Itz News to Me

Obama’s tap-dancing with facts and statistics may buy him a temporary pass, but Morning Bell has nailed his feet to the ground on the employment numbers he promised voters. He has presented ever-shifting explanations for why the actual unemployment numbers aren’t matching up with the promises he made when he and his Democratic cohorts were ramming through the stimulus bill, so Morning Bell attempted to figure out how to properly judge those numbers against the promises that were made. They managed to come up with a definite number: a total of 138.6 million jobs.

Go there to see how they came up with the number. It’s quite evident from their research that Obama and his folks slipped up this time: they identified an employment target that they really can’t wiggle out of. As Morning Bell notes, in order to reach their unrealistic goals, the Obama administration is going to have to produce 6.4 million jobs in the American economy between now and the end of next year or be judged an utter failure by their own measure.

Anybody willing to bet that Obama will be able to do it? Yeah…me either…

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This entry was posted on Tuesday, June 9th, 2009 at 12:50 pm and is filed under Economics, Barack Obama, Unemployment. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.