Location: In two of the most beautiful states in the U.S.A
Posts: 1,676
Re: More Positive Economic News
Don't go out and buy that new Corvette yet. I received this notice in the mail a couple days ago.
Important Notice:
Due to recent budget cuts, the stock market crash, and the
rising cost of electricity, gas, and oil, the light at the
end of the tunnel has been turned off.
Obama said he's happy because unemployment is at 10% right now.
WOW!
LOL! What's funny is you cite this totally out of context. 10% is not a good number, but if unemployment had been expected to be way over 10% then being happy with 10% would be perfectly understandable. It's kind of like when a football team is playing bad and goes in at half and the announcers say "Coach" is happy to be going into halftime being down by only 1 touchdown.
Unemployment dropped from 10.2 to 10 % for the month! So with the massive, and I mean MASSIVE, amounts of seasonal and holiday help hiring that went on the rate dropped a whopping .2%.
And people are praising the fascist in office why?
We lost 12,000 MORE jobs and unemployment dropped from 10.2% to 10.0%.
I am not sure exactly how that works... except a government economist put the report together....
Then we get some details, there were about 100K temp jobs created due to the Christmas season and there were some additional perminant government jobs created (down here in the south we dont call that a good thing)
but the private sector did not create any real jobs.
good luck with all that....
__________________ If I do something stupid blame the Lortab!
You can't be conservative and vote for a hard core liberal.
Linear Mode
