Adding Some Facts To The Discussion On Unemployment

Marc Thiessen at the Washington Post posted an article yesterday with some of the Labor Department statistics on the workforce in America. It turns out that the President’s statement that “It’s very clear that private sector jobs are doing just fine.” is simply not true. The original statement about the public sector was made by Harry Reid about six months ago when the Democrats were asking for another $35 billion to help states hire more public sector employees.

The article points out:

Obama and Reid have it precisely backward: It’s the public sector that’s doing fine. According to the Bureau of Labor Statistics, the unemployment rate for government workers last month was just 4.2 percent (up slightly from 3.9 percent a year ago). Compare that to private-sector industries such as construction (14.2 percent unemployment), leisure and hospitality services (9.7 percent), agriculture (9.5 percent), professional and business services (8.5 percent) and wholesale and retail trade (8.1 percent). As Andrew Biggs of the American Enterprise Institute points out, the public-sector unemployment rate “is the lowest of any industry or class of worker, even including the growing energy industry.” If the rest of Americans enjoyed the same unemployment rate as government workers, Obama would be cruising to reelection.

Figures don’t lie, but evidently politicians do. The article further reminds us that Obamacare will add $46 billion in annual costs of new regulations to an already struggling economy.

The problem with President Obama’s statement (other than the fact that it is not true) is that it reinforces the idea that the President is anti-business. There is a perception of the President that he does not believe wealth can be created without someone other than the person creating the wealth being exploited or shortchanged in some way. He simply does not seem to respect free enterprise or understand how it works.

The article concludes:

How bad is all this for the president? Here’s how bad: Last week Mitt Romney accused President Obama of being “out of touch with the American people.” When a guy building a California vacation mansion with a car elevator for his wife’s two Cadillacs calls you “out of touch” — and no one laughs — you know you are in trouble.

I think it’s time for the Obama Campaign to find another line of attack.

 

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