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Economic Honesty Deflates Campaign Claims

epatterson Wrote: Jun 01, 2012 5:01 PM
It's painful when a lawschool drop-out and medicore movie critic tries to recast himself as an expert on economics -- and I don't just mean painful for the reader. Stick with the Golden Turkey's, Mikey. You're on solid ground there.
epatterson Wrote: Jun 01, 2012 5:54 PM
Oops ... forgot there is no editing feature here. Law School is two words and I need to correct the word mediocre. My sentiments remain the same.

President Obama seeks re-election by touting his record as a “job creator,” but indisputable statistics from his own Labor Department deflate his claims. Fewer people hold jobs today than when Obama became president, while the number of “unemployed” soared, and those who gave up looking for work rose even more dramatically--from 81 million all the way to 88 million.

In April, 342,000 more people gave up the job search, meaning that the percentage of the work-age population either looking for work or holding jobs fell to 63.6 percent, the lowest level in more than...