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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (131871)	5/5/2012 1:54:49 PM
From: Hope Praytochange	3 Recommendations Respond to of 224744

Jobs: Normally, a drop in the unemployment rate would be a welcome sign of an economy on the mend. But in the upside-down world of Obamanomics, the jobless figure is increasingly useless, hiding more than it reveals. In April, the unemployment rate officially declined to 8.1% from the previous month's 8.2%, according to the Bureau of Labor Statistics. But you don't have to look very hard to see that the jobs picture actually deteriorated last month. In fact, the only reason the jobless rate didn't climb in April is because so many people have simply quit looking for jobs and didn't get counted as unemployed. Last month, 342,000 people disappeared from the labor force. Had that not happened, the unemployment rate would have been 8.3%, not 8.1%. Worse, the labor force participation rate has been on a downward slide throughout Obama's presidency, as millions of workers have given up their fruitless job searches (see chart). That also masks the size of the unemployment problem. Dont expect kennytroll read and comprend this post Had the participation rate stayed where it was in June 2009 — the month the recession officially ended — the unemployment rate would be more like 11% today. And when you add in all those who can't get full-time work because of the lousy job market, the jobless rate reaches Depression-era levels of 14.5% — unchanged, by the way, from the month before. Nor does the unemployment number adequately capture the many other ways the job market has deteriorated on Obama's watch. There are, for example, 5.1 million people who've been out of work for 27 weeks or more — nearly double the number when Obama took office. The median length of unemployment is now 19.4 weeks — also nearly double from what it was in January 2009. Even using the misleading unemployment number, there are half a million more people who can't find jobs today than there were when Obama got his keys to the White House. And the economy isn't producing nearly enough new jobs to make a meaningful dent in any of this. The 115,000 jobs created in April won't even cover population growth, much less bring back any of the 7.7 million who've dropped out of the labor force over the past three years. Obama has, in other words, managed to give a whole new meaning to the term "jobless recovery," one that the traditional unemployment measure simply isn't able to capture. And until someone comes up with a better measure, the public would do well to ignore whatever the unemployment rate appears to be telling them

To: Kenneth E. Phillipps who wrote (131871)	5/5/2012 2:13:36 PM
From: FJB	5 Recommendations Respond to of 224744

Everybody knows he was born in Kenya. All of his family in Kenya say so. Only a racist like you would not believe honest African relatives of Obama. Obama is the only dishonest and corrupt person in his Kenyan family...

To: Kenneth E. Phillipps who wrote (131871)	5/5/2012 2:44:03 PM
From: lorne	6 Recommendations Read Replies (4) \| Respond to of 224744

kenracist..."lorne, you are too damn dumb to be wealthy.".... If I'm to dumb to be wealthy you gotta be a hussein obama welfare case. Why cant you see that you are the most dull witted poster on this thread? And racist ken you do serve a purpose here....you demonstrate daily what a democratic/commie party member is like and I hope there are many who read here who may not be members of SI and who will understand why America is in such trouble....You and all like you actually are too damn dumd to vote. ARE YOU A COMMUNIST?