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More Delusional Economic Nonsense from Obama

By Larry Johnson on June 8, 2012 at 2:28 PM in Current Affairs

Barry Soetoro Obama remains his own worst enemy. He’s like a cocaine addict or alcoholic that refuses to admit he has a problem. As long as he denies he has a problem he will be unable to take steps to fix it. In his clouded brain there is nothing to fix–things on the economic front are swell.

Really? Private job creation is fine?

Obama signed his economic stimulus package into law on 17 February 2009.

In March 2009 U.S. civilian noninstitutional population was 220,317,000 and there were 140,887,000 employed. Unemployed stood at 13,161,000. Number of folks “not in the labor force?” 81,038,000.

So where do we stand as of May 2012? Our civilian noninstitutional population increased to 242,784,000. The number of employed now stands at 142,287,000. Unemployed are 12,720,000. And the number of people not in the labor force has soared to 87,958,000.

Mr. President, are you this totally clueless? Are you really that uninformed?

In the three plus years that Obama has been President our population of potential workers has grown by 2.4 million. Yet, there are only 1,400,000 more people working today than in March of 2009. The only thing Obama has achieved is that he has driven 6,920,000 Americans from the labor force.

Yet, the ignorant Mr. Obama continues to insist that the Private sector is doing great and that he has created 4 million jobs. Bullshit. Deal with the actual numbers.

And thanks to “FormerLiberal” for the following:

  • Roninstia

    The Romney campaign hq just broke out the champagne.  There were enough sound bites in this one speech to fuel TV commercials for the entire season.

    • foxyladi14

       HOORAH!!!!!

  • FormerLiberal9

     Some people just don’t get the fact that we are hurting economically as a county. They would rather believe the nonsense Obama spews out like he really knows anything about the economy. All the while there are others who just look at each other and say SOS different day.

  • HARP2

    Obama is the biggest headwind we have.

    • getfitnow

      ”The Titanic is upright and doing fine.””The Hindenburg is aloft and doing fine.””Casey Jones’ train is on the track and doing fine.”
      Romney was too diplomatic in his response.It’s not an extraordinary miscalculation, it’s an extraordinary disconnect from reality.

      • TeakWoodKite

        LOL.

  • HELENK2

    Obama says US economy is not doing fine, too many people out of work, housing, construction still weak – @Reuters

    backtrack backtracks
     

    • HELENK2

       http://weaselzippers.us/2012/06/08/damage-control-obama-now-says-its-absolutely-clear-the-economy-is-not-fine/

    • getfitnow

       He threw himself under the bus.

  • HELENK2
  • HELENK2
  • elizabethrc

    The Romney camp needs to make an ad which shows Obama in the morning (superimpose the time on the video) saying that  “all’s well with the economy” and juxtapose the second comment today saying the exact opposite (along with the time he said that).
    It shows, if nothing else, that the man will say anything to get elected.  He has no spine, no principles and no sense of what America is about nor of what Americans want for their country.
    A sad example of what passes for quality from the Democrats.

    • getfitnow
      • TeakWoodKite

        Romney, Obama’s presumptive opponent this fall, said the president was “really defining what it means to be out of touch with reality.”

      • KenoshaMarge

        Should be apparent to the Obama camp by now that they are not fighting the McCain campaign this time around. This campaign fights back and fights back fast.

        Obama also had a clear advantage in the media, slobbering press agents, and a clear advantage in $$$$.

         Now, still got most of the slobberers but the $$$?
        Romney will come close if not raise more. 

  • Propertius
  • http://www.facebook.com/people/Sue-Lynn/1831312967 Sue Lynn

    Sarah Palin…not for sale….Obama bought and paid for…..

  • Flop_Flipper

    Obama even looks like he knows he is going to lose.

    • getfitnow

      Are we sure this man isn’t having a nervous breakdown? He looks awful.

    • KenoshaMarge

      I’m not sure his ego will allow him to believe he can lose. What I see if a man who is genuinely offended that anyone is daring to question him.
       
      He got used to the slobbering love affair from the media and thought it would never end. Without them to prop him up, he’s got nothing.
       
      Media types are sharks. And they are beginning to smell blood.

  • DianaLC

    The Democrats are probably all hoping Obama will come down with strep throat or some other reason for losing his voice. 

    As I have mentioned before though, don’t call him on the fact that he says one thing in the morning and the opposite that afternoon.  He’ll find a way to claim that he was telling the truth both times. 

