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Tuesday, November 17, 2009
Why you Still Shouldn't Be Fooled by 10.2%
Posted by: John Campbell at 11:01 AM

Two weeks ago, the Department of Labor released their latest unemployment numbers which put the current unemployment level at 10.2%.  You may remember, in a recent blog, I mentioned that there was more behind the 10.2% figure than one would hope and that the actual number is closer to 17.5% because the calculation does not account those individuals who have given up on finding work or those who are underemployed, such as individuals working part time but looking for full-time work.

According to a review by the Wall Street Journal there are a number of inconsistencies in the way the number of jobs ‘saved or created’ are calculated by the White House in regards to its Stimulus package. 

Take these examples for instance:

“A Kentucky shoe-store owner claimed to have created or saved nine jobs with an $889.60 contract to supply work boots to the Army Corps of Engineers. The owner said he supplied nine pairs of boots and that the mistake arose from confusion over the government form.”

“As many as 86% of the jobs estimated by recipients of Head Start grants could have been inaccurately reported, according to the Department of Health and Human Services. The department said 277 of the 1,601 reports it had received were being reviewed after being contacted by the Journal. Those reports claimed 7,753 jobs created or saved out of a total of 8,997 reported.

"Holy moly, that's not right," Teresa Cox, executive director of the Mid-Willamette Valley Community Action Agency in Salem, Ore., said of her organization's report. It indicated that 205 jobs were created or saved with the agency's $397,761 federal grant. The money, she said, was used for pay raises.”

“Stetson University in DeLand, Fla., counted every part-time work-study position funded by the stimulus, and, in some cases, more than one work-study position held by the same student. That led to the university reporting that it had created or saved 483 jobs with a $193,469 grant for its work-study program. University spokeswoman Cindi Brownfield said the campus has since realized that the actual jobs number should have been written as the full-time equivalent of the jobs -- probably between 18 and 30.”






Monday, November 16, 2009
It's about Jobs, Jobs, Jobs
Posted by: John Campbell at 2:41 PM

Last week I highlighted a story from Politico that indicated a shift in strategy by the Obama administration in 2010, to focus on the economy and jobs.

I along with many of my colleagues have been arguing since January that you absolutely cannot tackle any other domestic issues without the benefit of a strong economy and a pervasive jobs market.  Right now, we have neither.  Yet the Obama Administration has insisted on pursuing initiatives that are detrimental to jobs and job growth.

The main domestic focus for any President at a time like this should be…jobs, jobs, jobs.

Don’t take my word for it, here is a comparison chart produced by the Heritage Foundation based on White House estimates and reality…

Heritage Foundation






Friday, November 06, 2009
The Truth Behind Today’s Job Numbers
Posted by: John Campbell at 3:30 PM
Earlier today I blogged about the high level of unemployment and the failure of the President’s stimulus package to provide the stimulative effects promised by the administration.  However, we must take a hard look at what these numbers really mean.

First, it is important to make a distinction between the number released earlier today and what is happening in reality.  Don’t let the 10.2% figure fool you.  Out in the real world, unemployment is 17.5%.  The figure released by the Department of Labor does not include those individuals who have given up on finding work or those who are underemployed, such as individuals working part time but looking for full-time work. 

Meanwhile, back in D.C., Nancy Pelosi and President Obama are intent on passing legislation on global warming and health care which analysis has shown will kill jobs and only exacerbate our current economic woes.

When roughly 1/5th of the American population is unemployed or unable to find full-time work, why is the President and Speaker intent of making work harder to find for even more Americans?






Friday, November 06, 2009
Where are the Jobs?
Posted by: John Campbell at 1:28 PM
As you may have heard, the latest numbers on unemployment were released today and merely provide a metric for what Americans across the country have known for a while now; the economy still has not recovered. These numbers, which have broken the double digit mark for the first time in 26 ? years, clearly indicate that the President’s Stimulus package has done nothing that it was intended to do, which was to make the recession shorter and shallower.

You will remember that President Obama’s economic advisors indicated that with the passage of the so-called ‘stimulus package,’ unemployment levels would not exceed 7.8%. Now, as we stare down the face of unemployment levels of 10.2%, it begs the question, Mr. President, where are the jobs?






Wednesday, November 04, 2009
Is President Obama running the Dunder-Mifflin Scranton Office?
Posted by: Kevin McCullough at 11:40 PM
http://4.bp.blogspot.com/_1OFe6OW0NaI/RoWJNd3XVbI/AAAAAAAAAsc/RD2Zht2oNrU/s320/Michael Scott Drugs.jpg
"Of course I inhaled... wasn't that the point?"
                                               ~Barack H. Obama

If an employee is about to lose their job, by having it eliminated, downsized, merged, or replaced... do they normally get a raise?

Hence... someone getting a raise ISN'T about to be disposed of, hence NOT a job saved.

But Obama and company like to do the math invented by Michael Scott...



Track KMC 24/7



Tags: obama   funny   math   saved   jobs



Thursday, February 05, 2009
Pelosi's lips moving, dishonest crazy detected in atmosphere immeditately
Posted by: Kevin McCullough at 10:23 AM
http://www.brownpride.us/wp-content/uploads/2008/03/nancy-pelosi.jpg

Nancy Pelosi has always had a penchant for the classic overstatement. Remember the "most ethical Congress ever?"

Well then there's this:



500,000,000 jobs a month?

When there is only a little over 303,000,000 total population in the country?

Whatevs...




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