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The Infamous Obama Unemployment Graph

Posted by ghostofsparta on June 7, 2009

(Crossposted at http://paranoidpyro8503.blogspot.com/2009/06/infamous-obama-unemployment-graph.html)

(Cue dramatic Music) And so, being the lemming as most bloggers are (after all, current events and pictures are a sure way to get traffic from search engines like Google), I present to you the infamous Obama Unemployment Graph. Now, as most people can see from looking at the above chart, the Obama “stimulus” (note the sarcastic quotes I put there) has not done anything at all to stop unemployment and the loss of jobs. In fact that chart points out that even with the “stimulus” the unemployment rate is worse than what even Obama’s staff predicted it would be without spending trillions of dollars we don’t have. Now of course, these numbers can’t mean anything bad for President Obama. Even when Bush had low unemployment and a great economy, things were really bad we just didn’t know it. We obviously needed our betters in the media to point out to us that Bush’s sub 6% unemployment and 14,000+ Dow means that we were really in a recession and didn’t know it. Now with Obama….why with Obama 9%+ unemployment and a Dow hovering around 8,000 means the economy is the best it’s ever been. Why, even losing hundreds of thousands of jobs is a good sign! Just look at this piece from the AP:

The unemployment rate rose steeply in May, jumping by half a percentage point to 9.4 percent. Yet employers cut far fewer jobs than in recent months…The household survey, meanwhile, counted 787,000 more unemployed people, including 350,000 who entered the labor force in May. That pushed the unemployment rate to 9.4 percent, from 8.9 percent.

Wow, as more people become unemployed, less people are getting laid off? What are the odds of that happening? But of course, nobody can top the L.A. Times. In a piece that is so over-the-top, it almost HAS to have been ripped off from The Onion, the Times talks about the joys of “Funemployment.”

Buoyed by severance, savings, unemployment checks or their parents (emphasis mine), the funemployed do not spend their days poring over job listings. They travel on the cheap for weeks. They head back to school or volunteer at the neighborhood soup kitchen. And at least till the bank account dries up, they’re content living for today.

And of course, some of the best commentary on this idiocity can be found over at Ace of Spades HQ. So here’s an interesting dichotomy: Obama needs to spend trillions to save jobs, but there are apparently plenty of people happy without jobs. Well if these people don’t need jobs, why should we be making all this extra effort that they themselves aren’t willing to make? Look, 10% unemployment is bad, I’m not denying that. But do you know what’s worse? 10% unemployment and a deficit that’s over $2 trillion. Especially when that deficit is supposed to prevent 10% unemployment. That’s a double fail, which is an impressive feat for Pres. Obama to pull off. And so to close, for those of you who don’t ever want to sleep again, take a look at the U.S. National Debt Clock. There’s nothing like seeing my future flushed down the drain to pay for useless and ineffective programs. Now if you’ll excuse me, I’m going to get back to hoarding supplies like food and ammo.

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