Last year at this time, the so called economic experts said we would need 350,000 jobs per month, just to keep pace with our young people entering the workforce for the first time. Now today, I heard one of these experts on Bloomberg say, 115,000 jobs is sufficient to keep pace with the new entries. Last month a report came out that said half of our young people graduating college cannot find employment. So it would seem that now only half of these unemployed Americans are being counted in the equation.
It was admitted, both from the false left and the false right, that net we are continuing to lose more American jobs to outsourcing and the further moving of our industry out of our country, yet the unemployment rate fell from 8.2% to 8.1%. So how can this be?
Well, the Obama administration’s bean counters, who are running three sets of books, removed 522,000 long term unemployed from the equation in April, saying that they had dropped out of the workforce. To come to this number, Obama’s bookkeepers say they called 1,500 long term unemployed, and in talking to these folks, determined that 522,000 people have just decided to just stop looking for work.
How many of you reading this article are being counted in that 522,000 in spite of the fact that you haven’t, and in reality cannot stop looking for work if you want to survive? How many of you were called? To put forth the assertion that an exact count cannot be accomplished is an insult to our intelligence.
Now to the third set of books, this addresses every unemployed person who has exhausted his or her benefits and provides for them to be categorized as no longer looking for work. Now here is some sound logic. Your unemployment has run out. You have already cashed in your 401K and are reaching the point of exhausting your savings account. Your mortgage is a month in arrears. You are desperate to work anywhere for any amount. And today you just got categorized as dropping out of the workforce so the Obama administration can continue to lie the unemployment rate down as we close in on the 2012 election.
From May to August the limit of weeks for unemployment extensions is set to be cut and as this occurs more unemployed will be exhausting their benefits sooner and thus will be categorized as no longer looking for work.
Over a year ago I stated in an article for From the Trenches World Report that the Obama administration and their fraudulent Labor Department would lie the unemployment rate down to 7% by the 2012 election. This whole charade is becoming ridiculous.
The bean counters are saying that only 5 million people have lost their jobs as a result of this depression. However, the Communist News Network, CNN, just released a report putting the true number of unemployed not being counted at 86 million. Another report put the number at 100 million.
The socialists are now putting forth propaganda so outrageous that they cannot possibly expect anyone to believe it. The only purpose these lies can possibly serve is to accommodate the massive election fraud that is being planned for November. Hence, Obama wins in 2012 because the unemployment rate fell. This is not a simple matter of the king has no clothes; this is standing in the middle of a nudist colony and declaring it to be a fashion show.
God bless the Republic, death to the international corporate mafia, we shall prevail.