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June 03, 2011

Obamanomics: 9.1% UNEMPLOYMENT … ONLY 54,000 JOBS CREATED in MAY 2011

Posted in: Barack Obama,Economy,Jobs,Obamanation,Obamanomics,Unemployment


Welcome to the failed economic policies of President Barack Obama … EPIC FAILURE!!!

The May 2011 unemployment number is in and its miserable … 9.1% Unemployment. Only 54,000 jobs were crated in May 2011, far less than the 150,000 + that were expected. Barack Obama and his economic polices have been a complete and total failure. 54,000 jobs, that’s it? The economic data all week has been terrible, slow growth, poor housing numbers and the jobs picture is not any better. All this in the face of the the debt limit crisis where Moody’s is threatening to cut US credit rating score.

Stick a fork in Obama. Let’s see Obama and his mouthpiece minions try and spin this pathetic economic number as a positive. That’s it blame it on the situation is Japan. That’s why the job numbers are so poor. It couldn’t be because Obama’s economic policies have failed. It must be George W. Bush’s fault. Any thing but blame Obama.

Nonfarm payrolls increased 54,000 last month, the Labor Department said on Friday, with private employment rising 83,000, the least amount since June. Government payrolls dropped 29,000.

Economists polled by Reuters had expected payrolls to rise 150,000 and private hiring to increase 175,000 in May. The government revised employment figures for March and April to show 39,000 fewer jobs created than previously estimated.

Wait until this data is factored into Obama’s job approval numbers by “We the People”. Hey Barack, any victory lap tours planned for your failed economic polices? As reported at the HuffPo, Obama promised to House Democrats that he would not extend Bush tax cuts again. Really Mr. President? Try raising them now in the midst of economic turmoil. What will Democrats do … continue to stand in the way of job recovery and continued economic slow down? Democrats have done nothing but make the situation worse and longer than it ever needed to be. Democrats though that the 2010 elections were a “shellacking”. Wait until you see what Americans do in 2012 when Democrats fail to heed the warnings.

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