It's good news I think but the fact that no one, Lib or conservative has chimed in may point out to the fact that these numbers from Washington have become so very suspect that on one pays attention any more.

New CBO Report Decimates 'Obamanomics': Real Unemployment Hits 15%

"The rate of unemployment in the United States has exceeded 8 percent since February 2009, making the past three years the longest stretch of high unemployment in this country since the Great Depression. Moreover, the Congressional Budget Office (CBO) projects that the unemployment rate will remain above 8 percent until 2014. The official unemployment rate excludes those individuals who would like to work but have not searched for a job in the past four weeks as well as those who are working part-time but would prefer full-time work; if those people were counted among the unemployed, the unemployment rate in January 2012 would have been about 15 percent. Compounding the problem of high unemployment, the share of unemployed people looking for work for more than six monthsâ€"referred to as the long-term unemployedâ€"topped 40 percent in December 2009 for the first time since 1948, when such data began to be collected; it has remained above that level ever since."

The Real U/E rate has always been high, that is nothing new now. Hell it was 10% in 2003 and 16% last year and only now is trending downward.

Does anyone really believe any of these numbers?

if this is true why did Congress just pass another Unemployment benefits extension? ..

please write Obama and tell him NOT to sign into law .. we don't need it ..
things are getting better every day!

Does anyone really believe any of these numbers?
#4 | Posted by Washboard

About as much as I believe that inflation is in check. Think anyone in the White House has gone grocery shopping or filled up their fuel tank lately.

I'm in Fargo, ND. We are not part of North Dakota oil boom. But nearly every store in town has a help wanted sign.

ND has the lowest unemployment rate in the country. And there have been help wanted signs in the windows of stores and fast-food joints in my home town of Venice, FL. They never even take them down. And if you send in your 18-year-old kid to "inquire within", they say, oh yeah! We're always taking applications! But we don't have anything available at the moment.

Whoooo!!!!!! Only 348,000 new unemployed people every week! GOBAMA!!!!!!!!!!!!!!!!!!!!!!!

They made unemployment apps? I can see why they are so low. Who would want to pay for an unemployment app and what would it do exactly?

Does anyone really believe any of these numbers?

#4 | POSTED BY WASHBOARD AT 2012-02-16 06:49 PM | REPLY | FLAG

As much as any other administration.

ike the time I caught the ferry over to Shelbyville. I needed a new heel for my shoe, so, I decided to go to Morganville, which is what they called Shelbyville in those days. So I tied an onion to my belt, which was the style at the time. Now, to take the ferry cost a nickel, and in those days, nickels had pictures of bumblebees on 'em. Give me five bees for a quarter, you'd say.

Now where were we? Oh yeah: the important thing was I had an onion on my belt, which was the style at the time. They didn't have white onions because of the war. The only thing you could get was those big yellow ones...

#8 | POSTED BY RIGHTISRIGHT AT 2012-02-17 10:53 AM | REPLY | FLAG:

About as much as I believe that inflation is in check. Think anyone in the White House has gone grocery shopping or filled up their fuel tank lately.

#6 | Posted by paneocon at 2012-02-16 09:07 PM | Reply | Flag:

"Rising Fuel Prices Push CPI to Highest Gain in Four Months"

Oil Industry begins their attack on democracy, can't have the American people choose what is good for them, no that's not possible, got to get them to vote for the benefit of the oil billionaires. Thankfully, there are lots of morons out there to go along with this and pretend it is the President's fault.

#14 | Posted by danni at 2012-02-17 11:39 AM | Reply | Flag:

Looks like it is time for the unstable, emotional mess that is Danni to take a vacation.

I just posted that in response to paneocon talking about inflation. This deals with inflation.

Take a vacation Danni, your Obamasickness, although not contagious, is disturbing.

People are still arrogant enough to blame the president for unemployment. How can the president of a country create jobs other than through social programs (witch you hate even more?) If 1% of the population sits on the job money or invests it elsewhere where are these magic jobs supposed to come from the job tree in jobby land? To top it off you idiots want to go to war with Iran and spend all the poor peoples money because last I checked none of you bought war bonds to pay for the last two and a half wars. Kill some more poor families children send yours on a Mormon mission where they will be exempt from any draft or Canada if you are some other wealthy religion.

Oil Industry begins their attack on democracy, can't have the American people choose what is good for them, no that's not possible, got to get them to vote for the benefit of the oil billionaires. Thankfully, there are lots of morons out there to go along with this and pretend it is the President's fault.
#14 | Posted by danni

It's the oil companies that are printing more money, causing our cash in hand to be worth less? I guess that old photo from the Weimar means it was the bread industry that caused German money to be worthless.

Gas prices high with Bush = Oil man in the WH!! Big Oil!!
gas prices high with BO = Big Oil!!

hmmm.

