hello america!!! first, i want to say that i'm glad america created 163,000 new jobs for the month of july & second, i am disappointed that our national unemployment rate rose to 8.3%. the figures are confusing however, you have to remember that 365,000 first time claimants filed for unemployment benefits the last week of july. & another thing, more job layoffs are scheduled for this month & september.
now obama is going to be spinning the 163,000 jobs in his own favor at 11:30 today but, it's really a sorry number. if this is as far as we've come since the recession ended jun 2009, we're in worse shape then even i thought we were in...our jobs growth is extremely slow &, although there are those of you that say obama is doing great, obama just doesn't have the 'know how' to actually help us.
obama is so quick to take all the credit for the jobs created since he took office but, he won't take credit for the job losses...he can't have it both ways. his saying that 4 million plus jobs created under his watch is great but, that number has to be offset by the job losses for the very same period &, if i did my math right, he's right around 2 million plus. i don't care who you are; if you only count the money deposited to your bank account & never record the deductions, you'll die a very rich person on paper. if you put $1,000 in the account & you withdraw $500, you have $500...it's just that simple & true. by obamas reckoning, he puts $1,000 in, withdraws $500 & yet, he still has $1,000. perhaps his math is why our deficit continues to grow.
here is the bureau of labor statistics so you can read it for yourselves...............
http://www.bls.gov/news.release/empsit.nr0.htm/
no matter how you slice it, we desperately need help to get our economy up & running again &, by all accounts, at the present, we are not going anywhere....obama is in over his head.
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