Saturday, August 8, 2009

Celebrate!! ?

The news reports that the unemployment rate has dropped to 9.4%, the MSM says it shows the recovery has begun. It is time to celebrate!

But the facts say otherwise. The only reason it went down is that a half a million people gave up looking for jobs. Otherwise the rate would have went up closer to 9.9%.

Just a year ago the unemployment rate was under 7% and the media berated Bush when 77,000 jobs were lost in a month. Now the Prez is praised when more than 3 times as many are lost in a month. How many millions of jobs have been lost this year?

But the media wants you to think its all better now.


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