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Thursday, August 23, 2012

Cutter: I'm Just Going to Make S%&t Up about Jobs

Cutter: I'm Just Going to Make S%&t Up about Jobs: "When Obama took office, there were 142 million people employed. Last month, there were 142.2 million people employed. A tad under 200,000 more people have jobs today than had them when Obama was sworn in. In January 2009, 11.6 million people were unemployed. Today, 12.7 million are unemployed.
Those numbers are bad enough, but they are abysmal when you factor in population growth. We've added almost 10 million working age adults to the population since January 2009. The only thing keeping our unemployment rate from double-digits is that millions of people have simply given up. Since Obama took office, over 7 million people left the labor force.  If the same number of adults today were in the workforce as in 2009, the unemployment rate would be 11%. "

'via Blog this'

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