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 Michael Medved

Economic Honesty Deflates Campaign Claims

May 31, 2012 @ 4:54 pm

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 30 years. The president can try to manipulate figures to insist that his policies are working, but the raw numbers show that public perceptions are right: finding work remains fiendishly difficult in a recovery that could count as the most anemic on record.

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  • ron prevost wrote...
    May jobs report:
    June 1, 2012 7:44 pm
    200,000 new needed to basically keep up with population growth. . Even the government had expected only 165,000. . The reality is only 69,000.

    Private sector / public sector. When total jobs are down that bad, we all lose.

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  • messiah101 wrote...
    Mr Romney
    June 2, 2012 8:53 am
    Give us a detailed plan of what you would do differently then Obama and approximately how many new jobs would that create (and what would the average wage be) because if you take a $50K a year job and replace it with 2,$25 K a year jobs are you really creating anything?Now please don't try to fool us taxpayers into believing that tax cuts for corporations and the wealthy are the answer because since Bush cut taxes and Obama kept the cuts jobs have still dropped.
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  • fitz1 wrote...
    it will take time
    June 2, 2012 11:46 am
    Bush starts a war which one of his own men said he should not have. I dont want to talk about the dead and wounded. He really has 2 wars which costs over a trillion dollors and he lowers taxes.The banks which your side wanted no regulations, goes goes crazy in 2008. Obama had to start with a huge hole. Congress said almost from the start, they would vote against everything he was for. Your side used to preach the virtues of the features of Obamacare, Of course you didnt call it that then. Throught all that, he has had steady job growth! He signed the equal pay for equal work act and much more. King Mitt will win because his rich buddies will buy the election. So be happy! I am just sad.
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