The Obama Economy Continues To Shed Jobs
The news just keeps getting worse for American workers, and by extension Barack Hussein Obama and his failed economic policies.
The Bureau of Labor & Statistics (BLS) shows that Unemployment is expected to jump to 8.7% for the month of August. Gallup numbers which have been historically more “optimistic” and therefore reported by the liberal lamestream media shows a “steady” 8.3%.
Barring a sharp reversal of this trend, the news isn’t good for Barack Hussein Obama and his liberal spending policies to boost the economy.
The BLS did no seasonal adjustments in August of 2011. If they use the same calculation for August 2012, the unemployment rate will show 8.7%.
Do we see why the liberal lamestream media prefers the Gallup numbers rather than the tried and true Bureau of Labor & Statistic numbers, which have been used by every President except Obama?
Folks, August will mark the 44th straight month of Unemployment above 8%. That’s never happened before, this is yet another historic Obama first.
When will this trend end? Nov. 7th, 2012, the day after the 2012 elections and Obama has been thrown from office.