tom barry, on 04 February 2012 - 03:13 AM, said:
Sparrow, Hmmm.
Numbers released today stated that 225,000/250,000 NEW jobs were created in(I believe) 1/2012.
U-R @ 8.3 %.
Gettin' close to being UNDER the magic 8% aye Sparrow ?
By Nov. 2012, Even with this Brutal economy, things will be looking fairly decent.
I forgot. Doesn't something significant happen in 11/2012 ??
Hmmm.

8.3% is abysmal! The economy sucks. Their is no :Magic" 8% when it's been at 6% and below most of my lifetime. Also, when 1.5 Million people give up even looking for a job it skews the rate downward.
Reagan who got handed the abortion Jimmy Carter created had unemployment numbers that were mid 7% at this point in his first term. Reagan at the same point in his term had a GDP growing at a rate of 7.5% annually versus the 2.4% now. Reagan LOWERED tax rates and raised revenue! Debt to GDP was in the acceptable 50% range not the 100.3% it is today.
225K in new jobs is nice. Problem is that in order to get back just to where we were at the beginning of the recession we need to create nearly 400K new jobs per month.
As Pitchman Ron Popeil says, "But Wait, there's more"
Whole Article HERE
Selected snippets below.
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As Piegza and others have pointed out, the 243,000 jobs that were reported aren’t enough to keep up with the number of people joining the labor force, yet alone, those who have lost their jobs.
“People should take it with a grain of salt,” Scott Brown, an economist with Raymond James and Associates of Saint Petersburg, FL, also told Reuters “since they are January figures and subject to revisions. We also had some unusually mild weather.”
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Instead of the historic rate of 65.8 percent participation in the workforce, we are now at 63.7 percent. That means that we are literally years away from replacing jobs that we’ve lost since Obama became president.
Quote
the 243,000 jobs that were reported aren’t enough to keep up with the number of people joining the labor force, yet alone, those who have lost their jobs.
By any measure Barack Obama is an epic FAILURE. To call him a Putz would be an insult to putz's everywhere.