Monday, September 17, 2012

Unemployment "Improvement" is a Facade

August unemployment numbers were released on a couple weeks ago, and even the Drive-By Media was admitting the numbers are terrible, especially for Obama. According to the numbers, 96,000 jobs were created. What isn't being trumpeted, however, is that 368,000 people dropped out of the workforce. So nearly four times as many people left the workforce as found work.

Here's the reality, friends: the only reason the unemployment dropped is because there are now far fewer people in the workforce according to the numbers. Fact is if the workforce was the same and so many hundreds of thousands of our fellow Americans have officially left the workforce and therefore do not count in the unemployment numbers.

It's been said countless times, friends, if there were the same number of people in the workforce looking for work, unemployment would be over 11%. The idea that 9 million unemployed Americans simply do not count is preposterous.

Here's the real skinny, friends. The President is in deep trouble. His small convention bump will evaporate as quickly as the bump in his approval when the Navy SEALs killed Osama Bin Laden under the weight of Mitt Romney's new ability to spend his campaign cash.

It will be impossible for Obama to tell people they are better off than they were 4 years ago because they are living the reality. When you drive a 4-cylinder car that's only 3 years old and it costs you over $60 to fill your gas tank, no amount of political spin will change your perception of the economy. When the same groceries that cost you $100 in 2009 now costs you $150, guess what...no amount of political spin will change it.   When you've been looking for work so long that you've dropped out of the workforce, no amount of political spin will make you believe you are better off than you were four years ago. Friends, we are still on the verge of victory.

Keep fighting and keep believing. Game on.

Source: Are you better off? Just 96,000 jobs added in August as 368,000 people LEAVE the workforce in bleak employment report dealing blow to Obama re-election hopes.


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