode to victory are the worst impacted by the disgrace of the Obama economy: black unemployment, Hispanic unemployment, female unemployment, college-age unemployment are utterly pathetic.  Last month in the “Obama recovery” minorities suffered miserably; this month their suffering got worse.  The unemployment rates for blacks shot up to 14.4 percent (14.8 percent prior to ‘seasonal adjustment’). Barack Obama is to these people as Adolf Hitler was to Germans, promising a government Utopia and producing nothing but abject ruin.

Barack Obama has declared war on the United States of America.  But instead of bullets and bombs, he has waged his war with massive and unsustainable government spending and joblessness.

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Jobless Claims Rise ‘Unexpectedly’: Don’t Make This A Drinking Game Or You’ll Die

January 14, 2011

The mainstream media have made sure the word of the 2nd decade of the 21st century will be “unexpected.”  With “unexpectedly the top adverb.

I liked Indylindy’s take on the following story best:

Silly people, don’t you know the whole nation was healed last night? Who gives a damn if we have jobs?

We have Barry. /sarc

From Reuters:

Instant View: Jobless claims jump most in 6 months
NEW YORK | Thu Jan 13, 2011 9:03am EST

(Reuters) – U.S. jobless claims jumped unexpectedly last week to their highest level since October, suggesting the labor market is still in a rut despite signs of improvement in the economy.

The U.S. trade deficit narrowed unexpectedly in November as exports climbed to the highest level in more than two years, government data showed on Thursday.

U.S. producer prices rose more than expected in December as energy and food costs surged while underlying inflation remained subdued, highlighting a divergence that complicates the outlook for monetary policy.

KEY POINTS: * The number of Americans filing for first-time unemployment benefits rose to 445,000 from an upwardly revised reading of 410,000 in the prior week, the Labor Department said. * It was the biggest one-week jump in about six months, confounding analyst forecasts for a small drop to 405,000. * A Labor Department official noted the rebound occurred following the holidays, which may have hindered reporting of new claims and created a backlog. * The trade gap dipped to $38.3 billion from $38.4 billion in October, the Commerce Department reported. * Analysts surveyed before the report had expected the November trade deficit to widen slightly to $40.5 billion from October’s originally reported $38.7 billion. * November’s deficit was the lowest since January 2010. * Prices at the wholesale level climbed 1.1 percent after a 0.8 percent rise in November, the Labor Department said. * Economists had been looking for a repeat of that 0.8 percent advance in December. * Inflation excluding food and energy, however, rose just 0.2 percent, in line with forecasts. That left the year-on-year gain in core producer prices at 1.3 percent, just below analyst estimates.

If you are playing a drinking game using the word “unexpectedly” please stop immediately.  Because your liver will never last the final two years of the Obama presidency.

“U.S. jobless claims jumped unexpectedly…

Drink…

And yes, I mean your Kool Aid has been spiked.

Another factor that isn’t getting anywhere nearly enough media coverage is inflation.  As the economy continues to falter under Obama’s failed policies, those unemployed people are facing higher and higher food and fuel prices.

Conservatives were saying throughout the 2008 campaign that “hope and change” were never concretely defined.  Well, two years into Obama, you get to see what “hope” and “change” looks like.  Still liking it?

If you voted for Obama, you deserve to starve in the dark and cold.  It’s those poor suckers who opposed his regime who are now suffering its effects anyway that I pity.

Democrats and mainstream media “journalists” continue to “blame Bush” for the fact that the unemployment rate increased 34.2% from when Bush left office under Obama’s watch.  Their demagogic “Don’t blame us for our policies” rhetoric reminds one of the old communist Soviet Union, whose miserable agricultural performance was attributed to 72 years of bad weather.

The mainstream media has no intention whatsoever of being objective or honest when it comes to covering the results of Obama’s economic policies.  When Republicans are running things, even good news is depicted as bad news, with stories about fears of what could happen, but whenever a Democrat is in charge, even the very worst news must be wrapped in some sort of positive context.

The “unexpected” is “expectedly unexpected” once you learn the constant bait-and-switch games the media plays to the Democrat White House’s fiddling tune.

