President Obama’s Unemployment Figures Are Smoke and Mirrors

Filed in Gather Politics News Channel by on February 3, 2012 0 Comments

President Barack Obama will brag about bringing unemployment figures down to 8.3 percent, but the American public is not being told the complete story.

The country added 243,000 jobs last month, according to a report released Friday, but the United States Bureau of Labor Statistics is not revealing the complete picture.

The folks at the BLS failed to mention a shocking 1.2 million workers dropped off the grid in January and stopped looking for work. In other words, the Obama Labor Department is cooking the books.

Hiring accelerated across varied industries, including professional, manufacturing and leisure and hospitality. But, read between the lines, and the outlook is much gloomier.

“The civilian labor force tumbled to a fresh 30 year low of 63.7% as the BLS is seriously planning on eliminating nearly half of the available labor pool from the unemployment calculation,” sources report.

No American president since Franklin Delano Roosevelt has won a second term with a jobless rate more than 7.2 percent. So Obama and his left-wing media accomplices will spin every metric to create an illusion of recovery. And, the Labor Department will continue to falsify the unemployment figures.

Most Americans have friends or relatives who’ve lost homes or jobs because of Obama’s mistaken economic policies. The unemployment figures are a big lie.

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