Punching Stupid and Evil in the Face Since 1986!

"We are on strike, we the men of the mind. We are on strike against self-immolation. We are on strike against the creed of unearned rewards and unrewarded duties."-John Galt

Wednesday, September 5, 2012

That 4.5 million "new jobs created" lie.......lets FACT CHECK that!

Once again the Dems are using "facts" to create a completely false figure at the DNC this year. One of the main themes of the night is the 4.5 million new jobs that have been created under this Administration. Fortunately, you don't even have to be good at math to identify this lie. With unemployment over 8% for the majority of this Administration and the highest unemployment rate we have seen since the great depression, we are not fooled by these silly claims.

Thank goodness CNN.com was able to take it even further and show not only is that figure itself completely bogus-net job creation under Obama has been a measly 300,000 throughout the entire term of his Presidency-but that the jobs we lost are gone.
Nonfarm private payrolls hit a post-recession low of 106.8 million that month, according to the U.S. Bureau of Labor Statistics. The figure currently stands at 111.3 million as of July.
While that is indeed a gain of 4.5 million, it's only a net gain of 300,000 over the course of the Obama administration to date. The private jobs figure stood at 111 million in January 2009, the month Obama took office.
And total nonfarm payrolls, including government workers, are down from 133.6 million workers at the beginning of 2009 to 133.2 million in July 2012. There's been a net loss of nearly 1 million public-sector jobs since Obama took office, despite a surge in temporary hiring for the 2010 census.
Meanwhile, the jobs that have come back aren't the same ones that were lost.
Sorry kids, this is just another lie in an attempt to paint one of the worst Administrations in history in a better light. I'd say they better come up with a new song-sheet to sign by if they want any hope of getting this President re-elected.