RSSMEDIA BIAS: Chris Matthews Says Unemployment Was Well Past 10% When Obama Took Office, Um Sorry Tingles, It Was Only 7.8%
More MSM Bias and lies …
Chris “Tingle Up My Leg” Matthews continues the MSM propaganda for Barack Obama and continues to spew a false narrative of actual facts that existed prior to Obama coming into office. Matthews stated that the unemployment rate was over 10% and skyrocketing. Really, over 10%? Interestingly enough the facts show that the unemployment rate was 7.8% when he took office. Actually, this was the lowest that the unemployment rate has been during the Obama Presidency as we have had 43+ months at +8%, event though Obama and his minions promised it would go below 8% after passing his trillion dollar, not shovel ready stimulus.
“When your guy left town, Dubya – who nobody asked him to come back by the way at the Republican convention – unemployment was well past ten percent and skyrocketing.”
Matthews stated that the unemployment rate was over 10% and skyrocketing when his Obamamessiah took office. That is just a false statement and intended lie to put forth to the American people to deceive them. According to the US Labor Department the unemployment rate was 7.8%. So why would Tingles feel the need to lie? Obviously, the MSM has to aid Obama to get reelected despite Obama’s terrible economic record and failed policies to help create job growth in America.
Question, how does NBC allow such a statement by Matthews to be put forth and not responded to as false? Of course this is coming from a news network that allowed the doctored and edited tape to be put forth of the George Zimmerman 911 call. But when the skewing of the news and out right lies benefit Obama, mums the word. The Lonely Conservative has more from MSNBC MSU news.
UPDATE I: However, as reported at ZeroHedge.com the real Unemployment Rate hits 11.7% as spread between the reported and propaganda data hits record.
Today’s reported unemployment rate: 8.1%. The reason: the labor “participation” dropped to a 31 year low 63.5% as reported earlier. Of course, this number is pure propaganda, and makes no sense for one simple reason: despite the economic collapse started in December 2007, the US civilian non-institutional population since then has grown by 186,000 people every month on average hitting an all time high of 243,566,000 in August. These people need a job, and the traditional shorthand is that at least 100,000 jobs have the be generated every month for the unemployment rate to merely stay flat, let along improve. So what does one get when one uses the long-term average of the past 30 or so years which happens to be 65.8%? One gets an unemployment number that is 45% higher than the reported 8.1%, or 11.7%.
Posted September 23, 2012 by Scared Monkeys 2012 Elections, Barack Obama, Chris Matthews, Economy, Epic Fail, Media Bias, MSNBC, NBC, Obamanation, Obamanomics, Obamatax, Presidential Election, Stimulus Bill, The Lying King, Unemployment, WTF, You Tube - VIDEO | 8 comments |
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8 Responses to “MEDIA BIAS: Chris Matthews Says Unemployment Was Well Past 10% When Obama Took Office, Um Sorry Tingles, It Was Only 7.8%”
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The number ’8%’ is a rigged number for unemployment.
Considering the original workforce (number of people
able and willing) has been decimated, the real number
could be as high as 17% or more. Feeding us fancy
bookkeeping is a crime not a joke! Total dependency
on the government amounts to totalitarianism IMHO.
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SM: You would be correct, I have added an update from Zero hedge addressing that issue. From just what Tingles is saying, I am only referring to the reported, manipulated unemployment number, not what the real is.
R
This man has lost all credibility. After 9/11/01 I would watch his show sometimes but he has fallen so low I’m surprised he’s still on TV. But then again MSNBC also has Al Sharpton.
That chart is a very good thing for people to see. Its story needs to be told often.
For example: The 7.8% UE rate upon taking office (as you mention) and the stimulus passed several weeks later (2-19-09). The chart shows that UE was already above the 8% estimate (given by the economic team in January) at the time the stimulus passed. How is it possible to believe that the just passed stimulus will keep UE below the current rate????? You would need a time machine to go back to a time before it reached 8%!!
You can also look at the curve. We were losing massive jobs since the recession began under Bush (very steep rise in UE). At some point, the job losses slowed down and finally peaked. The only change that had taken place was the stimulus, which by all accounts is shown to be having a positive effect. After about 10-12 months with UE still high, but stable, it began to start coming down. Comparing the change from the peak in Oct 2010 until Jan 2012 shows a steeper UE decline than the recovery during the Bush years on the chart (the line has a steeper average drop). In fact the nearly three years after the peak shows about a 2 pt. drop for Obama, while the Bush recovery never reaches a 2 pt. drop in 4 years.
Yes, this is a great picture regarding UE, and it tells an interesting story.
BTW, Mathews did misquote the UE figures. It may have been malicious, but it also might have been an honest mistake. I’m not sure how we’ll ever know which it was.
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SM: It shows that unemployment has been above 8% for the entire Obama presidency and that the MSM are nothing more than in the tank Obama propagandist liars. Add Obama to that list as well.
You’re correct. it does show that. It also provides information that helps explain why that is the case.
The hole created by the recession was second only to the great depression, and reached its peak 9 months into this administration. No serious read of this history would consider the situation before Oct 2009 as Obama’s responsibility.
Coming out of that hole would also be treated seriously by history, with a prolonged recovery path not out of the ordinary. Therefore, a historical read of our current situation and the time UE has been below 8% is largely driven by beginning circumstances. No serious historic review would discuss this topic and not include its origins and recovery pattern as related to past similar events.
An aspect all to often not discussed is how the Congress treated the American recession, and what actions it took to address this serious economic downturn. Comparisons to past recessions would of course be made, and how Congress lived up to its role in improving Americans lives.
The facts of this period in our recent history are numerous and offer significant insight and support for a compelling narrative. As always, real analysis will produce answers more complex than a sound bite or talking point can handle.
CHRISSY MATTHEWS, THE GAY TINGLER.
Agree with #2.
Funny how RK only seems to value charts and polls with bogus or over/under inflated info about the Messiah he worships.
Pathetic.
#5 – That is complete nonsense. The only chart being discussed here is the one from the original article; so in essence you’re calling out this blog for using a chart with “bogus or over/under inflated info.”
You are just clueless.
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SM: That would be your opinion, i believe you are being called out for all of your other convenient luv Obama polls.
LOL – and I’m an apologist!! Priceless.
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SM: Not priceless, sad.