If the labor force was the same as when Obama took office, umemployment would be 11%

I have seen the Obama regime and his compliant media do everything they can to get that unemployment number to below 8%, and they have done an excellent job of manipulating and distorting stats to get the numbers they want. The one number they can not change is the record number of able bodied, adult American not working, which is around 88.5 million. If the labor force was the same as when Obama first took office in 2009, we would have unemployment at 11% or higher. They can try and fool people with the U3 number instead of the U6 number, they can try and claim lower unemployment numbers in spite of people who are going on disability due to their unemployment benefits running out. The problem for Democrats and Obama is, people are not living their distorted numbers. These distortions are only a small amount of the tricks they are using to desperately try to lower the unemployment number. Obama and Democrats, destroying jobs to save their jobs - it's all in the numbers!!!!!!!



http://www.forbes.com/sites/peterferrara/2012/02/09/dont-be-fooled-the-obama-unemployment-rate-is-11/

 

from the article

Some additional facts highlight how misleading the reported unemployment rate, and the political rhetoric around it, can be. One year ago, 99 million Americans were unemployed or otherwise not working, and the unemployment rate was 9.1%. Today, while the reported unemployment rate is 8.3%, over 100 million Americans are unemployed or otherwise not working.

that right there is the real story. The good news is that it's getting out despite the media spoon feeding us the talking points released by the WH.

 

We can see the unemployed in our neighborhoods. No amount of crap shoveling can hide that.

 

The failed Obama economy is creating more Obama voters who don't work and depend on Obama and the government for everything they have.

 

Just think: you could be living in Spain where the unemployment rate is about 25%.

 

just think, if we give him 4 more years that may well be the number here

 

I hear all about this 'failed economy'. I always thought that the Administration created the environment for Companies to do well, who would then turn around use that to hire employees, who would take the money they make and return it into the economy.

Well so far, Major Corporations are raking in the profits, so the Admin held up its end, yet for some reason, even with profits in the 800 BILLION range, they aren't turning around and hiring the workers, who would take their earnings and return it to the economy.

So I wonder, if the break down is with the companies who aren't hiring, why is Obama to blame?

 

The companies are sving up for the next "genius" idea our idiot in chief rolls out. Yes its obamas fault. He has created an environment that induces fear and unrest for anyone that makes money

 

And how did he do that? Bushs administration basically oversaw the financial freedom that caused the recession, and Obama had to try to clean it up. He got as far as he could based on his wimpy democrats, and the most intransigent Republican groupings in history, fighting him tooth and nail. He basically bent over backwards letting the financial giants who caused the recession to get away with it with fines, there is more oil drilling going on in the US then in any other time in history (see 800B profits). I mean, he even loosened up gun rights instead of tightening them.

So, I wonder, what is there to fear? Do people honestly think he has some 'secret socialist bomb' hiding in the wings that will turn everyone in America into a Left leaning Commie gay marriage supporter?

If he was going to really 'destroy' America, he would have done it when he had Majorities in both the House AND the Senate.

 

I fear Obama destroying the great country I love and replacing it with Greece or Spain.

No matter where he was born Obama is an alien in mind and spirit who is turning American into whining welfare babies like himself.

No thank you.

 

thank you for that well thought out, completely rhetoric free argument.

I am very very very sure that America is never going to become Greece or Spain. I mean, if there is one good thing to come from this political gridlock, is that if left alone, the country will prosper. No matter what a large portion of the Right Wing (and a portion of the left. believe me, I hold no illusions in regards to the magical fairy land of left winging) tries to do.

 

I think we are well on our way to becoming an unproductive welfare state.

It was happening before Obama came along but he is actively putting all the power of his office behind the movement and that scares many Americans.

So I'm not so sure that we are invulnerable to our own mistakes and will not eventually fall as every other great power in history has.

 

I don't understand how a country who's Corporate sector, is doing better then it EVER has (profits are finally over the record line set just after WW2) could be on its way down.

While yes, Welfare spending is rising, but it isn't nearly the biggest money drain on the US economy. I do believe that most social programs could be run better, and requires more checks and balances against fraud and abuse, and feel that better education programs would help on a lot of levels in regards to those issues. But we all know how far down the totem pole education is these days...

