Tag: Economy
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Employment v Unemployment – December 2012
The Unemployment Rate is out again today with no change at 7.8% (apparently November 2012 was revised up to 7.8%), but there was an actual uptick in the labor force (155,319,000 up to 155,511,000). The Labor Force Participation Rate remained unchanged at an anemic 63.6% (down from 65.7% at the start of Obama’s 1st term).…
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Employment v Unemployment – Nov 2012
With another 350,000 leaving the work force, the useless figure called the unemployment rate ticked down again in November 2012 to 7.7%. Previous months, however, were also revised downward, and we can expect the same for the current month. Problems? For instance, labor force participation fell sharply. Indeed, the sole reason for a decline in…
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315K Give Up Job Search
That’s the real headline from today’s unemployment report, but Mainstream Media is glorifying the news that the 315K that have given up looking for work causes the unemployment rate to go from 8.9% to 8.6%. On the good news side, there were a net 120K jobs created in November, but it’s Christmastime. Additionally, August and…
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Obama: About That $4 Billion Oil Subsidy
When Barack Obama took the reigns of the Presidency in January 2009, the average price per gallon of gas in the U.S. was $1.847. On January 4, 2010, the price was $2.665. A week ago (4/18), the price had increased to $3.844. On Saturday, Obama claimed there was no “magic bullet” to bring down oil…
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The Economy Is So Bad…
Received Via E-mail… . The Economy is so bad… Jury Duty is now considered a good-paying job. I got a pre-declined credit card in the mail. African television stations are now showing ‘Sponsor an American Child’ commercials! Wives are having sex with their husbands because they can’t afford batteries. I ordered a burger at McDonald’s…
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Made In America
I’m not a birther, but this is a funny (and mostly true) joke: John Smith started the day early having set his alarm clock (MADE IN JAPAN ) for 6am while his coffeepot (MADE IN CHINA) was perking, he shaved with his electric razor (MADE IN HONG KONG). He put on a dress shirt (MADE…
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