Thursday, August 13, 2009

President Obama Says 247,000 Job Loss is the Right Direction

On August 7, President Obama celebrated July job loss by saying “though we lost 247,000 jobs in July, that was nearly 200,000 fewer jobs lost than in June”, and that “we are headed in the right direction.”

Mr. President, there is no reason to celebrate because 274,000 Americans actually lost their jobs. Do you think that those who lost their jobs or those who know a neighbor who has just been laid-off think we are headed in the right direction? I thought you said during the campaign that one job loss was one too many. What has happened to you since you arrived in Washington? Have you lost touch with the regular people? You promised us that unemployment would never climb above 8%. Now it is at 9.4% (and 14.5% among blacks) and you are celebrating?

Who invests $150 million, watches the investment lose value every month, and celebrates an improved loss of $247,000 in the previous month?

1 comment:

  1. We are headed in the right direction! Wait, arent you a numbers guy? Dont you have to meet a quoter to keep your job? Dont you focus on numbers? Dont your boss base part of your performance on numbers? I bet the answer is yes! So dont pretend you dont know what he was plesased about when he looks a the jobless report numbers. Yes one job loss is one too many but guess what? 200,000 people did not loose their jobs as a result of the improving economy.

    You always look on the positive side. Always on the positives my freind.

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