#16 | Posted by TwoCents

People are still arrogant enough to blame the president for unemployment. How can the president of a country create jobs other than through social programs (witch you hate even more?) If 1% of the population sits on the job money or invests it elsewhere where are these magic jobs supposed to come from the job tree in jobby land? To top it off you idiots want to go to war with Iran and spend all the poor peoples money because last I checked none of you bought war bonds to pay for the last two and a half wars. Kill some more poor families children send yours on a Mormon mission where they will be exempt from any draft or Canada if you are some other wealthy religion.
-------------
Only and idiot would blame the president for the jobs not being created by the Keystone pipeling project because the Feds did not give the okay

#12 | POSTED BY 726

Best Grandpa story of all time.

Danni....your spittle is getting on the computer display. Time for weed and some Simon and Garfunkel. Oil prices are controlled overwhelmingly by speculators who react to any situation worldwide that they believe might impact demand, production, transport or refining. I don't have a chart, but I'd bet if you plotted a timeline of Arab Spring against the rise in oil prices, you'd find some similarity. You'd also see some Wall Street suits putting wheelbarrows of cash in their pockets.

Yeah,,what 902 said. Add keystone and offshore drilling permit denials to the Arab Spring timeline.....

That's good news, but we still have a large underemployment problem, also there are many people who have stopped looking which means they count as employed.

We have a long ways to go.

dropped 13,000 to a "seasonally adjusted" total of 348,000

Wonder what the REAL number is.

Truth here:

Wow. You mean the unemployment applications are finally back to the level they were at under George Bush?
I didn't realize the Bush standard is what Barry was pushing for.

Pretending that the oil companies won't use the price of gas as a political weapon will just give me another opportunity to remind you later that I told you what was going to happen.

726--don't you have a portfolio of 15% muni bonds to manage? Because today is options expiry for February. Gotta make sure none of them are called away!

all of you radicals...just do EXACTLY WHAT YOU DID WHEN BUSH"S RATE WAS less than 5 % and tell us all about the REAL numbers on this issue and we will listen and pay attention to what these sorts of threads are trying to say.

such as the number of people who have given up...JUST LIKE YOU DID WHEN "W" WAS THERE....

otherwise your just the same old typical liberal bullshit

726--don't you have a portfolio of 15% muni bonds to manage?

Ouch, got me good with that one Abe.

#EXACTLY WHAT YOU DID WHEN BUSH"S RATE WAS less than 5 %

What about when it was 7.8%?

Tell us that story gramps.

-Ouch, got me good with that one Abe.

you're right. that one has been replaced by many other lies since.

well sonny boy....sure since economics is a cycle...sure but that doesnt change my point

RIGHT HERE when you were still on yo mamas tit....libfux were SCREAMING and lecturing us that the 4.8 I believe rate under "W" was ONLY because of the way it was reported and ALL im asking for is the same COMPLETE reporting here...but I KNOW thats too much to ask...
THEN we can get into his 7.8 WHICH By the way./...dems would want to CROWN barry as king if that were the rate...

gramps????

we walked to schoool UP HILL BOTH ways through the snow and rain.....

CAUSE WE LIKE IT...

With all the cuts in education it is probably because no one knows how to fill them out anymore.

#32 | POSTED BY AFKABL2 AT 2012-02-17 03:19 PM | REPLY | FLAG:

Holy crap that was some serious word salad.

ALL im asking for is the same COMPLETE reporting here

You are free to post another thread.

Truth here:
www.shadowstats.com
#24 | Posted by nutcase

are you following his advice to stockpile; gold, lead (bullets), and MRE's?

If you want to blame a president for not creating jobs how about blame the one who used all our money to invest bombs which have 0 return on investment?

Take a vacation Danni, your Obamasickness, although not contagious, is disturbing.

#15 | Posted by ExpsRedemption at 2012-02-17 11:44 AM | Reply | Flag:

But what about the rest of us?

DanniDrivel is my daily vacation from reality.

How can the president of a country create jobs other than through social programs (witch (sic) you hate even more?) If 1% of the population sits on the job money or invests it elsewhere where are these magic jobs supposed to come from the job tree in jobby land?

#16 | Posted by TwoCents at 2012-02-17 11:45 AM | Reply | Flag:

Hmmmmm . . . . a new poster fell from the Stupid Tree in StupidLand.

Go learn about the explosion of business-related regulations that do nothing except lard employers with expenses.

Make it harder to do business and you get fewer jobs.

None of this really matters as the deficit in now at 16 billion dollars and headed straight for 20 trillion plus. A number from which we will never recover. All thanks to democrats and especially Obama.

Its going to take a strong fiscal conservative president to reign in spending and restore sanity in Washington. The quicker Obama is gone the better it will be for our country.

And everyone is just fast tracked to the Welfare office and all the freebies just like cows to the slaughter. Now how to pay for this? Certainly can't cut government salaries or waste. NO NO NO! Oh, that's right, we will just wait for them to milk the unicorns and gold will shit out of the golden calf. These people are arrogantly forcing our children into a life of servitude to the despots in this country. Gee thanks for that!

