Category Archives: Jobs

Obama hustles and lies in state of union speech, Obama the hustler, Obama devastates US economy, middle class young and students, Rush Limbaugh nails it, More businesses failed during Obama 6 years

Posted on January 21, 2015 | 151 comments

Obama hustles and lies in state of union speech, Obama the hustler, Obama devastates US economy, middle class young and students, Rush Limbaugh nails it, More businesses failed during Obama 6 years

“I didn’t like Obama from the beginning, I thought he was a hustler and I think he still is.”…Bartle Bull, lifelong Democrat and civil rights activist, July 1, 2010

“I mean, yeah, he’s got a lot to brag about here, doesn’t he? Is he gonna brag about 92.8 million Americans not working? Is he gonna brag about the absolute mess that HealthCare.gov has been from the get-go? Is he going to brag about all the states he has sued who have attempted to pass legislation in those states to enforce already existing immigration laws? Is he gonna brag about how he has stopped deporting almost anyone except the most hardened criminals? Is he gonna brag about getting to the bottom of the IRS targeting of the Tea Party? Is he gonna brag about getting to the bottom of what happened at Benghazi? Is he gonna brag about finally finding out what happened with the VA scandals and straightening that out?”…Rush Limbaugh January 20, 2015

“And if all others accepted the lie which the Party imposed
–if all records told the same tale–then the lie passed into
history and became truth. “Who controls the past,” ran the
Party slogan, “controls the future: who controls the present
controls the past.”…George Orwell, “1984″

 

I did not watch the State of the Union speech for the same reasons that Rush Limbaugh didn’t watch.

Obama is a hustler and a liar.

He has destroyed the US economy, health care system, businesses and jobs.

From Rush Limbaugh January 21, 2015.

“Why I Didn’t Watch the Obama State of the Union Show”

“I never thought, I mean, I thought I might get close to it. I never thought the day would come where I did what I did last night. I did not watch. I did not turn it on. I didn’t have the State of the Union on with the sound down. I didn’t have a channel on where you could see the State of the Union. I today am a proud member of the low-information crowd. I didn’t watch it.”

“And now look. Look at how far Obama has actually fallen, just in that measure alone, how many people have no interest in listening to what he has to say. And that was it for me. I literally had no interest, because I knew what was gonna be said, and more than that, I knew how it was going to be said. I knew that I was gonna be insulted. I knew the things I believe in are gonna be insulted, with a gloating air about it, and I just didn’t want to put up with it.

I’ve got enough other things going on in life now that are far more deserving of my attention than that, particularly when I knew there wasn’t gonna be any real news in this thing last night. There wasn’t gonna be anything unexpected. There wasn’t gonna be anything brand-new. There wasn’t gonna be anything real meaningful as far as that concerned, other than continued obfuscation.”

Read More:

Why I Didn’t Watch the Obama State of the Union Show

From Rush Limbaugh January 20, 2015.

“Now, you know presidents, when they go to the State of the Union show, they try to list and rattle off their accomplishments from over the last year or during their presidential terms. So what will Obama point to as his accomplishments since the last State of the Union show? Is he gonna brag about the rise of ISIS? Is he gonna brag about how we’ve lost Iraq and we’re the on brink of losing Afghanistan?

Did you see that ISIS killed 13 young boys because they watched a soccer game? Yeah, so is Obama gonna talk about how he has stopped the rise of ISIS? Is he gonna brag about how we’ve lost Iraq, gonna brag about we’re on the brink of losing Afghanistan? Is he gonna brag about freeing dozens of prisoners at Guantanamo Bay? Is he going to brag about trading five of the worst of them for a man who may have deserted his post, that would be Bergdahl? Is Obama gonna brag about swapping five Cuban terrorists, a couple of whom were actually convicted of murder, for some American hostages the Castros were holding for bargaining chips?

I mean, yeah, he’s got a lot to brag about here, doesn’t he? Is he gonna brag about 92.8 million Americans not working? Is he gonna brag about the absolute mess that HealthCare.gov has been from the get-go? Is he going to brag about all the states he has sued who have attempted to pass legislation in those states to enforce already existing immigration laws? Is he gonna brag about how he has stopped deporting almost anyone except the most hardened criminals? Is he gonna brag about getting to the bottom of the IRS targeting of the Tea Party? Is he gonna brag about getting to the bottom of what happened at Benghazi? Is he gonna brag about finally finding out what happened with the VA scandals and straightening that out?

Or is he gonna skip listing all of these accomplishments and just move on to listing even more ways he wants to buy votes for Democrats in the future? Again, a study out today by a couple of scholars that reports that Obama actually has the second worse State of the Union success rate for any president over the last 50 years, and that would be Gerald Ford, who wasn’t even elected.

Look at what Gerald Ford faced. Gerald Ford faced a country and a media still wallowing in Watergate. Ford’s success rate was 28%, Obama’s is 30, 30% of what Obama has proposed has actually happened, and it’s going to be probably more of the same tonight. And don’t forget that for two years of his tenure, Obama even had a Democrat-controlled Congress, which makes this 30% success rate somewhat unimpressive. ”
“This is an interesting. I’ve been holding this story for couple of days. It’s a Reuters story. “Barack Obama enters the final two years of his presidency with a blemish on his legacy that looks impossible to erase: The decline of the middle class that he has promised to rescue.” What is this from Reuters? A little truth here? Right here, that open is exactly why the State of the Union is being done the way it’s being done tonight and why all of these talks of tax increases on the rich are taking place.

