Wednesday, September 5, 2012

Socialism Destroyed

Seeing Through The Media/Obama Spin

Ahead of Fridays Jobs report, it is import for everyone to prepare to see through the deception that the Obama administration will release, and look deeper into the raw data. As an example, lets consider last months numbers. The media/Obama touted a creation of over 160,000 jobs, yet looking closer we see that 348,000 individuals left the workforce in July, thus wouldn't be counted into the unemployment numbers, the civilian labor force decreased by 150,000, and those officially unemployed rose by 45,000. You do the Math. Another month of job loss to add to the over 12,000,000 already out of work and over 23,000,000 out of work or underemployed. The labor participation rate dropped to 63.7%, it was above 66% when Obama took office...the employment to population ration also dropped to 58.4%, it was 63% when Obama took office. U-6 unemployment rose to 15% from 14.9%. Numbers don't lie. Be ready to see Fridays report for what it will be, a failure.

A Debt Crisis

Massive debts are not the product of a capitalistic economy, but one in which government becomes too involved in the nations economic system in the name of caring for others.