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Author: BlueGrits Big gold star, 5000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 2022214  
Subject: Re: Facts--You HAVE To Believe 7.8% Date: 10/7/2012 12:26 PM
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CC is cc'ing Rightie talking points again without regard for facts?

The jobless rate fell in September to 7.8% from 8.1%, though the economy created only 114,000 new jobs, and some of our conservative friends smell a bureaucratic rat so close to Election Day.

Maybe they smell rats because of the company they keep? As I pointed out yet again in this thread, Business Insider had already predicted the drop in unemployment based on trending economic indicators.

In 2004, they were lambasting George W. Bush for a September jobless rate that was 5.4%.

Nope -- you made that up. 5.4% is within spitting distance of what's generally held to be "full employment". (Depending on who you talk to, that number seems to be generally around 3.x%.)

Everyone says the numbers aren't what they should be, but at least now we're creating jobs each month rather than hemorrhaging jobs like Republicans.
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