Obama has fixed it so that the only way the middle class benefits is via the redistribution of wealth (and that means government benefits) instead of going out and working and getting jobs. “Barack Obama enters the final two years of his presidency with a blemish on his legacy that looks impossible to erase: the decline of the middle class he has promised to rescue.” In reality, it is impossible to erase. It is what it is. But that’s what tonight’s gonna be about: erasing this and making it look like things have never been better.

Frankly, folks, I don’t want to be lied to about it. Things are not looking better than ever. There’s nothing Obama has done that sets this country up for vast growth and improvement. It’s the exact opposite. “The revival of middle-class jobs has been one of Obama’s mantras since he took office in 2009 fighting the worst economic crisis in generations. It was a major theme of his last State of the Union address and is expected to feature in the one scheduled for [tonight].”

Read more:

Who Cares About the State of the Union? It’s Just Lies and Empty Promises

From Jim Clifton Chairman and CEO of Gallup

“The U.S. now ranks not first, not second, not third, but 12th among developed nations in terms of business startup activity. Countries such as Hungary, Denmark, Finland, New Zealand, Sweden, Israel and Italy all have higher startup rates than America does.

We are behind in starting new firms per capita, and this is our single most serious economic problem. Yet it seems like a secret. You never see it mentioned in the media, nor hear from a politician that, for the first time in 35 years, American business deaths now outnumber business births.

The U.S. Census Bureau reports that the total number of new business startups and business closures per year — the birth and death rates of American companies — have crossed for the first time since the measurement began. I am referring to employer businesses, those with one or more employees, the real engines of economic growth. Four hundred thousand new businesses are being born annually nationwide, while 470,000 per year are dying.

Until 2008, startups outpaced business failures by about 100,000 per year. But in the past six years, that number suddenly turned upside down. There has been an underground earthquake. As you read this, we are at minus 70,000 in terms of business survival. The data are very slow coming out of the U.S. Department of Census, via the Small Business Administration, so it lags real time by two years.

Net Number of New U.S. Firms Plummets

Business startups outpaced business failures by about 100,000 per year until 2008. But in the past six years, that number suddenly reversed, and the net number of U.S. startups versus closures is minus 70,000.

My hunch is that no one talks about the birth and death rates of American business because Wall Street and the White House, no matter which party occupies the latter, are two gigantic institutions of persuasion. The White House needs to keep you in the game because their political party needs your vote. Wall Street needs the stock market to boom, even if that boom is fueled by illusion. So both tell us, “The economy is coming back.”

Let’s get one thing clear: This economy is never truly coming back unless we reverse the birth and death trends of American businesses.

Dead-Wrong Thinking

It is catastrophic to be dead wrong on the biggest issue of the last 50 years — the issue of where jobs come from. Our leadership keeps thinking that the answer to economic growth and ultimately job creation is more innovation, and we continue to invest billions in it. But an innovation is worthless until an entrepreneur creates a business model for it and turns that innovative idea in something customers will buy. Yet current thinking tells us we’re on the right track and don’t need different strategies, so we continue marching down the path of national decline, believing innovation will save us.”

Read more:

http://www.gallup.com/businessjournal/180431/american-entrepreneurship-dead-alive.aspx?utm_source=WWWV7HP&utm_medium=topic&utm_campaign=tiles

And sending more Americans to college will not help either.

We do not have sufficient jobs for current graduates.

151 Comments

Posted in 2009 Stimulus Bill, Barack Obama, Budget, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, George Orwell, Hustler, Jobs, Lies, Obama, Obama administration, Obama lies, Obama Nation, Obama records, ObamaCare, Orwell, Orwellian, Speech, The Case Against Barack Obama

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US Economy on verge of collapse?, Workers not buying labor market’s recovery, Forget unemployment rate, Record low labor force participation rates, WV drops below 50 percent, National debt exceeds GDP

Posted on January 15, 2015 | 34 comments

US Economy on verge of collapse?, Workers not buying labor market’s recovery, Forget unemployment rate, Record low labor force participation rates, WV drops below 50 percent, National debt exceeds GDP

“Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief

“The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was little changed in September at 7.1 million. These individuals, who would have preferred full-time employment, were working part time because their hours had been cut back or because they were unable to find a full-time job.”…US Labor Dept. September 2014

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

 

 

I am an optimist by nature and I love and believe in this country.

I have heard Rush Limbaugh echo this attitude.

A friend recently asked me what I thought about the prospects for this country in 2015.

I paused for a moment and said I could not see much good.

The realist in me, the mathemetician, the businesman and the person paying close attention to facts, is very concerned about the US Economy.

For starters, the US debt, which exceeds the GDP, is a concern.

We are at best case scenario debt interest rates now and we are not paying down the debt and instead are rapidly adding to it. The interest service on this debt will increasingly be a burden on our budgets and economy.

The employment situation in this country is scary.

Record numbers have dropped out of the labor force and consequently record number are receiving government assistance.

Forget the unemployment rate. If you remove enough people from the labor force you will achieve full employment and a low unemployment rate. We have that scenario now. In fact one state, West Virginia, has a labor force participation rate below 50 percent yet the unemployment rate is 6.3 percent.

See what I mean?

