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Barry is selling it but not everyone is buying his form of plagiarism.<\/p>\n
President Barack Obama said U.S. job growth is improving<\/a> after a government report showed employers added 103,000 jobs last month and the unemployment rate fell to 9.4 percent in December from 9.8 percent in November.<\/p>\n
In his weekly radio and Internet address, Obama today credited steps taken by his administration to reduce taxes and encourage business investment with helping to restore economic confidence and boost hiring.<\/p><\/blockquote>\n
Really Barry? Steps taken by your administration<\/em> are responsible for discouraging <\/em>people from looking for jobs?<\/p>\n
A little perspective might be indicated at this juncture, with all due respect, Mr. President:<\/p>\n
Although the jobless rate dropped substantially to 9.4% in December from 9.8% a month earlier<\/a>, the Labor Department said Friday, employers increased payrolls by only 103,000. Economists say that is barely enough to keep up with natural growth in the labor force. Much faster employment and enduring job gains\u2014on the order of 200,000 jobs a month\u2014are needed for lasting improvement.<\/p>\n
The decline in the jobless rate, paradoxically, was partly a sign of economic weakness\u2014many people have given up on finding jobs, and thus were not counted as unemployed. Some 8.4 million jobs were shed during the recession, and in 2010 just 1.1 million were added.<\/p><\/blockquote>\n
Between you and a Congress that was almost gutted of your ilk in November, you’ve spent billions and billions of dollars that we don’t have…sacrificing our nation’s very solvency to create a few hundred thousand jobs when millions and millions have been lost?<\/p>\n
Employers in the U.S. added fewer jobs than forecast in December<\/a>, confirming Federal Reserve Chairman Ben S. Bernanke\u2019s view that it could take \u201cfour to five more years\u201d for the labor market to completely mend.<\/p><\/blockquote>\n
…and that may be just as optimistic and his assertions that the latent, yet unrealized effect of the trillions of “quantitative easing” will be quite manageable down the road.<\/p>\n
Payrolls increased 103,000, less than the median projection of 150,000 in a Bloomberg News survey, Labor Department figures showed yesterday in Washington. The jobless rate fell to 9.4 percent, partly reflecting a shrinking workforce as discouraged Americans stopped looking for work<\/strong>. [emphasis mine-JR]<\/p><\/blockquote>\n
Lest we not forget why those [JR does that thing with your fingers that denotes quote-unquote] “steps” were taken by [again] “his administration.”<\/p>\n