Posts Tagged ‘labor force participation rate’

My Final Say On Why Barack Obama Does NOT Deserve Reelection

November 5, 2012

Obama has added a fourth dimension to dishonesty.  They used to say, “There are lies, damn lies, and statistics.”  Now it’s “There are lies, damn lies, statistics and Obamanomics.”  Because Obama’s entire economic policy is a giant turd.  And while it looks like a turd, smells like a turd, and feels like a turd if you’re idiot enough to touch it, Obama tells you it’s actually gold-plated.

The unemployment rate is HIGHER than it was when Obama took office.  It is HIGHER than it EVER WAS under George W. Bush.  But in spite of that reality, it somehow never stopped Obama from just demonizing Bush.  Obama has never taken personally responsibility for anything.

George Bush’s unemployment rate was 5.26% over eight years.  At this point near the very end of Obama’s failed first (and hopefully ONLY term), Obama has given us an average unemployment rate of over 9 percent (9.03%).

You’d think that a man who never came CLOSE to George Bush’s unemployment rate – and frankly a man who never WILL come close to Bush’s unemployment rate – wouldn’t talk so much smack about George Bush.  BUT THAT’S ALL OBAMA DOES.  And the reason that’s all he does is simply because it’s all he has: demagoguery and demonization and blame and Marxist class warfare.

I suppose I can understand why those monthly unemployment rates under Bush looked bad to Democrats.  Because people would expect them to get off their lazy little roach asses and get a damn job back then instead of Obama giving them food stamps for life.  Obama has increased food stamps by 53 percent under his presidency; and what the hell, if you go back to when Nancy Pelosi took over the House of Representatives and Harry Reid took over the US Senate in 2007, Democrats have increased food stamps by 70 percent.  And all you welfare parasites ought to really like that trend – at least until you’ve sucked more blood out of the increasingly few Americans who are actually producing anything and the country implodes and you starve because Obama trained you to be completely dependent sponges.  It will be bad for you then, but then again none of you have EVER been capable of thinking about tomorrow and actually taking steps to avoid catastrophe before, so why start now?  You don’t need a damn job; YOU’VE GOT OBAMA.

You also need to understand that Barack Obama has in no way, shape or form lowered the unemployment rate.  What he has done is massively increase the number of discouraged workers – who don’t count in the official unemployment rate calculations.

There’s a vital statistic called the “labor force participation rate.”  What is it?  It is the percentage of working-age Americans who actually have a job.  And that rate has plunged and plunged and plunged every single year of Obama’s presidency.  I’ve written about this: if you look at November of 2010, the labor participation rate under Obama was at a 25-year low (i.e., worse than it EVER was under Bush) at 64.5%.   The next year, 2011, the participation rate was at a 27-year low at 63.9%.  In May of this year, the participation rate was at 63.6% and was the worst in thirty years.  And at that point just a few months ago the labor participation rate for men was the lowest it had EVER been since they started keeping records in 1948.  By August of this year it declined yet again to 63.5% to the lowest level in thirty-one years.

When our unemployment rate drops precipitously because four discouraged workers give up ever getting a job under this failed presidency for every one who actually gets a job, you need a new president.

If we applied the labor force participation rate that George Bush handed off to Obama, the unemployment rate would be well over 10 percent.

And what about the businesses that would be creating jobs if it weren’t for the fact that a turd is sitting in the White House where a president ought to be?

What is true of the labor force participation is also true of business start ups in America under Obama.  Two years ago – and this being during the so-called Obama “recovery,” the number of U.S. business start-ups and dropped 24% – and how the hell does that happen in a “recovery” when you’re supposedly coming out of a recession that you blame Bush for?  Last year the number of business start-ups had plunged to a 25 year low which was THE LOWEST level ever measured since the statistic began to be tracked in 1986.  Now under Obama’s utterly failed leadership and under his Marxist class warfare, the number of business start-ups is at a 30 year low.

Obama isn’t adding anywhere NEAR enough jobs to keep up with the 10 million people who have joined the workforce by virtue of becoming adults during his presidency.

I don’t understand.  Why do so many Democrats want America to weaken, to fail and to implode?  What is it about this country that so many people call “The Great Satan” that you Democrats despise so much?

You can look at America’s global competitiveness under Obama and see the same failure.  Last year, America dropped to fifth place.  This year, thanks to Obama’s leadership, America has plunged to seventh place in global competitiveness.  And in fact we have dropped down the ladder under Obama every single year of his failed presidency in global competitiveness.

And wait, I’m not done, because the United States has now also plunged in a manner described as “unprecedented” to TWELFTH place in prosperity under Obama.

We were #1 in the world in global competitiveness when George Bush handed the presidency to Barack Obama.

