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re: Unemployment down to 7.8%

Posted on 10/6/12 at 4:29 pm to
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5612 posts
Posted on 10/6/12 at 4:29 pm to
quote:

blueridgeTiger

Not a fabrication if you delve into it, many in these surveys are trying to get another part-time job for the holidays. Its in line with seasonal patterns but it was a big jump. Also that report is obviously so angled its ridiculous.
quote:

Republicans kept hammering Obama on the high unemployment rate and now that it is slightly in his favor, he is going to try to use it in his favor.

The unforunate irony is that politicians talk about it because the general public pays attention to it. It really wouldn't have mattered who the president was the past 4 years, I doubt the unemployment rate would have deviated +/- 0.5%. Its a long-term structural unemployment problem that politicans keep making short-term reactive fixes to in order to get re-elected by a short-term thinking, easily impressionable public. This goes for both parties.
This post was edited on 10/6/12 at 4:34 pm
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