Quote:
Originally Posted by billethkid
I waited to see how the national news media would treat the so called "drop" in unemployment. And not disappointed it was hailed as a possible major turning point for what some today said "could be" the beginning of a significant trend"
Really?
One piece of data does not make a curve. It certainly does not make or even hint at a trend. Mathmaticall and statistically the only trend present is unemployment is still on a trend up.
They did not, any of the bally whoers all day including the national news, address the fact that today's numbers exclude those who are unemployed and no longer collecting benefits. So the real unemployment rate is still up and significantly understated.
Just who is the POTUS going to impress by traveling and walking factories and stating "we are now headed in the right direction".....not the same people who are still out of work.
Numbers and figures don't lie but liars do figure.....how true...how true....HOW TRUE!!!!!
The reduction reported today (even though incorrect) was a 1.9% drop in the number stated....has nothing to do with any real status.
Typical message from Obama and his team. Instead of getting a good analysis and a real perspective on the real numbers he and his team are promoting getting him around to talk to the folks affected. Really? Does he and his team really think he still has the gold plated schmooze effect he peddled prior to the election? Another self indulging fairy tale.
These are the lack of performance and liking to hear themselves talk that is causing his credibility to continue in decline.
Time is not on his side anymore!
btk
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Give it time. I know lots of people are hurting. Small businesses aren't hiring. I guess I'm more centrist than most who respond here. Lots of bitterness over the election.