If you vote Democrat, I guess you think our decline is good.  You clearly do, because you thought that our being number one in the world under George W. Bush was somehow bad.  You want America to drop to twelfth place, to twentieth place, to fiftieth place.  Why?  What is morally and psychologically wrong with you?

And don’t think for a second that Democrats want more money in the pockets of working people.  Because the median household income has dropped $4,520 since that evil day that President Obama took officeBetting on Obama cost you 8.2% of the average American’s income.  That’s how much the average American has basically lost every year as a result of their lousy bet on Obama.  I don’t understand: why on earth do you want more of that?  Or maybe I should be asking you why on earth you want less and less money and freedom as long as you can have more Obama?

Democrats are NOT people who want more money in working people’s’ pockets; they’re bitter, hateful people who want LESS money in other people’s’ pockets; they’re Marxists who want more and more and more money in the government’s pocket instead.

Obama is spending this country into bankruptcy.  You first need to understand that Obama has added $6 trillion to the debt in only four years after demonizing George Bush for adding over $4 trillion over eight years.  If Obama is reelected, he is on pace to TRIPLE the George Bush debt that he demagogued.  And this from a president who promised he’d cut spending and would cut the deficit in half by the end of his first term but was upbraided by Tom Brokaw who said Obama would have to answer for his “out of control” $1.1 trillion deficit “that happened on his watch.”  And let’s not even think about the fact that our REAL debt that will ultimately bankrupt us all is the $222 trillion we owe when we consider the unsustainable Social Security, Medicare and Medicaid debt that we have to pay.

On the foreign policy front, let me just sum it up this way: our Army, Marines, Navy and Air Force have massively lost confidence in Obama as commander-in-chief.  Obama paraded himself around as the president who got bin Laden (never mind that he depended enormously on the waterboarding-obtained intelligence that he demonized).  And Obama claimed that in getting bin Laden he had fatally wounded al Qaeda and that the war on terrorism was basically over.  And as a result Ambassador Chris Stevens was completely safe in Benghazi, Libya, and Obama could therefore cut his security even though the ambassador who was just about to be murdered in an al Qaeda terrorist attack was begging for MORE security.  The fact that Obama was utterly and completely wrong about his core foreign policy ought to matter.  But instead Obama has lied and then lied again when confronted with past lies such that the drip, drip, drip of Benghazi won’t hurt him until after the election is already over.  Which is exactly how a profoundly unworthy commander-in-chief would think.

Meanwhile, Obama’s cockroach media is working overtime to censor the news about this story so that Obama’s gamble will work.

Speaking of war zones, how about that Hurricane Sandy devastation?  Much of the country is lining up in gas lines that are taking as long as seven hours to get through.  Whole regions are devastated and thousands of victims have received absolutely no help at ALLAnger is beginning to increasingly erupt over the disastrous relief effortIt’s always amazing to watch as the same media that pounded George Bush day after day over Katrina refuse to cover the suffering Obama is responsible for after Hurricane Sandy.  Obama got his photo op pretending to be “commander-in-chief” and now he can leave victims out in the cold.  Literally.

Oh, did I mention “gas”?  How about them prices?  Obama has made gasoline TWICE as expensive as it was when he took office.

Obama summed it up pretty well: Democrats are people who vote with a heart full of revenge; Mitt Romney is a man who says that Republicans vote because of love of country.

And that bit of deceit is frankly stunning: why the hell is Obama demanding that people take revenge on Mitt Romney WHEN IT WAS INSTEAD BARACK OBAMA WHO HAS IMPLODED AMERICA YEAR AFTER YEAR OVER THE LAST FOUR YEARS???  Just what did Mitt Romney do that Obama thinks people should take revenge on him for???  Why the hell doesn’t Obama realize that HE’S the man the American people need to take their revenge on, if they take revenge out on anyone at all???  Why is it that Barack Obama is that pathologically incapable of accepting any kind of responsibility at all???

Obama ‘Added Jobs’ Only If You Count Them With Propaganda Math

January 10, 2012

This was what Obama said on January 6, 2012:

“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.

The average duration of unemployment when Bush left office was 19.8 weeks. That’s how long it took the average person who lost a job to find another one. Now it is 40.8 weeks. If you’re REALLY lucky.

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.

Obama Hell: When Bush Left Office Average Length Of Unemployment Was 19.8 Weeks; NOW IT’S 40.8 WEEKS

January 7, 2012

This was what Obama said yesterday (Jan 6, 2012):

“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 stupid 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 stratsosphere.

The average duration of unemployment when Bush left office was 19.8 weeks.  That’s how long it took the average person who lost a job to find another one.  Now it is 40.8 weeks.  If you’re REALLY lucky.

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.

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.