  • HELENK2
  • getfitnow

    I want to see this “doing fine” soundbite played repeatedly in Republican advertising every day through to election day.
    This “doing fine” line should be attached to That One just like “I’m not a crook” cloaked Nixon.

    • jrterrier

      the GOP already has an ad out:

      http://youtu.be/241jxCN1AfQ

      • JJ_the_PUMA

        In the words of Jack Buck, “That’s a Winner”.

    • Anthony_1

      Well, the Obama team clusterfucked John McCain for saying “The fundamentals of our economy are strong” right after Bear Stearns went belly up.

      Did he think we were going to forget how “out of touch”  he told us McCain was for making that remark?

      I hope he keeps hammering this talking point all the way home.  To Chicago.

      • KenoshaMarge

        I suspect that John McCain has waited for a chance to pay Obama back for the “I won” comment he made.

        Obama the arrogant has made a lot of enemies. Even in his own party. Will crowds of adoring media types be enough to save him?

        • Anthony_1

          He’s losing the media.  Even that simpering douchebag Chuck Todd was criticizing him last week.

          According to Axelwhore et al, we are supposed to be angrier about what Mitt Romney does with his own money than what Obama does with OURS! 

          • KenoshaMarge

            The Presstitutes are sharks and if they smell blood in the water they will attack.

            BO may be their hero but that won’t stop them. He may learn, as McCain learned, that you can’t trust them. You may think you have them eating out of your hand until you pull back a bloody stump.

            Chuck Todd is a sad example of what passes for a “journalist” in our society today. Wouldn’t make a pimple  on a real journalist]s ass.

  • TeakWoodKite

     242,784,000
    -220,317,000

  • getfitnow

    I love this comment:
    ********************
     Let me be clear, President Obama acted stupidly.

  • HELENK2

    http://terrellaftermath.com/

    check out today’s picture

  • BronwynsHarbor

    SEVEN MILLION more from the labor force.  

    We’ve gotta hit the local copy stores, and hand this post out to everyone we know (well, who votes).

  • HELENK2

    this is painful to watch

    the great communicator???????????

    http://freebeacon.com/the-great-communicator/

    • DianaLC

      HELENK2,

      Now we know why he picked Carney as press secretary.  It’s clear that Carney is the only one who understands Obama, and Obama understands Carney very well.  They speak the same language–whatever language it is.

      • KenoshaMarge

        I think the languare spoken by Obama and Carney is either babble or drivel. The meaning however is clearly bullshit.

    • jrterrier

      i think this video was doctored. 

    • PainKillerJayne

      lmao That is Perfect!  I think TOTUS is on strike!

      • FormerLiberal9

         He can’t rely on TOTUS during the question part of the press conference. He is on his own with questions, great speaker right.

    • whizzbang

      This video was most definitely edited.

  • HARP2
  • http://profile.yahoo.com/QFETVCBKXPGW4WLPK2QEW35OPQ scoot

    Is he and his administration coming unhinged? The private sector is
    “fine”–has he lost his mind? As to the intelligence leaks–he is offended that some think his administration would leak this sort of information to gain political advantage. Well, read the NYT account of where it got the data on the procedure for drone kills. Someone is lying. If the NYT didn’t get the information from the Obama people pray tell where did they get it. And Obama’s AG says the reference to “fast and furious” in the recently revealed e-mails didn’t refer to “Operation Fast and Furious” but to a different operation. Clearly this is a group who adhere to the view if they say it is so, it is. I suspect that if the “main stream media” continues to cover up for Obama, the Romney ads will educate those not totally impaired from the “koolade”. Let’s HOPE!

  • HARP2

    Sesame Street economics.

    One of these things is not like the other.

    President Obama: “The private sector is doing just fine”

    President Obama: “Let me be clear, the economy’s not doing fine”

    • Flop_Flipper

      Obama’s definition of the economy is government takeover. And from where he sits, it sucks.

  • HELENK2

    per  fox news
    holder appointed two attorneys to investigate the national security leaks

    should we expect the same kind of stonewalling on this as there is on fast and furious????????

    • HELENK2

       http://thehill.com/blogs/defcon-hill/policy-and-strategy/231857-holder-appoints-two-prosecutors-to-investigate-national-security-leaks

    • HELENK2
      • HELENK2

         http://voices.washingtonpost.com/crime-scene/del-quentin-wilber/obama-to-nominate-machen-to-be.html

      • HELENK2

         http://www.breitbart.com/Big-Peace/2012/06/08/AP-NewsAlert

        more on the prosecutors

    • HoosierinDixie

      What a joke. I think they will eventually pin it on some peon deputy-dog undersecretary of some department that nobody has ever heard of before. But of course not before they make a big show of faux outrage.

      • getfitnow

         Why was That One so defensive when asked. Any POTUS, whether he/she meant it would have said they’d get to the bottom of it. Nooooo, he was “offended.” That was not presidential at all.

        • HoosierinDixie

          LOL. He has been hanging around the hollyweirds too much.

          Scene 1 : “How dare you question my integrity”!!!! Insert the race card here. Que the minions to pile on. End of scene.

      • FormerLiberal9

         Only problem is that it had to be someone who was in the know. In the inner circle so to speak.

        • HoosierinDixie

          Exactly right Former Lib9. According to the NYT  reporter, he spoke to 3 dozen current and former advisors.  Only question remains is who gets thrown under the bus. I highly doubt it will be the real culprit/culprits.

      • Flop_Flipper

        It’s obvious that this has David Axelrod’s fingerprints all over it. Bet the farm on it.

    • sowsear1

      What “Fast and Furious”? Never heard of it…

      • getfitnow

         A group of black ministers thought it was a movie.

      • FormerLiberal9

         Only you and Eric Holder “never heard of it…”

        LOL good one!

      • Flop_Flipper

        I’m certain they were just discussing a Vin Diesel flick.

      • TeakWoodKite

        Isn’t that the hit single by The Beavers?

        The flip side has the awesome tune “My Two Front Teeth”

    • HELENK2

       http://pjmedia.com/blog/white-house-faces-mounting-chatter-over-intelligence-leaks/

      what i am afraid of is that this was done to put an obstacle in the way of a real investigation.

      Both sides of the congressional  aisle want answers, with this will they or the American people get them???

      • HELENK2

         http://www.washingtonpost.com/local/profile-of-rod-rosenstein-us-attorney-for-maryland/2011/09/29/gIQAfOTWYL_story.html

        here is the other guy that backtrack kept from the bush era

      • KenoshaMarge

        The Holder DOJ do an honest investigation of White House leaks? Seriously? They can’t really expect that this is gonna fly.

    • TeakWoodKite

      In a word……yes.

    • ehuntert

      the fox will gladly guard the chicken house

    • KenoshaMarge

      You betcha!

    • Madame_deFarge

      I suppose Ken Starr is busy. LOL!

  • jrterrier

    and this is how he walked it back.  what has he done about it — talked.  another oops moment.

    “It’s absolutely clear the economy is not doing fine,” the president said while sitting alongside Philippines President Benigno Aquino in the Oval Office. “That’s the reason I had a press conference. That’s why I spent yesterday, the day before yesterday, this past week, this past month and this past year talking about how we can make the economy stronger.”

    • getfitnow

      Let me be clear, I really meant this but I said that because Europe didn’t
      do the other thing so to save the country it was important for me to say
      whatever.

      What a fool.

    • Flop_Flipper

      It’s taken two and a half years to begin talking about how to make the economy stronger. He hasn’t a fucking clue. First he says everything is alright, just peachy, then has a Doh! moment to retract and  mirror what every sane person in the free world has known for literally years.

      Apparently Bill Clinton has rubbed off on Obama. I couldn’t thank him enough!

    • KenoshaMarge

      The only economy he’s been working to make stronger is his own. If he “worked” 1/2 as hard on the economy as he does flitting from fund raiser to fund raiser he might, and I do stress might be more effective.

      Or at least look like he gave a crap.

      And he does sound resentful that he had to have a press conference. Even with pre-chosen media supporters asking the questions he screwed it up.

      Tell me again about how he’s the smartest prezdint ever.

  • Retired_from_SPOnaj

    Will no Obama supporter explain why the private sector is fine?

    • HARP2

       The best they can do.

    • PainKillerJayne

      Okay I will play………….just for giggles.

      nancy Pelosi said unemployment benefits are great for the economy….ergo, the private sector Walmart, Target et al are thriving.

      See this is easy .  

      • Popsmoke

        Interesting… As the economy goes deeper into the crapper. Food salvage companies and firms like Wal-Marts do a bang up business…

        But then again Wal-Marts only employs 2.4 million folk worldwide….. Thank god for the private sector….

    • Popsmoke

      Sorry that information has been deemed classified and critical to national security….

  • getfitnow

     I know the presser was a complete joke, but one would think any POTUS would have, at least, said he’d get to the bottom of the leaks and find out who was responsible.. But this jackwagon  got all defensive and was “offended.”

    • HELENK2

       http://nation.foxnews.com/charles-krauthammer/2012/06/08/krauthammer-obama-will-regret-having-made-statement-national-security-leaks

      krauthammer says backtrack will regret having made statement on national security leaks

      • Madame_deFarge

        The best spin he will be able to come up with is “I didn’t know” thereby looking as clueless as he actually is. If he is no more in charge than that he should be impeached. If he and his ego trip were the origin of the leaks he should be impeached and imprisoned. Which one FlimFlam Man?

  • http://pulse.yahoo.com/_W6RLFUOLWP23SJ5RQHENEPHKME David L

    Sadly enough, this sorry bastard believes all the bullshit he spews.  He thinks if he just keeps repeating his lies, sooner or later the public will start believing him..  I don’t think so asshat !!  Even some MSM are starting to tell the truth, and the truth is what will send  Obongo to the unemployment line. 

  • samb1

    I will take a miss quote,
    a miss spoken word, 
    a wardrobe malfunction, TelePrompTer accident or anything that Keeps the Parade of Fools coming.
    His verbal miss steps, are steps in the right direction.
    Go Mitt!!!!!!
    ___________

    Have a good weekend all-Hope you enjoy this-

    http://www.youtube.com/watch?v=tPk11AugG4c&feature=related

  • jrterrier

    same old, same old.  instead of helping those who need it, they help their friends.

    ACORN, the supposedly defunct organization defunded by Congress in the aftermath of James O’Keefe’s video exposing ACORN employees’ willingness to help out pimps and prostitutes attain government benefits, is back. As Judicial Watch has uncovered, the Obama administration offered $445 million to a former ACORN official as part of a $7.6 billion government program designed to help “unemployed or substantially underemployed” Americans make their mortgage payments.

  • shelldoll2

    Obama as: Kevin Bacon

    Remain calm! All is well!

  • Popsmoke

    Like I said both isles are full of shit….

    http://www.google.com/hostednews/ap/article/ALeqM5h3S6nbON0vZJRDSEql1J-hKttLQQ

    Talk about Wall Street burning the candle at both ends….

    http://www.finalternatives.com/node/20608

    Lets not forget the military/industrial complex and its special interests?

    Anyone for the “Lords Of War”?

    http://www.businessinsider.com/lockheed-martin-sells-thaad-missile-system-to-uae-2012-6#ixzz1xEzY6wLJ

    http://www.iwatchnews.org/2012/06/06/9104/are-nuclear-weapons-contractors-millions-campaign-contributions-buying-favors

    Oh yeah lets not mention political stupidity at its finest hour. This time for the republicans….

    http://www.miamiherald.com/2012/06/02/2829960/the-gop-demographics-and-voter.html

     

    • Hokma

      “Like I said both isles are full of shit…. ”
      I don’t see a problem with the GOP POV on this at all. Obama is clearly the one playing political campaign games with this.
      ____________________________________

      “Talk about Wall Street burning the candle at both ends….”

      Since “Wall Street” is in Manhattan a majority of those working there are democrats and Obama got more than a fair share of their support in ’08. But considering his clear anti-business policies, I cannot blame  most if not all wall Street execs donating to make sure he is not re-elected and to put their money behind one of their own (Romney).
      _______________________________

      “Lets not forget the military/industrial complex and its special interests? ”

      $18 million in donations does not seem like a lot compared to the donations made by the anti-business lobbies like varous tree-hugger factions and labor unions.
      ____________________________________

      “Oh yeah lets not mention political stupidity at its finest hour. This time for the republicans….”

      Leonard Pitts is an African American who wrote the most compelling piece following September 11th, 2001 (http://www.miamiherald.com/2001/09/12/374188/sept-12-2001-well-go-forward-from.html) and then proceeded to forget it ever happened and quickly reverted back to his very  far left opinions.

      So he happens to find a needle-in-the-haystack of a mistake and misuses it to get people to believe that it is the norm.
      ____________________________

      Based on your opinions one would be hard-pressed to believe that you will vote for anyone but Obama.

      • Popsmoke

        “Based on your opinions one would be hard-pressed to believe that you will vote for anyone but Obama.”

        That’s funny! I would vote for a hobo before I vote for Obama. Saying that now… I would also vote for the same hobo before I voted for Romney.

        As far as Wall Street is concerned….They burn the candle at both ends and you know this as well as I do…. Dems might get a little more now and then but lately? The republicans have been getting a ton of it….