Old Abe Lincoln once said “you can’t fool all of the people all of the time.”

From Market Watch January 14, 2015.

“The only state where less than half its civilians work”

“West Virginia quietly passed the ignominious milestone of having less than half of its adult, civilian population in the workforce in November.

State data compiled by the Labor Department shows that West Virginia’s civilian labor participation rate has fallen to 49.8%, from 50% in October. The national rate in December was 62.7%.

The Mountain State is the only state in the history of the series, which goes back to 1976, to have fallen below 50%, though Mississippi at 50.8% isn’t far behind.

See interactive map of participation and unemployment rates.

The troubles that have befallen West Virginia have been well publicized, notably the diminished demand for coal.

At 6.3%, West Virginia doesn’t have close to the worst state unemployment rate, with Mississippi, California and Rhode Island each having jobless rates above 7%, and 11 other states with unemployment rates in the 6% range that are worse. But it’s a state where many have given up trying to find a job.”

Read more:

http://www.marketwatch.com/story/this-is-the-only-state-where-less-than-half-its-citizens-work-2015-01-13?dist=countdown

From Market Watch January 13, 2015.

“Workers not buying labor market’s recovery”

“The U.S. labor market had a strong 2014 — the economy added the most jobs since 1999 and the unemployment rate fell, according to government data released last week.

But a Tuesday report hinted that workers don’t completely believe in the solidity of the recovery, with many still wary of quitting their jobs.”

“One trend that workers may find encouraging is the drop in competition for jobs. There were about 9 million unemployed people in November, translating to 1.8 potential job seekers per opening, the narrowest ratio since January 2008, early in the recession.

“In a stronger economy, the ratio would be smaller, but we are definitely moving in the right direction,” Gould said.”

Read more:

http://www.marketwatch.com/story/workers-not-buying-labor-markets-recovery-2015-01-13?dist=countdown

Jobs, jobs, jobs being added.

Many of these jobs are low paying and part time.

From Market Watch January 15, 2015.

“More job openings, but many of them are low-paying”

“The job openings and labor turnover survey has been attracting increasing attention from economists lately – both because Fed Chair Janet Yellen has called it one of her favorite indicators of the U.S. labor market’s health, and because recently it’s been signaling some real signs of strength in the long-feeble American job-creation scene.

As with much employment data, however, the headline results of this gauge – which measures the nation’s job openings, hirings, and voluntarily and involuntary job separations – tell a happier story than the details. In fact, industry-by-industry JOLTS figures add to the evidence that too many of the jobs and job opportunities being created during the current still-disappointing recovery are in sectors where wages can barely support individual workers, much less working families.”

“Based on these aggregate figures, it looks like good news that professional and business services accounted for 27.2% of the growth of job openings from January-November 2013 to January-November 2014.

But inside this part of the economy is a big group of very low-wage industries called the administrative and support services sector. Its jobs accounted for nearly 46% of all profession and business services jobs in September. The call-center workers, employment-office staffers, janitors, landscapers, waste collectors, and security guards who belong to this category make much less per hour ($7.83 in November) than the lawyers, architects, management consultants, computer systems designers, engineers, and scientific researchers who also come under the professional and business service heading.

Yet the JOLTS data doesn’t show how many openings were created in this industry’s very lucrative segments and in its much less lucrative segments.

If, however, low-wage professional and business service sectors generated a proportionate percentage of total job openings, the low-wage share of these opportunities would stand at nearly one-third as of November. And closer examination of other major employment categories, like health care, educational services, and social assistance; and the miscellaneous services category, would reveal other large low-wage sub-sectors.”

Read more:

http://www.marketwatch.com/story/more-job-openings-but-many-of-them-are-low-paying-2015-01-15?dist=afterbell

All of the above reports were from Market Watch.

You can bet that if they are reporting at this level of negativity, the reality is much worse.

 

 

 

 

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Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Jobs, Labor Department, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Unemployment

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Real employment news from US Labor Department January 9, 2015, Non Orwellian version, Truth from Citizen Wells and Zero Hedge, 456K more not in labor force, Labor force participation drop of .2 percent accounts for unemployment rate, Continuing unemployment claims surge

Posted on January 9, 2015 | 136 comments

Real employment news from US Labor Department January 9, 2015, Non Orwellian version, Truth from Citizen Wells and Zero Hedge, 456K more not in labor force, Labor force participation drop of .2 percent accounts for unemployment rate, Continuing unemployment claims surge

“Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief

“The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was little changed in September at 7.1 million. These individuals, who would have preferred full-time employment, were working part time because their hours had been cut back or because they were unable to find a full-time job.”…US Labor Dept. September 2014

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

 

 

You are being bombarded by the “good news” about employment from the Orwellian mainstream media, low information market news reports and I am certain the White House.

Now for the truth.

The real employment news.

The unemployment rate dropped to 5.6 percent and jobs are being added? Right?

From the US Labor Department data:

There were 456,000 more people not in the labor force in December!

There were supposedly 111,000 more people employed in December???

Hardly cause for celebration, if true, especially with the numbers of part time jobs.

The drop of .2 percent in the labor force participation rate accounts for the .2 percent drop in the unemployment rate.

The  labor force participation rate has plummeted 3 percent since Obama took office.

The number of people who could only find part time work is up 756,000 since Obama took office.

From Zero Hedge January 8, 2015.

