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Unemployment Lies

By
Real Estate Broker/Owner

The unemployment rate slowly was reduced during the campaign but now the truth comes out.  The government quietly revised last months rate to 7.8% from the pereviously reported 7.7%.  Now you would think that job growth would be in the cards since the rate has been going down, but the job growth for Dec was 153k, which was literally the same as Dec 2011.   Dec. jobs came mostly from healthcare, services and construction. 

So, if no higher employment is being created, and taxes are going up, is there anyone out there that truly believes the lies of the Obama administration during the campaign? 

Comments(3)

Edward Gilmartin
CRE - Boston, MA

The media was all set to change their tactics until Obama won a second term. The terms hamburger flipper, folks who have simply given up looking and are no longer counted, part time jobs, underemployed, lacklustert job growth and lackluster economic growth will have to wait until the next Republican is President.

Jan 03, 2013 10:26 PM
John Dotson
Preferred Properties of Highlands, Inc. - Highlands, NC - Highlands, NC
The experience to get you to the other side!

Dale, we've been propping up this economy for the past 90 years when Roosevelt started his "New Deal" and no one since has had the you-know-whats to slow down the expansion of his give-aways and big government.  Plus having a few idiots in between has slowly made this country exactly what our founding fathers feared.

It took us a long time to get in this crapper, I afraid it will take a longer time to get out - if ever.  We have to many people hooked on a diet of intravenous government and snorting politics handed out by the media.

Jan 03, 2013 11:19 PM
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

Less people are applying so the #s are down and that is their dirty little secret with government #s.

Jan 10, 2013 10:34 PM