Shots Across the Bow

This morning, I heard on the radio that the Obama Administration is claiming that their policies have saved or created 1 million jobs. I thought to myself, "Self, that can't be right. I know that unemployment has been going up and that jobs are disappearing right and left. Surely the White House wouldn't be stupid enough to believe that Americans wouldn't notice a lie this big!"

I was wrong. They are that stupid. (Notice I'm linking to NPR, to avoid any claims of right wing bias of my source.)

White House economists said Thursday the Obama administration's recovery efforts have saved or created more than one million jobs so far.

Now this a couple of paragraphs later:

The report is certain to draw criticism because the U.S. economy has actually lost about 2.5 million jobs since the stimulus was signed in February. Because the White House number is based on economic models, it's impossible to say for certain what that number would have been without the stimulus.

We've lost 2.5 million jobs since the stimulus was signed, yet the White House claims that if they hadn't acted, we would have lost another 1 million jobs. NPR says the truth of this claim is hard to judge because it is based on economic models. IN other words, instead of relying on real world fact6ual data, the Obama Administration prefers to guess. So let's see how well they guess. The next graph, from Innocent Bystanders, shows a comparison of the Obama Administration's economic forecasts predicting the effects of their stimulus package to the actual unemployment rate, as published by the Bureau of Labor Statistics.



Notice that real unemployment data shows almost no relation to the projections made by the Obama team. Also notice that the point of inflection, where the rate of job losses begins to slow, occurs in the 2nd quarter of 2009, the same time it would have occured in the Obama team's projections if there were no stimulus package. Also notice that the slope of the unemployment data continues to mirror that of the projections without the Stimulus, not the projection of the effects of the stimulus package. Most importantly, notice that the Obama projection has unemployment peaking at just under 8%. According to the BLS, we're at 9.7%

14.9 million people out of work, 2.5 million of them since the stimulus package was signed, and this joker claims to have created a million jobs. He really thinks you are stupid enough to believe this lie.

Is he right?

Just how stupid are you?

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The Bureau of Labor Statistics statics show that the amount of unemployment decreases terribly . sure he will ran through the unemployment problem.

This is just alarming! I voted for Obama hoping there will be a beneficial change in terms of economic crisis that recently hit us. And now the stats are showing that I made the wrong decision :(

A conversation last week with South Korea's president apparently showed President Obama the stark difference between how Asian nations and the United States value education.

Obama said Monday that the U.S. needs to restore the nation's leadership in educating children in math and science to meet future challenges, and he announced a new Educate to Innovate celtic jewelry Campaign.

He told how President Lee Myung-bak explained that demanding parents are South Korea's biggest education problem.

"Even if somebody is dirt poor, they are insisting that their kids are getting the best education," Obama recalled the conversation, sounding almost whimsical in describing Lee's biggest education problem as parents wanting excellent schools for their children.

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