Politicians, media distort economic facts

Feb. 6, 2013

By Katy Grimes

Economist California Cover

The U.S. economy lost more than 1.4 million jobs between December and January. But it’s almost impossible to find any reports in the mainstream media about this.

Instead, the media primarily have reported on reduced federal spending, as if that is enough of a balancing act. But the government has no choice but to make cuts as the United States now runs deficits of more than $1 trillion. It cannot continue.

Much of the media have been ignoring the truth about the economy, cherry-picking some factoids and telling outright falsehoods.

Shrinking labor force

According to the Bureau of Labor Statistics, the percentage of the U.S. labor force “that is employed” has continually fallen since 2006.

But it gets worse.

The number of Americans “not in the labor force” more than tripled during Barack Obama’s first term in office. This number is particularly interesting because it is larger than the increase in the number of Americans “not in the labor force” during the entire decade of 1980-1990.

The mainstream media have been giddy reporting 157,000 jobs were added to the U.S. economy in January. But it’s the “non-seasonally adjusted” numbers — the number of Americans with a job — which actually decreased by 1,446,000 between December and January, according to Michael Snyder, an economist, attorney and author of the Economic Collapse blog. These numbers are even more important.

The Bureau of Labor Statistics reports that the labor participation number has been in a free fall since 2006:

2006: 63.1 percent employed

2007: 63.0

2008: 62.2

2009: 59.3

2010: 58.5

2011: 58.4

In January, only 57.9 percent of the civilian labor force was employed.

What does this mean?

“A 1954 Studebaker Lark has more momentum than this economy!” said CNBC’s financial expert, Rick Santelli. He noted in December that the labor force participation rate has dropped significantly since Obama was elected. According to the Bureau of Labor Statistics, this means the number of Americans age 16 or older who decided not to work or even to seek a job increased by 8,332,000 to a record 88,839,000 in President Barack Obama’s first term.

“The people who run the country — on both sides of the aisle — they love to get elected and they also love to fib about the statistics in any way they can,” Santelli said. “Once again, I think my common phrase these days is: Shame on all of them.”

“Before Obama took office, the labor force participation rate had not been as low as 63.6 percent since 1981, the year President Ronald Reagan took over from President Jimmy Carter,” a time of deep recession, CNS News reported. Santelli noted in January the total debt that our children are currently charged with is $3.5 million per baby born today. Santelli is right. Instead of just listening to the media hype and spin, look at the numbers.

According to the BLS, in 2007 more than 146 million Americans were employed.  Today, that number has dropped to 141.6 million, even though our population has grown by about 15 million.

What recovery?

State, local and federal governments, together with the help of the media, report that we are in a “recovery.” They insist unemployment is lower than it was a couple of years ago.

But the truth is the continuing drop in the labor force. And during Obama’s first term the number of Americans on food stamps increased by an average of about 11,000 per day. These statistics go hand in hand.

“When Obama was inaugurated in January 2009, the number of Supplemental Assistance Nutrition Program (SNAP) recipients was 31,939,110. By October 2012, the latest month reported, they had jumped to 47,525,329,” CNS News reported. “That means the food stamp program grew by approximately 11,133 recipients per day from January 2009 to October 2012.” SNAP is formerly known as the Food Stamp program.

CNS News also reported, “[F]ederal spending on SNAP has increased every fiscal year that Obama has been in office. In FY 2009—when SNAP was still known as the ‘Food Stamp’ program—the government spent $55.6 billion. According to an April 2012 report from the Congressional Budget Office, SNAP enrollment increased by 70 percent between 2007 and 2011.”

The Obama administration, California Gov. Jerry Brown and the media have been misleading about unemployment, welfare expansion, government entitlements and the true condition of our economy. But they appear to be closely protected by much of the media.

California’s poverty rate of 23.5 percent is the highest in the nation — much higher than the national average of 16.1 percent, according to the U.S. Census Bureau.

Killing off small business

Millions of small businesses are on the verge of extinction. Yet local, state and federal bureaucrats and politicians just continue to heap more taxes and fees on them, more rules and more regulations. Just since November when President Barack Obama was re-elected, the federal government has issued hundreds of new regulations.

