Friday's jobs report indicates that, among some 350 million Americans, America generated a paltry 38,000 jobs in May. Worse still, both March and April previously reported job creations were revised down by hundreds of thousands. Wall Street was shocked. The Fed was shocked. Barry went out for a weekend of golf, cause everything's cool....the Unemployment rate declined from 5.3% to 4.7%. How the hell did that happen?
The real truth is in the Labor Participation Rate. Again, hundreds of thousands of Americans, boosted by Food Stamps, Child Tax Credits, and Welfare, gave up looking for a job. And, when Americans stop looking for a job, under Obama's regime, they are considered "fully employed" and are no longer counted as unemployed.
Ain't it great, folks! When things are lousy, as Americans circles down the drain, our government masters can convince us that everything is just fine. Whether it was the "JV TEAM ISIS", or the Iran Nuclear Deal that allowed Iran to continue their nuclear program, or Obama's wonderful "Arab Spring", hey, it's all good if Emperor Obama says it is!
Never mind that the average American income has been declining 2% a year since Obama assumed the Presidency. Never mind that we are now 20 trillion dollars in debt. Forget about the world turmoil, or race relations as bad as they've ever been, or the explosion in illegal invaders now being subsidized by the American taxpayer....Obama and Hillary says it's good, so it is!
38,000 measly little jobs, most probably part time positions, with the vast majority of that piddly little number probably reflecting an increase in burger flippers as the fast food chains' "real deals" and 6 PM pancakes have saved us from economic decline.
Be sure and vote Hillary, folks! She says she'll continue Obama's agenda. Then you too can be a couch potato and deemed "fully employed".
Sad. Damned Sad
1 comment:
I guess that is why he keeps touting himself as the best President ever. A lot of the sheep just fall into line and believe his crap.
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