In January this blog reported Obama’s good news to the nation that unemployment had gone down to 8.5%. In February we reported another announced drop to 8.3%. On May 5th, even with lousy jobs numbers of just over 115,000 new jobs added (we need 400,000 per month minimum), the number was reduced to just above the magic number of 8%. Historians tell us no President has ever been re-elected with an UNEMPLOYMENT RATE over 8%. Real close, huh?
Unless there is a public outcry Obama can falsify the unemployment number to be anything he wishes to support his deceit of the electorate and gain his re-election.
In January we reported Hilda Lucia Solis may be the most important person in the country when it comes to the 2012 Presidential Election. Why? Because Hilda can make Obama's Unemployment Number anything that Obama wants it to be. Right now he is falsely reporting an 8.1% Unemployment Rate. Ms. Solis, Obama’s chief chef, is “COOKING THE BOOKS”! Here is how it works.
When Obama entered office the Civilian Population of the United States was approximately 234.6 million people. The percentage the Department of Labor (under George Bush) calculated as being in the Work Force was 66.1% (called the participation rate) or 155 million of the total population. Today, the population has increased by 8.1 million people since Bush left office, and yet the Obama DOL reports the Work Force has shrunk by 647 thousand workers. They report that only 63.6% of the Population (again, called the Participation Rate) is in the Work Force.
Bush’s DOL reported that 145.5 million workers were employed and 9.5 million were unemployed and the rate of unemployment was 6.1%. Obama reports today 139.6 million (almost 6 million fewer) are employed and 13.8 million are unemployed (4.3 million more). As the people looking for jobs know, this so called recovery is non-existent.
Yet, because Obama reduces the estimated Work Force each reporting period he shows improvement in the Unemployment metric. The punch line is this. IF OBAMA USED THE SAME PARTICIPATION RATE AS BUSH (AND WASN’T COOKING THE BOOKS) TODAY’S UNEMPLOYMENT RATE WOULD BE A TRUE…….13% INSTEAD OF THE REPORTED 8.1% (SOON TO BE UNDER 8%).
THE LOGIC IS SIMPLE. THEY REDUCE THE NUMBER OF PEOPLE IN THE WORK FORCE, KEEP THE EMPLOYED NUMBER THE SAME, AND FORCE A SMALLER PERCENTAGE AS UNEMPLOYED. THE MATH WORKS LIKE THIS. IF I HAVE 100 PEOPLE IN THE WORK FORCE AND 80 ARE EMPLOYED MY UNEMPLOYMENT PERCENTAGE IS 20%. IF IN THE NEXT REPORTING PERIOD I REDUCE THE WORK FORCE TO 90 AND 80 ARE EMPLOYED MY UNEMPLOYMENT PERCENTAGE GOES DOWN TO 11%. THE LIARS CAN MAKE THE NUMBER ANYTHING THEY WISH JUST BY ADJUSTING THE PARTICIPATION PERCENTAGE.
GOT IT. JUST AS YOU KNEW, THESE PEOPLE MAKE BILL CLINTON LOOK MINOR LEAGUE WHEN IT COMES TO DISTORTING THE TRUTH.
RAW NUMBERS: WE NEED 156 THOUSAND NEW JOBS EACH MONTH JUST TO KEEP UP WITH POPULATION GROWTH. WE NEED ANOTHER 250 JOBS EACH MONTH TO GET THE UNEMPLOYMENT RATE NEAR THE 2008 NUMBER. ANY REPORT LESS THAN 400 THOUSAND JOBS ADDED PER MONTH WILL NOT MEASURE UP. BEWARE OF THE “CHERRY PICKING” WHICH THE OBAMA CREW (INCLUDING THE OBAMA PRESS) WILL SURELY DO.
Sometimes we have to go into the weeds because that is where the snakes like Obama and Hilda live. David Axelrod, Obama’s Lie-Master, knows the press will not get into the weeds, and doubts we will.
Think about it,