“Get your boot off of my neck!” says one small business owner I know every time she is forced to pay another tax increase of additional license cost or fee.

A recent Gallup poll found 61 percent of all small business owners in America are worried about the potential cost of healthcare because of Obamacare. A shocking 30 percent of all small business owners in America say they are not only not hiring, but they fear that they will go out of business within the next 12 months.

“More U.S. small-business owners say they let more employees go than they hired on average over the past 12 months, for a net hiring index of -10 in January, according to the Wells Fargo/Gallup Small Business Index,” Gallup Economy reported on Jan. 31.

Texas Governor Rick Perry recently called for returning “excess tax money” to taxpayers in his state, while California small businesses lost jobs as their taxes rose.

Yet according to the National Federation of Small Business California, small businesses account for more than 97 percent of all jobs in California.

What better way to destroy the economy than to kill off small businesses?

Spin and hype

Even bad economic news is hyped by the media as though it is good news.

In response to the news that the economy “contracted” by -0.1 percent in the final quarter of last year, Democrats touted the claim of Paul Ashworth, chief U.S. economist for Capital Economics, that it’s “the best-looking contraction in U.S. GDP you’ll ever see. The drag from defense spending and inventories is a one-off. The rest of the report is all encouraging.”

Breitbart’s John Nolte summed up the spin:

* “Politico saw the jobs numbers as something that ‘could soothe some of the renewed economic anxiety in Washington.’

* “The AP saw the jobs numbers as proof the ‘U.S. job market is proving sturdier than expected” and “mostly encouraging.’

* “CBS News wants to assure all of us that the ‘[l]atest job numbers signal economic recovery.’

* “Yahoo News says, “Don’t Be Fooled by the GDP Report: The Economy Is Gaining Strength.'”

List of bad news

Nolte made a list of the bad news far too many Americans face:

* “What you’re seeing from the media is shamelessly dishonest propaganda.

* “Poverty is increasing.

* “Gas prices have almost doubled.

* “The price of health care premiums has exploded and will only explode more (but-but-but Obama said…!)

* “Poor and middle-class incomes are falling.

* “One-in-five Americans are on food stamps.

* “The non-partisan GAO says Obama’s exploding deficit is unsustainable.

* “Eight million people are looking for work.

* “Our labor force has shrunk to 30-year levels (170,000 more dropped out last month).

* “Chronic unemployment hasn’t been this bad since before World War II.

* “The long-term unemployment rate is more than 14 percent. And if the labor force was merely the same size today as it was the day Obama took office, today’s unemployment rate would be closer to 11 percent.”

When’s the last time the media talked about any of that?

55 comments

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  1. The Modified Ted Steele Methodologies (tm)
    The Modified Ted Steele Methodologies (tm) 6 February, 2013, 08:28

    We’re doomed Katy! Doomed I tell ya!!!!!!

    The regulations! Oh the humanity—– We must obey the tea bag media and move the job creators to Texas—–it’s the only way!!!! LOL

    Doomed!!!!!!!!!!! Arghhhhhhhhhhhhhhhhhh

    Reply this comment
  2. Is socialism the way to the future?
    Is socialism the way to the future? 6 February, 2013, 08:40

    It’s interesting to see factions think that California is in trouble while others think the future is just swell. One thinks socialism is a negative and one thinks socialism is a plus.

    I guess we’re not taking enough in taxes to pay for education:

    ECONOMIST SAYS CALIFORNIA AT RISK OF LOSING ITS EDUCATIONAL ADVANTAGE

    By Timm Herdt
    Updated Tuesday, February 5, 2013

    SACRAMENTO — A senior economist with UCLA’s Anderson Forecast warned lawmakers Tuesday that California is at risk of losing what has long been one of its top economic advantages, a workforce that is better educated than those in other states…He said California still leads the nation in percentage of college-educated adults, calling that statistic “a reflection of our advantage in skills.” But Nickelsburg disclosed census data that shows the state’s advantage has disappeared among workers age 25 to 34. In that age category, the percentage of Californians with college degrees equals the national average, and the percentage of Californians with some college trails the national average.

    He predicted that development “could erode” California’s competitive advantage and lead to one of two results: Workers without college training will “leave California for Texas or some place where jobs are low-skilled and immigrants come in to take the skilled jobs, or we lose our educational advantage.

