Posts Tagged ‘zip codes’

Obama Job Numbers, And Why Won’t The NBA Believe Me When I Say I’m 25 Feet Tall?

February 21, 2010

Obama keeps saying he’s created 2 million jobs.  And I keep filling up barf buckets.

One of the biggest Big Lies of the Obama administration was the invention of the never-before-seen category of “saved or created” jobs.  Simply put, it is a giant load of rotting baloney.  Harvard economics Professor Gregory Mankiw has said, “There is no way to measure how many jobs are saved.” Allan Meltzer, professor of political economy at Carnegie Mellon University has said “One can search economic textbooks forever without finding a concept called ‘jobs saved.’ It doesn’t exist for good reason: how can anyone know that his or her job has been saved?” If George Bush had EVER tried to use this same “saved or created” shenanigan, he would have been simultaneously mocked as a complete moron and attacked as a criminal who was trying to deliberately deceive the American people.  But a liberal Democrat did it, so the mainstream media has merely duly reported the totally-made-up and self-serving “statistic” as though it weren’t a complete fabrication.

Why does Obama keep lying to the American people about jobs?

A couple of weeks ago, his three senior advisers trotted out with wildly disparate job numbers that Obama had ostensibly “saved or created.” On the very same day, David Axelrod said we had saved or created more than 2 million jobs.  Robert Gibbs said we’d saved 1.5 million jobs.  And Valerie Jarrett said we’d saved thousands and thousands of jobs.

Valerie Jarret would have to say, “thousands and thousands” a thousand times to get to Axelrod’s “2 million.”

The numbers are arbitrary bullcrap.  The Obama administration has “saved or created” as many jobs as they think they can get away with before they think the American people will realize they are liars.

We can go back and look at how shockingly deceitful Obama’s job claim numbers have been.  I never thought an American president could get away with so many shockingly transparent lies.  You have to be a hard-core lie ADDICT to tell these kind of lies.

We can go back and look at all the bogus congressional districts and phony zip codes that have been “saving or creating” job after job.

Why, you can almost believe Obama’s claims when just one lawnmower was all it took to “save or create” a whopping 50 jobs (and that as reported by the New York Times).  I mean, if we produce just 6 million lawnmowers, we can have total employment of every single man, woman, and child in America.

And even given Obama’s OWN INFORMATION, he has only “saved or created” 595,263 jobs as of February 20, 2010.  Which amounts to $456,941 per job given how much of the porkulus slush fund otherwise known as stimulus dollars have been paid out.

595,263 can become more than 2 million if it’s stretched long enough.

I tried Obama’s tactic.  I called up every single team in the NBA and told them I was 25 feet tall.  Only nobody believed me.  I really hoped my six foot body could be out there on the floor with Shaquille O’Neal, and I could simply tell any skeptic who doubts my 25-foot status that “they just aren’t looking at the full picture” or something similar.

Senator Evan Bayh, in announcing that he would not run again as a Democrat for the U.S. Senate, had this to say to convey the truth:

“[I]f I could create one job in the private sector by helping to grow a business, that would be one more than Congress has created in the last six months.”

[link] [Youtube]

That’s an awfully far cry from 2 million, isn’t it?

According to a recent New York Times/CBS poll, a whopping 94% of the American people agree with Bayh. Only 6% of Americans believe Obama’s massive porkulus has created jobs a full year after going into effect.

Only SIX PERCENT of Americans believe that Obama’s porkulus has created any jobs at all.  That means more Americans believe that space aliens have anally probed them than believe in the stimulus.  It also means that 94% think Obama and his entire administration and the entire Democrat congressional leadership are completely full of crap.

So why does the mainstream media keep reporting that Obama has saved or created 2 million jobs, when 94% of the American people – even according to CBS and the New York Times!!! – don’t think he’s created ANY jobs?

I have an even better question for you: why on earth do you keep watching or reading the mainstream media when they keep reporting flagrant lies as if they were facts?

Do you like being lied to?  Were you told so many lies as a child that you now need a constant stream of lies to stay in your little happy place?

Meanwhile, even as Obama falsely tells us that he gave us 2 million jobs this year, and that we are “clearly” emerging from the recession – which means even MORE job growth in future years – his own numbers are telling him that he will leave office in 2012 with unemployment higher than it was when he came in.

If you’re willing to believe that Obama saved or created 2 million jobs, please send me $99.99 for my miraculous elixir that is guaranteed to make you 25 feet tall.  And for an extra $99.99, I will send you a ruler that will prove that you have grown fourfold.

And please ignore the fact that the contents of the bottle look and taste rather like urine.

Why Does Obama Keep Lying To Us About Jobs?

