Obama’s economy: layoff announcements have risen 18 percent and hiring plans have dropped 82 percent over the last year
Welcome to the “booming economy” in ObamaVille. If you listen to the pink slime media over the first four months of this year, you would think we were in an economic boom not seen since the mid 1980′s. Despite the sluggish job growth over the first four months of 2012, it still doesn’t even keep up with those joining the workforce each month. You would need 350,000 to 400,000 jobs created a month to truly bring down the unemployment rate. But the Obama regime fudges the numbers, removing discouraged job seekers from the numbers entirely to artificially deflate the reported unemployment rate. But here’s the really important state. According to US News and World Report, layoff announcements have risen 18 percent and hiring plans have dropped 82 percent in 2012 over the past year.
If this is what you far left progressive and media hacks consider to be an economic recovery, i’d hate to see what’s considered an economic slow down or recession.