        As far as the military/industrial complex is concerned… That 18 mil? Chump change and the pay back dwarfs what the evirocritters can ever dream of….

        And stupid is as stupid does has become the norm in Congress…..

  • Popsmoke

    Then we have democratic political stupidity…..

    http://www.guardian.co.uk/commentisfree/2012/jun/09/did-republicans-deliberately-crash-us-economy

    Blame the republicans…. Hey Republicans blame the democrats. Democrats blame the republicans! What do American voters do? We reelect the same blamers back to office!

    • Hokma

      The writer’s view is precisely why Europe has had economic misery. More stimulus? What did Obama stimulate in ’09? He gave money we did not have to states to hire government paid workers who had to be laid off due to the recession and when the stimulus money ran out those same people were laid off anyway – which now Obama is now blaming for the bad economy here.  GOP has it right – Dems/Obama are tone deaf.

      • http://lesstalkmoreactivism.blogspot.com/ Canaan

        That’s the other shoe, isn’t it?  If O thinks private sector job creation is fine, then he must think the problem is not enough gov’t jobs. That’s even worse than the first shoe.

        • Popsmoke

          First of all brain dead… The job cuts have hit the public sector just as hard as the private sector…..

      • Popsmoke

        Come on Hokma you of all poeple know better than this.  So now I guess even Bill Clinton is an asshole?

        So lets see how you expalin the differences in both of these sets of charts?

        http://www.businessinsider.com/obama-economy-2012?op=1

    • stodghie

      it is the democrats being dicussed here pop. i don’t hear anything about oblunder ever coming from you.

      • Popsmoke

         Then you need to go and get your GED. Because you sure as hell can’t read…..

        • stodghie

          poor ole pop, i have several degrees. i can read and see what you do. you aren’t subtle about your comments. why isn’t it you never take the worst president in this history of this country to task? crickets!

          • Popsmoke

             What are your degrees in? Home Economics? While I do not approve of the way Obama is handling things and that also means I do not like Romney either.

            I am also very mindful of…. http://www.theodore-roosevelt.com/trsorbonnespeech.html

          • stodghie

            REPLY TO POPSMOKE  what my degrees are in happen to be none of your business. i watch what people post over the long haul popsmoke and not listen to assertions of even handedness when their overall behavior says otherwise. you aren’t the first and won’t be the last flying false flags thinking that you are all that clever.

          • Popsmoke

             First …. I am not on any other blogs and I do not fly false flags. For someone with multiple degrees you act like you have special education certificates.

            Let me tell you what pisses me off about people like you.  You are a partisan wimp and chicken hawk  that can’t see beyond the trees. Not every democrat is an asshole and not everything Obama does is wrong.

            At least the man is in the arena. What arena have you ever been in?

          • stodghie

            poor ole pop, always with the insults and name calling. sigh once again! you don’t take obama to task. you run with “what about the repubs when we are discussing obama and his destruction of this country. sir, get a grip!

            ahh fellah/gal! whatever! you have never been invited to DC for your views and writing. i have so cut the crap! btw it was the dems who asked me so deal with that. i am not a dem or repub despite your insults. the last refuge of one who can’t discuss with intelligence and critical thinking is name calling.

  • HELENK2

    http://www.thegatewaypundit.com/2012/06/214393/

    Hillary Clinton says obama’s deficit sends message of weakness

  • HELENK2

    http://pjmedia.com/tatler/2012/06/09/graham-mccain-holders-special-investigators-into-intel-leaks-arent-good-enough/

    graham-mccain say holders special investigators aren’t good enough, still want special prosecutor

    • Popsmoke

       McCain and Graham two jackasses if there were ever any….

  • HELENK2

    http://thehill.com/blogs/defcon-hill/policy-and-strategy/231867-president-versus-senator-obamas-role-reversal-on-leak-investigations

    that was then, this is now

    backtrack as a senator called for special prosecutors twice on bush

    • KenoshaMarge

      Ah, never deviate from the old double-standard.

      • jrterrier

        The day politicians stop with the double standard is the day the public will start having a little more confidence in them. 

        • KenoshaMarge

          Pardon my cynicism if I don’t hold my breath.

          As long as they “play” party politics the air will be filled with double-standards, hyperbole, hypocrisy and just plain bullshit. The four Horsemen/women of Politicial Life.

  • HELENK2

    http://www.guardian.co.uk/commentisfree/2012/jun/08/obama-administration-making-us-media-its-mouthpiece

    Backtrack making media it’s mouthpiece. Did we learn nothing from Judith Miller????

