The truth about Obama's claim of 10 million jobs and the "sharpest recover in American history."





In an article out of the National Review, here,   Ryan Lovelace exposes the fact that over the course of the Obama years,  alone, 5.46 million work permits have been given to issued by Central Planning.  In a CBS interview,  two months ago  (November of 2014),  Obama claimed 10 million jobs created during his time as president.  As Obama Hyperbole would have it,  this is the fastest job creation in the history of mankind,  or some such comparison. 

Problem:  During the recent recession,  our economy lost 8.7 million jobs  (per CNN) .  Taking this numbers into the discussion,  the net gain,  "jobs created versus jobs lost," is 1.3 million to Obama's favor.  In other words,  using only two contrasting numbers,  the recovery can [only] account for a meager 1.3 million jobs over the course of the past 6 years.  But this is not "full disclosure" as to the lie Obama wants you to believe.  

There is the matter of "workforce size."  It is 9+ million folks smaller than during the sixth year of Bush   . . . . .    9 million fewer people working and Bush had two economic disasters to deal with during his eight years:  the destruction of the Twin Towers on "9/11" (that was the financial capitol of the world,  folks),   and the 2008 recession caused by Affordable Housing policies.  Understand this,  the workforce averaged above 65% for all of 2009.  Then,  the bottom began falling out from under this Administration.  Today, as I write,  it is at 62.7%,  a near-40 year low.

You should know that 2.5 million of the "9+," are Americans who can work,  but have given up the search and no longer qualify for unemployment assistance.  The remaining 7 million?  Some retired,  others went on disability and others moved into the working "underground,"  where they work to survive but do not report their income.  

Now,  if I have not taken you all,  too far into the weeds,  with all these numbers,  you know that comparing Obama's claim of "10 million jobs created" is wholly offset by the workforce exodus of 2.5 million folks, coupled with the number of jobs lost during the recession.  He is at or a bit to the negative side of Zero.  

Conclusion:  Ask yourselves this question - "If the truth as to net - net job creation is 'zero,'  what is the impact of the additional 5.4 million immigrants who have been granted work permits?"  

I do not have an answer except to argue that this additional immigrant workforce actually adds to the population of unemployed.  If 2.5 million available and unretired Americans are no longer counted in the workforce,  that fact is made worse with the inclusion of the increasing immigrant population.   Clearly, the 5.4 million immigrant workers coming into our economy,  are NOT working, for the most part and  remain unemployed.  As an unintended consequence of Obama's immigration policy, then,   is the increasing population of those,  within our borders,  who must depend on government assistance,  and now you all know,  why I think this man is an absolutely buffoon when it comes to corporate leadership.  

A word of correction/caution:  The Right,  far too often,  puts out that "all jobs created by Obama went to the immigrant population."    Go here,  for an example.  Also know that Rick Santorum is making this same claim.   

I am "Right,"  but I must tell the readership that this bit of propaganda is as wrong-headed as "wrong" can be   . . . . .   simply untrue,  on par with Obama's claim that he has created 10 million jobs.  It assumes that all of the 5.4 immigrants given work permits since Obama took office,  are working    . . .   ALL are working.  Seriously,  no one who thinks for a moment,  can believe this number,  even before available research can be revealed.  It is a silly-bordering-on-stupid claim.

Takeaway.  The takeaway of this post is rather straight forward:   it seems as if everybody is lying.   Obama can't seem to give a speech of any kind,  without offering up a lie or making use of misleading information;  but the hard Right is guilty,  far too often,  of doing the same thing.  

  

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