Last month, when there would have been your usual Christmas hiring.  But the media didn’t point out that the unemployment rate reflected 1) a very temporary blip due to phenomena such as Christmas hiring followed by New Years layoffs, and 2) the even more frightening fact that the rate was mostly impacted by people who were so discouraged they’d stopped looking for work:

But the job growth fell short of expectations based on a strengthening economy. And the drop in unemployment was partly because people stopped looking for work. […]

But other factors can affect the unemployment rate, at least temporarily. One key reason for the drop was that the government no longer counts people as unemployed when they stop looking for work.

But the only thing that mattered to most mainstream media organizations was that that way-too-close-to-10% number went down from 9.7% to 9.4%.  And that favored Obama.  So they went out and sang songs of rejoicing about it.

It would have been quite easy to put a Republican spin on that employment story of December: Republicans win the biggest victory since 1928, and all of a sudden the unemployment rate takes a huge drop as businesses realize that there will be somebody to stop a president and Democrat Party out to destroy businesses.  But I’m not like the mainstream media: I don’t delete any of my stories, and people actually hold me responsible in comments.  And I held off on pimping the good job numbers because I was pretty sure that the “good” unemployment statistic was nothing more than a temporary blip that was being pimped by liberals.

Obama Administration, NAACP, Have Racist Egg All Over Their Faces. Again.

July 20, 2010

I like the way that HotAir sets up this story about an USDA official expressing her racist policies before the NAACP:

The NAACP is about to learn one of the most basic of all lessons in life — those who live in glass houses should avoid provoking a stone-throwing war.  After the civil-rights organization threatened to issue a condemnation of Tea Party activism by equating it with racism (a position from which they ultimately retreated), Andrew Breitbart announced that he would publish at least one video of the NAACP itself cheering racism.  Breitbart delivers on that promise today at Big Government, showing USDA official Shirley Sherrod explain to an appreciative NAACP audience in July 2009 how she deliberately withheld information from a white farmer in Georgia trying to save his land and his business.

Here’s the youtube video:

And here’s a transcript of what she said in front of an NAACP audience:

“He had to come to me for help. What he didn’t know while he was taking all that time trying to show me he was superior to me was I was trying to decide just how much help I was going to give him,” she said. “I was struggling with the fact that so many black people have lost their farmland and here I was faced with having to help a white person save their land — so I didn’t give him the full force of what I could do.  I did enough.”

For the official record, Shirley Sherrod was appointed by Barack Obama in July of 2009:

ATLANTA, GA…. In July 2009 former Federation staff member Shirley Sherrod was appointed as the USDA Rural Development Georgia State Director. Sherrod had worked with Federation of Southern Cooperatives/Land Assistance Fund since 1985 as the organization’s Director of the Georgia State Office. “We are proud that Shirley has been appointed to this position at Rural Development not just because she is the first African American in Georgia to hold the post, but also because of her vast experience in agriculture and rural development. Now the entire State of Georgia will benefit from her expertise.

Well, unless you’re white, anyway.

And this racist policy was expressed before an NAACP banquet.  The same NAACP that was just pointing the demagogic race-baiting finger at the Tea Party for nebulous examples of alleged racism.

I am so fed up and tired about racists lecturing conservatives about racism.  I am so fed up and tired with the endless double-standards and hypocrisy from the left.

The official racist policies of the Obama Administration, the Democrat Party, and so-called “civil rights groups” such as the NAACP is truly something to behold.

It’s the same sort of crap we witness with other liberal groups, such as the unions – who hire non-union, minimum wage picketers who get no benefits – to bitch about how other employees treat employees.

It’s the same sort of crap we witness when Obama and Democrats argue that Republicans were to blame for the reckless spending policies when the last Republican budget deficit was $161 billion – compared to the in-excess-of-$1-TRILLION deficits the Democrats have been imposing upon us since.

It’s the same sort of crap we witness when Obama and Democrats demagogue the unemployment issue – falsely claiming that Republicans want to starve unemployed people – when in reality all Republicans demand is to have any jobless benefit extensions paid for by using funds from the $862 billion porkulus.  Even though Obama has repeatedly argued in the past that Republicans should have paid for their own policies.  And even though Obama PRAISED the pay-as-you-go rule and promised to abide by it.

It’s the same crap from liberals who shrilly denounce conservatives as being “anti-Obama” when they couldn’t have been more over-the-top anti-Bush.

It’s the crap of liberal hypocrites who denounce and denounce and denounce the other side when in fact they the liberals are doing at least as bad and in fact worse.

I’m sick of the racists blaming conservatives for racism.  I’m sick of unions blaming employers for refusing to pay for unsustainable wages and benefits.  I’m sick of spend-crazy Democrats blaming Republicans for spending.  And most of all, I’m sick of Barack Obama constantly demoguing, demonizing, fearmongering, and blaming his political opponents for every single issue and failure under the sun.

The Obama Administration and the NAACP – for all their finger-pointing – have racist egg all over their faces.

Obama promised to transcend racial and political divides, but our Racist-Divider-in-Chief has done more to lower us into the abyss than any president since the last Democrat racist president decades ago.

Democrats and their ideological pawns can point all the fingers they want, but every time they do, three fingers are pointing back at them.

Update, July 20: News reports are coming out saying that the event in question surrounding Shirley Sherrod occurred in 1986, and that she was working for a non-profit at the time (as opposed to working for the government).  And Shirley Sherrod is saying that she was using this example as a “pivot point” in which she confronted and began to overcome her own attitudes.

She is also reporting that the Obama administration fired her (or intensely pressured her to resign) without having any review of the basic facts.  In fact, administration official Cheryl Cook literally asked Sherrod to pull her car over and resign, saying her story would be on Glenn Beck that night.

Her story WAS on Glenn Beck.  But rather than cheer her firing, Beck said she should stay, arguing that her story is one of a woman learning to overcome her racist attitudes, rather than one of a story of a racist.

It’s hard to know what all the facts are at this point, since the full video of the speech in question has yet to be made available by the NAACP, but I find it interesting that the White House would push to protect a particularly hateful New Black Panther racist by having a verdict against him dismissed, and then immediately turn around and fire an innocent woman without examination.

All I can say for sure is that there is clearly a bunch of screws loose and rattling around the White House.

Critical Failure Overload: Which Obama Failure Should We Focus On?

June 30, 2010

There seems to be a genius to Obama’s incompetence.  He is failing on so many levels, in so many ways, all at the same time, that nobody can possibly keep track of them all.

Which means, paradoxically, that the more failures Obama accumulates, the better he looks, as coverage of all the failure is dissipated such that nothing receives the focus it needs to penetrate the American culture of distraction.

A few days ago, the media hailed Obama’s firing of Gen. Stanley McChrystal and replacement by Gen. David Petraeus as a magnificent act of presidential leadership and decision-making.  Let’s not mention that the same figures on the left who were hailing Petraeus yesterday were demonizing him when Bush appointed him to take control over the Iraq War and the surge strategy that won that war.

Obama is turning to Bush’s general and Bush’s Secretary of Defense in order to overcome the failure created by utterly failed Democrat Party ideas.

Chief among those utterly failed Democrat ideas is the timetable for cut-and-run.  Democrats wanted to impose this guaranteed-to-fail strategy for Iraq, but Bush prevailed and won the war.  Now they want to make sure we lose in Afghanistan, as Afghans who want to stay alive realize who will still be there a year from now (i.e., the Taliban), and who won’t (i.e., the United States), and that they’d better not ally themselves with their “timetable for withdrawal” all-too-temporary American allies.

We find that the July 2011 timetable for withdrawal was a purely political decision that had no military justification or support whatsoever.

Of course, the failure in Afghanistan comes as a welcome relief to day 72 of the even bigger failure in the Gulf of Mexico.

The leftwing media is essentially shouting, “Hey, take your eye off that total failure over there on the Gulf Coast.  Look over here!!!  Obama fired a guy that pricked his thin-skin and appointed Bush’s general to save his liberal ass.  And he gave a speech!!!  Don’t waste your time thinking about the fact that BP took the cap off the leaking hole so that 104,000 gallons of oil per hour could pour out of the sea floor.  Don’t look at the possibility that as much as 4.2 million gallons of oil are pouring out of that damn hole Obama can’t plug every single day!!!

Come on!  Obama’s got Bush’s general now!!!  The one whom Obama and every other Democrat demonized three years ago while he was winning in Iraq!!!”

Well, go ahead and take a look at how terribly Obama is failing in Afghanistan.  Look at how Obama doubled Bush’s last body count in 2009, and how he is now on pace to double his own doubling of Bush’s body count this year.  Look at how terrible a job Obama is doing mismanaging the various top-level civilian and military personnel who are clearly not on the same page with one another as personal fiefdoms rather than the mission dominate (see also here).  The divisions – which underscore that Obama’s entire Afghanistan plan is in freefall – aren’t pretty.  And don’t forget to look at the fact that “Those divisions are of Obama’s own making, stemming from his lack of leadership and failure to make a firm commitment to victory in Afghanistan.”

While you’re at it, take a look at the fact that, by the standards Democrats used to attack Bush in 2004, Barack Hussein is the worst president in American history bar none.

The Obama-failure in Afghanistan is a distraction for the Obama-failure in the Gulf of Mexico.  And the Obama-failure in the Gulf of Mexico is a distraction for the Obama-failure in the economy.

Look at the fact that a full year and a half later, jobless claims continue to go up “sharply.” Look at the fact that new home sales have plunged to the lowest level ever recorded.   Look at the fact that that disaster followed the news that Obama’s mortgage modification program had officially imploded.  And look at the fact that bank foreclosures have doubled under Obama’s “wreckovery.”

One in four homeowners are underwater in their mortgages, and are increasingly just bailing out and walking away from their responsibilities in Obama’s God-damn-America.  Consumer confidence is down dramatically.    And oil prices are way down for the very bad reason that our economy is in such bad shape no one can afford to go anywhere.  And, of course, our stock market just took a very cold bath yesterday.

Where are we supposed to look to see an area in which Obama HASN’T failed?

Look at everything, if you have time to contemplate all the failure that Obama has brought.  But don’t be distracted from taking time to watch the spill cam footage every day, or following the latest tracking of Obama’s oil spill and its contamination of the Gulf Coast, or following the Obama-regime-caused inability to clean up the mess.

As you watch the daily disaster unfolding, don’t forget to remember that Obama is the guy running the show.  Or that the show looks like a chicken running around after its head has been cut off

April 8 CNNMoney Headline: ‘Jobless Claims Soar’

April 9, 2010

Let’s see: new home sales plunge to their lowest levels since 1963, while jobless claims soared to the highest levels seen since December 2008 (when Obama was routinely comparing the economy to the Great Depression).

Clearly, everything is just going swimmingly under Barry Hussein.

Jobless claims soar
By Chavon Sutton, staff reporterApril 8, 2010: 11:59 AM ET

NEW YORK (CNNMoney.com) — The number of Americans filing for unemployment insurance for the first time jumped last week, according to government data released Thursday.

There were 460,000 initial jobless claims filed in the week ended April 3, up 18,000 from an upwardly revised 442,000 the previous week, according to the Labor Department’s weekly report. […]

The report also said that 4,550,000 people filed continuing claims in the week ended March 27, the most recent data available. That figure, the lowest level since Dec. 20, 2008, was down 131,000 from the preceding week’s 4,681,000 claims, and below the 4.63 million economists expected, according to Briefing.com.

The 4-week moving average for continuing claims was 4,648,250, a decrease of 36,000 from the preceding week’s revised average of 4,684,250.

Continuing claims data exclude people whose benefits expired or those who have moved to state or federal extensions. It reflects those filing each week after their initial claim until the end of their standard benefits, which usually last 26 weeks.

The numbers forced the Associated Press to trot out their favorite Obama-apologist adverb.  They said “jobless claims increased ‘unexpectedly.’

