Today's NFP "miss" was HUGE.
- Even with the BLS statistically 'killing' a bunch of unemployed people. The Labor Force Participation Rate is back to 1979 levels, proving that the often-used Communist slogan "forward" remains awfully backward.
- And neither the "sequester" nor "Obamacare" have kicked-in yet.
All this despite the increasingly grotesque claims from this mis-Administration and the Red Shed (formerly known as the White House) that the US unemployment rate is "improving" somehow. Can you spot the NOSEDIVE starting in 2008 when Barry and his buddies took charge of things?
- Karl Marx could NOT have done a better job!
And, salt in an open wound here, our boy-wonder wants to raise taxes AGAIN.
- Understandable, since it now pays better to sit on one's ass and collect 'disability' and other welfare entitlements than to work and pay taxes, and, well...dammit, those frequent luxury vacations for the "Worst...er, First Family" keep getting more expensive as the Dollar is debauched!
Jimmy Carter could not be reached for comment, but insiders say he is sulking about Barry's accomplishments.
Friday, 5 April 2013
"Forward" to 1979?.......................from Rico
From Theo Spark at 17:05
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