NOW THAT IS A BAD JOBS REPORT

There is absolutely no way to spin this report positively, but I’m sure the MSM will try. Obama’s Keynesian solutions, implemented over the last two and a half years are a complete and utter failure. He is responsible 100% for the economic situation today. Not only was this report horrific, the previous two reports were revised downward by 58,000. The change in total nonfarm payroll employment for June was revised from
+46,000 to +20,000, and the change for July was revised from +117,000 to +85,000.  Average earnings are falling and the workweek is declining. Obama the SAVIOR is working his miracles on the US economy. I’m sure his Keynesian proposals next week will work the trick this time.
Let’s dig a little deeper into the numbers and paint the bleak realistic picture of our country today:

• Even though the government says that employment increases were ZERO in August, that is an outright lie. The famous BLS Birth/Death adjustment added 87,000 FAKE made up jobs in August. This ridiculous proposition is beyond laughable. The BLS has a model that estimates how many new jobs small businesses are creating. Our economy has been in freefall for all of 2011 and the BLS birth/death model has added 700,000 fake jobs since March 2011. Even though their other report shows 237,000 LESS Americans employed since March 2011, these BOZOS are telling us that small businesses hired a net new 700,000 employees. This is practically criminal.

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