These Numbers Don't Work

... this administration and those in the media who support Democrats want you to think unemployment is going down.

The 8.2 percent unemployment numbers released Feb. 1, 2012 are based on the removal of another million-plus jobs. There are less jobs available now than in 2008. Until the jobs number increases, unemployment figures will not reflect the recession’s true depth. No President since Franklin Roosevelt has been re-elected with an unemployment rate of 8 percent. That’s why this administration and those in the media who support Democrats want you to think unemployment is going down. 

Unemployment is not predicted to go down for another three years, at least. The Congressional Budget Office (CBO) in a Feb. 1 report pegged true unemployment at more than 10 percent. It shoots up to 15-plus percent if we add the number of people who quit looking, and part- timers looking for full-time work. New York State Comptroller Thomas DiNapoli’s report confirms those numbers. However, that has more to do with New York's economic policies than Federal policies.

The CBO projects economic growth to be 2.2 percent this year and 1 percent for 2013. Its report cites existing tax policy next year and anti-energy production this year as reasons for the uptick.

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Watchdog February 28, 2012 at 04:00 AM
I did not write anything about union jobs. I asked you where you expected to get the money for all the government largesse you advocate, when you pay no taxes on any level on your 6 figure "disability" pension? Not a pot shot, just a question. If everyone did what you did to get what you got we would have no programs for anyone.
jeff meyer February 28, 2012 at 04:12 AM
As I said in my original post which you must have overlooked, when the Bush tax cuts expire that will be a start. Monies from said taxes should be used for a national infrastructure jobs program. These jobs are union jobs with benefits. These are the type of jobs are nation needs to rebuild and secure the middle class. Do you "watchdog' have a pension? Do you have health insurance? If not then you should focus your energy on making a positive change for society and the American worker instead of wasting your breath obsessing over my union benefits, once again. JM Tuckahoe, NY
Pat February 28, 2012 at 04:47 AM
Again, how do you expect to pay for this vision of Nirvana? The numbers you cited about people living below the poverty line as well as on food stamps are both record numbers ACHIEVED UNDER oBAMA. These number WILL only continue to grow with his policies. The freakin' debt is at 16 trillion and rising and yet you are still in lock step support of him looking to spend more. When will you finally realize we are currently "in turmoil" because of obama's policies? When will you realize their goal is to get more and more people reliant on government handouts, not for the individuals benefit but for governments own benefit. When/if the Bush tax rates expire it will not do a thing toward bringing down the debt. Compared to the current debt that additional tax revenue is pocket change and will be gone before you can blink. The debt will continue to rise and we will be to far gone down the road to bankruptcy.
Mike S February 28, 2012 at 06:33 AM
Not only is unemployment still above 8% but the debt has increased to over $15 trillion from about $10 trillion in just 3 years. With all this added debt, one would think that we would have more jobs. Infrastructure spending is necessary but it is a temporary bump in employment and not a solution. Union jobs are great for members of the union but they are bad for everyone else. If every employer had to pay union wages to their employees, the unemployment rate would be dramatically higher and the cost of living would go up as well. Unfortunately when you look at the big picture, every new tax and increase in payroll will only affect the cost of goods and services for everyone. The US government and state and local governments as well cannot keep spending more than they take in without severe consequences down the road. Unfortunately, we are getting closer to the end of that road.
JJ March 02, 2012 at 03:22 AM
We're getting ready to "dismiss" 40,000 Army Soldiers & 20,000 Marines from active service over the next few years. HOW WILL THE FOLKS IN CHARGE "SPIN" THAT UNEMPLOYMENT FACT? Spin & spin = Manure ; we're in DEEP trouble here folks. Please tell me WHERE this employment rate has GONE up? We are the unwilling led by the UNKNOWING.


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