    Reply this comment
  3. Bob Smith
    Bob Smith 6 February, 2013, 08:50

    It’s widely believed that the labor force participation numbers are being deliberately manipulated to keep the unemployment percentage within politically a acceptable range. It would be well over 10% without such manipulation.

    Reply this comment
  4. jimmydeeoc
    jimmydeeoc 6 February, 2013, 10:23

    Bob – You are 100% correct.

    Teddy – Trolls should stay under a bridge, not on spending time on CWD. Better hurry back, before some “not-in-the-labor-force” vagabond takes over your prime spot.

    The parallels between California/USA and Greece have been made to the point of being tiresome. There is some validity there, but it’s a stretch.

    More accurately, I think we are rapidly becoming the UK. Fading empire, diminished influence, hollowed out manufacturing sector, a meddlesome government, and a huge underclass on the dole.

    Reply this comment
  5. BobA
    BobA 6 February, 2013, 10:27

    Bob Smith:

    It is not a belief but a fact that what’s reported is the U-3 unemployment rate and not the true unemployment U-6 rate which is much higher.

    Once your unemployment benefits run out, you are no longer counted in the U-3 rate. It doesn’t matter if you’re still unemployed. As far as the government is concerned, you do not exist.

    The U-6 rate is the real unemployment measure which is currently hovering around 15% but don’t take my word for it: go to the Bureau of Labor Statistics website and see it for yourself.

    The fact of the matter is that the number of working Americans is shrinking but the government media complex dare not report the real number because it doesn’t help president Obeyme.

    Reply this comment
  6. Ted Steele, The Decider
    Ted Steele, The Decider 6 February, 2013, 12:41

    lol— a doomers parade out here today!!

    Reply this comment
  7. Rex the Wonder Dog!
    Rex the Wonder Dog! 6 February, 2013, 15:52

    lol— a doomers parade out here today!!
    ==
    How is the San Bernardino budget doing….errrr..ooohhh…wait..thye are in BK!!!!!!!!

    Sky fell for them,

    Reply this comment
  8. Rex the Wonder Dog!
    Rex the Wonder Dog! 6 February, 2013, 15:53

    The U-6 rate is the real unemployment measure which is currently hovering around 15% but don’t take my word for it: go to the Bureau of Labor Statistics website and see it for yourself.
    ==
    The CA U-6 UE Rate was at or around 23% from 2007 until about 3 months ago, and is now at around 21%.

    Reply this comment
  9. Ted Steele, The Decider
    Ted Steele, The Decider 6 February, 2013, 16:45

    LOL San Berdoo
    Old news
    There will be a few more bk’s
    Calpers remains
    255 BILLION STRONG little buddies!
    “Bam” lol the sky is faaaaaaaaaaaaaaaaaalllllling!!!!!!!!!!!!!!!!!!!!!

    Reply this comment
  10. Donkey
    Donkey 6 February, 2013, 20:18

    Diregard the RAGWUS feeder Ted Steals on any topic that has to do with corruption and lies within the bureaucracies of government and the lefties of the media.

    Katy, I love your articles, you have passion, truth, and urgency in all your stories. The delemma we face was years in the making, free lunches at schools, food stamps, free health care, and free school, this has created socialists that know no difference, they were not raised in a society of freedom, but in a system of Free Goods. When you add the power and greed of the RAGWUS feeders on top of the people raised under the socialist system of our schools you have a majority that have no ability to see where the state is heading even when the facts are put before them.

    The RAGWUS has a stranglehold on our state, we can either move or stay and watch it implode, as my Pops always said, Money doesn’t grow on
    trees.” 🙂

    Reply this comment
  11. Rex the Wonder Dog!
    Rex the Wonder Dog! 7 February, 2013, 07:17

    Diregard the RAGWUS feeder Ted Steals on any topic that has to do with corruption and lies within the bureaucracies of government and the lefties of the media.
    ==
    Well said Donk!

    BTW, have you seen the coverage of the Bell trial??? Fatty Rizzo, Teddy’s idol, is going DOWN!