 

If America is on the rise as you claim then why is welfare sponging going up too?

 

The Recession started the ball rolling. Actually, snowball would be more apt. Less jobs, more Welfare. Unfortunately, coming back around to those record profits I mentioned, if the companies who were doing so well would reinvest and start hiring again, I'll bet you that the Welfare Snowball would get smaller and smaller.

 

Don't assume that the CEO's of major companies or the owners of small businesses are stupid and only Obama knows what's best for them and the nation.

They are not investing in the Obama economy for a reason.

 

Oh I don't assume anything. If they have a reason, I'd love to hear it. 'Uncertainty' is a BS argument tho, because nothing is more certain then profit margins.

Part is me is wondering if they are just waiting for the election results. I'd bet money that if Romney wins, suddenly its HIRING season.

 

It's one of those things where if you have to ask...

Some of the reasons I've heard for the uncertainty are ObamaCare, the explosion of new regulations under Obama, his backstabbing of the GM investors, and his general threats against the rich and successful.

Obama and his policies affect different people in different ways so there is no pat answer to your question.

 

Hey, I'm canadian, I have to ask

ObamaCare, and the whole 'fair taxes for all', yea I can see that. Nobody likes to see the possibility of loss of revenue.

Regulations..well I'm sorry, but history has shown that if having to choose between safety and the bottom line, historically they tend towards the bottom line. If there was a historical track record of companies doing that stuff on their own, I would be less for regs.

What backstabbing do you refer tho, i haven't heard anything on that..

(my response are going to slow considerably, works finishing up. thanks for the debate tho, much appreciated )

 

And government bureaucrats choose unnecessary regulations that cost them nothing.

Obama has often attacked the rich as selfish and greedy.

He demands higher taxes from them even though the already pay more than their share.

 

Your logic has a major disconnect. In the US, small business employs about 55% of all workers. But that does not mean that the rest are employed by "large corporations". In fact, such as the Fortune 500 only employs about 10% of our US workforce. Further, 65% of all new jobs in the US are created by small business.

http://web.sba.gov/faqs/faqIndexAll.cfm?areaid=24

http://www.thirdworldtraveler.com/Economics/DominationCorporation.html

Record profits by the biggest corporations does not correlate to increased employment. Never has. Not sure how you got that anyway, except that maybe it sounds good in Obama-speak ?

The fact is that Obama has not gotten results on improving the economy.

 

Thank you I could not agree more, and have posted a similar argument. I have observed that most posters that discount the profits argument are quite the rabid anti Pres Obama.

 

I am rabidly anti Obama.

But no less so than he is rabidly anti toward Americans like me.

So it goes both ways.

As for corporations stubbornly - and some would say foolishly - refusing to take advantage of the wonderful economy that Obama has created for them that is just nonsense.

If it made sense to invest and hire more workers that's what the greedy CEO's would do.

And they would not need a public sector welfare baby who has no experience in the private sector to tell them when to do it.

 

Alright, Lets take that and continue down the logic-train. The fortune 500 companies only employ 10% of the workforce. Then I can assume they have outsourced those jobs to other countries where they don't have to pay the same wages as they do here, but get double, even triple the work out of said workers, which means more units shipped, which means more profits. Which, once again, leads me to say that if these companies would invest in America, vrs outsourcing to cheap labor, then there would be more jobs. Which would drive the economy.
Sure profit margins wouldn't be 800Billion, but I'm sure they wouldn't be put into the poor house either, and a robust economy would benefit everyone.

Also, to your last point, record profits don't = increased employment, as the current situation has demonstrated. But I don't see companies that are losing money, hiring more people. Profits = success. success = desire to expand. expansion = jobs. jobs = better economy. Unless those jobs are outsourced.

 

Whether they outsource, and by how much, really does not matter with this debate. And you are making more assumptions with no links.

Folks are not being hired. The demand model in the US and most of Europe has been pretzeled and FUBAR for decades due to massive deficit spending by government. That plan always had a rendevous with a cliff. The Great Recession exposed this. Obama chose the wrong path to mend what ails us. Consequently, we have no results, except that we are further down the road that leads to that cliff.