Quote:
Originally Posted by janmcn
Republicans just hate good news. Virtually every economist on the planet said Friday's numbers were a very positive employment report from almost any angle. The unemployment rate has fallen five months in a row, the first time that has happened since 1994. Of course you probably didn't hear that on Fox News or in The Villages Daily Sun or from the republican leadership in the house.
Because of optimism about the economy, the jobs report triggered a spasm of buying on Wall Street.
We can only imagine how much lower the unemployment rate would be if the republican house would pass President Obama's jobs bill.
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janmcn: "Republicans just hate good news"....No Republicans, in fact most reasonable people must prefer factual and supportable data. It has become commonplace/habitual for Obama and his Administration to promulgate misinformation. The simple fact is that so many good people have totally given up looking for employment that they have been removed from the unemployment statistics. Further if the economy does not begin to rebound some of these folks whol have been out of work for so long will have lost their sellable skills...and unfortunately it goes downward from there.
Finally not wanting to appear selfish. I want Obama to succed because my life savings are bing hammered and the less risky investments CD, etc don't pay interest because the Fed has mis-manipulated monetary policy much too long. The "average Joe" is taking a licking and we won't be able to keep on ticking much longer