Friday, July 9, 2010

Obama Again Misleads

Many problems face our nation but three of them are really huge concerns. Those are unemployment; on-going governmental deficit spending; and the current debt owed by the America government to other nations.

As to national unemployment, most recently the Obama Administration praised a report that unemployment in our nation had again decreased. This time the federal government's monthly calculation showed that the national unemployment figure had dropped from 9.7% to 9.5%. This is an absolute false representation and here are the facts.

In June some 652,000 Americans stopped looking for work and were, by some strange standard used by Obama, removed from the total listing of our unemployed.

In June government agencies laid-off 208,000 employees (the vast majority being temporary census workers) while private enterprise hired 83,000 new employees. This calculation shows that a monthly net loss of 125,000 jobs was realized.

In June the combination of net lay offs and the number of those no longer looking for work totaled 777,000.

As of the end of June there were still 339,000 temporary federal census employees who will be added to the unemployment ranks in the next 90 days.

One economist, who is not affiliated with the White House, stated that the June employment data was "not a reflection of strength but rather a sign of discouragement among the ranks of the unemployed." However, BHO pointed to this claimed reduction in the percentage of unemployed and proudly stated that his efforts were showing success.

It truly has became an absolute requirement to independently confirm any claim made by Obama because it is most like a manipulated and untrue statement.

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