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TatonkaJames

Trump Lies Again for Romney

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Sorry Donald, I went to the CBO website and this is at the top of the page.

 

BUDGET AND ECONOMIC OUTLOOK

 

In its baseline, CBO projects that the 2012 federal budget deficit will be about $1.1 trillion, and that the economy will continue its sluggish recovery, with unemployment remaining above 8 percent both this year and next.

 

http://www.cbo.gov/

 

Donald said the CBO chief reported that unemployment will go above 9.2 % in January . Why would anyone want a businessman who can't get his facts straight to support him ?

 

It's right at the start @ 37 seconds.

 

 

This is the right and wealthy once again making their own history and facts about everything.

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Trump;

 

"The CBO chief in Washington said unemployment is going up by sometime in January to 9.2%."

 

That's right there in the video at 37 seconds. That differs from next January. Hence, a lie.

I don't dispute it might go that high next year, but he said in January. If he meant next year he should have said it, or Mitt, who should know this should have corrected him ?

Does he not say that in the video ?

 

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And Mitt will lie about this too, just like his attack ads against Newt.

 

 

Jobs Report: U.S. Economy Adds 243,000 Jobs In January As Jobless Rate Falls To 8.3 Percent

February 3, 2012

 

The job market is still on a long road to full recovery, but it took a big step in January.

 

U.S. nonfarm payrolls grew by 243,000 jobs in January, the Bureau of Labor Statistics reported on Friday, up from a revised 203,000 jobs in December.

 

The unemployment rate declined to 8.3 percent in January, from 8.5 percent in December.

 

These numbers were far better than market expectations for payroll growth of about 155,000 jobs and an unemployment rate of 8.5 percent. Dow Jones Industrial Average futures are soaring on the news, up 115 points recently. Nasdaq futures were up about 27 points and S&P 500 futures were up about 13 points.

 

It is good news for the economy, the labor market -- and for President Barack Obama's reelection chances.

 

Still, some perspective is in order: Total nonfarm payroll employment now stands at 132.4 million jobs, after some benchmark revisions, or about 5.6 million jobs lower than the 138 million at the peak in January 2008.

 

In other words, it will take many more months of this sort of job growth just to get employment back to where it was four years ago.

 

A recent study by Washington, D.C. consulting firm Hamilton Place Strategies estimates that there may be three million long-term unemployed people who are currently not being counted by the Labor Department because they have simply given up looking for work. Signs of an improving job market might bring them back to the labor force, which would push the unemployment rate higher.

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