J
JAMESBJOHNSON
Guest
Obama and the media are doing high fives and running victory laps over the jobs report yesterday.
163,000 jobs! WOW!
But unemployment went UP. How can that be?
Simple. 163,000 doesnt come close to meeting the need. We need about 250K to take care of population growth, illegals, etc. So it looks like we were 87,000 jobs short.
Think of it another way. Your cruise ship is sinking, the ship has lifeboats for 163 people, but 250 passengers.
163,000 jobs! WOW!
But unemployment went UP. How can that be?
Simple. 163,000 doesnt come close to meeting the need. We need about 250K to take care of population growth, illegals, etc. So it looks like we were 87,000 jobs short.
Think of it another way. Your cruise ship is sinking, the ship has lifeboats for 163 people, but 250 passengers.