Friday, November 2, 2012

Romney’s Take on the Employment Report

Benjy Sarlin listens to Mitt Romney so we don’t have to:
Today’s increase in the unemployment rate is a sad reminder that the economy is at a virtual standstill.
You might be protesting that the Employment Report said employment rate rose by 171 thousand. But remember that’s the Payroll Survey so let’s take a look at the Household Survey to see why the unemployment rate rose from 7.8% to 7.9%. The employment to population ratio actually rose from 58.7% to 58.8%, while the labor force participation rate rose from 63.6% to 63.8%. Either Mr. Romney is incredibly stupid or amazingly dishonest.

3 comments:

run75441 said...

PGL:

R&R both tend to strain the threads of (you fill in). Not that you need it; But, I agree with your analysis.

Bruce Webb said...

"Either Mr. Romney is incredibly stupid or amazingly dishonest."

Waves hand in air! I know!! I know!!!

Because you got to love a test question with no wrong answer.

Dan Crawford (Rdan) said...

Now that's funny...