    Reply this comment
  12. Ted Steele, The Decider
    Ted Steele, The Decider 7 February, 2013, 13:24

    The ragwas invaders are coming!!! Oh my!!! The end is near!!!!!!!!

    We’re dooooooooooomed I tell ya!!!!!

    lol

    Reply this comment
  13. Ted Steele, The Decider
    Ted Steele, The Decider 7 February, 2013, 18:21

    LOL—- The guy LAPD is looking for is yet another bunker fool— look in the mirror little fella!

    LOL

    This is easy!

    0 for 14 ™!

    Reply this comment
  14. Donkey
    Donkey 7 February, 2013, 19:10

    Sorry Teddy Steals, but the RAGWUS created the “cop-on-rampage.” And I will tell you something else, when the money runs out to fund the rest of the PS RAGWUS feeders pay, perks, pensions and benefits, there will be many more Christopher Dorner’s looking for pay and prey, this is why we have the 2nd Amendment, to protect the private citizen from the nuts of RAGWUS!! 🙂

    Reply this comment
  15. Ted Steele, The Decider
    Ted Steele, The Decider 7 February, 2013, 21:14

    LOL— Duncey? Are you Glenn Beck of just another spooky tea bag Repub?

    Reply this comment
  16. Donkey
    Donkey 8 February, 2013, 06:00

    Just a free citizen pointing out the lying, cheating, immoral, thieving RAGWUS and its members.

    I understand that you have a very limited intellect Teddy, and I know you are obsessed with my intuitive insight into your secret cabal of the RAGWUS, but I have no connection to GB or the TP, all my statements are original ideas from a clear mind, not cluttered with the asininity you bring to CWD. 🙂

    Reply this comment
  17. BobA
    BobA 8 February, 2013, 08:43

    The media doesn’t distort the facts: they don’t report the facts. They dumb down the news by turning it into “infotainment” in order to appeal to low information/low IQ morons like Teddy.

    People like him get a headache and lose interest when you tell them the facts.

    Reply this comment
  18. Ted Steele, The Decider
    Ted Steele, The Decider 8 February, 2013, 09:08

    “secret cabal of ragwas…” lol———- You fit right in here with all the repub-baggers——lol———-i hope u get cable in the bunker!

    Reply this comment
  19. Donkey
    Donkey 8 February, 2013, 10:48

    BobA, you know and understand Ted Steals well my friend!! 🙂

    Reply this comment
  20. Ted Steele, The Decider
    Ted Steele, The Decider 8 February, 2013, 11:49

    Duncey— BobA is a genius tea bagger! We have spared many times. He’s dreamy. But he does not “fully” understand what you and I know about the secret cabal of ragwas iluminati ™, does he?

    Teddy S.

    Reply this comment
  21. Donkey
    Donkey 8 February, 2013, 11:51

    Ted Steals, the Government RAGWUS Gravy train riders always have so many excuses and always undercut their pay and benefits and production yet the problem only gets worse exponentially. Why because Government workers are uniformly LIARS and cheats always looking for the easy route at the taxpayers expense.

    YOU, like Chistopher Dorner, are the the ENEMY of America stinking lazy gravy train riding theives. The RAGWUS greed is nutty at best, and I say they crossed the absurd line when they demanded 3%@30, COLA’s, and the DROP Program. By acting as they do they have lost the moral and legal right to expect taxpayers to be their guarantors. 🙂

    Reply this comment
  22. Ted Steele, The Decider
    Ted Steele, The Decider 8 February, 2013, 13:11

    Yes– it’s true Duncey——You have us!!!! And as we like to say at the cabal meetings…”we control the means of production”!

    Damn! I wish you were not so smart! You sir are our only weak point! You have us nailed!! Double damn and curses! The end is near!!!! 5%@40!!!! Colas, breakfast in bed, free internet! Yes– we want it all!!!!

    Our only bright spot is that since you are such an obvious fruitcake—so far—-your message of doom has remained unheeded by the general public! Please stay loony!

    Teddy S.

