I am Obama Liar in Chief

29.7 Million Seek Work
These 29.7 million people are anonymous, nameless, faceless. But the President’s team knows they are out there, and that they are highly likely to vote.
(Breitbart) – People ask, why all the talk about dogs and contraceptives? The reason is: jobs.
Tomorrow the Labor Department will release its April employment report. If the rate goes down, the administration will brag a bit, but they won’t dwell on it. They know that the unemployment rate does not reflect the actual number of people who need work. Did you ever wonder how many of them are really out there?
Let’s put it in pre-recession, real numbers perspective. In July 2007, at the peak of the bling-years boom, there were 146.1 million people employed, 7.1 million unemployed, and 4.5 million working part-time “for economic reasons,” which, added to the unemployed, gives the number for “underemployed” (U6). There were 78.7 million people not in the labor force. The unemployment rate was 4.6%.
Last month, in March 2012, there were 142 million employed, 12.7 million unemployed, 7.7 million U6, and 87.9 million “not in the labor force”. The unemployment rate is now (supposedly) 8.2%.
With 154.7 million in the labor force, 1% represents about 1.55 million people. The unemployment rate is 3.6% higher, so there ought to be about 5.4 million less people working than five years ago.
 That’s not true. There are indeed 5.6 million more unemployed, but there are also a staggering 9.2 million more people “not in the labor force,” most often because they can’t find a job.
That means the total number of additional people actually out of work compared to 2007 is 14.8 million, or 9.7% of the labor force. Add that to the original 4.6%, and the actual rate of unemployment is about 14.3%. Also, there are 3.2 million more people working part-time jobs because they can’t find full-time work. Let’s add. Today, there are 18 million more people not working or unable to find the job they want than in 2007. Add in the original 7.1 million already unemployed in 2007, plus the original 4.6 million U6, and the total is 29.7 million. In a universe of 155 million workers, the real U6 rate is thus approximately 19%.
This is all Dept. of Labor data, offering an apples to apples comparison.
These 29.7 million people are anonymous, nameless, faceless. But the President’s team knows they are out there, and that they are highly likely to vote. So they don’t want to talk about jobs. They want to change the subject. Hence, more talk about dogs and contraceptives.

I am Obama and here is the truth since I stole the presidency in 2008:

Unemployment has risen from 7.8% to over 15% since Obama took office.

The real U6 unemployment rate is approximately 19%.

National debt has risen from $10.7 Trillion to over $15.3 Trillion – Jan 2009- Mar 2012 US Treasury Dept.

Obama has accumulated over $ 5 trillion dollars in debt in 4 years.

Gas prices have risen from $1.84/gallon to over $3.79/gallon – Jan 2009 to Mar 2012 ABC News

Foreclosure total 7.7 Million since Obama stole office – Jan 2009-March 2012, Realty Trac

A record # 46.2 Million Americans in poverty – Sept 2011 US Census Bureau

Record # 46.1 Million Americans receive food stamps- Feb 2012 Dept of Agriculture

Obama stated Water Boarding is Torture, now I am taking credit for killing Osama when waterboarding and other interogating techniques were used to obtain information to find Osama. Those techniques were used when George Bush was President but not under my watch. I killed Osama not Bush!

How’s That Hope and Change nonsense working for you America?

Wake up America before it is too late

This entry was posted in FIRE BO NOW. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s