Will the Real Jobless Rate Please Stand Up!

There is something a little “Slim Shady” about the official US jobless rate of 10.2%.

Jeff Cox at CNBC.com has an article posted that is worth reading.

According to the government's broadest measure of unemployment, some 17.5 percent are either without a job entirely or underemployed. The so-called U-6 number is at the highest rate since becoming an official labor statistic in 1994.

The number dwarfs the statistic most people pay attention to—the U-3 rate—which most recently showed unemployment at 10.2 percent for October, the highest it has been since June 1983.

Pray for recovery, prepare for depression.

The American Public “Getting Reamed.”

The Politico has a short piece about the 1,990 + page monstrosity that house Democrats are going to try to cram down our throats.

They cite a section as a caution to those that will clammer for it to be read before it is voted on.

“(a) Outpatient Hospitals – (1) In General – Section 1833(t)(3)(C)(iv) of the Social Security Act (42 U.S.C. 1395(t)(3)(C)(iv)) is amended – (A) in the first sentence – (i) by inserting “(which is subject to the productivity adjustment described in subclause (II) of such section)” after “1886(b)(3)(B)(iii); and (ii) by inserting “(but not below 0)” after “reduced”; and (B) in the second sentence, by inserting “and which is subject, beginning with 2010 to the productivity adjustment described in section 1886(b)(3)(B)(iii)(II)”.

Um . . .

Yah. . .

I got that.

A sane person, in the everyday life that you and I live in, would look at that pile of gobblygook and rightfully conclude that the person spewing it was trying to get one over on us.

For the Democrats in Washington D.C., it is how they hide what they are going to do to us.

At the end of the article, the Politico closes with the following paragraph.

But Republican Rep. Joe Barton, who is Texan, said the bill is “about four reams of paper” that add up to the American public “getting reamed.”

Thats Democrats just doing what they do best Joe.

Rationed Health Care is going to be just to die for.

Democrats Versus Defense Spending.

Democrats have different priority's when it comes to what should be done with Defense Spending.

From the Washington Times.

Senators diverted $2.6 billion in funds in a defense spending bill to pet projects largely at the expense of accounts that pay for fuel, ammunition and training for U.S. troops, including those fighting wars in Iraq and Afghanistan, according to an analysis.

Among the 778 such projects, known as earmarks, packed into the bill: $25 million for a new World War II museum at the University of New Orleans and $20 million to launch an educational institute named after the late Sen. Edward M. Kennedy, Massachusetts Democrat.

Elections matter.