Thursday, April 1, 2010

Newspeak continues

The headline reads,

"New Jobless Claims Fall"

The Obama 'Good News' continues for 11 paragraphs.

"Initial claims fell slightly",

"The four-week average fell",

"The economy created the most new jobs in three years",

"People claiming UI benefits dropped 4.66 million last week."

The real facts are in paragraphs 12 - 14.

Most of the jobs 'created by the economy' are federal government workers, especially temporary Census workers.

Private employers cut 23,000 jobs in March, well below forecasts of a 40,000 gain.

Millions of people are receiving extended benefits for up to 73 extra weeks, paid for by the federal government [THE TAXPAYERS], on top of the 26 customarily provided by the states.

More than 6 million people are on the extended benefit rolls.

That is about 270,000 higher than the previous week. All told, 11.4 million people are claiming unemployment benefits, the department said.

A robust economic recovery - NOT!

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