Saturday, May 5, 2012

Job Picture Gets Worse

The unemployment rate improved slightly from 8.2 to 8.1, and you can bet you last bowl of oatmeal it will be below 8 by the time of the election.   Let President Obama boast but this statistic is meaningless. What counts is job creation  and number of people at work.  Only 115,000 jobs were added in April, and fewer people are working at any time since 1983, more than a quarter of a century ago.  

The reason we have so many people out of work is because of the Obama government. As an official of the Keystone Pipeline said, one man --Obama -- is costing tens of thousand of jobs by opposing the pipeline. Regulations by the EPA and other departments discourage the creation of jobs and in  some cases force people out of work.  In addition to people who are too discouraged to continue to seek work, many are in part time jobs that pay minimum wage.  Conditions will get worse if Obama is re-elected.  Our only hope is to replace him. No one could do worse.

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