The Unemployment Percentage Farce … Most of the Unemployed No Longer Receive Benefits

Ever wonder why the United States can only gain 80,000 jobs in a month and the national unemployment percentage can actually go down from 9.1% to 9%? Fuzzy government math of course. That and the fact that most of the individuals that are unemployed no longer receive benefits and are not counted.

From CNBC:

The jobs crisis has left so many people out of work for so long that most of America’s unemployed are no longer receiving unemployment benefits.

Early last year, 75 percent were receiving checks. The figure is now 48 percent — a shift that points to a growing crisis of long-term unemployment. Nearly one-third of America’s 14 million unemployed have had no job for a year or more.

Congress is expected to decide by year’s end whether to continue providing emergency unemployment benefits for up to 99 weeks in the hardest-hit states. If the emergency benefits expire, the proportion of the unemployed receiving aid would fall further.

The answer is not to continue to make Americans dependent upon receiving government benefits, the answer is to get government out of the way and create an environment that is conducive to business hiring. It would appear that this can only be done with Barack Obama being tossed out of office and putting a Congress in place that actually embraces capitalism.

It is obvious that Barack Obama’s policies have failed on the economy. At the job creation rate we are presently on, we will never recover. OBAMA MUST GO in 2012!!!