    Reply this comment
  23. C.J.
    C.J. 8 February, 2013, 13:58

    It was recently reported that a wonderful Silicon Valley “green” energy company went to Mexico, hired and then transported Mexcian welders to company HQ. These workers were paid than paid less than $3.00 and hour (in Mexican pesos!!!). The fine for this egregious violation of America’s labor laws?
    Less than $100,000.
    The sad fact is that America’s “leaders,” at all levels of society, have repudiated their American-ness and have embraced a Third World/Machiaveliian approach to doing business.
    With “friends” like these, America doesn’t need enemies.

    Reply this comment
  24. C.J.
    C.J. 8 February, 2013, 14:14

    The simple fact is that employment numbers come out monthly, while unemployment numbers come out weekly. (Gee, I wonder why?)
    So, for instance, in December 2012, employment rose by 155,000 jobs.
    In stark contrast is the December 2012 unemployment figures = over 350,000 PER WEEK = more than 1,400,000 NEW unemployed.
    So let’s do what Uncle Sam refuses to do and put the numbers side by side…
    1,400,000 unemployed vs. 155,000 unemployed…
    HELLO!?!?!!!!
    Almost 10:1 ratio!!!
    Please notice that NO ONE in Big Media makes this simple omparison of apples to apples. Instead, they insist on an apples-to-oranges comparison that, of course, benefits the Statist Quo.
    ANYONE who speaks of a “recovery” is either a fool, a charlatan, or a card-carrying member of the government-media complex.

    Reply this comment
  25. Donkey
    Donkey 8 February, 2013, 18:54

    Yes Ted Steals your greed knows no bounds, but you will have your Greece day little man, and the private sector will rejoice. 🙂

    Reply this comment
  26. Rex the Wonder Dog!
    Rex the Wonder Dog! 8 February, 2013, 20:46

    Ted Steele, The Decider says:
    Duncey— BobA is a genius tea bagger! We have spared many times.

    You have “spared” many tiimes?????

    I love to “spare”, buy only if I dont get a “strike”, or a “split” 😉

    Teddy, another idiot comment.

    Reply this comment
  27. BobA
    BobA 8 February, 2013, 21:19

    Donkey:

    Teddy is either on smart feller or a fart smeller. The preponderance of evidence suggests that the latter is true.

    Regard him as nothing more than an annoying fly buzzing around the rump of progress looking for a treat.

    Reply this comment
  28. Ted Steele, The Decider
    Ted Steele, The Decider 8 February, 2013, 21:24

    MMMMMM——– I LOVE that you little teabaggers ™ mention me in at least 3 of every 5 posts!

    we’re dooooooooooooomed!

    Reply this comment
  29. SeeSaw
    SeeSaw 8 February, 2013, 22:42

    I bet Katy knows how lucky she is to have commenters with the composure and decency of Donkey and BobA on her blog. Comparing public workers with the one being hunted right now, Donkey–that was one classy statement, on your part.

    Reply this comment
  30. Donkey
    Donkey 9 February, 2013, 06:54

    Katy knows where the state is heading SeeSaw, and she knows that people with the mindset you cling to are the problem. Your comrade Ted Steals brought up Chris Dorner my dear, and just like a good follower of the RAGWUS you twist the truth to make it seem as if the honest folk are the one with bad behavior. And by the way, Chris Dorner is a lefty after Teddy’s own heart. 🙂

    Reply this comment
  31. Ted Steele, The Decider
    Ted Steele, The Decider 9 February, 2013, 10:06

    Duncey— The point of the Dorner analogue is that he is a whack job who lives in a bunker—–get it? Its an analogue to your paranoid, sniveling, ignorant, post/rants.

    Your mantra of attacks on the public workers remain childlike and dim. You never leave the rant paradigm. You are a wonderful CWD poster — you fit in well.

    Reply this comment
  32. Donkey
    Donkey 9 February, 2013, 11:07

    Teddy Steals, you are the poster child for for the dishonest, lying, feral RAGWUS member. Your sense of entitlement to the pay, perks, pensions and benefits you steal is beyond the mindset of royalty. The majority of citizens will, at some point, realize what your cabal has been up to and swiftly bring it to a timely death. 🙂

    Reply this comment
  33. Ted Steele, The Decider
    Ted Steele, The Decider 9 February, 2013, 17:29

    Duncey—- poor Duncey………I am not employed in the public sector— I did 10 years there a looooong time ago little buddy! But I know that your limited pov requires fantasy. Sell your dull-normal doom scene elsewhere sleepy troll!

    lol

    Hurry!!!! We’re Dooooooooooooooooooooomed!!!!!!

