orogenicman
Darwin was a pastafarian
- Jul 24, 2013
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Six years later, and the black community is worse off than it was, seething with anger, about to explode, because they didn't get jack-shit from "their black President", and once again, they are being played by the "BLAME IT ON WHITEY CROWD".
Nothing new under the sun.
The racial disparity isn't Obama's fault, it is the failed War on Drugs combined with a bored police force on a national scale, because the crime rate nationally has dropped.
In the 1990s the cops on Staten Island would have cared less if someone was selling cigarettes on the street. They had murders in Times Square to deal with.
Then there's this from the uber-conservative Forbes magazine:
From Forbes: Obama Outperforms Reagan On Jobs, Growth And Investing
9/05/2014 @ 3:46PM
The Bureau of Labor Statistics (BLS) today issued America’s latest jobs report covering August. And it’s a disappointment. The economy created an additional 142,000 jobs last month. After six consecutive months over 200,000, most pundits expected the string to continue, including ADP which just yesterday said 204,000 jobs were created in August.
One month variation does not change a trend
Even though the plus-200,000 monthly string was broken (unless revised upward at a future date,) unemployment did continue to decline and is now reported at only 6.1%. Jobless claims were just over 300,000; lowest since 2007. Despite the lower than expected August jobs number, America will create about 2.5 million new jobs in 2014.
And that is great news.
Back in May, 2013 (15 months ago) the Dow was out of its recession doldrums and hitting new highs. I asked readers if Obama could, economically, be the best modern President? Through discussion of that question, the number one issue raised by readers was whether the stock market was a good economic barometer for judging “best.” Many complained that the measure they were watching was jobs – and that too many people were still looking for work.
To put this week’s jobs report in economic perspective I reached out to Bob Deitrick, CEO of Polaris Financial Partners and author of Bulls, Bears and the Ballot Box (which I profiled in October, 2012 just before the election) for some explanation. Since then Polaris’ investor newsletters have consistently been the best predictor of economic performance. Better than all the major investment houses.
This is the best private sector jobs creation performance in American history.
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Obama Outperforms Reagan On Jobs Growth And Investing - Forbes
Of course...work force participation is lower now than at any time since the Middle Jurassic epoch...
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Right. That would explain why 326,000 jobs were created last month. Oh not...