“Continuing Claims Surge Most Since 2009 Over Last 6 Weeks, Initial Claims Miss”

“Initial claims dropped 4k on the week but missed expectations, printing 294k (vs 290k exp). This is a level first seen in July 2014 as the trend of improvement has ended for claims (the biggest 3 month rise in over a year). Layoffs were dominated by MI where manufacturing and waste management industries suffered (and Texas saw fewer layoffs but a shortened workweek). Perhaps more worrying, the continuing claims data surged by over 100k to 2.452 million (stunningly on a non-adjusted basis continuing claims surged 407k).”

Read more:

http://www.zerohedge.com/news/2015-01-08/initial-jobless-claims-print-biggest-3-month-rise-over-year-continuing-claims-surge-

 



 

							

	
			

				
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						Posted in 1984, Barack Obama, Big Brother, Citizen News, Citizens for the truth about Obama, CitizenWells, Employment, Jobs, media, Obama, Obama administration, Obama lies, Obama Nation, Obama records, Orwell, Orwellian, The Case Against Barack Obama, Unemployment					

								
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NC labor force participation rate plummets 5 percent from May 2008 to November 2014, Unemployment rate same, Baby boomers retiring not cause of labor force drop, Lack of jobs causes younger people to remain or return to school


			

				Posted on December 21, 2014 | 44 comments
			


				

				
NC labor force participation rate plummets 5 percent from May 2008 to November 2014, Unemployment rate same, Baby boomers retiring not cause of labor force drop, Lack of jobs causes younger people to remain or return to school


“For now, the absence of young adults from the housing market continues to put a dent in the homeownership rate, which dropped to 64.8% in the first quarter, compared with 65.2% in the fourth quarter of 2013, according to U.S. Census statistics. The rate was as high as 69.2% in the fourth quarter of 2004. For those younger than 35, the rate has fallen noticeably faster. It slipped to 36.2% in the first quarter, from 36.8% in the fourth. The homeownership rate for this group was as high as 43.6% in the second quarter of 2004.”…Market Watch May 12, 2014


“The share of families with an employed member was unchanged at 80.0 percent in 2013. The likelihood of having an employed family member rose in 2013 for Asian families (to 88.8 percent) and for Hispanic families (to 85.1 percent). The likelihood for white and black families showed little or no change (80.1 percent and 75.7 percent, respectively).”…BLS report, April 25, 2014


“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″


 


 


Despite what you may have read from the low information mainstream media, baby boomers retiring are not the cause of the drop in the labor force in NC or US.


Do the math or read prior articles at Citizen Wells.


Lack of jobs is the problem.


From May of 2008 to November of 2014, the  labor force participation rate plummeted 5 percent in NC. The unemployment rate is the same.


From NC Spin December 20, 2014.


“North Carolina’s jobless rate fell to 5.8 percent in November, the lowest since May 2008, as the state’s economy gains force in the second half of the year.


The state’s jobless rate fell from 6.3 percent in October and has dropped from 7.4 percent one year ago, even though today’s wages have not caught up to pre-recession pay levels.


North Carolina’s unemployment rate, which has lagged the national average, matched the U.S. rate in November, but the nation as a whole dropped below 6 percent two months ahead of North Carolina.


The job market data was issued Friday by the Labor & Economic Analysis Division within the N.C. Department of Commerce.


North Carolina gained 16,400 jobs in November and 110,700 in the first 11 months of the year. The last time the state gained jobs at this rate was in 2006, when 129,500 jobs were added.”


“The state’s labor force shrunk 0.2 percent in November, losing 13,534 people. Over the past year, the labor force has shrunk 0.7 percent, for a reduction of 31,665 people.


A shrinking labor force will drive down the unemployment rate because fewer people are looking for work.


N.C. State University economist Michael Walden said the labor force shrinkage is a national issue caused by a trifecta of factors. Baby boomers are retiring. Students are staying in college longer before entering the workforce.”


“Additionally, private sector earnings and household income in the state, adjusted for inflation, are down since 2008.


“People are poorer today than they were on average before the recession,” Walden said.”


Read more:


http://www.ncspin.com/nc-unemployment-rate-at-5-8-lowest-since-may-2008/


I hope that N.C. State University economist Michael Walden was misquoted about baby boomers.


 


 

							

	
			

				
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						Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Jobs, media, NC, North Carolina, Obama, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama					

								
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American household net worth plummets 39.4 percent in Obama Democrat economy, Black households hit hardest, All households since recovery reduced ownership of homes stocks and business equity, Pew Research


			

				Posted on December 13, 2014 | 91 comments
			


				

				
American household net worth plummets 39.4 percent in Obama Democrat economy, Black households hit hardest, All households since recovery reduced ownership of homes stocks and business equity, Pew Research


“For now, the absence of young adults from the housing market continues to put a dent in the homeownership rate, which dropped to 64.8% in the first quarter, compared with 65.2% in the fourth quarter of 2013, according to U.S. Census statistics. The rate was as high as 69.2% in the fourth quarter of 2004. For those younger than 35, the rate has fallen noticeably faster. It slipped to 36.2% in the first quarter, from 36.8% in the fourth. The homeownership rate for this group was as high as 43.6% in the second quarter of 2004.”…Market Watch May 12, 2014


“The share of families with an employed member was unchanged at 80.0 percent in 2013. The likelihood of having an employed family member rose in 2013 for Asian families (to 88.8 percent) and for Hispanic families (to 85.1 percent). The likelihood for white and black families showed little or no change (80.1 percent and 75.7 percent, respectively).”…BLS report, April 25, 2014


“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″


 


 


From 2007 to 2008 the Democrats controlled both houses of Congress.


