In reporting, context is everything -- at least, it should be everything. But when it comes to protecting Obama and his failed economic policies, the media willfully lies by omission to manufacture a reality in which Obama's policies have succeeded.
In this piece comparing Obama's "recovery" to Reagan's recovery, I've added historical context. Over at AEI, the indispensible Jim Pethokoukis delivers important context by reporting on numbers released today which the media is covering up:
The labor force participation rate fell again as potential workers stopped looking for work. … [I]f the LFP rate was where it was in January 2009, the unemployment rate would be 10.8%. …
The share of the unemployed out of work for 27 weeks or longer increased to 40.2% from 38.1% in January.
The employment-population ratio is exactly where it was a year ago, at an almost rock-bottom 58.6%.
If Barack Obama had an "R" after his name, the media would be doing a proper job of clarifying a number of crucial economic facts, including the most important one: That the unemployment rate decreasing due to people dropping out of the labor force is terrible news, not good news.
But when it comes to protecting their idol from his failures, the media will never stop lying.
So the unemployment picture is much worse than most people thought.
Gotta count the right numbers.
According to the Bureau of Labor, the current LFP is 63.5%.
NOT shocking.
Didn't Barry, during the election, have the unmitigated gall to say HE lowered unemployment?
It's disgusting, how the media coddles him.
He's wandering around aimlessly, standing on his soapboxes blubbering about this or that, when he SHOULD be in the oval office, WORKING.
I wonder, when Karma's going to come back around to him AND the media that coddles him. You know, Karma comes back around, and when it does, it usually bites in the ass.
Quoting SallyMJ:
So the unemployment picture is much worse than most people thought.
Gotta count the right numbers.
"A government big enough to give you everything you want, is a government big enough to take away everything that you have."---Thomas Jefferson
Not the same measurement. Two completely different things. The number for the employment-population ratio (EPR) is correct.
http://www.bls.gov/bls/glossary.htm
http://www.bls.gov/opub/mlr/1981/02/art4full.pdf
http://research.stlouisfed.org/fred2/graph/?id=EMRATIO
Quoting jaxTheMomm:According to the Bureau of Labor, the current LFP is 63.5%.
What? The media is covering up the real numbers, and the un/employment picture? Oh, no! Wait, that's been the MO of the MSM for the last 5 years.
So true, but you can't stop it, unless you go to the Universities and demand honesty.
Hey Susan - I'm not sure I understand what you are saying. Universities??
Did you maybe respond to the wrong post?
Quoting susan115:So true, but you can't stop it, unless you go to the Universities and demand honesty.
Bill Ayers: Obama Should Be Tried For War Crimes
Sarah Palin - love her, hate her, don't give a F***?
- SallyMJ
on Mar. 10, 2013 at 1:15 AM