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Help me do the math Obamabots.

Help me do the math Obamabots.

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Scratch that, help Obama do the math. I visited one of his web sites saying that the Obama administration created about 4.6 million jobs in the last 30 months. However, what of the following?

In Jan 2007 the unemployment rate was 4.6%

In Jan 2009 the unemployment rate was 7.8%

Today it is around 8.3%

Likewise, in Jan 2007 the Labor force participation rate was 66.4%

In Jan 2009 the labor force participation rate was 65.7%

Today it is around 63.7%.

How does this add up?

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Originally posted by whodey
Scratch that, help Obama do the math. I visited one of his web sites saying that the Obama administration created about 4.6 million jobs in the last 30 months. However, what of the following?

In Jan 2007 the unemployment rate was 4.6%

In Jan 2009 the unemployment rate was 7.8%

Today it is around 8.3%

Likewise, in Jan 2007 the Labor force partici ...[text shortened]... e labor force participation rate was 65.7%

Today it is around 63.7%.

How does this add up?
Simple, we lost 4.6 million less jobs than we could have. Now tell folks a job saved is a job created an viola!!! Don't know why they picked the number they did.

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January 2007 was more than 30 months ago. Obviously they compare to the bottom of the recession to polish the turd a bit. And obviously you compare to a much better situation to make Obama look worse (as if that's necessary).

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Originally posted by whodey
Scratch that, help Obama do the math. I visited one of his web sites saying that the Obama administration created about 4.6 million jobs in the last 30 months. However, what of the following?

In Jan 2007 the unemployment rate was 4.6%

In Jan 2009 the unemployment rate was 7.8%

Today it is around 8.3%

Likewise, in Jan 2007 the Labor force partici ...[text shortened]... e labor force participation rate was 65.7%

Today it is around 63.7%.

How does this add up?
Your schoolboy error is to mix concrete numbers and percentages and expect some correlation.

Obama could have created a billion new jobs, but if a billion and a half old jobs disappear or a half a billion more people join the job market the unemployment will rise by half a billion.

Do the math yourself and stop pretending to be an honest dunce.