I Thought Obama Said Unemployment Wouldn't Move Beyond Eight Percent?

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Yeah I’m pretty sure I heard him say that,

Fox News–Vice President Joe Biden said Sunday that “everyone guessed wrong” on the impact of the economic stimulus, but he defended the administration’s spending designed to combat rising joblessness. (SNIP) “The bottom line is that jobs are being created that would not have been there before,” Biden said.

But they are not coming at the pace first estimated.

Just 10 days before taking office, Obama’s top economic advisers released a report predicting unemployment would remain at 8 percent of below through this year if an economic stimulus plan won congressional approval.

Yet the Bureau of Labor Statistics reports that unemployment in May rose to 9.4 percent.
Biden said the White House is keenly aware of the gap between the rhetoric used to sell fast passage of the legislation and the reality that has 14.5 million people unemployed.

In fact the “unemployment rate” has hovered right around 9.5% for the last several months but is that the true percentage of Americans who are out of a job and are ready willing and able to work?

Washington Post–The official national unemployment rate dropped to 9.4 percent in July from 9.5 percent in June, the Labor Department reported Friday, even though the economy lost 247,000 jobs. (SNIP) Q: So why is the labor force shrinking? Isn’t the U.S. population still growing?

A: Yes. And this gets to the heart of the way the Labor Department counts unemployment, which is not without controversy. The monthly count is based on a rotating survey of 60,000 homes, which statistically represents the U.S. labor force of 154 million. That is not the controversial part; that is standard and accepted statistical method.

The controversy is this: In the survey, the Labor Department only counts you as unemployed if you meet a number of tests, including whether you actively looked for work in the four previous weeks. If you did not — and even if you do not have a job — the Labor Department counts you “marginally attached” to the labor force and not part of the official monthly computation.

The Labor Department does, however, take note of you and includes you in another monthly unemployment number — which some believe paints a more accurate picture of the economy — that includes everyone who should have a full-time job but does not. These include the “discouraged,” who have given up looking for work and those working part time who would rather be working full time. For July, this number was 16.3 percent, down from a recent-history high of 16.5 percent in June.

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Hmmmm, the over 16% actual unemployment rate probably explains why nearly 80% of Americans have a friend, relative, neighbor or acquaintance who is out of work and looking for a job. Eighty percent!

Rasmussen Reports–Nearly eight-of-10 American adults (79%) know someone who is out of work and looking for a job. A new Rasmussen Reports national telephone survey shows that only 14% do not know an unemployed person looking for work.

Eighty-two percent (82%) of men and 77% of women know an unemployed job-seeker.

Seventy-two percent (72%) of adults say the current job market is worse than it was a year ago, while only six percent (6%) say it is better. One-in-five (20%) say the market is about the same.

As illogical as it may sound to the average citizen trying to provide for themselves and their families the gameplan of the fascists running this country is falling perfectly into place. To see an excellent example of what that gameplan is we have to go no further than the soon to be former leader of Greenpeace,

bighollywood.breitbart.com–The outgoing leader of Greenpeace has admitted his organization’s recent claim that the Arctic Ice will disappear by 2030 was “a mistake.” Greenpeace made the claim in a July 15 press release entitled “Urgent Action Needed As Arctic Ice Melts,” which said there will be an ice-free Arctic by 2030 because of global warming.

Under close questioning by BBC reporter Stephen Sackur on the “Hardtalk” program, Gerd Leipold, the retiring leader of Greenpeace, said the claim was wrong.

“I don’t think it will be melting by 2030. … That may have been a mistake,” he said. (SNIP)

Although he admitted Greenpeace had released inaccurate but alarming information, Leipold defended the organization’s practice of “emotionalizing issues” in order to bring the public around to its way of thinking and alter public opinion.

Leipold said later in the BBC interview that there is an urgent need for the suppression of economic growth in the United States and around the world. He said annual growth rates of 3 percent to 8 percent cannot continue without serious consequences for the climate.

“We will definitely have to move to a different concept of growth. … The lifestyle of the rich in the world is not a sustainable model,” Leipold said. “If you take the lifestyle, its cost on the environment, and you multiply it with the billions of people and an increasing world population, you come up with numbers which are truly scary.”

At least this guy has the guts to come right out and tell everyone what the goal is of those in power right now. Think about that when you’re standing in the unemployment line next week.

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