Poison Pero is RIGHT!

Sunday, August 05, 2012

Alan Krueger (Obama Economic Advisor)

"The household survey showed that the unemployment rate ticked up to 8.3% in July - or more precisely the rate rose from 8.217% in June to 8.254% in July."

Let's get this right, this clown thinks the American people are should willing accept that there's only around 12.8 million people out of work instead of 12.9?  That we shouldn't get too excited about the official number being 8.3%, because it's actually only 8.25%?

"Acting BLS (Bureau of Labor Statistics) Commissioner John Galvin noted in his statement that the unemployment rate was 'essentiall unchanged' from June to July." - A. Krueger

So, things aren't better and they aren't worse?  This constitutes good news in Obamaville?

"While there is more that remains to be done, today's employment report provides evidence that the U.S. economy is continuing to recover." - A. Krueger

Wait a minute, I thought he said things aren't getting better or worse?

The unemployment report doesn't prove anything other than there are still a lot of Americans out of work - with a likelihood of things getting better anytime being almost nil...And this is assuming the numbers put out by the Labor Department have any basis in reality, as well.  Which is debatable.

Truth be told the job's situation is much worse than Krueger can admit, because he can't possibly tell the truth:  More people are retiring or stop looking for work every month than people who are getting jobs...This is a fact Obama and his advisers could never let the 'useful idiots' know about.

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