View Full Version : MYTH vs REALITY

09-03-2010, 02:19 PM
G in January of 2010, after a spoon feeding.

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gayle in MD</div><div class="ubbcode-body">GDP at <s>5.7%</s>. <span style="color: #FF0000">(Revised down to 0.2% after the herd had been spoon fed.)</span>

Wow, Pretty damn good considering we could have been in a decade long Depression.

Government Spending prevented that, both the Bush/Paulson TARP, AND Obama's Stimulus....

Now we will see some improvment in jobs.

Good news for Americans.

G. </div></div>

Today's reality:

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"><u><span style='font-size: 14pt'>U.S. Economy Lost 54,000 Jobs in August; Unemployment Rate Rises to 9.6%</span></u>

Job losses continued to mount in the U.S. economy last month ...

The U.S. economy shed jobs for a third straight month, losing 54,000 non-farm jobs ...

Nonfarm payrolls fell by 54,000 last month ...

The unemployment rate, calculated using a separate household survey, edged up to 9.6% ...

Manufacturers shed 27,000 jobs ...

Total government employment, which includes state and local jobs, fell 121,000 ...

The average workweek was unchanged at 34.2 hours ...

The Institute for Supply Management's nonmanufacturing purchasing managers' index fell to 51.5 in August ...

The ISM said its August business activity/production index fell to 54.4 ...

The new-orders index dropped to 52.4 ...

Nonmanufacturing employment worsened in August. The ISM's nonmanufacturing employment index fell to 48.2 in August ...

Price pressures increased last month. The prices index jumped to 60.3 ...</div></div>

OOPSY! (http://online.wsj.com/article/SB10001424052748703946504575469331075476058.html?m od=WSJ_hpp_LEFTTopStories) DAISY! (http://www.tradingeconomics.com/Economics/GDP-Growth-Annual.aspx?Symbol=USD)


09-03-2010, 05:06 PM
You don't actually expect her to step up and admit that she was wrong, or even that she was misled by the lies of the administration, do you?????????????


(That's a pretty hefty "adjustment". If they were that far off, it kinda makes you wonder if there are any competent people in any department working with this crew.)

09-03-2010, 08:01 PM
Dont forget what they consider the actual unemployment rate inched up to 16.7%

09-03-2010, 08:36 PM
They are going to continue that particular lie. I don't know why. Most rational people know that the unemployment figures are totally bogus anyway.

They really do believe they are better than the average American, and they will play their games as long as we, the voters, let them.

It has been happening for years, although this particular administration has certainly taken it to a whole new level.

Our country is now being run by a group of Chicago thugs and criminals who honestly think they are above the law!