The new unemployment numbers were released today and they are grim. There were 263,000 jobs cut in September. We now are looking at 9.8 percent unemployment. That is the highest unemployment rate since 1983. Alarmingly, it is the steepest decline in employment over a similar period of time since the Great Depression.
Obama says he’s exploring any and all options he might take to see that people who wants jobs can have them. He blames the problems we are having on the ‘previous administration’. He says changes won’t happen over night. He says that the ’sobering’ statistics out today are evidence that rebuilding the economy will go in ‘fits and starts’. He says that the economy is improving overall, in spite of the almost record-breaking decline in jobs over the past year and in particular over the past few months.
That’s what he says. Do you believe him?
In other words, ignore what you are seeing and believe what I am saying. The prospect of jobs is dim, but the economy is actually better. Costs are rising, but the economy is better. The Cash-for-Clunkers program was a dismal failure, but the economy is better. Don’t look at the reports or the unemployment lines, listen to my words. Things are better. Most importantly remember that none of this is Obama’s fault. He inherited the problems.
Oh, and pay no attention to the man behind the curtain.
Obama gave this little speech as a result of the dire unemployment numbers that were released by the Labor Department today. Employment rates have dropped for 21 straight months. Current unemployment is at a rate we haven’t seen since June 1983. 263,000 jobs were lost in September. This recession technically started in December 2007. At that time, the number of people without jobs was 7.6 million. Today, the number of people seeking unemployment assistance is 15.1 million. Can it get any more depressing? I’m afraid it can.
This has become the worse recession we have experienced in 70 years. Whatever Obama is doing isn’t working. The stimulus package, the enormous amount of national debt he’s incurred in his short time in office and his attempts to charm the world into liking
him us just aren’t working. The economy is in a tailspin and we are in trouble.
Obama, the main stream media and the democratic lapdogs are putting a political spin on the facts as hard and fast as they can. They are assigning blame to anyone other than themselves. I’m afraid this problem is sitting squarely on Obama’s less-than-capable lap. Unfortunately, we are all along for the ride.
Here’s the video of Obama trying to put a spin on the bleak numbers put out by the Labor Department earlier today.
Obama on ’sobering’ Unemployment Rates – Video