    Reply this comment
  34. BobA
    BobA 9 February, 2013, 18:27

    SeeSaw:

    Except for that lowbrow imbecile Teddy, I never take a cheap shots at anyone which you seem to be inferring that I do. I assure that nothing could be further from the truth. Doing so would impeach my credibility.

    Reply this comment
  35. Donkey
    Donkey 9 February, 2013, 18:40

    Teddy Steals, you are a RAGWUS feeder for sure, your claims to the contrary are but another lie put forth by a feral public parasite. The only folks defending the status quo of the RAGWUS are feeders, so look in mirrior little buddy and be honest with your greedy self. 🙂

    Reply this comment
  36. SeeSaw
    SeeSaw 9 February, 2013, 19:10

    BobA and Donkey, you insult anyone who disagrees with you. I bet if the truth were known, Ted would make you two look like intellectual midgets beside him/her.

    Reply this comment
  37. SeeSaw
    SeeSaw 9 February, 2013, 19:17

    Don’t you dare put that one being hunted in any category with me or any other public sector worker, Donkey! That person is a psychopathic killer. If you proceed with such comparisons, your commentary should not be allowed on any comment forum.

    Reply this comment
  38. Donkey
    Donkey 9 February, 2013, 21:00

    SeeSaw, your compadre Ted Steals used your fellow lefty RAGWUS member Cris Dorner originally, so don’t get all high and mighty about who stands on hallowed ground my dear. It is common practice among the RAGWUS propaganda circles to twist the truth and lie about a persons intentions, as you are doing and as you did using your biggoted term “redneck” to discribe Southren people. All you are hoping for is silence from the truth, but it will not happen.

    I have read plenty of Ted Steals works, he has no hold over
    BobA, Rex or I when it comes to itellect, that is clear, but not not to you. 🙂

    Reply this comment
  39. Rex the Wonder Dog!
    Rex the Wonder Dog! 9 February, 2013, 21:21

    Ted Steele, The Decider says:
    Duncey— The point of the Dorner analogue is that he is a whack job who lives in a bunker—–get it?
    ==
    Bonehead Teddy, Dornan was railroaded by the LAPD, and even though he KILLED 3 people in cold blood the general public is still more pissed at the LAPD than him, what does that tell you???…. you trough feeding low life pond scum blood sucking leech 🙂

    Reply this comment
  40. Rex the Wonder Dog!
    Rex the Wonder Dog! 9 February, 2013, 21:21

    And I mean that in a good way 😉

    Reply this comment
  41. Ted Steele, The Decider
    Ted Steele, The Decider 9 February, 2013, 22:36

    Duncey wrote–

    ‘I have read plenty of Ted Steals works, he has no hold over
    BobA, Rex or I when it comes to itellect, that is clear, but not not to you.’

    LOL Poor Duncey! God bless you little fellas I think you’re on to something! The public is ok with the cop killer?? LOL– you guys have your stubby little fingers on the pulse of the people!!

    “Not-not” to your “itellect” too!!!

    Reply this comment
  42. Donkey
    Donkey 9 February, 2013, 23:10

    Typical of most RAGWUS bureaucrats, Steals argument is a non-placed letter, so clever and quick little man. He can’t justify the thieving, lying, and immorality of his cabal of feral children of the corn, so he looks away, hoping the curtain will remain closed. Look-out the hammer is coming down on your cabal Steals! 🙂

    Reply this comment
  43. Rex the Wonder Dog!
    Rex the Wonder Dog! 10 February, 2013, 00:22

    Teddy was abused by the priests at his church I think, that is the only thing that can explain his lunacy 😉

    Reply this comment
  44. Ted Steele, The Decider
    Ted Steele, The Decider 10 February, 2013, 09:14

    The cabal of the feral must go on so that we control the means of production!!!

    LOL

    The end is near!!!!!!!!

    Reply this comment
  45. Rex the Wonder Dog!
    Rex the Wonder Dog! 10 February, 2013, 09:39

    **Yawn**

    Reply this comment
  46. Douglas
    Douglas 10 February, 2013, 09:56

    Teddy,

    You’re just having too too much fun.

