Friday, June 06, 2008

You'd think by now the Bush regime has all the experience it needs rationalizing bad employment numbers. Do the regimists just not care anymore?

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America's sweethearts: Miss Mitch and Miss Elaine have jobs -- for now.

You've probably heard the news by now: 49,000 jobs lost in May, unemployment up a whopping .5% (from 5.0% to 5.5%), the largest jump since 1986. Into the fray jumps our esteemed secretary of labor, Elaine Chao -- who, it is pointed out on the ShameonElaine website, is not only the wife of our beloved Senate minority leader (and DWT-fave heartthrob) Miss Mitch McConnell but the longest-serving member of the Bush regime cabinet.

Here is ShameonElaine's take on Secretary Chao's contribution to the discussion:

Elaine Chao Lays Blame for May Unemployment Jump

There’s an excuse for everything.

U.S. Secretary of Labor Elaine L. Chao issued the following statement on the May employment situation report released today:

“Today’s increase in the unemployment rate reflects the fact that unusually large numbers of students and graduates are entering the labor market.”

For those following at home, the aforementioned “May employment situation” is the largest jump in unemployment since 1986. That’s 49,000 lost jobs for a total unemployment rate of 5.5%.

But as EPI notes (via Mother Jones), Elaine’s “blame the kids” excuse doesn’t explain everything.

An increase in the youth labor force played a role in May’s unemployment spike. However, even if we take teenagers out of the data, unemployment still rises from 4.5% to 4.8%, a considerable 0.3% increase, and well above the 4.0% adult rate of one-year ago.

Elaine Chao is still in denial about America’s economic crisis. What will wake her up?

However, even this doesn't exhaust the mysteries surrounding the new unemployment figures. I have theorized before that where the Bush regime has fallen off most grievously in the gone-to-hell second term is in the quality of its lies. Americans expect a certain standard in the lies they're fed, and frankly, this effort strikes me as downright pathetic.

Strange currents have swirled around these numbers since their release -- in particular the role played by those greedy students, damn them, grasping for jobs:

* A reference to this explanation was once in, and then mysteriously out of, the online version of the NYT's story.

* There was intriguing speculation that the reference to students was not to summer jobs but to 2008's largest-in-memory surge of high school graduates, owing to a 1990 birth spike. And if you look at the wording, it could actually be that something along these lines was what was in the mind of whoever prepared Secretary Chao's remarks, and they just didn't explain it to her -- or maybe she just wasn't paying attention. (There's not much evidence to suggest that the secretary has much interest in, not to mention knowledge of, labor matters. After all, the job of the secretary of labor in Republican adminstrations is to screw labor.)

* The excellent question was asked, How on earth could students entering the job market for the summer already show up as unemployed in May?

* I myself was wondering, through this whole confusing stretch, how it happens that this student-caused surge in unemployment has caught everyone unprepared and unawares, apparently a brand-new phenomenon in A.D. 2008?

* And then our learned friend Michael Froomkin (of Discourse.net), one of our Web go-to guys for legal matters, chimed in -- in a fairly high state of dudgeon, we have to note -- with a reminder that the unemployment figures are always seasonally adjusted.

I guess what matters to America's sweethearts Elaine and Mitch is that they both have jobs, though we like to think that the clock is ticking on both of them.
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5 Comments:

At 7:00 PM, Anonymous Anonymous said...

I just saw a video of McConnell's beard making excuses for the rise in unemployment. The load of crap she tried to deliver was simply incredible. Could not, would not, answer a single question. Would not even address it, just went flying off into space with her lying talking points. It was disgusting.

 
At 7:13 PM, Blogger KenInNY said...

My point exactly: We have a right to forceful, coherent-sounding, seemingly persuasive lies, and when you send out someone like Mrs. Mitch to give a half-cocked performance like that, well, it's like you're spitting on the American people.

I know it's too late for impeachment, but if fobbing off sorry-ass, not-even-trying lies like that doesn't qualify as a high crime and/or misdemeanor, what does?

The Bush regime used to have such high-style bullshitters. Take Donald Rumsfeld -- now there's a guy who could tell a kick-ass lie. Sure, you knew he was lying, but he was so steely and resolute about it that you knew if you said "Boo!" nothing would please him more than to kick you in the groin.

Ah, the good old days!

Ken

 
At 7:21 PM, Anonymous Anonymous said...

Ha ha!

I have to disagree about the impeachment though. It might now be too late for extensive hearings and investigations, but by now those would be pretty pointless anyway. They're all guilty and everybody knows it.

Time is not the issue now. It could all be over and done with in two days, even less. Where there's a will, there's a way.

The problem is that there is no will. If there had been, impeachment hearings would have started in January 2007. I'd say that half the Dems are as guilty as the repubs.

 
At 11:07 AM, Anonymous Anonymous said...

How do we know the "official" unemployment rate of 5.5% isn't really a propaganda trick designed to mislead or confuse?

(In other words: There is a clear and distinct possibility that "real" unemployment rates may be significantly higher when you take into account the likes of such who have exhausted unemployment benefits, those unable to find work through no fault of their own, and others deemed too vulnerable to find employment.

(Hence, creating a clear and distinct possibility for exploitation by "work from home" and "turnkey home business" mountebanks.)

 
At 12:30 PM, Anonymous Anonymous said...

"How do we know the 'official' unemployment rate of 5.5% isn't really a propaganda trick designed to mislead or confuse?"

Yes, indeed it is. Both unemployment and inflation are far higher than the government admits.

They love touting their "core" inflation numbers. FYI, core inflation EXCLUDES housing, food, medical care, and gasoline. I don't know about you, but those items are 90% of my budget!

In other words, "core inflation" is the inflation rate after you've subtracted out inflation. In my opinion, it was invented for the sole purpose of making the government look better

 

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