-By Warner Todd Huston
Jim Clifton, the CEO of the Gallup polling group, recently published a huge slam on Obama’s fake economic recover that he sharply titled, “The Big Lie: 5.6% Unemployment.” In the piece he exposes something that we conservatives have been talking about for years, namely that Obama’s unemployment figures are nothing but lies and that the low, low labor participation rate proves that we have had no increase in jobs.
His piece starts somewhat absurdly saying that even “the smartest and most educated among us” don’t know that Obama’s unemployment rate reports are “extremely misleading.”
We can quibble with that because conservatives have been pointing this out since two years after Obama came to office. But, still, it’s good that the rest of the “educated” are catching up and finally starting to understand the lies that Obama is selling as an economic recovery.
Anyway, that aside, Clifton notes that the number of jobs has not really increased at all because there are millions who have simply stopped trying to find work and are seemingly permanently jobless. This is the labor participation rate and it is shockingly dismal.
Here is how Clifton put it:
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Gallup Polling Org Rips Obama’s Fake Recovery As Jobless”