Last week Obama was trumpeting government unemployment numbers that did not budge the 9.7% unemployment rate as if all his asinine policies had somehow been vindicated:

“Today is a promising day,” Mr. Obama told workers assembled inside Celgard LLC, the Charlotte, N.C.-based company that makes parts for high-tech batteries. “We are beginning to turn around. More Americans are now getting up, getting dressed and going to work.”

But however the government did its calculations, private payrolls actually fell in March.

The illusory numbers Obama trumpeted were front-page headlines for the major media.  But then the usual “unexpected” revisions come, and the liberal propaganda machine suddenly loses interest in the story.

Meanwhile, underemployment, which many economists view as the “real” unemployment measure, increased to 20.3%.  When people give up looking for work, or finally give up and settle for a job far beneath their potential, they “fall” off the jobless rolls.  We could actually have Great Depression unemployment levels, and still show artificially low unemployment numbers. Discouraged workers who give up are not counted in official unemployment statistics, and over a million unemployed workers aren’t being counted.

The fact is that a total of 6,130,000 workers had been unemployed for 27 weeks or more in December 2009, the most ever since the data were first collected in 1948, and more than double the 2,612,000 unemployed for a similar length of time only a year ago.  Does that sound like Obama is succeeding???

People said of the Great Depression: “It wasn’t so bad if you had a job.”  FDR kept optimistically promising that relief was just around the corner.  Meanwhile, his policies prolonged the depression by seven years until finally even his own Treasury Secretary said:

“We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and if I am wrong… somebody else can have my job. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises… I say after eight years of this Administration we have just as much unemployment as when we started… And an enormous debt to boot!” – Henry Morganthau, FDR’s Treasury Secretary, May 1939

In April 1939 unemployment was 20.7%.

Obama keeps telling us how magnificently we are recovering, and the dinosaur lamestream media keeps reporting it as if it were true.

Meanwhile he keeps piling on shocking and totally unsustainable deficit levels that will ultimately implode the U.S. into a Great Depression unlike anything we have ever seen.

But under Obama, unsustainable is the new normal.

When we  finally awaken to our sobering senses, we will find we have been led by the nose and duped by lies.

Even Liberals Realizing Obama Has Been Total Bust At Creating Jobs

October 8, 2009

This article is in many ways typical New York Times.  It comes from a distinctly liberal perspective, and views solutions to the problems that America faces through a liberal prism.

The big difference in this case is that it really takes a critical look at a Democrat.  It slams Barack Obama as being basically disinterested and uninvolved in – and even uncomprehending of – the biggest crisis facing the country.

Does Obama Get It?

By BOB HERBERT
Published: October 5, 2009

The big question on the domestic front right now is whether President Obama understands the gravity of the employment crisis facing the country.  Does he get it?
The signals coming out of the White House have not been encouraging.

The Beltway crowd and the Einsteins of high finance who never saw this economic collapse coming are now telling us with their usual breezy arrogance that the Great Recession is probably over.  Their focus, of course, is on data, abstractions like the gross domestic product, not the continued suffering of living, breathing human beings struggling with the nightmare of joblessness.

Even Mr. Obama, in an interview with The Times, gave short shrift to the idea of an additional economic stimulus package, telling John Harwood a few weeks ago that the economy had likely turned a corner. “As you know,” the president said, “jobs tend to be a lagging indicator; they come last.”

The view of most American families is somewhat less blasé. Faced with the relentless monthly costs of housing, transportation, food, clothing, education and so forth, they have precious little time to wait for this lagging indicator to come creeping across the finish line.

Americans need jobs now, and if the economy on its own is incapable of putting people back to work — which appears to be the case — then the government needs to step in with aggressive job-creation efforts.

Nearly one in four American families has suffered a job loss over the past year, according to a survey released by the Economic Policy Institute. Nearly 1 in 10 Americans is officially unemployed, and the real-world jobless rate is worse.

We’re running on a treadmill that is carrying us backward. Something approaching 10 million new jobs would have to be created just to get back to where we were when the recession began in December 2007. There is nothing currently in the works to jump-start job creation on that scale.

