Filed under: Capitalism, Democrat Corruption, Domestic Policy, Economy, National Security, Politics, Progressivism, The United States, Unemployment | Tags: Lies and Political Spin, President Barack Obama, Unemployment Numbers
Fewer native-born Americans in the United States have jobs now than were employed in November 2007, in spite of a growth in the working-age population of 11 million.
What? I thought the unemployment rate was down to 5.6 percent. Isn’t that supposed to be a good number? Obama just said we had “the fastest economic growth in over a decade.”
“Unemployment is at its lowest since 2008, the stock market is surging and a host of other economic indicators show the U.S. is making a comeback—a comeback Obama is flaunting and taking credit for more and more as he embarks on the fourth quarter of his presidency and looks to define his legacy,” that’s from CNN.
In November 2014, one in every five U.S. jobs was held by a foreign-born worker, up from one-in-six jobs was held by a foreign born worker the previous year.
The 5.6 unemployment figure is a result of the way the Department of Labor calculates the number. The BLS does not count someone as unemployed if they gave up looking after four weeks of fruitless searching. If a worker performs one hour of work a week and gets paid a minimum of $20 —that worker does not count among their number of unemployed workers.
These numbers are from Jim Clifton, the Chairman and CEO at Gallup. He adds that if an American works part-time, but seeks full time employment, that worker does not count as unemployed. He uses the example of someone who has a degree in math or chemistry but can only find part-time work because that job is all that’s available.
Clifton emphasizes: “There is no other way to say this. The official unemployment rate which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.” He notes “Gallup defines a good job as 30+ hours per week for an organization that prov ides a regular paycheck. Right now, the U.S. is delivering at a staggeringly low rate of 44% — which is the number of full-time jobs as a percent of the adult population, 18 years and older.”
“All of the net gain in employment since 2007 has gone to immigrants (legal and illegal)…Native [age 16 to 65] employment has not returned to pre-recession levels” said a December 19 statement from the Center for Immigration Studies (CIS).
On Nov. 20, President Obama announced that he would provide (by executive order) work permits to five million illegal immigrants in this country.He has also given work permits to at least 50,000 Central American migrants who crossed the border in 2014.
Overall, Obama has announced plans to give work permits to an extra six million migrants, in addition to the roughly eight million legal migrants that will arrive during his eight years in the White House. That adds up to almost one new foreign worker for every two Americans who turn 18.
Even Presidential Budgets that are dead-on-arrival can be useful. This year’s budget proposal is deeply flawed and risky. With the world situation today, the Middle East in flames, Russia becoming more aggressive, China building up their military — why would the administration suggest that the U.S can get by in the coming decade with a defense budget less than half of the historical average?
“I am very confident that America is stronger, more prosperous, safer, and more influential today that it was when I took office,” Obama said.
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