February 12, 2010

A few weeks ago, three inner-sanctum Obama circlers came out and provided three different numbers as to how many jobs they thought that Obama had created:

David Axelrod: Axelrod, on CNN’s State of the Union: “But understand that, in this recession that began at the beginning of 2007, we’ve lost 7 million jobs. Now, the Recovery Act the president passed has created more than — or saved more than 2 million jobs. But against 7 million, you know, that — that is — it is cold comfort to those who still are looking.”

Valerie Jarrett: Jarrett, on NBC’s Meet the Press: “The Recovery Act saved thousands and thousands of jobs. There are schoolteachers and firemen and— and— teachers all across our country, policemen, who have jobs today because of that recovery act. We’re investing in infrastructure. We’re investing in public education so that our kids can compete going forth into the next— generation.”

Robert Gibbs: Gibbs, on “Fox News Sunday”: “Well, Chris, let’s take for instance the example you just used of the stimulus package. We had four quarters of economic regression in terms of growth, right? Just last quarter, we finally saw the first positive economic job growth in more than a year. Largely as a result of the recovery plan that’s put money back into our economy, that saved or created 1.5 million jobs.”

You get the sense that 1) these people have no idea what they are talking about; and 2) they are pulling numbers right out of their butts.

Barry Hussein has repeatedly used the 2 million number.  After all, it’s bigger and sounds better.  Why should he care about reality?

But let’s look at reality for just one second:

Jobs Saved: PR or Fact?
While the unemployment rate continues to rise–to 10.2 percent in October–the debate over the “jobs saved” concept also continues, most recently on last Sunday’s Meet the Press with host David Gregory asking Treasury Secretary Timothy Geithner whether the concept is PR or Fact. Gregory first quotes Allan Meltzer saying “One can search economic textbooks forever without finding a concept called ‘jobs saved.’ It doesn’t exist for good reason: how can anyone know that his or her job has been saved?” Gregory then pops the question to Secretary Geithner. Watch this short video clip for his answer, and then search your textbook as Professor Meltzer suggests.

And you will search in vain.

Had George Bush tried this crap talking about all the jobs his administration had “saved,” the mainstream media would have been tearing into him like pit bulls tearing into red meat.  Because it is a giant fabrication created for the sake of pure political posturing.

Obama hasn’t “created or saved” anywhere NEAR 2 million jobs.  And his own numbers prove it.

Here’s a screenshot from Obama’s Recovery.gov site, accessed Thursday, February 11, 2010:

Let’s see: 595,263 jobs versus 2 million: Obama is a big fat liar.  And a transparent liar at that.

We find that the government has spent $272 billion in stimulus funds so far.  And $272 billion divided by 595,263 jobs comes out to $456,941 per job.

Obama has created his own Pyrrhic victory.  For the sake of argument, suppose Obama has created jobs with his stimulus, contrary to the bogus zip codes, nonexistent congressional districts, and the claims that a single lawnmower “saved” 50 jobs as evidence to the contrary.  Damn, we’ll go bankrupt if we create many more.

Which is to say it is every big as gigantic of a boondoggle and failure as every single House Republican who voted against the stimulus said it would be.

You’ve got to do your own research to see what a stinking pile of lies Obama’s jobs figures have truly been, with billions of stimulus dollars disappearing into bogus zip codes and nonexistent congressional districts.  You can be certain that the Obama administration and the sycophantic mainstream media will tell you the truth.

Now we’re hearing that the White House is forecasting that the economy will expand by 95,000 jobs a month.  But we should believe one word they’re saying WHY???  All they’re doing is taking a demonstrated dishonest metric and pointing it at the future.

This Just In: Obama May Have Lost 824,000 More Jobs Than Previously Reported

February 3, 2010

Whenever numbers look bad for Democrats, the media invariably reports them as “unexpected.” Well, report THIS, mainstream media:

Barry Hussein just broke his own record for failure.

Previously, it had been reported that Obama had lost 4.1 million jobs – presiding over the greatest number of job losses under any president in any year since the Bureau of Labor Statistics started reporting jobless numbers in 1940.

But now we’re finding out that Obama pointed to the center field wall, took a radical swing, and sent unemployment soaring to nearly FIVE MILLION jobs lost with his disastrous failed policies.

There’s not much being reported about this yet, but what there is is BAD for Barry:

Feb. 3 (Bloomberg Multimedia) — The U.S. may lose 824,000 jobs when the government releases its annual revision to employment data on Feb. 5, showing the labor market was in worse shape during the recession than known at the time.

