Green Room

Unemployment numbers the WH-MSM don’t want you to see

posted at 8:11 am on May 13, 2009 by

The blue lines are Obama’s projected unemployment numbers with and without his $775 billion stimulus. The red triangles are actual employment numbers.

The actual numbers aren’t just worse than the rosy picture Obama painted for a world after his magical stimulus took effect. They’re worse even than the doomsday scenario he outlined if Congress didn’t pass his stimulus plan.

What kind of distraction will the media create to cover up these little details?

Source

Recently in the Green Room:

Blowback

Note from Hot Air management: This section is for comments from Hot Air's community of registered readers. Please don't assume that Hot Air management agrees with or otherwise endorses any particular comment just because we let it stand. A reminder: Anyone who fails to comply with our terms of use may lose their posting privilege.

Trackbacks/Pings

Trackback URL

Comments

Meanwhile, fear-based politics sets in and he and the Dem-controlled congress get to enact whatever or approve-of whomever they please.

“Hope” and “change”, indeed!

(good point on the “worse than the doomsday scenario”)

eforhan on May 13, 2009 at 9:43 AM

Two possibilities: Either the stimulus is making things worse, or the President has hired one of the dumbest teams of economists in history.

On a side note, could someone explain the logic behind spending nearly 800 billion on something they figured would self-correct on its own within 5 years?

BadgerHawk on May 13, 2009 at 9:46 AM

BadgerHawk on May 13, 2009 at 9:46 AM

What I fear Hawk, is the “real” plan is unfolding just as they drew it up. Everything we have seen so far with this administration, leads me to believe we are being sold a bill of goods that has nothing to do with the actual plan.

Keemo on May 13, 2009 at 9:51 AM

If a Republican were in the White House, the media would be filing stories 24/7 about the “true” unemployment rate, which includes people who have given up and former full-time employees working part-time out of necessity. That number right now is 15.5% and climbing.

Retail, housing construction, and financial services jobs are not being created by any federal spending, and the people who had those jobs and lost them are not going to pick up shovels and jackhammers to build more bridges to nowhere.

rockmom on May 13, 2009 at 1:02 PM