  • HELENK2

    http://www.hillaryis44.org/2012/06/08/yup-its-well-past-special-prosecutor-appointment-time/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+hillaryis44%2FPlBo+%28Hillary+Is+44%29

    I guess we are not the only ones worried about a holder’s dept of crime investigation on the leaks. this is a very informative article

  • HELENK2
  • foxyladi14

    Scary stuff.
     http://www.politico.com/news/stories/0612/77213.html#ixzz1xKLR1KCS

    • DianaLC

      Can’t really “like” something that IS INDEED frightening.

  • HELENK2
    • DianaLC

      I’ve been hoping for this kind of news.  As I watched the debates during the primary, I realized that I have begun to be attracted by libertarian views. 

  • http://profile.yahoo.com/QFETVCBKXPGW4WLPK2QEW35OPQ scoot

    who told him he was wrong the first time–did his head roll?

  • shelldoll2

    I am planning to create lots of jobs.  Green jobs of course.  I only need several hundred million in federal funds.  

    When I receive said funds I will send the money off shore and give myself a raise. 

    I will hold a press conference touting the wonders of green energy as I board a plane to an unnamed island somewhere in the Pacific.  This is the “new capitalism” endorsed by the current administration.

    Really. Trust me.

  • Popsmoke

    Interesting battle of economics… Read the article in its entirety…..
    http://www.businessinsider.com/obama-economy-2012?op=1

  • Phillip Armstrong

    I guess if Larry Johnson repeats the same bullshit analysis often enough he thinks he can make it so, at least in his mind.
     

    You are not a serious person, as your analysis of the data is very very narrow to server your political means.

    A few questions for you:

    1. HOW MANY OF THOSE LEAVING THE WORKFORCE ARE FROM RETIRMENTS OR BECAUSE OF DEMOGRAPHICS?

    > you mention 6,920,000 people leaving the work force? lets assume your number is correct. more than 50% of those who have left the work force are from record retirements of babyboomers. it is mostly simple demographics. Labor participation has been falling since 2000 or well before Obama. So I am not sure what you point is? Yes, alot of people are retiring and will no longer need jobs.
     
    don’t believe me then read some actual objective analysis instead of LJ’s BS take on the numbers:

    http://chicagofed.org/digital_assets/publications/chicago_fed_letter/2012/cflmarch2012_296.pdf
     
     
    http://donaldhtaylorjr.wordpress.com/2012/06/01/cbo-report-on-labor-force-participation/
     
    2. HOW MANY JOBS HAVE BEEN CREATED FROM THE DEPTH OR BOTTOM OF THE RECESSION?

    > again by your numbers there has been a net increase in jobs 1,400,000 since Feb 2009. That is pretty good, given the jobs losses from the biggest recession since the Great Depression continue well into 2009, with unemployment reaching a high of about 10% in December 2009.

    According to BLS the number of employeed bottomed in December 2009 at 136,426,000, therefore the actual number of jobs created under Obama since the bottoming of the recession, was 5,861,000.

    That is better job creation than the last two recessions/recoveries.

    3. WHAT THE ACTUAL EMPLOYMENT RATE BE IF THERE WERE NO GOVERNMENT JOB LAYOFFS?   

    > if you factor out the largest drop in local and state government job cuts, which are largely being caused by Republican Governor austerity (at least 650,000 government job cuts),  the employment picture even looks better for Obama.

    The WSJ says without the government job cuts the unemployment rate would be 7.1%, which is actually lower than the 7.2% unemployment rate that Reagan had when he was re-elected and Reagan actually had a net increase in government jobs.

    “Unemployment Rate Without Government Cuts: 7.1%.”  ”If there were as many people working in government as there were in December 2008, the unemployment rate in April would have been 7.1%, not 8.1%.” 
    http://blogs.wsj.com/economics/2012/05/08/unemployment-rate-without-government-cuts-7-1/

    THE UNEMPLOYMENT RATE UNDER OBAMA IS LIKELY TO BE WHERE IT WAS UNDER REAGAN? HOW CAN THAT BE SO BAD, GIVEN THAT OBAMA HAS FACED FAR MORE SIGNIFICANT HEADWINDS THAN REAGAN EVER DID!

    Reagan did not face:

    > a huge weak housing market
    > government jobs actually increased under Reagan
    > there was very little externalities like Europe
    > Reagan actually faced a Congress that would work with him and not bring the econmoy down with debt ceiling votes. 

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