Green Energy
Only in Obamaworld could someone actually say this with a straight face.
CNSNews:
Obama: Job Losses Prove Stimulus Worked
Monday, July 11, 2011
By Fred Lucas
(CNSNews.com) - Three days after the U.S. Department of Labor reported that the national unemployment rate had ticked up from 9.1 percent in May to 9.2 percent in June, President Barack Obama said that the loss of jobs in the public sector is “evidence” that his $830-billion economic stimulus legislation worked.
“Now, without relitigating the past, I’m absolutely convinced, and the vast majority of economists are convinced, that the steps we took in the Recovery Act saved millions of people their jobs or created a whole bunch of jobs,” Obama said at his Monday press conference.
“And part of the evidence of that is as you see what happens with the Recovery Act phasing out,” he said. “When I came into office and budgets were hemorrhaging at the state level, part of the Recovery Act was giving states help so they wouldn’t have to lay off teachers, police officers, firefighters. As we’ve seen that federal support for states diminish, you’ve seen the biggest job losses in the public sector--teachers, police officers, firefighters losing their jobs.”
President Obama signed the American Recovery and Reinvestment Act on Feb. 17 2009. His top economic adviser, Christina Romer, had reported that the act would prevent the national unemployment rate from reaching 8 percent. Initially, the Congressional Budget Office estimated the act would cost $787 billion. CBO now estimates it cost $830 billion
- Al Sharpton Says Republicans Are To Blame For High Black And Hispanic Unemployment
Surprise: What he says makes absolutely no sense whatsoever. First he says we have gained jobs in the public sector. That's false. During Obama's term, the private sector has lost tens of millions of jobs. Second, he says the public sector has...
-
Washington Times: Unemployment rates rose in 44 U.S. states in July WASHINGTON (AP) — Unemployment rates rose in 44 U.S. states in July, the most states to show a monthly increase in more than three years and a reflection of weak hiring nationwide.The...
- I Can't Stand It Anymore
having more & more of Epa's Howard Beale moments lately. . . PLEASE TELL ME HOW THE FUCK THEY CAN SPIN IT AS AN IMPROVEMENT IN THE JOBLESS RATE WHEN A PARAGRAPH EARLIER THEY SAID IT WAS BECAUSE PEOPLE GAVE UP LOOKING FOR WORK! newsmax: Unemployment...
-
Unemployment rate down because people quit looking for work. Stupid fucking numbers games The unemployment rate dropped to 9.5 percent for the month of June even as the U.S. government dropped 225,000 Census jobs, the Labor Department reported Friday...
- Breaking: Unemployment At 9.7% – New Counting Method Saved Or Created 541,000 Jobs
Remember this? Today at Gateway Pundit: US Loses Another 20,000 Jobs But Unemployment Rate Drops to 9.7% It’s an Obama world. Up is down. Square is round. Trucks are jokes. And, losing 20,000 jobs actually brings down the unemployment rate. The US...
Green Energy
We've crossed some strange boundary here. . .etc
Only in Obamaworld could someone actually say this with a straight face.
CNSNews:
Obama: Job Losses Prove Stimulus Worked
Monday, July 11, 2011
By Fred Lucas
(CNSNews.com) - Three days after the U.S. Department of Labor reported that the national unemployment rate had ticked up from 9.1 percent in May to 9.2 percent in June, President Barack Obama said that the loss of jobs in the public sector is “evidence” that his $830-billion economic stimulus legislation worked.
“Now, without relitigating the past, I’m absolutely convinced, and the vast majority of economists are convinced, that the steps we took in the Recovery Act saved millions of people their jobs or created a whole bunch of jobs,” Obama said at his Monday press conference.
“And part of the evidence of that is as you see what happens with the Recovery Act phasing out,” he said. “When I came into office and budgets were hemorrhaging at the state level, part of the Recovery Act was giving states help so they wouldn’t have to lay off teachers, police officers, firefighters. As we’ve seen that federal support for states diminish, you’ve seen the biggest job losses in the public sector--teachers, police officers, firefighters losing their jobs.”
President Obama signed the American Recovery and Reinvestment Act on Feb. 17 2009. His top economic adviser, Christina Romer, had reported that the act would prevent the national unemployment rate from reaching 8 percent. Initially, the Congressional Budget Office estimated the act would cost $787 billion. CBO now estimates it cost $830 billion
- Al Sharpton Says Republicans Are To Blame For High Black And Hispanic Unemployment
Surprise: What he says makes absolutely no sense whatsoever. First he says we have gained jobs in the public sector. That's false. During Obama's term, the private sector has lost tens of millions of jobs. Second, he says the public sector has...
-
Washington Times: Unemployment rates rose in 44 U.S. states in July WASHINGTON (AP) — Unemployment rates rose in 44 U.S. states in July, the most states to show a monthly increase in more than three years and a reflection of weak hiring nationwide.The...
- I Can't Stand It Anymore
having more & more of Epa's Howard Beale moments lately. . . PLEASE TELL ME HOW THE FUCK THEY CAN SPIN IT AS AN IMPROVEMENT IN THE JOBLESS RATE WHEN A PARAGRAPH EARLIER THEY SAID IT WAS BECAUSE PEOPLE GAVE UP LOOKING FOR WORK! newsmax: Unemployment...
-
Unemployment rate down because people quit looking for work. Stupid fucking numbers games The unemployment rate dropped to 9.5 percent for the month of June even as the U.S. government dropped 225,000 Census jobs, the Labor Department reported Friday...
- Breaking: Unemployment At 9.7% – New Counting Method Saved Or Created 541,000 Jobs
Remember this? Today at Gateway Pundit: US Loses Another 20,000 Jobs But Unemployment Rate Drops to 9.7% It’s an Obama world. Up is down. Square is round. Trucks are jokes. And, losing 20,000 jobs actually brings down the unemployment rate. The US...