The Bureau of Labor Statistics has published the official government unemployment numbers touting that the unemployment rate has come down to only 8.6%. Hooray.
As a comparison, under President W, the average unemployment for all eight years of his entire presidency is 5.26%, with a low of 4.6% for the years of 2006 and 2007, and a high of 6.0% for 2003. Headlines for Bush during that time:
The President’s Jobless Recovery
Frustrated Job Seekers Cause Jobless Rate To Drop
Economy Adds Few New Jobs
Low Jobless Rate Reflects Lost Hope
US Jobless Rate Drops But For Wrong Reasons
As compared to the headlines now for Presbo:
Unemployment Rate Drops To 8.6% Raising Hopes
Jobless Rate Drop Could Boost Obama
Obama Gets Economic Indicator He Can Crow About
Good News On Job Front For Obama
Jobless Rate Lowest In 2.5 Years
And those aren’t even the real numbers. The government numbers don’t count people if they have given up looking for work and haven’t looked in the last 4 weeks. They also don’t count people that are working at parttime or pickup jobs but that would like to be working full time. Because if you count THOSE people, it would add 5.7 million people to the unemployment numbers and that would yield an actual unemployment rate of between 16 and 17%.
So those people apparantly don’t count. Or else the Bureau of Labor Statistics can’t count.
In Russia, people read the government news Pravda because even if it told lies, at least they would know what is going on. Here in the US, we watch the news to find out what the government would like to have going on.