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"Recovery" Mirage...


smitty

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92,594,000 Americans are not working!  But despite all of this, the unemployment rate has fell from 6.7 to 6.3%.

The US labor force shrank by more than 800,000 in April.  The labor force participation rate decreased to 62%.  That's the lowest it's been since 1978.  That means 62% of the people working age have a job.  The rest don't, 92.5 million Americans not working.  And obama claims that 280,000 jobs were created in April, and that the unemployment rate has fallen from 6.7 to 6.3%.  One million people dropped out of the labor force in April.  U-3, that's the reported unemployment number. And then there's the U-6, and the U-6 is never reported.  The U-6 is over 12%.  Why isn't the U-6 reported?  Because it includes those who have given up trying to find a job. The AP stated this, "US Economy Adds a Strong 288,000 Jobs in April."  But, the dullards at the AP also reported this, "The number of Americans applying for unemployment benefits rose last week to the highest level since February," and that "the number of people applying for benefits has risen three straight weeks."  How can this be happening at the same time?  If the unemployment rate fell from 6.7% to 6.3%, why are there more people than ever on food stamps? And why are there more people than ever on unemployment benefits if the unemployment rate keeps coming down?  Maybe our friends on the left here can help us by explaining these apparent contradictions! 

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For the umpteenth time.  THis is the weakest recovery from a recession since World War II.  That's a fact and drinking more kool aid wont change it.  GDP has run at about half of what a normal recovery generates.  Sorry, but raising taxes when the economy is barely getting buy is NOT a  stimulative effort but rather a counterproductive one.

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your dead right soon as a president is elected the opposing party try hard to make the presidency a failure to help them in the next election BOTH PARTIES.

Pamfam10- are you then saying that the economy is good and all of the unemployment woes and subpar growth are nothing but lies put out by the opposing party?

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Can someone tell me something positive the president has done? If is opposition says that he hasn't done anything, that is a problem and it makes me wonder.

Not making a personal comparison, just making a point:   You think the opponents of hitler had anything nice to say about him?  The point is: The opponents aren't the problem, hitler was the problem.  History's a great teacher.  Again -- I'm not comparing the personal just the situation. 

I'll tell you what, this is your opportunity to think and shine.  obama is a deep rooted socialist.  We, on the other side, are constitutional capitalist.  You tell us:  what has he done that would make a constitutional capitalist proud!

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Smitty you would prove to me that the president is deep rooted socialist. A socialist is someone who wants the government to control ALL forms of production. He has not expressed a desire to do that. What do you think of our fire dept. Do you like the current setup or would you prefer that bit be run by a private company?
Fireman: that will be 250.00. You give him your credit card.
fireman: while your credit card was processing the fire . Intensified so that will bev an additional 75. Etc
My point is this: we havevto have some form of socialism to thrive. We have never been a purely capitalist society.
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Smitty you would prove to me that the president is deep rooted socialist. A socialist is someone who wants the government to control ALL forms of production. He has not expressed a desire to do that. What do you think of our fire dept. Do you like the current setup or would you prefer that bit be run by a private company?
Fireman: that will be 250.00. You give him your credit card.
fireman: while your credit card was processing the fire . Intensified so that will bev an additional 75. Etc
My point is this: we havevto have some form of socialism to thrive. We have never been a purely capitalist society.

And many think that the "degree" of socialism has gone too far.  Yes, the fire department, the armed forces, and a few other things are good things.  As I have stated 1000 times before, the Federal Government is the absolute WORST business manager in the world and it ought to leave that to the private sector. 

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And many think that the "degree" of socialism has gone too far. Yes, the fire department, the armed forces, and a few other things are good things. As I have stated 1000 times before, the Federal Government is the absolute WORST business manager in the world and it ought to leave that to the private sector.

what degree? A socialist is someone who believes that the government should own ALL means of production. When has the president ever made that statement?
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