I’ve heard all the Democrats boasting about the creation of 4.5 million jobs during the Obama presidency. That’s an incredible number! Is it true or just more political rhetoric?
I did some fact checking on this, and the numbers just don’t add up. With unemployment rising to 8.3 percent, disappointing weekly job numbers and a sluggish economy, this doesn’t seem possible.
Through federal government resources, here’s what they say.
On 9/4/2008 there were 13,525,550 actual unemployed. On 9/4/2012 there were 23,058,163 actual unemployed. That is a net gain of 9,058,163 actual unemployed.
On 9/4/2008 the U.S. work force was 154,731,205. On 9/4/2012 the U.S. work force was 142,814,009. That is a net loss 11,917,196 people in the work force.
So, we have an massive increase in actual unemployed and a massive decrease of people in the work force!
So where are these 4.5 million jobs? It doesn’t add up. Where are the Obama people getting these numbers? I searched through several fovernment agencies and did not see anything that remotely indicated an increase of 4.5 million jobs.
Seems to me this number is nothing but political rhetoric and a complete lie. We all know Obama’s economic record is disappointment at best, but to boast about all these jobs created one has to question his credibility.