From 2009 to 2010 they also controlled the White House.


The Democrats in lock step with Obama were instrumental in destroying the economy and household wealth.


From Pew Research December 12, 2014.


“Wealth inequality has widened along racial, ethnic lines since end of Great Recession”


“The Great Recession, fueled by the crises in the housing and financial markets, was universally hard on the net worth of American families. But even as the economic recovery has begun to mend asset prices, not all households have benefited alike, and wealth inequality has widened along racial and ethnic lines.


The wealth of white households was 13 times the median wealth of black households in 2013, compared with eight times the wealth in 2010, according to a new Pew Research Center analysis of data from the Federal Reserve’s Survey of Consumer Finances. Likewise, the wealth of white households is now more than 10 times the wealth of Hispanic households, compared with nine times the wealth in 2010.


Wealth Gaps by RaceThe current gap between blacks and whites has reached its highest point since 1989, when whites had 17 times the wealth of black households. The current white-to-Hispanic wealth ratio has reached a level not seen since 2001. (Asians and other racial groups are not separately identified in the public-use versions of the Fed’s survey.)


Leaving aside race and ethnicity, the net worth of American families overall — the difference between the values of their assets and liabilities — held steady during the economic recovery. The typical household had a net worth of $81,400 in 2013, according to the Fed’s survey — almost the same as what it was in 2010, when the median net worth of U.S. households was $82,300 (values expressed in 2013 dollars).


The stability in household wealth follows a dramatic drop during the Great Recession. From 2007 to 2010, the median net worth of American families decreased by 39.4%, from $135,700 to $82,300. Rapidly plunging house prices and a stock market crash were the immediate contributors to this shellacking.”


“A number of factors seem responsible for the widening of the wealth gaps during the economic recovery. As the Federal Reserve notes, the median income of minority households (blacks, Hispanics and other non-whites combined) fell 9% from its 2010 to 2013 surveys, compared with a decrease of 1% for non-Hispanic white households. Thus, minority households may not have replenished their savings as much as white households or they may have had to draw down their savings even more during the recovery.”


“All American households since the recovery have started to reduce their ownership of key assets, such as homes, stocks and business equity. But the decrease in asset ownership tended to be proportionally greater among minority households. For example, the homeownership rate for non-Hispanic white households fell from 75.3% in 2010 to 73.9% in 2013, a percentage drop of 2%. Meanwhile, the homeownership rate among minority households decreased from 50.6% in 2010 to 47.4% in 2013, a slippage of 6.5%.”


Read more:


http://www.pewresearch.org/fact-tank/2014/12/12/racial-wealth-gaps-great-recession/


 


 

							

	
			

				
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						Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Congress, Democrats, Economy, Employment, Jobs, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama					

								
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Orwellian US government BLS and media feed dumbed down population, Should You Believe What They Tell You? Or What You See?, Economy is strong and jobs are plentiful?, Ignorance is strength


			

				Posted on December 12, 2014 | 33 comments
			


				

				
Orwellian US government BLS and media feed dumbed down population, Should You Believe What They Tell You? Or What You See?, Economy is strong and jobs are plentiful?, Ignorance is strength


“Facts do not cease to exist because they are ignored.”…Aldous Huxley


“Not every item of news should be published: rather must

those who control news policies endeavor to make every item

of news serve a certain purpose.”… Joseph Goebbels


“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″


 


 


The same dumbed down low information people who believe the lies about the Ferguson incident believe the lies being told about the economy and jobs situation.


Sadly, even so called more educated folks believe and regurgitate reports on the economy and jobs provided by the BLS and mainstream media.


Once again, thanks to Zero Hedge for this article.


“Should You Believe What They Tell You? Or What You See?”


“Sometimes I wish I could just passively accept what my government monarchs and their mainstream media mouthpieces feed me on a daily basis. Why do I have to question everything I’m told? Life would be much simpler and I could concentrate on more important things like the size of Kim Kardashian’s ass, why the Honey Boo Boo show was canceled, the Victoria Secret Fashion Show, whether I’ll get a better deal on Chinese slave labor produced crap on Black Thanksgiving, Black Friday, or Cyber Monday, fantasy football league standings, the latest NFL player to knockout their woman and get reinstated, Obama’s latest racial healing plan, which Clinton or Bush will be our next figurehead president, or the latest fake rape story from Rolling Stone. The willfully ignorant masses, dumbed down by government education, lured into obesity by corporate toxic packaged sludge disguised as food products, manipulated, controlled and molded by an unseen governing class of rich men, and kept docile through never ending corporate media propaganda, are nothing but pawns to the arrogant sociopathic pricks pulling the wires in this corporate fascist empire of debt.”


