The Slick Lies Of Obama's "Robin Hood" Economy

Banjo said:
Take from the 'redefined rich' and give to the who again?

http://www.zerohedge.com/news/2015-01-25/slick-lies-obamas-robin-hood-economy-2-awkward-cartoons
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The article is well done. I will quibble with one thing in it - "only 25% of students attending community college graduated". Many student attend 2 year colleges to either improve grades to get into a four year school, or to save money initially before transferring to a four year school. Most of these transfers to four year schools occur before the two year mark. At most two year community colleges at least 25% of the people transfer out and go on to successfully land 4 year degrees at another university. The "only 25% of students attending community college graduated" is misleading in regards to the success of community colleges.
 
It appears as though about two thirds of the jobs created while obama has been in office come by adding them in via the birth/death model of business startups and closings.

Employment-BD-Adj-011515.PNG


....while at the same time businesses have been closing faster than being newly started for the first time since they began compiling the data.

Birth-Death-Firms-011514.jpg



So how are the obama economists adding jobs to the employment numbers when more businesses are closing than starting?

Is this just yet another area where the bureaucracy says what the leftists in the white house want to hear?
 
fhl said:
So how are the obama economists adding jobs to the employment numbers when more businesses are closing than starting?

Is this just yet another area where the bureaucracy says what the leftists in the white house want to hear?
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It's nothing more than PR spin.

And yes, the leftists, our very own Kremlin, have been spinning this b.s. for years.

Meanwhile, the resident "clown crew" breathlessly await these numbers the first Friday of the month and do their obligatory "cut and paste" ritual...the concept that these numbers are a complete fantasy are just more evidence of the cognitive dissonance that they collectively suffer.
 
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