The Drudge Report filed this story under the headline, “MANIPULATE: FEDS MAY LOSE 824,000 JOBS IN ‘REVISION’.”  Which creates the sense that something very suspicious was going on to “manipulate” job numbers to make them look less awful than they actually were.

We have this found via Zero Hedge:

From the BLS:In accordance with usual practice, the U.S. Bureau of Labor Statistics is announcing its preliminary estimates of the upcoming annual benchmark revision to the establishment survey employment series. The final benchmark revision will be issued on February 5, 2010, with the publication of the January 2010 Employment Situation news release.

Each year, the Current Employment Statistics (CES) survey employment estimates are benchmarked to comprehensive counts of employment for the month of March. These counts are derived from state unemployment insurance tax records that nearly all employers are required to file. For national CES employment series, the annual benchmark revisions over the last 10 years have averaged plus or minus two-tenths of one percent of total nonfarm employment. The preliminary estimate of the benchmark revision indicates a downward adjustment to March 2009 total nonfarm employment of 824,000 (0.6 percent).

If you read the conclusion of the Zero Hedge article, you will see an example as to how extreme the disconnect between the actual state of the economy and the stock market has become.

In any event, we find that normally the error that requires correction/revision is .02; but for some reason under Obama the error is .06 — which is 300% larger than the previous ten year average.

Rush Limbaugh said that he had previously stated that he thought unemployment was higher, and that the Obama White House was monkeying with the numbers to make it appear that unemployment was at or under 10%.

Having watched Obama create a category of “created or saved jobs” out of thin air that no economist had ever seen before, and watching the mainstream media report that made-up statistic as if it were gospel; having watched Obama’s “created or saved” job numbers being based on such asinine data that a single $1000 lawnmower was recorded to have saved 50 jobs; having watched the White House engage in rampantly dishonest reporting on its job numbers; having discovered that those bogus job numbers were reported as having been “created or saved” in phony congressional districts and in phony zip code regions, well, let’s just say that I have every reason to believe that this incredibly dishonest White House is capable of anything.

I’m not one iota surprised that the BLS is dumping this news on the typical government bad-news dumping day of Friday.

In any event, you can bet that our 10% unemployment rate is about to take a monster hit.

From a quick calculation, the unemployment rate could all of a sudden be as high as 12%.

It was only yesterday that I wrote this without knowing how right I was:

I continue to believe that unemployment will continue to get worse in agreement with famed analyst Meredith Whitney:

Unemployment is likely to rise to 13 percent or higher and will weigh on the economy for several years, countering government efforts to stabilize the banking industry, analyst Meredith Whitney told CNBC.

I just didn’t know that I would literally have my instincts proven right within a matter of three days.

Obama Administration Admits It Will Leave Unemployment Higher Than It Found It

February 2, 2010

Get ready for three more years of blaming Bush.

It was George Bush’s fault that Obama lost more jobs than any president in any year since records began being kept in 1940, of course.  Everyone who takes their propaganda seriously knows that.

And it will ALWAYS be George Bush’s fault.  George Bush is Obama’s Emmanuel Goldstein – the scapegoat that Big Brother eternally blames for all the woes of Oceania.

From ABC:

At a subsequent briefing with reporters, Christina Romer said that the administration believes the unemployment rate will continue to hover around 10-percent throughout 2010.  She projects that 2010 will end with the unemployment rate at 9.8%, 2011 at 8.9% and 2012 at 7.9%.

Christina Romer, who heads Obama’s Council of Economic Advisers, forecasts that unemployment will be at 7.9% by the end of Obama’s term in 2012.  The thing is, it was 7.6% when he took office from George Bush.

So the people who assured us that unemployment would never get over 8% if their pork-laden liberal slush fund otherwise known as the American Recovery and Reinvestment Act of 2009 was passed are now forecasting that they might actually get unemployment below what they said it wouldn’t ever get to by the end of Obama’s presidency.

And that, of course, is looking on the very, very bright side.

Both the Congressional Budget Office and  Goldman Sachs predict that unemployment will be considerably worse than the Obama administration figures.

The Obama administration continued to pimp its porkulus and – use utterly bogus methodology and utter bogus statistics to do so – even long after the lie became obvious.  A year after using the purely invented criteria of “created or saved jobs,” and after being caught again and again creating phony job numbers complete with phony zip codes and phony congressional districts, the Obama administration finally said that it would abandon its “controversial method of counting jobs” (to quote the AP).  But that was just another lie: they went right back to rolling in their own feces again.

The White House’s “created or saved” job numbers are so pulled-out-of-thin-air that three different Obama officials actually gave three different bogus “created jobs” numbers on the very same day.

The only thing you can trust the Obama administration to do is lie to you.

