OBAMA'S LIES ABOUT THE ECONOMY ONLY FOOL HIS DUMB MASSES

Last Wednesday, the Bureau of Economic Analysis’ advance gross domestic product estimate showed a "glacial" 0.1% growth pace in the first quarter of 2014. While most economists and investors are writing-off the slowdown as weather related, this was far weaker than anticipated.  The Obama liars however heralded this as a great event to their dumb masses.

On top of that, despite 1 million workers giving up and falling out of the job market, the Obama liars reported that the U.S. added 288,000 nonfarm jobs in April, according to the Bureau of Labor Statistics, and that the unemployment rate fell to 6.3%...which is the government manipulated U-4 labor underutilization number.  Did someone at BLS forget to lock their doors and let Odumbo sneak in one night to get at their computers again?

The U-6 Total Unemployed number includes those in the U-4 figure, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force.  This figure shows the true reality of the unemployment rate and is 11.8%.  In other words it includes even those workers who gave up looking for a job and are just sitting home collecting disability and/or welfare.

NOTE: Persons marginally attached to the labor force are those who currently are neither working nor looking for work but indicate that they want and are available for a job and have looked for work sometime in the past 12 months. Discouraged workers, a subset of the marginally attached, have given a job-market related reason for not currently looking for work.

So don't let the Obama liars in the media fool you into thinking that the economy is on the upswing.  It is ridiculous to assume things are going well when the jobs gain for April is greatly offset by the number of those giving up and dropping out of the job market; also when the growth rate of the economy is only 0.1%, only the Obama dumb masses could believe that he is finally improving the economy.
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