A massive long-term campaign to rebuild the nation’s infrastructure — which would put large numbers of people to work establishing the essential industrial platform for a truly 21st-century American economy — has not seriously been considered. Large-scale public-works programs that would reach deep into the inner cities and out to hard-pressed suburban and rural areas have been dismissed as the residue of an ancient, unsophisticated era.

We seem to be waiting for some mythical rebound to come rolling in, magically equipped with robust job creation, a long-term bull market and paradise regained for consumers.

It ain’t happening.

While the data mavens were talking about green shoots in September, employers in the real world were letting another 263,000 of their workers go, bringing the jobless rate to 9.8 percent, the highest in more than a quarter of a century. It would have been higher still but 571,000 people dropped out of the labor market. They’re jobless but not counted as unemployed. The number of people officially unemployed — 15.1 million — is, as The Wall Street Journal noted, greater than the population of 46 of the 50 states.

The Obama administration seems hamstrung by the unemployment crisis. No big ideas have emerged. No dramatically creative initiatives. While devoting enormous amounts of energy to health care, and trying now to decide what to do about Afghanistan, the president has not even conveyed the sense of urgency that the crisis in employment warrants.

If that does not change, these staggering levels of joblessness have the potential to cripple not just the well-being of millions of American families, but any real prospects for sustained economic recovery and the political prospects of the president as well. An unemployed electorate is an unhappy electorate.

The survey for the Economic Policy Institute was conducted in September by Hart Research Associates. Respondents said that they had more faith in President Obama’s ability to handle the economy than Congressional Republicans. The tally was 43 percent to 32 percent. But when asked who had been helped most by government stimulus efforts, substantial majorities said “large banks” and “Wall Street investment companies.”

When asked how “average working people” or “you and your family” had benefited, very small percentages, in a range of 10 percent to 13 percent, said they had fared well.

The word now, in the wake of last week’s demoralizing jobless numbers, is that the administration is looking more closely at its job creation options. Whether anything dramatic emerges remains to be seen.

The master in this area, of course, was Franklin Roosevelt. His first Inaugural Address was famous for the phrase: “The only thing we have to fear. …” But he also said in that speech: “Our greatest primary task is to put people to work.” And he said the country should treat that task “as we would treat the emergency of a war.”

Now that’s the sense of urgency we need.

More Articles in Opinion » A version of this article appeared in print on October 6, 2009, on page A31 of the New York edition.

Not to dive into the genetic fallacy, as so many liberals so often do, but it is nevertheless significant that the Economic Policy Institute is a distinctly liberal think tank.  And Hart Research Associates aint exactly Rasmussen.  So while I don’t know that they aren’t right in their survey about Obama vs. Congressional Republicans, I would point out: 1) that I wouldn’t regard it as gospel; and 2) don’t forget that as LOW as Bush got in the polls, he STILL outperformed the Democrat-controlled Congress throughout his entire presidency.

In fact, Bush had more than DOUBLE the ratings of the Democrat Congress:

Bush’s job approval rating fell to 24 percent from last month’s record low for a Zogby poll of 29 percent. A paltry 11 percent gave Congress a positive grade, tying last month’s record low.

So in terms of net differences, Bush actually fared quite a bit better when pitted against a Democrat Congress than Obama is faring when pitted against Congressional Republicans.  And I would submit that the public thinks a lot more highly of Republican ideas than this smoke-and-mirror statistic would otherwise indicate.  Just sayin’.

I made that point just to demonstrate the statistical sleight of hand going on.

Now, Bob Herbert is a big government, rah-rah FDR guy, who sees the big public projects of the WPA as the model for our country’s salvation.

For what it’s worth, I – and Congressional Republicans – agree(d) that that would have been FAR better than Obama’s $3.27 trillion pork-laden employment bust known as the stimulus.

A New York Times story points out why Republicans opposed the porkulus so fiercely:

But the committee’s ranking Republican, Jerry Lewis of California, asserted that the program would do far too little to finance road construction, flood control projects and other works for the public good.

“Facts are stubborn things,” Lewis said, describing the package as a recipe for bloated government programs that would saddle taxpayers with a debt burden “well, well into the future.”

