smoke and mirrors, so what's next a rabbit out of a hat . . .
Oh my gosh, we have found salvation. President Obama is leading us to the promised land and just look at all those jobs he created last month . . .
The Labor Department released today that the unemployment number is down to 8.3%.
Just one problem, they didn't broadcast to the world the number of our fellow citizens that have quit looking.
Well, here's the number behind the number.
The number of people who are in the labor force and actively seeking jobs DROPPED to a 30-Year low. Yup, 1.2 MILLION people have dropped out the labor force.
That's equivilent to the entire population of Dallas, TX stopped looking for jobs.
Think about that - Dallas is the 9th largest city in this country and basically a popluation the size of Dallas, TX has thrown in the towel in finding a job in this country!
Incredible.
But apparently, this is now acceptable as great news to the President and fellow Democrats and those in the main stream media.
It's the lowest level since all the way back to 1984. Here's the chart:
* note - across the bottom, you will note that it labels January in 2 year increments. The last one on the right of the graph should read "Jan-12". The "12" got cut off.
You don't have to take my word how depression this number is. Here's Rick Santelli, one of the really sharp guys out there on the economy(there going to be a quick ad first):
How far we've fallen under this President . . .