He spent two years cleaning up a mess he inherited...“My job over these first two years has frankly been to clean up a big mess,” Mr. Obama said at a $10,000-per-ticket event at a gated mansion in Miami Beach. “We were able to make sure we yanked an economy out of what could have been a second Great Depression.”
And a fine job he did to. In February 2009, the Bureau of Labor Statistics (BLS) reported that 141.7 million people were employed. By the end of May 2011 – the last month for which data are available – that number had fallen to 139.8 million, a difference of 1.9 million.
The numbers tell a different story... Best liar ever...Worst President ever...
Yea, you read that headline right.And Doug Ross has the numbers crunched.......One of the most peculiar observations of this depression started in December 2007 is that while the total US population has increased by 6.8 million from 303.3 million to just over 310 million in July 2010, over the same 32 month period, the civilian labor force has declined from 153.9 million to 153.6 million...
This makes zero sense, as all those aging into working age, or immigrating into the US need to find some job or some other paid activity (either legally or illegally). But let's assume that due to discouragement with economic conditions people simply refuse to look for jobs... [based upon our calculations] the cumulative differential between the labor force as reported, and as calculated has hit an all time record of 3.7 million: this is a number that has to be added to the 7.6 million directly tabulated unemployed to get a sense of just how many jobs have been lost assuming a reversion to the mean for the US economy...
The US has lost just over 11.2 million jobs since the start of the recession. Read it, understand it, vote the bums out.........
The tag team effort of Salazar and Obama to destroy the remaining jobs in the gulf's oil industry failed (again) yesterday.
From
Reuters.
A federal judge in New Orleans rejected on Wednesday the U.S. government’s request to dismiss a lawsuit challenging its original 6-month deepwater drilling moratorium…The drilling halt was subsequently amended, so the government sought to toss out the Hornbeck lawsuit, arguing it was no longer relevant.
But U.S. District Judge Martin Feldman, who earlier this summer blocked the first drilling halt, said in a 20-page ruling that the government’s amended moratorium offered “no substantial changes” from the first one.
23,000 jobs was not enough I guess, he wanted more........At least a few members of Congress see what will happen (is happening) if this doesn't stop.
From state run
AP
WASHINGTON – The deepwater drilling moratorium in the Gulf of Mexico costs at least 23,000 jobs, according to a federal document that weighed the economic impact and alternatives to the drilling ban.
Obamunism is working well for the gulf states. Wait until that lame duck congress rams cap and trade through...Got popcorn?