And since they always lie to favor themselves and make themselves look better, you have to wonder how bad things will actually get for Obama to make such a stunning acknowledgment (that unemployment will remain higher than it was when Obama took office throughout his entire presidency).

There’s a dirty little secret about our unemployment that Obama and the lamestream media aren’t telling us.

I continue to believe that unemployment will continue to get worse in agreement with famed analyst Meredith Whitney:

Unemployment is likely to rise to 13 percent or higher and will weigh on the economy for several years, countering government efforts to stabilize the banking industry, analyst Meredith Whitney told CNBC.

I have never heard the kind of demagoguery and blame from any president in my lifetime that I have routinely heard from Barack Obama.  He has spread every imaginable species of bull crap to explain his failures.

Now that we find out that – by Obama’s very own numbers – his unemployment rate will continue to remain higher than it was than when he assumed the presidency from George Bush,  we can safely assume that blame, excuses, and demagoguery will be the constant pattern for the final three years of Obama’s failed presidency.

Obama Administration Sacrifices All Credibility Re: Failed Stimulus

January 14, 2010

The Obama administration, after every false promise that didn’t come to pass, every false measurement that included phony congressional districts and bogus zip codes, and repeated humiliations, finally dropped it’s fraudulent and never-before-used-in-history “created or saved” jobs.

From the AP:

WASHINGTON – The White House has abandoned its controversial method of counting jobs under President Barack Obama’s economic stimulus, making it impossible to track the number of jobs saved or created with the $787 billion in recovery money.

Despite mounting a vigorous defense of its earlier count of more than 640,000 jobs credited to the stimulus, even after numerous errors were identified, the Obama administration now is making it easier to give the stimulus credit for hiring. It’s no longer about counting a job as saved or created; now it’s a matter of counting jobs funded by the stimulus.

That means that any stimulus money used to cover payroll will be included in the jobs credited to the program, including pay raises for existing employees and pay for people who never were in jeopardy of losing their positions.

The new rules, quietly published last month in a memorandum to federal agencies, mark the White House’s latest response to criticism about the way it counts jobs credited to the stimulus. When The Associated Press first reported flaws in the job counts in October, the White House said errors were being corrected and future counts would provide a full and correct accounting of just how many stimulus jobs were saved or created.

So they’re supposedly not pulling that bogus crap any longer.

Only they still are.  It’s amazing how quickly the most dishonest administration in the last century violates its own statements.

Britt Hume took apart the new version of of the same old bogus crap they’re trying to pull now:

“One day after it came out that the administration had decided to stop trying to count the number of jobs created or saved by that $787 billion spending bill the president signed last year, the White House was back doing it again.

Christina Romer, the president’s top economic adviser, announced Tuesday that the spending had resulted in 2 million jobs created or saved. Romer called that a, “truly stunning and important effect,” adding that the spending, “had done exactly what we have anticipated it would do.”

No it hasn’t.

Romer herself said a year ago that the stimulus spending would hold the unemployment rate below eight percent. It’s now at 10 and counting. More than 4 million jobs were lost last year
. What’s more, an analysis by the Associated Press has found that the outlays on roads, bridges and other infrastructure, had no discernible effect on local employment and had barely helped the construction industry.

The lesson here is a very old one: Government spending is a poor antidote to recession because the money has to be taxed or borrowed from one part of the economy to be spent in another. Not only that, it’s slow medicine. Even Romer said in her glowing report that only about a third of the money had been spent.

On second thought, given the effect the spend-fest has had on the deficit, maybe that’s the good news.”

— Brit Hume is the senior political analyst for Fox News Channel.

Christina Romer has sacrificed all personal and professional credibility to protect and defend the failed policies of Barack Obama.

She was the White House official who assured the nation that unemployment would not go over 8% if Obama’s stimulus passed.

She was the White House official who told us that the stimulus would have its greatest impact in the 2nd and 3rd quarter of 2009, which means it has already basically run its course.

Now she’s saying the stimulus which she herself claimed would prevent unemployment from going above 8% – and which ran its course last year after unemployment went up above 10% – fulfilled the Obama White House’s predictions?  Seriously?

Does this mean that Obama PLANNED to lose more jobs during his first year as president than any president has EVER lost – over 4 MILLION – since 1940?

This is Obama doing GOOD?  O.M.G.

I suppose businesses paralyzed by uncertainty due to Obama’s policies and the harm that they will do to the economy, which is frightening away new hiring, must be REALLY good.

All I can say is this: if this is the Obama administration’s idea of doing good (at least a good, solid B+ anyway), may God have mercy on our doomed souls if they ever actually screw up.