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Rick Perry: 'Unemployment rate is a sham'

rick perry

Potential presidential candidate Rick Perry dismissed the significant jobs gains under President Obama, telling a conservative group on Friday: "The unemployment rate is a sham."

Option:

Steve Bowlus

But the number wasn't so bad a couple years ago when Perry was running for office - you know, when he was crowing about how Texas unemployment was down.  The number generally quoted (U2 or U3, I believe) is used because that is the number most people are familiar with.  Perry isn't smart enough to know that what he wants to use as the "right" number -  because it makes Obama look bad - is U5 or U6, which is also compiled by BLS.

  But most folks don't use it because no one has comparables for it.

I guess I could have truncated that last sentence to "Perry isn't smart enough."

huffingtonpost.com

 

Investors slim down Weight Watchers, J.C. Penney collapses as Monster Energy explodes

Opinion:

shawn 

Wait till the end of the day before you say JCP collapsed. 26 (right now) is no big deal. Was down but others see the big value in this company instead of the haters, or wanna be journalist.

finance.yahoo.com

US economic growth in Q4 revised down to 2.2 percent

The U.S. economy slowed more sharply in the final three months of the year than initial estimates, reflecting weaker business stockpiling and a bigger trade deficit.

Opinion:

Rust Brown

Look at statistics. Since 1976 our GDP growth rate was dropping down steadily. The US economy is in deep crisis which is (unfortunately) not connected to Obama's action. Blame banks and filthy moneybags for deceiving the country.

washingtonpost.com

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