Its an Obama Recovery, Dow Plunges 324.06

President Obama calls May’s jobs report proof of recovery. Who is he kidding?

Obama must think Americans are so stupid not to see past the smoke and mirrors and realize that 95% of the jobs allegedly created in May are nothing more than temporary Census Worker jobs which the Census Bureau hired and fired workers in order to inflate the actual jobs numbers.

Why isn’t the Dinosaur Media reporting the U.S. Dept of Commerce-Census Bureau cooked the books so that “Hoax & Chains” could pad employment data?

While Obama may fool some Americans under the age of five, Wall Street today wasn’t the least bit fooled by Obama’s rosy jobs rhetoric, the Dow Jones Industrial plunged 324.06 today and is down 12.5% since the 23 April closing high for the year.

More here from Yahoo Finance

This entry was posted on Friday, June 4th, 2010 at 3:49 pm and is filed under Barack Obama, Census, Economy, Obama Administration. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Its an Obama Recovery, Dow Plunges 324.06”

  1. muck says:
    June 5, 2010 at 3:49 pm

    Lots of temporary government jobs, very few private sector jobs. The stimulus money was wasted on unemployment benefits, and other entitlements. Then there’s the looming health care mandate! Why would companies hire with that coming?

    Looks like a double-dip recession coming.

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