The Worst Thing about the Census Bureau, Unemployment Rate Conspiracy Theory
Boy! The pollsters sure taught Barack Obama a thing or two! If the election happened tomorrow, do you know who would beat him like a rented farmer’s mule? Mitt Romney! Of course, there’s a catch. The election was a year ago, and Mitt was the mutt that just didn’t quite have the sniff when it counted. Could this be the sign that the Progressives are finally on the way down from their hubris-laden perches of power and influence? It could be, but I have my skeptical doubts.
Yesterday we learned shocking news. Over 100 million Americans have signed up at healthcare.gov! Gappedo couldn’t build enough Pinocchios to rate this on the Washington Post lie scale, so we’re calling it a gaffe. It also comes on the heels of a less amusing foray into the domain of amateur male bovine scatology. It seems the US Census Bureau’s September 2012 Unemployment Report may have been a foray into the magical world of statistical engineering. The NY Post tells us the following:
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From Hope to Hopelessness: Obama’s Economy Has 88 Million “Not In Labor Force”
It was less than a year ago that Barack Obama’s senior adviser, David Plouffe said: After 2½ years in office, President Obama now “owns” the economy as an issue, according to top adviser David Plouffe, who added he was confident that voters understand that recovering from a devastating recession Mr. Obama inherited takes time. “Of course he does,” Mr. Plouffe told NBC’s “Today” show host Matt | Read More »
Debbie Wasserman Schultz’s problem with the reality of unemployment.
Watching this Debbie Wasserman Schultz video is surprisingly difficult: you keep expecting her to crack up at the nonsense that she’s spouting off. But… no. Fox News’ Gretchen Carlson: “Unemployment has gone up precipitously since he took office.” DNC Chair Rep. Debbie Wasserman Schultz: “That is simply not true. In fact, unemployment has now dropped below 9%. It’s continuing to drop. He’s been focused on | Read More »
Failed-plan expert President Obama lectures GOP on plans.
Isn’t this just the cutest thing? If the video doesn’t load, Breitbart TV pulled the relevant quote: “My plan says we’re going to put teachers back in the classrooms, construction workers back to work… Tax cuts for small businesses, tax cuts for hiring veterans, tax cuts if you give your worker a raise. That’s my plan. Then you got [the Republican's] plan which is ‘let’s | Read More »
The Democrats’ new laser-like focus on jobs… HEY!
Hey, guess what? The Democrats plan to focus on jobs! (Via Ace of Spades) Stop me if you’ve heard this one before… what, you have? A lot? Are you sure?
Huffington Post Sells to AOL for $315 million
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss Friday’s unemployment numbers, Super Bowl ads, and AOL’s purchase of the Huffington Post. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. We | Read More »
June BLS: Job recovery stalled out.
UNEXPECTEDLY! Total nonfarm payroll employment declined by 125,000 in June, and the unemployment rate edged down to 9.5 percent, the U.S. Bureau of Labor Statistics reported today. The decline in payroll employment reflected a decrease (-225,000) in the number of temporary employees working on Census 2010. Private-sector payroll employment edged up by 83,000. Note, of course, that May’s job report was equally stalled-out; the 431,000 | Read More »
Good News/Bad News on unemployment.
Good news: thanks in large part to Census hiring, April job creation almost made the minimum replacement rate. The American economy added 290,000 jobs in April, which was much better than expected despite temporary hiring for the 2010 U.S. Census. Excluding Census workers, 224,000 nonfarm jobs were created, with the unemployment rate edging up to 9.9% from 9.7%, the Labor Department reported Friday. Bad news: | Read More »