“The level of data massaging by the government and their co-conspirators on Wall Street and in the corporate media is a futile attempt at a happy ending that will never come to fruition. The intensity and relentlessness with which the state and its quasi-state minions attempt to paint a false picture of economic recovery is equal parts arrogance and desperation. The arrogance is a function of successfully pulling off the greatest heist in world history from 2003 through 2008 with no adverse consequences, no criminal charges, no penalties for their crimes, and more power and wealth than they had prior to 2003. The only way to stop sociopaths is to throw them in jail or kill them. In our dystopian paradise of greed, they were rewarded with trillions in rescue packages by their cohorts in crime at the Federal Reserve and in Congress. They’ve paid themselves billions in bonuses for gorging at the Federal Reserve trough of QE and ZIRP. The desperation is borne from the fact that after $7.5 trillion of debt added by the Federal government and $3.5 trillion of debt created by the Federal Reserve since 2009, the Greater Depression for average Americans deepens by the day.


The men pulling the strings behind the scenes are drunk with power and their hubris allows them to believe their own infallibility and blinds them to the dire consequences for our country when their debt Ponzi scheme fails. But, as we grow ever closer to the day of reckoning, they will use every means at their disposal to paint a positive picture, regardless of the facts and reality for the average person. The examples of twisting, distorting and outright lying about the economic reality of our times are endless. These are some of the major false storylines peddled by our benevolent corporate fascist leaders:


The BLS reported 321,000 jobs added in November and the unemployment rate at 5.8%. Jobs are plentiful, based upon these statistics.


A skeptical critical thinking individual might ask a few questions or point out a few inconvenient facts the government purveyors of propaganda might not want us to ponder:


    

  • The non-manipulated, non-seasonally adjusted number of jobs in November FELL by 270,000. The BLS added 600,000 jobs as an adjustment to achieve the headline grabbing result.
    • 

  • If the jobs market is so good, why is the labor participation rate at a 30 year low of 62.8%?
    • 

  • Since 2007 the number of working age Americans has risen by 17 million, while the number of employed has risen by less than 1 million, but the unemployment rate is about the same.
    • 

  • Why would almost 14 million working age Americans leave the labor force since 2007 if the economy is booming and jobs plentiful, with 1.2 million leaving in the last 12 months?
    • 

  • Why would payroll tax receipts be flat with last year if millions of new jobs have been created?
    • 

  • If the country has really added 8 million jobs since 2010, how could real median household income FALL by 2.3%?”
    • 



 


“According to the government reported figures, the economy hasn’t been this strong since 2007. GDP has supposedly grown at greater than 4% over the last two quarters.


Anyone who is sentient knows consumer spending accounts for 68% of GDP. Capital investments that lead to long term prosperity continue to decline as a percentage of GDP from 20% in 2000 to 16% today. We’ve chosen consumption and financialization over savings and investment. This fact leads to some observations:


    

  • If GDP has actually grown by 20% since 2008 how does this correlate with a 6.9% decline in real median household income?
    • 

  • GDP has been goosed by a $69 billion increase in government spending, with the majority going to the military industrial complex. ISIS has been a godsend for our GDP and arms dealer profits.
    • 

  • GDP was increased retroactively by $500 billion last year based on a new way the government accounts for intangibles.
    • 

  • The surge in consumer expenditures over the last two quarters has been in the purchase of services. The higher costs for Obamacare are a boon for GDP. Are they a boon for your bank account?
    • 

  • The trade deficit has fallen as exports of petroleum products have temporarily provided a boost to GDP. The collapse in oil prices will reverse that trend rapidly.”
    • 



 


Read more:


http://www.zerohedge.com/news/2014-12-11/should-you-believe-what-they-tell-you-or-what-you-see


 

							

	
			

				
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November 2014 unemployment jobs creation reality check, Low information investors, Where is the evidence of 312k jobs created, ADP reported 208k jobs, 2 plus 2 equals 4?


			

				Posted on December 5, 2014 | 145 comments
			


				

				
November 2014 unemployment jobs creation reality check, Low information investors, Where is the evidence of 312k jobs created, ADP reported 208k jobs, 2 plus 2 equals 4?


“Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief


“Nearly half of U.S. companies are reluctant to hire full-time employees because of the ACA. One in five firms indicates they are likely to hire fewer employees, and another one in 10 may lay off current employees in response to the law.


Other firms will shift toward part-time workers. More than 40 percent of CFOs say their companies will consider switching some jobs to less than 30 hours per week or targeting part-time workers for future employment.”…Duke University Fuqua School of Business December 11, 2013


“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″


 


 


Since we live in an Orwellian age, it is difficult to believe anything we are told. Especially by the government.


Just a few days ago ADP reported 208,000 jobs added in November.


The US Labor Department just reported 312,000 jobs added for November 2014.


Where is the evidence to back this up?


It does not compute.


Consider the following numbers also reported by the US Labor Dept. for Nov. 2014. (you’re gonna love this)


4,000 more people employed.


115,000 more people unemployed.


69,000 more people not in the labor force.


8,000 more people not in the labor force who want a job now.


6,000 more people who could only find part time work.


This is just for 1 month, November.


Don’t take my word for it. Look it up.


http://www.bls.gov/news.release/empsit.nr0.htm


 


 

							

	
			

				
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Obama economy and Obamacare create more homeless kids, 2.5 million children, 1 in 30 American kids, 8 percent increase from 2012 to 2013, Increased in 31 states and DC, Record dropouts in labor force, Record food stamps


			

				Posted on November 17, 2014 | 24 comments
			


				

				
Obama economy and Obamacare create more homeless kids, 2.5 million children, 1 in 30 American kids, 8 percent increase from 2012 to 2013, Increased in 31 states and DC, Record dropouts in labor force, Record food stamps


“One of the CBO’s most intriguing estimates is that by 2017 there will be 2 million fewer full-time jobs on the market than there would have been without Obamacare, and that figure could climb to 2.5 million by 2024.”…Market Watch February 4, 2014


“Nearly half of U.S. companies are reluctant to hire full-time employees because of the ACA. One in five firms indicates they are likely to hire fewer employees, and another one in 10 may lay off current employees in response to the law.


