Tuesday, July 20, 2010

Our Modern Depression: Unemployment at 22%

Thanks, Obama. I recall specifically being assured by a doctor in early 2009 that you would not socialize medicine. Only a madman would so something so radical during an economic crisis. Now Obamacare and your other socialist policies hang like the sword of Damocles over employers and Americans alike. You hurt this country in your zeal to remake America in the image of your redistributionary socialist Utopia. You are certainly the worst president of my lifetime. And that has nothing to do with your color or race. It has everything to do with your character and policies. Look what your wrong-headed ideas have wrought:
Raghavan Mayur, president at TechnoMetrica Market Intelligence, follows unemployment data closely. So, when his survey for May revealed that 28% of the 1,000-odd households surveyed reported that at least one member was looking for a full-time job, he was flummoxed.

"Our numbers are always very accurate, so I was surprised at the discrepancy with the government's numbers," says Mayur, whose firm owns the TIPP polling unit, a polling partner for Investors' Business Daily and Christian Science Monitor. After all, the headline number shows the U.S. unemployment rate today is 9.5%, with a total of 14.6 million jobless people.

However, Mayur's polls continued to find much worse figures. The June poll turned up 27.8% of households with at least one member who's unemployed and looking for a job, while the latest poll conducted in the second week of July showed 28.6% in that situation. That translates to an unemployment rate of over 22%, says Mayur, who has started questioning the accuracy of the Labor Department's jobless numbers.
See full article from DailyFinance: http://srph.it/bjW9Zv

13 comments:

The War Planner said...

Opie,

Thanks for posting this; one rather suspects that the situation is far worse than the BLS stats indicate.

I do not believe that the BLS, however, has politicized their algorithms. Their methods have to be consistent year over year; you know, ceteris paribus and all that.

But you damn betcha that the White House is spinning like mad. It is almost humorous to watch them -- were it not so sad.

Amusing Bunni said...

No surprise that the numbers don't match. Obummer is a liar. As one of the 22%, I can tell you it's HORRIBLE and scary to wonder how you're going to survive.

Worst pres in your lifetime, Opie? Make that WORST in the 234 year history of America.
Hope your week is going well. I'm glad you found this info. It's 100% true. The regime wouldn't know truth if it fell on them (which it will in November ;-)

Opus #6 said...

Bunni, I love your last line, lol. The truth will indeed fall on them in November.

Opus #6 said...

WP, something is wrong when more and more people lose work and the unemploment numbers don't budge. I am not sure I even believe their veracity.

WoFat said...

Government figures have always been subject to political tuning.

WomanHonorThyself said...

Opie..Only a madman would so something so radical during an economic crisis...exactly!

Lipton T. Bagg said...

Opie:

The number don't budge because they fail to count those who "give up". They simply because the most tragic specs of dust in the political windstorm.

And of course, numbers don't lie but political operatives do. When you ask dishonest questions....

Bunni: Hands down Obama is the worst. At least with Carter you kinda felt he actually cared for the country - in his own absent-minded kinda way. Obama, not so much...

-LTB

Kristin said...

I'm truly getting concerned that the regime is not worried enough about November. We're closer to a dictatorship than we may wish to admit.

Opus #6 said...

Kristin, we have been hanging on by our fingernails for 1.5 years now. Scott Brown was a huge victory. That is why they fought it so hard. We will overwhelm their ability to steal elections in NOvember. I CAN'T WAIT!

The_Kid said...

The highest unemployment number during the Great Depression was 25%.

The clinton administration changed the calculation for unemployment in 93.

And how about the inflation rate of 0.02%

None of the numbers are even close enough to talk about. Total fantasy.

Worst president in the history of America ever no doubt. Most corrupt administration. Ever,

Notice they pre-accused Bush of all of thee things prior to taking over. They pre-accused everything they knew they were going to be. Hitler. Liar. Dumb. Most Corrupt. Most financially unfit policies. Everything right down the line.

Watch them next time. Everything they pre-accuse the next republican president of is exactly what they will be when they are voted back in.

Teresa said...

Obama is definitely the worst president in U.S. history. The unemployment rate is so high because of Obama's purposeful destruction of our economy to further his political agenda. I don't think Obama knows how to tell the truth. He is immoral.

LL said...

We're in deep trouble.

Trestin said...

The official numbers are based on the % of people receiving unemployment benefits.