05.04.2012 0

Unemployment rate drop to 8.1%: delusion or manipulation?

By Bill Wilson — Obama’s idea of a recovery is when 522,000 Americans give up on getting a job, and drop out.  His claim that the unemployment rate has ‘dropped’ to 8.1 percent is either a delusion or a purposeful manipulation.  The truth is that there were 169,000 fewer Americans employed in April than in the previous month.  The truth is that there are more than 300,000 fewer Americans working today than when Obama took office.

Not shockingly, non-partisan independent groups that measure the unemployment rate like Gallup and ADP both say the unemployment rate is up, yet the Obama Administration’s counting team is continuing the charade that our nation’s unemployment rate is decreasing.

Even CNN/Money has noted that, ‘While it’s true that the unemployment rate is falling, that doesn’t include the millions of nonworking adults who aren’t even looking for a job anymore.  And hiring isn’t strong enough to keep up with population growth.’

It is literally dumbfounding that Obama and his Administration can get up with a straight face this morning and tout a drop in the unemployment rate when 169,000 fewer Americans are working.  Instead, they should be begging the people for forgiveness.

Bill Wilson is the President of Americans for Limited Government. You can follow him on Twitter at @BillWilsonALG.

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