    Personally, I would have said that this article is a prime example of…..”media” distorting economic facts.

    Nothing like ignoring the difference between monthly employment numbers and seasonally adjusted numbers.

    According to the link in the article, 1.67 million jobs were created in 2012. Perhaps more would be better, but that is way better than losing a million jobs a year as we have in the past.

    According to the article: “in 2007 more than 146 million Americans were employed. Today, that number has dropped to 141.6 million”

    OR: As the glass half full people say, from 2007 to 2010, employment fell by 6.98 million, and since 2010, we have recovered 3.4 million of those jobs.

    Both those stats came from the SAME BLS TABLES (thanks for the link, Katy) but the first statement implies we are in a death spiral. The second statement looks like we were in a major (as in world-wide) recession and are now slowly recovering. You be the judge.
    —————-
    “Gas prices have almost doubled.”

    In June, 2008, gas prices were over $4 a gallon. They dropped to less than $2 when the bottom dropped out of the stock market. Now they are returning to near $4 again. It looks like “gas prices have doubled” is…..media distorting facts.
    ———————–

    “California’s poverty rate is 23.5%”

    The “official” poverty rate is 16.3% (three year average) 23.5% is the Supplemental Poverty Measure meant to measure the effects of regional living costs and the availability of government programs:
    “As a whole, the safety net is holding many people up, while California is struggling more because it’s relatively harder there to qualify for food stamps and other benefits.”… University of Wisconsin-Madison economist Timothy Smeeding

    Looks like there is distortion one both sides of this issue. Bottom line, we are way better off now than we were four years ago.

    Reply this comment
  47. Rex the Wonder Dog!
    Rex the Wonder Dog! 10 February, 2013, 10:53

    Bottom line, we are way better off now than we were four years ago.
    ==
    Bottom line we are FAR WAORSE off than we were 6 years ago 😉

    Reply this comment
  48. Rex the Wonder Dog!
    Rex the Wonder Dog! 10 February, 2013, 10:55

    BTW Teddy and Dougie- this one is for you two cowns who think we are doing as good today;

    Reply this comment
  49. Douglas
    Douglas 10 February, 2013, 11:27

    Somebody may be WAORSE off, but we two cowns are doing fine.

    Nice clip. Was that an ad for High Speed Rail?

    “We used to build things!~”

    Reply this comment
  50. Donkey
    Donkey 10 February, 2013, 14:47

    Rex Ted is one of the priests that taught Jerry Brown, and worked him good!! 🙂

    Reply this comment
  51. Donkey
    Donkey 10 February, 2013, 14:51

    Douglas, “eyeamok says:

    February 8, 2013 at 4:52 am

    There has been zero or negative growth for longer than 23 years, There is NOT A SINGLE quarter since 1981 that has any Real Econoimc Growth if you SUBTRACT Government Deficit Spending. 0 got it, 0 got it. This is absolute and CANNOT BE REFUTED.”

    You need to come out of your RAGWUS box and look around. 🙂

    Reply this comment
  52. Rex the Wonder Dog!
    Rex the Wonder Dog! 10 February, 2013, 18:51

    Nice clip. Was that an ad for High Speed Rail?

    “We used to build things!~
    ===

    We don’t have High Speed Rail, we have Slow Speed FAIL.

    Go home Dougie, this is the playground for the Big Dogs, not the Lil Chihuahuas like you and Teddy!!! 😉

    Reply this comment
  53. BobA
    BobA 11 February, 2013, 08:38

    SeeSaw:

    You’re entitled to your opinion and I’m entitled to ignore it. If a moron like Teddy is your benchmark for intelligence then that says more about you and your low standards for intelligence.

    Reply this comment
  54. Ted Steele, The Decider
    Ted Steele, The Decider 11 February, 2013, 10:03

    BobA— I sense alot of anger in you. What do you have to be so angry about? Has life passed you by? Not earn enough? Family issues? Personality disorder?– something. Your constant negative view must be informed by something other that current events because so many of us see the glass as half full. Have you considered talking to someone?

    Reply this comment

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