Saturday, January 28, 2012

Pants on Fire


In his State of the Union address last week The Barry said, "In the last 22 months, businesses have created more than 3 million jobs."  Let us now see if this is factual.  From the Bureau of Labor Statistics own A-1 seasonally adjusted tables (see: CPS Tables and click on the HTML version of the A-1 table under Monthly Household Data) there were 139.9 million people employed in the civilian labor force when Obama took office in January of 2009.  In January of 2010, this same number stood at 139.1 million (down 800 thousand).  And, at the end of December last year, there were 140.8 million employed according to the same table.  This is only an increase of 900 thousand since he took office (while the relevant working-age population grew by 4.8 million) and, up 1.7 million in the last 23 months.  This clearly is "not more than 3 million."

That is ... unless Obama is counting what U.S. companies have hired abroad (a possibility) ... or, even more disturbingly, the fact that U.S. companies may be employing slews of foreign nationals instead of U.S. citizens (see: Numbers USA).  In any case, I have already heard many Obama surrogates quoting this "fact" and I'm sure that the American public already has this hook and worm well down its gullet.

Moral of the story: "Don't mess with the bully pulpit."

2 comments:

DEN said...

I think you may be missing the "Party-on-fire" lying that is going on among the Republican rivals. Gingrich (the GOP's answer to Bill Clinton)calls Mitt a liar and vice versa. There is a lot of low-hanging fruit there.
Too bad, the employment rose by 900K and the economy is getting better and the stock market is improving. This Obama election year trick just might work.

George W. Potts said...

Go to the Numbers USA link provided and read about 3 million foreign nationals getting jobs in the U.S. since Obama put on the crown. This may mean that the actual number of U.S. citizens working many even have gone down quite a bit since then.