If you count those who have given up on looking for a job and don't count who are no longer getting unemployment benefits, what sort of number of people out work would you get? Are there less people with jobs than ten or even five years ago? How much does the population increase each year?
The Feds are unreliable as to facts. So is the MSM.

Another Libtart half story for the Drones.

Weekly Apps. for U.E. benefits have dropped to a 4 year low....really.

Notice the word NEW (U.E. benefits) is not in there any where.

If your U.E. Benefits ran out you would not be APPLYING for your U.E. Benefits now would you.

So you and every body else who's Bennies ran out would not be counted as getting U.E. so the Apps. for them would go down....would they not ?

But you and 12 Million other working age people are out of work.

.......NOPE IN NOVEMBER.......

Mensa stick to bad poetry because you suck at politics.

#9 | POSTED BY JOE AT 2012-02-17 11:06 AM | REPLY | FLAG: OLD UNEMPLOYED PERSON

Because we on this new program called FU.

It really gets the repubiliclowns that Barry will never be vilified as much as they're bubba Dubya. That little wannabe texas asswipe even surpassed tricky Dicky... who incedentally also fucked up a war and an economy. That is two republiclown dickwads in thirty years if you don't count the brain dead one that served as a sock puppet.

Employment is at low ALSO. They are cooking the books by decreasing the number of people that are looking for work. Why yould you look for work when you can get 5 yrs of unemployment, food stamps, and a free cell phone with 250 minutes a month?

What about the 1.2 million who dropped off the unemployment rolls and have now been added to the welfare rolls? Estimates put the percentage of the currently employed adult workforce at 63%! You liberals have been so dumbed down by this administration that you cheer the fact that $5 trillion dollars has been shitted away and the U3 number is above 8%.

Oh look, the Repug douchebags are longing for the days when Dumya MBA was losing 600,000 jobs per month again.

Wonder how the liberals argue with the fact that new food stamp recipients have sky rocketed over just this past year to record breaking numbers. hmmmmm, dear oh dear. Facts are tough for the flaccid sheeple.

Wonder how the liberals argue with the fact that new food stamp recipients have sky rocketed over just this past year to record breaking numbers.

Nice try, PutridQueef.

The U.S. Department of Agriculture's Food and Nutrition service tracks month-to-month figures dating back to January 2001. The numbers show that the total of food stamp recipients rose to 14.2 million during President Obama's administration.

The highest in history so far is President George W. Bush. The number of food stamp recipients grew to nearly 14.7 million while he was in office.

Unemployment Record Worst Since WW II Under Obama

Sorry limp dick but that was for an 8 year period under Bushy, NOT 3 1/2 years with Obama! MORON!

Shall I redirect you to the earlier post of:
#2 | Posted by paneocon
FACTS HURT LIBERALS!

Does anyone really believe any of these numbers?

#4 | Posted by Washboard

Apparently only when they suppor their leanings.

suppor = support

Unemployment Record Worst Since WW II Under Obama

Nice try, queef stank. That diaper-clad dunce Reagan's 10.8% u/e rate in 1982 remains the highest since the great depression.

Employment is at low ALSO. They are cooking the books by decreasing the number of people that are looking for work. Why yould you look for work when you can get 5 yrs of unemployment, food stamps, and a free cell phone with 250 minutes a month?

#49 | Posted by Sniper

I think that is a similar "out of my ass" assessment the Gov in FL proved incorrect when he made the statement that people on welfare used drugs at a higher percentage than thoes not on welfare.

Spent a ton of money only to find out that 2% of people on welfare use drugs vs 8% who dont.

I'm absolutely positive that there's a percentage that think the way you say, just as I'm absolutely positive that it's not remotely close to the percentage that you think it is.

Wow, they really do have an App for everything ...

.... Obama "Reelection" Propaganda Vs The Truth!

**** CBO: Longest Period of High Unemployment Since Great Depression

February 17, 2012

Source: US News

After three years with unemployment topping 8 percent, the U.S. has seen the longest period of high unemployment since the Great Depression, the Congressional Budget Office noted in a report issued today.

And, despite some recent good news on the economic front, the CBO is still predicting that unemployment will remain above 8 percent until 2014. The report also notes that, including those who haven’t sought work in the past four weeks and those who are working part-time but seeking full-time employment, the unemployment rate would be 15 percent.

The CBO made its comments in a report examining the long-term effects of joblessness, and possible policy options to boost employment, including unemployment insurance reforms and job training programs. The report came at the request of Democratic Michigan Rep. Sander Levin, but Republicans quickly jumped on the chance to bash President Obama’s stimulus program, which is also reaching its three-year anniversary today.

“The stimulus is a stark reminder of how the president got the policies he wanted, and how those policies have failed the American people and are making things worse,” said Texas Republican Rep. Jeb Hensarling.