by M.J. Harris

“This is good news just in time for the season of hope.”

President Obama had this to say following the jobs summit this week.

“The nation lost 11,000 jobs this November. Which was about 115,000 fewer than was forecast and the unemployment rate ticked down instead of up”

The bad news is that its all wrong.

What Obama called the best jobs report we have seen since 2007, is clearly also the best piece of fiction written since Harry Potter. This government logic and imaginary numbers sound promising when delivered by our actor in chief, but it couldn’t be further from the truth.

Here’s a simple math problem:

There are 100 people.
20 do not have a job.
Therefore the unemployment rate is 20 percent (20/100)
You expect 10 people to lose their job this month however, only 5 people do

What would the new unemployment rate be?
According to this administration it would be 15 percent.
That sounds about right, but is it?

No, the new total is 25 out of 100
So it should be 25 percent.

How is it mathematically possible to have any loss in total jobs and a decrease in number unemployed at the same time.

The real reason for the decrease in unemployment…thousands of people every day losing their benefits. So they are no longer unemployed because they’re homeless. The real unemployment rate is above 18 percent and when more people lose their jobs that rate should go up rather than down.

Up to one million people will be losing their unemployment benefits in this coming January.

You can be sure that after those 1 million more people are out on the street this administration will claim another strong victory in defeating unemployment once again.

The road forward

Coming off of the presidents recent job creation forum there were not many promising ideas to look forward to.

“He cited an expanded program to help make more U.S. homes energy-efficient as an example.”

“The president said there were some ideas that could be put to work almost immediately and other ideas that will become part of legislation for Congress to consider. He listed “moving forward on an aggressive agenda for energy efficiency and weatherization” as a prime candidate for quick action.

Meanwhile special interest groups are foaming at the mouth waiting to get their hands on some more of other peoples money.

With unemployment levels above 10 percent, Obama said “We cannot hang back and hope for the best.

The ONLY way out of this depression is to accept that government cannot provide new jobs for the economy.

We need to first, reduce government waste and cut it way down to a smaller size then we need to eliminate taxes and burdensome government regulation.

As nice as it sounds installing CFL lightbulbs in every home across the country is not going to lead our nation out of the abyss.