May 4, 2012, Fairfax, VA—Americans for Limited Government President Bill Wilson reacted this morning to the U.S. Department of Labor's report that the unemployment rate dropped to 8.1 percent almost solely due to more than half a million people dropping out of the labor force in the month of April.
"Obama's idea of a recovery is when 522,000 Americans give up on getting a job, and drop out. His claim that the unemployment rate has 'dropped' to 8.1 percent is either a delusion or a purposeful manipulation. The truth is that there were 169,000 fewer Americans employed in April than in the previous month. The truth is that there are more than 300,000 fewer Americans working today than when Obama took office.
Not shockingly, non-partisan independent groups that measure the unemployment rate like Gallup and ADP both say the unemployment rate is up, yet the Obama Administration's counting team is continuing the charade that our nation's unemployment rate is decreasing.
Even CNN/Money has noted that, 'While it's true that the unemployment rate is falling, that doesn't include the millions of nonworking adults who aren't even looking for a job anymore. And hiring isn't strong enough to keep up with population growth.'
It is literally dumbfounding that Obama and his Administration can get up with a straight face this morning and tout a drop in the unemployment rate when 169,000 fewer Americans are working. Instead, they should be begging the people for forgiveness."
Americans for Limited Government is a non-partisan, nationwide network committed to advancing free market reforms, private property rights and core American liberties. For more information on ALG please call us at 703-383-0880 or visit our website at www.GetLiberty.org.