US Lost 20,000 Jobs in Jan ’10 But the Unemployment Rate Dropped to 9.7% … Alan Greenspan confirmed on Meet the Press that Team Obama has been Cooking the Books.
Last Friday it was reported that the United States lost another 20,000 jobs in the month of January 2010; however, some how with no job creation the unemployment number in the United Sates went from 10% from the previous month down to 9.7%. One might ask exactly how that is possible.
From Judith Apter Klinghoffer at History News Network via The Gateway Pundit comes a possible explanation, today on ‘Meet the Press,’ Alan Greenspan confirmed that Team Obama has been cooking the books.
We all blinked furiously when we read the government’s claim that the number of unemployed rose in January by 20,000 but the unemployment rate fell from 10% to 9.7%. Somebody has obviously been cooking the numbers in a most ingenious manner. On Meet the press, Alan Greenspan explains the absurdity thus:
MR. GREGORY: Dr. Greenspan, one more question about jobs. So you think that unemployment rate goes up again before it comes down?
MR. GREENSPAN: I’m not sure. One of the reasons is the official data on unemployment is a sample and it fluctuates, and–as we observed in, in the January report. If you literally took it seriously as to the exact numbers, there were 784,000 job increase in January. Now, that didn’t happen. And so that what we can expect is a backing and filling. I think we’re going to stay at approximately the 9 to 10 percent level here for a goodly part of the rest of this year with the sole exception of that period when they start to hire a very large number of census workers. Remember, this is the decennial census.
MR. GREGORY: Right.
MR. GREENSPAN: And that’s going to have some positive effect. But it’s very difficult to make the case that unemployment is coming down anytime soon.
Posted February 7, 2010 by Scared Monkeys
Barack Obama, Economy, Unemployment | 8 comments
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8 Responses to “US Lost 20,000 Jobs in Jan ’10 But the Unemployment Rate Dropped to 9.7% … Alan Greenspan confirmed on Meet the Press that Team Obama has been Cooking the Books.”
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Geeeez he can’t even F#&K UP Right !!!
Without TRUTH you get no TRUST! I just did my own analysis of the economy. Its getting worse!
I see businesses all around me closing.
Pres. Obama and his minions LIE, when will the Dummycraps admit it. The man is a liar and he has been lifted up by Media Hype.
Cooking the books is normal for progressives in government. That is the only way they can claim any success.
The real unemployment rate is somewhere around 18 to 20 per cent.
Wait until the commercial real estate market tanks like the single family housing has done. This is coming soon.
This will continue under this administration until the Democrats no longer control congress and the people can elect a conservative congress.
Did the workers go back to Mexico?
Looks like the guys that count jobs “created” or “saved” have now been tasked with counting unemployment. I think they’ve employed some of the global warming mathematicians too.
Obama & his Administration “cooking the books” and unemployment figures? Shocker? Not. We’ve been saying that on here for months and months.
Every party out of the White House puts a certain spin on things, but this is beyond outrageousness and looking into the faces of Americans and continuing to lie and push an unpopular and unneeded or UNWANTED political agenda. Thing is, what is it going to take before the rest of America gets behind the movement and demands removal of these turkeys from office? Raise your voices, and make everything count by voting their asses out!
Just like it has also been predicted on here— the One…is done. Too bad we have to wait 3 more years.
Greenspan…wasn’t he in charge before the meltdown (financialy)?