Unemployment Down But Is That Good News or No News?

December 17, 2009 Barack Hussein Obama, Barack Hussein Obama Lies, Death Care, Democrat Incompetence, Fiscal Irresponsibility, Health Care, Libtards on Parade, Lunatic Lefties, News, Obama Fascism, Opinion, Orwellian Solutions, Presidential Distortions, Presidential Politics, Stupidity, Taxes, The Economy, U.S. House, US Senate View Comments

I’ve been meaning to comment on November’s unemployment numbers since their release but have been pulled in several other directions and my blogging efforts are the casualty. That said, here are my thoughts on the massive recovery in the job sector…

First off, and this may be news to all the pinheads who believe the Infestation’s estimations of the nation’s unemployed, a .2% drop in new jobless claims in November does not a recovery make. Let’s first take a look at what month we are talking about – November. What happens in November Class? Anybody? Short answer – seasonal hiring.

That’s right campers, that miraculous .2% tumble in new jobless claims can in all likelihood be attributed to seasonal hiring in the retail sector. Come January, I see a massive jump in new jobless claims as those who are currently taking part-time retail work to put presents under the tree for their kids suddenly find themselves again looking for work.

Next, let us not forget that the numbers used to gauge the nation’s unemployed are NEW Jobless Claims as filed in the various states. It does not count those who are already in the system. It also does not count those who take part-time (or seasonal) work or other menial jobs for less pay than that which they were receiving in their former positions. This is called – mark this down libtards, it is a word that you have obviously never heard of – underemployed. The underemployment rate in this country is estimated to be between 17 and 18 percent. A disastrous number if the average American Lemming were to ever take the time to understand.

Since the beginning of this recession an estimated 7 million jobs have been lost. Approximately 4 million of those jobs have been lost since Emperor Barry took command. Unemployment has more than doubled under his watch as the federal budget deficit has tripled. The government is spending like crazy and making fictitious claims of “saving” jobs. Now the Turd-in-Chief wants to spend nearly $200 Billion more under the guise of creating jobs?!? It is time someone cut up Mr. Obama’s National Debt Credit Card.

There is one major reason why employers are not hiring right now and it is a concept that libtards cannot understand if you presented them with full color animated illustrations. Uncertainty.

With a certainty of a massive tax increase as the Bush tax cuts sunset combined with the uncertainty over health care reform, the lack of credit being extended to small and medium sized businesses, and a daily barrage of legislative proposals designed to crater the market economy of the United States, employers are apprehensive about hiring anyone at this point.

The word tax means to impede. Taxes are an impediment to the private sector. As tax rates increase, the number of jobs decrease. As jobs evaporate, government revenues evaporate as well. The liberal answer to lower government revenue is to raise tax rates which in turn eliminates additional jobs.

It is a mistake to believe that doubling down on the mistakes which create an atmosphere in which fewer people support the masses will improve the situation. As fewer and fewer people are contributing to the government through taxes on income, the less able the government is going to be to support the dependency state which they have created for the rest of the population.

Try as they may to shift the blame for the current economic conditions in this country to the Bush Administration, this President and his Administration are responsible for this economy. The President said that if Congress did not pass his $787 billion Porkulus package unemployment would rise over 8%. They passed it, he signed it, and unemployment hit a 26 year high of 10.2% anyway. Obama owns this recession so do not let them get away with their attempts to pawn off their responsibility. Remember, the worse the unemployment rate got under the Bush Administration was 6.5% (in 2008).

The 10% unemployment numbers for November are still extremely bad. Don’t be fooled into thinking this Infestation has finally gotten their collective heads out of their proverbial backsides because new jobless claims dropped an anemic .2%.

.2% of 7 million unemployed is a relatively insignificant number.

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