Statistics, being as flaccid and flexible as the spine of the typical liberal, should always be taken with a grain of salt. In the case of the Obamanomics of the Greatest Depression, (leave it to Obama to top even FDR’s witchcraft..) might I suggest that one should have several of the fifty pound blocks of salt usually made available for livestock at the ready..
The progressive pompoms of the New York Times are still aflutter for Obama and as notoriously noisy as ever. In “Broader Measure of U.S. Unemployment Stands at 17.5%”, the fifth column of the fourth estate still appears to be alive and well at the Grey Lady. Try as they might to candy coat the data, try as they might to subtly and not so subtly to invoke the early Reagan years, only a Kool-Aid drinker that would have made Jim Jones proud would believe the Bolshevik blather of the silver lining socialists any longer.
Trying to derail the moronic momentum of the left once they get going gets increasingly more difficult the longer that it takes them to go between their breaths. True to form, the Obama house organ starts grinding out its trademark out of tune diversionary/apologist nonsense. In the very first sentence of the article we read that “the job market still was not in as bad shape as it had been during the depths of the early 1980’s recession- until now..” When the left mentions the “1980’s”, you have to understand that they are trying to make more excuses for that awful liberal homunculus Dhimmi Carter, for it was he who ushered in the “early 1980’s recession”. It was the “Reagan resuscitation” if you will, of tax DECREASES that brought about the period of prosperity that the liberals then castigated as obscene profits and other such tawdry titles..
“The broadest measure of unemployment and underemployment” has reached its highest totals in “decades”.. I will go so far as to say that that figure would be almost be about eight decades on the nose as Obama has the passing of the Hall of Shame numbers racked up by FDR on his “to do” list for 2010.
“More than one out of every six workers- 17.5 percent- were unemployed or underemployed in October..” Keep in mind that this statistical anomaly is based upon those who are “the officially unemployed who have looked for work in the past four weeks. It also includes discouraged workers, who have looked in the past year, as well as millions of part-time workers who want to be working full time..” A few points if I may..
That entire paragraph of piffle indicates to me that the ACTUAL number of those being punished by Obamanomics probably stands at TWICE that number. Statisticians are quickly becoming the meteorologists of the Obama administration. For all of their alleged education, with all of their pie charts and graphs and their colorful images on the screen behind them, all that either do is GUESS and when they are wrong, something else is to blame.. With one group, a wind gust from the north is to blame, with the other group, it is “what we inherited from the previous administration”.. At least when the meteorologist screws up, all that might happen is that you get a little wet in the morning.. Soon the “discouraged workers” category will be have to be redefined to mean those under the oppressive Obama grip who are being taxed to death.. When that comes to pass, you can make that percentage being punished by Obamanomics at about 95%..
“Most economists predict that the (unemployment) rate will begin to fall next year, largely because of the federal government’s aggressive response..” Allow me to “predict” that this liberal “government’s aggressive response” has caused the Obama Greatest Depression to continue on and on and generations to come will be suffering because of it.. Please keep in mind that it took eight years after the New Deal for unemployment to go BENEATH 15%.. Anyone who calls the recent market “rallies” as “positive signs” has forgotten that the market “rallied” nine times while Roosevelt was applying the totalitarian tourniquet during his “aggressive responses”..
With an administration zeroing in on the middle class with a barrage of unavoidable and targeted taxes, how is a sustainable recovery possible? Printing valueless cash isn’t the answer. The Obama government insists upon intruding upon and sticking its thumbs in the eyes of the free market when the government should be doing everything possible to get out of the free market’s way. Obama’s answer to the cries of a drowning man is to throw him an anvil..
The wizards at the Times credit this alleged fall in unemployment to “fiscal stimulus, interest rate cuts and a variety of creative steps by the Federal Reserve and the Treasury Department..” “Creative steps” may win you points with the cross-eyed judges on the Times’ “Dancing with the Czars” panel, but “permanent solutions that won’t forever destroy the middle class” are more to my liking.
Remember, “most economists predict that the rate will begin to fall next year..” What happens “next year”? The mid term election. The question becomes, since Obama has already LOST or DESTROYED SEVEN MILLION jobs, what more do we have to go through before they decide to take the necessary “creative steps” to actually create a job or two? So when the “stimulus” money begins making two “shovel ready jobs” next year, can’t you just wait to see the Obama commercials that will follow? They will rotate the spots between these two lucky jobholders while the tinkly piano music plays in the background as the family sheds a few tears all the while thanking the Marxist Messiah for saving them and the nation from the bread lines that he has personally created..
Let’s just call them the winners of the “Obama lottery”. With every lottery drawing there is but one winner. What they never tell you about is the seventy or so million losers who “invested” but didn’t win.. In the case of the middle class, we are participating in the “Obama lottery” involuntarily and against our will and in the end, EVERYONE will lose.
It’s all about “action”. “At the White House Friday, Obama signed a bill to extend unemployment benefits and a tax credit for home buyers..” If the benefits are being “extended”, shouldn’t the bright and shiny Obama economy that was going to create “millions of new jobs” have created millions of jobs for these folks? If these benefits have to be “extended”, hasn’t Obama FAILED? As well, if a liberal government extends a “tax credit” for some, it always creates a tax increase for the rest to overcompensate for the credit that they gave away through the kindness of their hearts..
Let this sink in.. Barack Hussein Obama has LOST seven million jobs. This does not discourage the knuckleheads at the Times. “Compared with the early 1980’s, a smaller share of workers today are officially unemployed and a smaller share are considered discouraged workers..” If that was not obtuse enough for you to tolerate, then try swallowing this one, “..most of its impact have fallen on a relatively narrow group of workers..” When people like Geithner, Biden and Pelosi speak it becomes nothing more than a white noise, literally.. It is the equivalent of socialist Sudoku or a fascist Feng shui..
The Times was proud to announce that “wages have continued to rise for most people who still have jobs, 1.5 to 2.5 percent over the last year..” If that statistic is even remotely true and now that the Obama administration has been advised of this disgusting “windfall profit”, how long will we have to wait for the next 2.5 percent tax increase to stave off some other alleged calamity that has been created by the Demokrats? Even though the Times makes this “2.5 percent” claim in the futile hope of propping up their Demokratic deity, just a little later they say that this statistic comes “depending upon which government survey is examined..” Remember, these are the “it depends what the definition of ‘is’is” people that we are talking about..
“It is a strange combination: workers who still have jobs are doing better than others in deep recessions, but the unemployment and underemployment have risen to their highest level since the Depression..” The “strange combination” is the idea of the Obama/Biden liberal government CURING a problem that they are responsible for creating as opposed to exacerbating it..