The reason why jobs number reports are constantly in flux is because President Barack Obama’s “new election strategy for getting the unemployment rate down is to kill jobs,” talk radio host Rush Limbaugh said.
“I finally figured it out,” Limbaugh said Friday. “Barack Obama has decided that the only way to lower the unemployment rate is to kill off jobs.”
“The unemployment rate went down one tenth of a percent from 8.2 to 8.1 percent but the number of people leaving the labor force is at an all-time high. It’s over 88 million Americans not working.”
Limbaugh says that when looking at demographics, the unemployment rate is even worse for younger Americans, whose unemployment rate is closer to 15 to 20 percent.
Limbaugh says that the key to making sense out of these reports is to alter our way of thinking.
“Pushing people out of the workforce drives down the unemployment rate,” Limbaugh said. “When that happens, Obama says the recovery is slow but steady.
“As you see the unemployment rate fall, what you must understand is — do a 180 on your thinking — what you must understand is the job situation is worsening.”
“The labor force participation rate, that is the universe of all jobs available, is skyrocketing upward and that means fewer people are counted in the whole equation which means the unemployment rate is plummeting,” Limbaugh continued.
“Under Obama, when the unemployment rate falls, the jobs situation is getting worse,” Limbaugh said, because they then rely on government subsidies such as disability and food stamps.
“There is no recovery.”
© 2014 Newsmax. All rights reserved.