Misery Index

Jimmy smiles in approval.....

Inflation=9.6
Unemployment=16.6
Jimmy---21.98
Barry----26.2
You make the call.

Hope

I hope for change....

Obama's Unemployment Numbers

Do the numbers add up?
Well yes they do actually.....

Explained in two sentences.

If you remove 2.33 million people from the labor force within one year, that will indeed help lower the unemployment rate. It is, however, not the same as helping the unemployed find jobs.

The latest jobs report.

The number of people who were “not in the labor force” In March 2010 was 83,264,000 (seasonally adjusted). In March 2011, it was 85,594,000 (seasonally adjusted). If you want to know how unemployment dropped a point, look no further than this statistic.

Sure to be reported by all the major networks right?

New Day, New Excuse

Jobless claims rise.

                                   

“It’s the volatility around the Presidents’ Day holiday,” Jonathan Basile, director of U.S. economics at Credit Suisse Holdings USA Inc. in New York said before the report. “The swings around this moving holiday sometimes distort the trend. The labor market has been improving. Firms feel better about the outlook because their sales have improved and the need to cut costs” has decreased. The Presidents’ Day holiday was Feb. 21.

Uh, I have not heard this one before...
Update....
Markets don't buy it either! 
                              

Snakeoil Isn't Selling

Americans are not buying what he is selling.

                                   

8.9% unemployment with a smaller workforce is nothing to cheer about Barry.
                               

Of Course The Unemployment Rate Dropped

The pool of unemployed is at a 27 year low.

                                   
Rick Santelli.                               

The government's definition of the labor force is all individuals 16 years of age and older, who are employed or seeking employment. It does not include students; retirees; anyone with unreported income, or "discouraged" workers.

The participation rate is the comparison of the "labor force," those looking for work or employed, and everyone else. That ratio is currently 64.2 percent seasonally adjusted, and 63.9 percent non-seasonally adjusted, the same level as last month. Both of those percentages are currently running at 27-year lows, meaning the percentage of Americans not working or even trying to join the work force is at a near three-decade high.

And the spot on reason for this sleight of hand goes to Steve Gilbert from his great piece.

After all, the important thing is to get the unemployment rate below the magical 8% before the 2012 elections, by hook or by crook.

These folks running the White House can't be trusted to give you the correct time of day........

All Is Well(jobless claims hit 3 year low)

But "experts" think the unemployment rate edged up.....

                                   
Until the revisions.
Lovely......
                               

Unemployment Drops .4%?

How is that possible when only 36,000 new jobs were added?

                                   

Change the tables and data.
                               

Did Unemployment Pay For Loughner's Glock?

Via Sweetness & Light.

                                   
                                

Glock 19: How did Unemployed Jared Loughner Buy Popular, Expensive Pistol?

The Glock 19 Costs $400-$500, Not Including Bullets and Magazines

By SUSANNA KIM

Jan. 11, 2011

The gun Jared Lee Loughner allegedly used to try to assassinate Rep. Gabrielle Giffords is a popular firearm around the world. Questions remain how Loughner, with no record of recent employment, could afford a $500 Glock 19.

Little is known about Loughner’s employment record. He volunteered at a local pet shelter in January and February of last year, according to the New York Times, which reported he was told not to come back after he refused to follow the rules about where to walk the dogs. Loughner said on his application at the shelter that he worked at an Eddie Bauer store in Tucson from October 2008 to November 2009…

Given that our new unemployment benefits which now extend for three years, Mr. Loughner could easily still be collecting unemployment from his job at Eddie Bauer. The top unemployment benefit in Arizona as of 2009 was $240 a week. Which should be plenty for someone still living with his parents.

By the way, you will notice that ABC News did not wonder where Mr. Loughner got the money for his daily marijuana smoking.

If it turns out that he did purchase this pistol with extended unemployment money should Congress be held partly responsible? What will Ms. Pelosi say?

Should people be allowed to buy guns with federal money?

I won't hold my breath for Ms. Pelosi's answer.......

Unemployment

9.4% or 19%?
                                   

Oh, who to believe.
                                    

I think Ben might be right about the five year time frame, that is if the left is completely destroyed in time....                                                                

From Summer Of Recovery To Season Of Hope

Summer of recovery............
                                   

Season of hope..........
                                   

What the hell will spring bring?

 From MSNBC.
'Season of hope' 
Crazy uncle Joe, er VP Biden......
                                   
                               

Republicans argue tax cuts must be made permanent for everyone to avoid sapping spending while the economy is still weak. They also say Congress should have a plan to pay for the estimated $65 billion cost of extending jobless aid, in order to avoid adding to the country's high and rising debts. Three weeks before Christmas, Biden stressed it was not the time to sever support for those in need.
"Cutting unemployment insurance is not only not smart, it's not right either," Biden said. "That's no message to send in the season of hope."

This young lady has a great post on other idiots who think like Joe.
Why don't we all go on unemployment and sit back and watch the economy explode!
                                                                

Unemployment / Obama dissaproval Video

See any correlation there? Heh.
Some only see a unemployment video, some of us see the truth.

He is well on his way (if he isn't there already) to being the worst President in history.
H/T The Astute Bloggers