Would you believe — 63,000 lost their jobs during February??

So, really -- do they make up these unemployment numbers as they go along and try to change them to look better? Or is there an honest system of statistics involved?

The report I'm reading says that 63,000 non-farm jobs were eliminated in our fine country in February. The report goes on to say that was on top of 22,000 jobs lost in January. Oh, and the 82,000 jobs which were reported as having been ADDED in December? Nope. It was really only 41,000.

There you go. 10,000 jobs here, 10,000 jobs there -- pretty soon you're talking about a lot of jobs; many, many people out of work.

Of course, the thing to remember is this: We are NOT in a recession. Nope. No recession here. Some hard times, perhaps, but no recession.

Why, my goodness, if all the whys and wherefores must be met to be called "recession," it's just possible we'll move right past recession into depression. At least, I'll bet all those folks out of work with groceries to buy and mortgages to pay know a lot about depression.

Good work, Mr. President. In the seven years you and your gang of goofies have run the country, we've gone from a budget surplus to deficit, we've seen oil rise from somewhere around $30-$40 a barrel to over $100 a barrel, we've seen job creation turn into massive job losses -- boy, what a country your legacy has given us.
[tags]unemployment, economic recession, just a guy who reads the papers[/tags]

March 7, 2008 | Filed Under Business News, National News