Midknight Review -- new and revised: The real unemployment rate is 10.9%. Here's why.

In 1994, 211,000 Americans (on average) were born each month of that year. They are "workforce age" as of this year. If we do not add 180,000 to 200,000 jobs each month, we are not keeping up with the population growth rate. This past month (March) we added just 120,000 jobs - not enough to keep up with an expanding work force, yet the unemployment rate declined from 8.3 to 8.2 percent.

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Such is only possible because 164,000 folks stopped looking for work and were officially dropped from the workforce in March, no longer counted as "unemployed." In fact, they are no longer counted at all.

Since Obama has come into office, we have lost 2,4 millions jobs (work positions that no longer exist) and 7.5 million workers have left the public workforce rolls. If they were counted in today's report as they were back in 2009 (they ARE alive, you know), the actual unemployment rate would be 10.9%. Lucky for Obama they have given up on him and are either living off the public dole, with their parents, or are in the underground workforce - like a couple of gardeners I know, a few carpenters, auto/cycle mechanics and so on.

Point of post: Obama's recovery plan is joke, but, matches up well with his educational background on socio/capitalist dynamics.

The Stated Nonsense from the Left now includes these Progressive goals:

July 2, 2008, Obama had this to say: "We cannot continue to rely only on our military in order to achieve the national security objectives that we've set. We've got to have a civilian national security force that's just as powerful, just as strong, just as well-funded."

MICHELLE OBAMA: "Barack knows that we are going to have to make sacrifices; we are going to have to change our conversation; we're going to have to change our traditions, our history; we're going to have to move into a different place as a nation."

“ . . . . . . they have become a generation of activists possessed with that most American of ideas – that people who love their country can change it.” -- Obama the Radical

On September 30, Van Jones told MSNBC "I think everybody should hold onto your seats. October is going to be the turning point when it comes to the progressive fight back."

Midknight Review -- new and revised

The real unemployment rate is 10.9%. Here's why.

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