Off-Topic: Oblamer crows about unemployment rate

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	Name:	MartiniMan -
	Subject:	Oblamer crows about unemployment rate
	Date:	12/2/2011 10:36:39 AM

Assuming we are all stupid Oblamer is patting himself mightily on the back over a reported 8.6% unemployment rate. What he sickeningly fails to mention is that the reduction is due more to people leaving the labor force than from adding jobs. They have given up on ever being a participant in the workforce. So now the labor participation rate in the U.S. is down to 64% (what this means in that almost 4 of every 10 Americans do not work). The long term unemployment rate is likewise up substantially and jobless claims have jumped to over 400K again after a few better weeks.

What is interesting is that neither the economy nor the average American will feel any better about things but will they think things are better as the government media again carries the water for the Messiah and joins in on the scam? I guess we will have to wait over the next few weeks to see how consumer confidence numbers look.