Listen, His Imperial Majesty is as happy as the next guy to hear that the economy added 120,000 jobs in November. Granted, they’re mostly temp jobs for the holidays which will disappear in a *poof* of smoke come January, but even a temp job is better than no job in the dreary mess that Comrade SCOAMF and his NSDWP have made of our once thriving economy.
But it’s getting to be a bit much hearing the Make Believe Media having synchronized orgasms as they endlessly trumpet the “recovery” that the “drop” to 8.6% unemployment represents as a result. Because it’s not a drop in any real world sense of the word.
First, just to keep up with new people coming of age and entering the workforce, we have to add 200,000 or so jobs a month. That’s 80,000 more unemployed, net, than we had a month prior unless our calculator is broken.
Second, and this is so very typical of the little “tricks” that DC uses to make things seem not quite as horrid as they really are, about 300,000 of those “no longer unemployed” citizens making the unemployment rate “drop” became “no longer unemployed” because their unemployment benefits ran out.
So, to sum up, we have 80,000 additional unemployed who entered the workforce but couldn’t find even one of the new temporary McJobs, plus about 300,000 still unemployed individuals who now can’t even draw unemployment benefits. And just in time for the holidays too.
And we’re supposed to call this a “recovery?”
Hey, we have an idea: How about eliminating unemployment benefits altogether? That way, hey presto!, we have 0% unemployment!
There are lies, damnable lies, statistics and then there’s everything the government fraudulently cooks up to pad their own resume.
Heckuva job, Barry!