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Obama Does it Again

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The news got the Fed what they wanted - a rise in interest rates. They jumped 13 basis points today. I bet the 10-year does not fall when the revisions come out next month.

What exactly is it that Obama has done rather than the private sector? Are we to believe it's Obama that's creating the jobs? Somehow I'm sure if this was a Republican president we be saying it was the private sector providing the jobs or I'm sure somehow it would be the Democrats.

What exactly is it that Obama has done rather than the private sector? Are we to believe it's Obama that's creating the jobs? Somehow I'm sure if this was a Republican president we be saying it was the private sector providing the jobs or I'm sure somehow it would be the Democrats.

 

Isn't that always the way?

Other news sites have additional info on the lastest employment report, cnsnews.com states that the labor participation rate 62.8%. CNS states that 92,898,000 are not in the labor force. In addition 56,000,000 women are not employed. Breitbart reports that black unemployment is 10.4%, double the national average. Breitbart also reports that most of the new jobs have gone to foreign born workers.

It is but anymore its so over-the-top anything the President does anymore or anything good happens during his term it's made out as if he's the best thing as sliced bread when in reality he's been extremely subpar. At least, as far as the media is concerned that's the way things are. Credit always seems to come from the media for the president even when he has nothing to do with it, seems rather problematic.

As various news sites have reported, the programs Obama has supported are not responsible for what is perceived to be a lower unemployment rate. Other reports point out that those he claim to want to help the most are actually suffering higher rates of unemployment.

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