I ran the unemployment numbers. I did some quick “arithmeticking,” and I figured out that another four years of Obama, unemployment will be down to 7% and another five million people will drop out of the workforce.
How convoluted is this, 368,000 people drop out of the workforce, and the unemployment rate goes down 8.3 to 8.1%? What you need to know is, if the labor force were the same size today as it was when Obama was immaculated, the unemployment rate today would be 11.4%. The U-3, the U-6 would be close to 20% unemployment. But so many people have stopped looking for work that they’re not even counted as being unemployed. These are people that have burned through their 99 weeks of unemployment benefits.
Think about it. In August, four people gave up looking for work for every person who actually got a job. Folks, I have to tell you something. I have a summary of media headlines. They are not trying to paper this over. They are not trying to sugarcoat this. The only outfit that is is the WhiteHouse.gov website. They’re not even trying. The media, State-Controlled Media, is not even trying to spin this. It is an unmitigated disaster no matter who’s looking at it. And this guy on CNN, his name is Ali Velshi, he told poor old Soledad O’Brien, who’s desperately hoping for some good news. (paraphrasing) “Soledad, it’s not just that there aren’t any jobs; it’s that the jobs that are being created are worthless jobs.”Continue reading on www.rushlimbaugh.com