Obama regime’s funny math dramatically alters unemployment statistics
Leave it to the Obama-praising New York Times to score another one for the ripper. After the December Jobs Report was released — Obama’s last — the newspaper ran this headline: “President Obama Is Handing a Strong Economy to His Successor.” The report is slavish in its praise for the outgoing president while extensively quoting the chairman of Obama’s own Council of Economic Advisers, saying Obama inherited an economic disaster from his predecessor. “It was an utterly terrifying time, the likes of which none of us had ever seen in our lifetimes.” He likened it to the beginning of the Great Depression.
Some pertinent facts are missing. Since the Obama syndicate was unhappy with the manner in which unemployment figures were gathered they decided to change the standard by which they were measured.
Those who are unemployed and have given up on finding a job— including people who are so hopelessly out of work that they’ve stopped looking over the past four weeks, are no longer counted as unemployed by the Department of Labor. In the Obama regime’s skewed labor statistics, though you are desirous of work but remain unemployed you are not counted in the deceptive unemployment figures — currently said to stand at a low of 4.6%. At least 40 million Americans fall into that category. If you are working part-time at a job far below your normal salary, you are no longer counted as unemployed. Consider the example of a degreed former exec now selling shoes. If you perform a least one hour of work a week at $20 you are no longer counted among the unemployed.
The Bureau of Labor Statistics began manipulating unemployment statistics after Barack Obama assumed office in Jan. 2008, perfecting the Big Lie into an art form. Despite spending hundreds of $billions on such as his failed jobs program referred to as “shovel ready,” (watch Obama joke about it) his green energy failure, the failed stimulus package, manipulation of the housing market and his unprecedented obsessive spending that has brought our national debt to nearly 23 trillion dollars.
Barack Obama and his administration goons have taken a page from Joseph Goebbel’s Third Reich propaganda handbook: “If you tell a lie big enough and keep repeating it, people will eventually come to believe it…”
Jim Clifton CEO of Gallup Polling wrote this excellent exposé over a year ago when Obama’s unemployment statistics were at 5.6%. His claims have become even more grandiose as he leaves office.
Ultimately, the American people rose up to elect businessman Donald Trump, who just yesterday called to cancel the contract for the excessively high-priced Boeing $4 billion 747 Air Force One, calling the cost of the plane that purportedly emits less greenhouse gas, “ridiculous.”