Saturday, August 3, 2013

Numbers Don't Lie!

Listening to the news over the past few days, I learned that for yet another month, unemployment fell.  It is now as 7.4%, if you listen to the White House.  But is there anyone still listening to the White House anymore?

Throughout the five plus years of the man pissing all over our Constitution and our citizens, month after month, I have listened to the same bull.  Today we report lower unemployment for the most recent month and in the side notes, there is a nearly obscure blurb about how the previous month's numbers were "revised up".  The democrats strategy has been to put out what they want the people to believe today, and apologize for the mistake later.  In fact, we are a stupid people and we only remember the first story, never the revision or retraction.  I wonder though, why is it that I am the only one who sees this?

Enough with the lies!  Let's dissect the numbers in real life.  The government said unemployment fell in July.  What they forgot to mention is that fewer jobs were created than expected. Of the new jobs we heard the president boasting about, 75% of them were part-time.  In fact, since 2008, about 3/4 of all jobs created, and there were not too many, were part-time.

What the President and his people also failed to mention is that the unemployment rate does not include people who fell off the rolls.  Remember, the endless unemployment of Obama's last term is now limited, so each month, more and more people stop collecting unemployment and therefore, fall off the rolls.

What also was not mentioned is that people who simply gave up searching for work, are no longer counted.  This would be your 55 and up crowd who may have enough saved to take a chance on letting their savings carry them to retirement.  Many of these people are now empty nesters, with the house paid for and no longer need the career or the income of their previous life.  They are among the people who take the part-time Home Depot jobs which Obama was bragging about.

The last thing that was not mentioned is how our former servicemen and women are no longer counted on the unemployment rolls when they are discharged and left to their own survival skill.   This, by the way, was initiated under our previous Democratic President.  Funny how the Dems put our hero's out of work without benefits of any kind, but conservatives are portrayed as the heartless.

At the end of the day, the real unemployment is actually closer to 18%.  It may sound harsh, but it is true.  The people working 20 - 25 hours are not earning a livable wage and should not be counted as working.  But the most disturbing part of this is that as Obamacare takes effect, more companies will eliminate full time jobs and replace them with part-time help. I am not saying anything new.  This is not a revelation.  I just have to wonder, does anyone else see this?  Most of this information is available on the DOL website.  To arrive at the correct number, you will need to do extensive research as the administration has done it's best to hide information under every rock they find, but after the work is done, you will see the numbers don't lie.