Other firms will shift toward part-time workers. More than 40 percent of CFOs say their companies will consider switching some jobs to less than 30 hours per week or targeting part-time workers for future employment.”…Duke University Fuqua School of Business December 11, 2013


“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″


 


 


Smoke and mirrors will work for a while.


The 2014 elections helped reveal the truth.


The financial markets have been propped up by the fed.


There has been a disconnect between Wall St. and Main St. or more troubling, no street, no home no hope.


2.5 million children in the US are homeless.


There was an increase of 8 percent from 2012 to 2014.


Obama’s self serving policies are a big reason for this.


Record numbers of people have dropped out of the labor force.


Record numbers of people have had their hours reduced or could only find part time jobs as a direct result of Obamacare.


Record numbers of people depend on public assistance.


From the National Center for Family and Homelessness.


“America’s Youngest Outcasts reports on child homelessness in the United States based on the most recent federal data that comprehensively counts homeless children, using more than 30 variables from over a dozen established data sets.

A staggering 2.5 million children are now homeless each year in America. This historic high represents one in every 30 children in the United States. Child homelessness increased in 31 states and the District of Columbia from 2012 to 2013. Children are homeless in every city, county, and state—every part of our country.

Based on a calculation using the most recent U.S. Department of Education’s count of homeless children in U.S. public schools and on 2013 U.S. Census data:

• 2,483,539 children experienced homelessness in the U.S. in 2013.

• This represents one in every 30 children in the U.S.

From 2012 to 2013, the number of children experiencing homelessness annually

in the U.S.:

• Increased by 8% nationally.

• Increased in 31 states and the District of Columbia.

• Increased by 10% or more in 13 states and the District of Columbia.”


“Prevalence of Child Homelessness in the United States

Based on 2013 data released in September 2014 by the U.S. Department of Education, combined with an estimate of younger non-school aged homeless children in the U.S., the number of children experiencing homelessness annually is 2,483,539—or 2.5 million children, an historic high. Using U.S. Census estimates of the total population of children under 18 years in 2013, this represents one in every 30 children.1”


HomelessKids


Read more:


Click to access 280.pdf


 


 


 

							

	
			

				
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Obama economy fails in election, Main street suffers while Wall St prospers for now, Jobs wages food stamps part time jobs replacing full time, You can’t fool all the people all the time


			

				Posted on November 12, 2014 | 44 comments
			


				

				
Obama economy fails in election, Main street suffers while Wall St prospers for now, Jobs wages food stamps part time jobs replacing full time, You can’t fool all the people all the time


“One of the CBO’s most intriguing estimates is that by 2017 there will be 2 million fewer full-time jobs on the market than there would have been without Obamacare, and that figure could climb to 2.5 million by 2024.”…Market Watch February 4, 2014


“Nearly half of U.S. companies are reluctant to hire full-time employees because of the ACA. One in five firms indicates they are likely to hire fewer employees, and another one in 10 may lay off current employees in response to the law.


Other firms will shift toward part-time workers. More than 40 percent of CFOs say their companies will consider switching some jobs to less than 30 hours per week or targeting part-time workers for future employment.”…Duke University Fuqua School of Business December 11, 2013


“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″


 


 


 


Obama lies about jobs and the economy fooled only his hard core supporters.


Many of his young supporters are disenchanted.


Lincoln was right. You can’t fool all the people all the time.


The jobs situation, despite the best efforts of Obama and the mainstream media to obfuscate, is horrible.


Record numbers of people have dropped out of the labor force. Record numbers of part time jobs have been created or evolved from former full time jobs.


This is the only reason the stated unemployment rate has dropped.


We have record numbers of people on public assistance and food stamps.


Young people, instead of saving are taking from assets, living with their parents, unable to afford houses.


The financial markets are being propped up by the FED and accounting smoke and mirrors.


Once again, Zero Hedge provides insights.


“Why The Stock Market Is Detached From The Economy”


“Think about this for a moment. The stock market is comprised of thousands of companies doing business in the economy. Therefore, it only makes sense that the value of the stock market should be a reflection of the economy. As the economy ebbs and flows, so should the values of the companies that are operating within it. This idea can be demonstrated by looking at the real, inflation-adjusted, price of the S&P 500 as a percentage of real GDP.”


SP500-GDP-111114 (1)


“From 1960 through 1980 the economy was growing faster than asset prices as the U.S. was the manufacturing powerhouse of the post-WWII industrialized nations. However, beginning in 1982 the economy begin to shift from a production and manufacturing-based society to a service based economy with finance at the core. As interest rates and inflation began a 30-year decline, the demand for credit rose to offset a rising standard of living that outpaced both economic and wage growth. Between 1982 and 2000 the price of the market caught up with, and eventually surpassed, real economic growth.


Following the turn of the century, prices have continued to push higher as continued declines in inflationary pressures and interest rates were enhanced by sequential floods of liquidity from mortgage equity extractions, easy credit terms and recently direct injections from the Federal Reserve. Since 2000, the price of the market has far outpaced the growth of the underlying economy.”