And now even the New York Times is essentially acknowledging that the Republicans were right and Obama was wrong.

I would also point out that the Hoover Dam is named the Hoover Dam because Herbert Hoover was doing public works projects before FDR.  And Herbert Hoover was the guy that every Democrat loves to blame for the Great Depression.

And while we’re on the subject of what happened in the 1930s, I might as well point out that things didn’t go so good under the leadership of FDR.

In fact, FDR’s Treasury Secretary had this to say as he looked back over the decade:

“We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and if I am wrong… somebody else can have my job. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises… I say after eight years of this Administration we have just as much unemployment as when we started… And an enormous debt to boot!” — Henry Morganthau, FDR’s Treasury Secretary, May 1939

A look at the graph of unemployment should help you understand what Henry Morganthau understood:

It shouldn’t surprise you when you take the time to learn about what FDR attempted that he actually prolonged the Great Depression by seven years.

Having mentioned the massive yet mysteriously ignored failure of FDR to solve unemployment or get the economy going, allow me to return to Obama’s current failure.

Still another liberal publication, Time Magazine, ran an article back in July entitled, “Obama’s Stimulus Plan: Failing by Its Own Measure.”  It begins:

Back in early January, when Barack Obama was still President-elect, two of his chief economic advisers — leading proponents of a stimulus bill — predicted that the passage of a large economic-aid package would boost the economy and keep the unemployment rate below 8%. It hasn’t quite worked out that way. Last month, the jobless rate in the U.S. hit 9.5%, the highest level it has reached since 1983.

And of course, it’s currently 9.8% – and almost certain to keep rising.

Now contrast what the Obama team predicted – a ceiling no higher than 8% unemployment – and then see what the administration is trying to pass off now:

Vice President Joe Biden delivered a rousing review of the government’s economic stimulus plan in a conversation with the nation’s governors. “In my wildest dreams, I never thought it would work this well,” he said. “Thank you, thank you.”

I mean, is this a statement that when team Obama said that they believed their stimulus plan would keep unemployment under 8% that they were being fundamentally dishonest with the American people?  And that 9.8% unemployment is better than their wildest dreams?

And don’t just say Vice President Joe Biden is an idiot and dismiss him.  He IS an idiot, of course.  But he is the official spokesidiot of the Obama Administration.

Having affirmed that significant public works-style projects would have been a massive improvement over the failed Obama stimulus, allow me to briefly point out a few other things that would have helped the nation restore confidence in the U.S. economy and the jobs that would have gone with it.

For one thing, tax breaks would have helped, but we didn’t get them.

Contrary to Democrat fluffery, there really weren’t “tax breaks” in the stimulus.  Rather, the people who got the “breaks” didn’t actually pay federal income taxes.  The “tax breaks” were really welfare breaks.  Lowering taxes stimulates more investment and more productivity by allowing investors to keep more of what they earn, rather than incentivizing them to shelter their money, which raising taxes invariably does.  Transferring money from the pockets of tax payers and giving it to those who didn’t pay federal income taxes – even if you euphemistically call it a “tax break” – simply doesn’t accomplish that goal.

Another thing that would have helped was targeting stimulus toward the businesses that actually do most of the hiring.

Small businesses which employ 20 or fewer workers are responsible for 50% of the jobs in this country.  And businesses defined as “small businesses” are responsible for nearly 3/4ths of the total jobs in the USA.

And what did small businesses get from the stimulus? Butkus.  The porn-loving National Endowment for the Arts actually got more stimulus funds than all the small businesses in the country combined.

If Democrats wanted to create jobs, they might have considered giving the money to businesses that actually created jobs, rather than to their politically connected liberal special interest groups.  Again, just sayin’.

It also would have helped if the stimulus had been something that actually helped more than it hurt.  The Congressional Budget Office, hardly a conservative bastion, reported that the stimulus bill would lead to a lower GDP 5 to 10 years out than if Congress had done absolutely NOTHING.  The enormous government spending will ultimately crowd out private investment which would have had a much higher chance of increasing GDP than the spending in the stimulus bill.