The 1600 Report's daily roundup of what the White House is reading this morning online and in the papers:
Stocks: Investors await jobs report (CNN Money)
Greece Pushes Through Debt Swap as Euro Chiefs Ready Rescue (Bloomberg)
Oil Rises a Third Day on Greek Debt Swap, U.S. Economy (Bloomberg)
White House Works to Shape Debate Over Health Law (NY Times)
Israel’s ex-spy chief says more efforts needed before considering attack on Iran (AP)
Lebanon snubs U.S. plea to protect Syrian rebels (Reuters)
Sherrod firing: emails reveal White House role (AP)
Gallup says 9.1, Obama says 8.3? Who to believe?
People who stop looking for work are removed from the jobs number. If benefits run out for every unemployed person and they decide to stop submitting their paperwork to unemployment because they are getting a benefit we could get this number down to zero.
I read today that MA unemployment has fallen below 7%. One would think that would be a good thing, but, because their number has fallen, MA no longer qualifies for Emergency Unemployment Comp. (EUC).
I meant to say...they are NOT getting a benefit.
Gallups numbers are not seasonally adjusted obama's are...and fudged some too. The rate went from 8.6 in January to 9.1% in February the largest jump in a year...and the real unemployment rate is now 19%....but the liar-in-chief will try to spin and manipulate as he has his entire career for political gain....good luck obama despirate as you are.