“Over the last decade in particular, financial engineering has distorted the relationship between the financial markets and the underlying economy. Corporations have resorted to a host of tools to maintain asset prices in the face of weak economic growth. To wit:








“In order for profitability to surge, despite rather weak revenue growth, corporations have resorted to four primary weapons: wage reduction, productivity increases, labor suppression and stock buybacks. The problem is that each of these tools create a mirage of corporate profitability.”


Read more:


http://www.zerohedge.com/news/2014-11-11/why-stock-market-detached-economy


 


 

							

	
			

				
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Obama and Federal Reserve lying about state of US Economy, Most Americans worse off, Labor force participation rate plummeted, Part time workers up 54 percent, Full time jobs million plus drop


			

				Posted on October 22, 2014 | 32 comments
			


				

				
Obama and Federal Reserve lying about state of US Economy, Most Americans worse off, Labor force participation rate plummeted, Part time workers up 54 percent, Full time jobs million plus drop


“Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief


“One of the CBO’s most intriguing estimates is that by 2017 there will be 2 million fewer full-time jobs on the market than there would have been without Obamacare, and that figure could climb to 2.5 million by 2024.”…Market Watch February 4, 2014


“Nearly half of U.S. companies are reluctant to hire full-time employees because of the ACA. One in five firms indicates they are likely to hire fewer employees, and another one in 10 may lay off current employees in response to the law.


Other firms will shift toward part-time workers. More than 40 percent of CFOs say their companies will consider switching some jobs to less than 30 hours per week or targeting part-time workers for future employment.”…Duke University Fuqua School of Business December 11, 2013


“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″


 


 


We have been trying to present the truth about the jobs situation and US economy despite the best efforts of the Obama Administration and media to obfuscate.


From Zero Hedge October 21, 2014.


“19 Surprising Facts About The Messed Up State Of The US Economy”


“Barack Obama and the Federal Reserve are lying to you.  The “economic recovery” that we all keep hearing about is mostly just a mirage.  The percentage of Americans that are employed has barely budgedsince the depths of the last recession, the labor force participation rate is at a 36 year low, the overall rate of homeownership is the lowest that it has been in nearly 20 years and approximately 49 percent of all Americans are financially dependent on the government at this point.  In a recent article, I shared 12 charts that clearly demonstrate the permanent damage that has been done to our economy over the last decade.  The response to that article was very strong.  Many people were quite upset to learn that they were not being told the truth by our politicians and by the mainstream media.  Sadly, the vast majority of Americans still have absolutely no idea what is being done to our economy.  For those out there that still believe that we are doing “just fine”, here are 19 more facts about the messed up state of the U.S. economy…


#1 After accounting for inflation, median household income in the United States is 8 percent lower than it was when the last recession started in 2007.


#2 The number of part-time workers in America has increased by 54 percent since the last recession began in December 2007.  Meanwhile, the number of full-time jobs has dropped by more than a millionover that same time period.


#3 More than 7 million Americans that are currently working part-time jobs would actually like to have full-time jobs.


#4 The jobs gained during this “recovery” pay an average of 23 percent less than the jobs that were lost during the last recession.


#5 The number of unemployed workers that have completely given up looking for work is twice as highnow as it was when the last recession began in December 2007.


#6 When the last recession began, about 17 percent of all unemployed workers had been out of work for six months or longer.  Today, that number sits at just above 34 percent.


#7 Due to a lack of decent jobs, half of all college graduates are still relying on their parents financially when they are two years out of school.


#8 According to a new method of calculating poverty devised by the U.S. Census Bureau, the state of California currently has a poverty rate of 23.4 percent.


#9 According to the New York Times, the “typical American household” is now worth 36 percent less than it was worth a decade ago.


#10 In 2007, the average household in the top 5 percent had 16.5 times as much wealth as the average household overall.  But now the average household in the top 5 percent has 24 times as much wealth as the average household overall.


#11 In an absolutely stunning development, the rate of small business ownership in the United States has plunged to an all-time low.


#12 Subprime loans now make up 31 percent of all auto loans in America.  Didn’t that end up really badly when the housing industry tried the same thing?


#13 The average cost of producing a barrel of shale oil in the United States is approximately 85 dollars.  Now that the price of oil is starting to slip under that number, the “shale boom” in America could turn into a bust very rapidly.


#14 On a purchasing power basis, China now actually has a larger economy than the United States does.


#15 It is hard to believe, but there are 49 million people that are dealing with food insecurity in America today.


#16 There are six banks in the United States that pretty much everyone agrees fit into the “too big to fail” category.  Five of them have more than 40 trillion dollars of exposure to derivatives.


#17 The 113 top earning employees at the Federal Reserve headquarters in Washington D.C. make an average of $246,506 a year.  It turns out that ruining the U.S. economy is a very lucrative profession.


#18 We are told that the federal deficit is under control, but the truth is that the U.S. national debt increased by more than a trillion dollars during fiscal year 2014.


#19 An astounding 40 million dollars has been spent just on vacations for Barack Obama and his family.  Perhaps he figures that if we are going down as a nation anyway, he might as well enjoy the ride.”


Read more:


http://www.zerohedge.com/news/2014-10-21/19-surprising-facts-about-messed-state-us-economy


 


 

							

	
			

				
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