Tags: rush | obama | jobs | report

Rush: Obama’s Election Strategy Is to Kill Jobs

Friday, 04 May 2012 01:13 PM

By Michelle Lopata

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
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.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

FBI: Denver Teenage Girls May Have Tried to Join ISIS

Wednesday, 22 Oct 2014 06:16 AM

Authorities are investigating whether three teenage girls from suburban Denver who may have been trying to join Islamic  . . .

Krauthammer: GOP Must Push Its Agenda After Taking Senate

Tuesday, 21 Oct 2014 22:07 PM

Republicans have 3-1 odds of taking over the Senate, and they need to use that power to push their agenda, conservative  . . .

Wyoming Gay Couples Get Marriage Licenses

Tuesday, 21 Oct 2014 22:03 PM

Wyoming has become the latest state to allow same-sex unions, bringing the wave of legalizations to a place where the 19 . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved