Buried in yet another dismal jobs report (no jobs created in August; 9.1% unemployment; 16.2% underemployment), comes this little ditty:
'The report also showed that job creation in July, which originally came in better than expected, actually wasn't as good as thought. The 117,000 jobs originally announced was cut to 85,000, while June's number fell from 46,000 to a mere 20,000.'—CNBC
So, not only is this the first net zero job growth since World War II, the last two months have been "revised" to reveal even worse performance prior to this month! Don't you love government statistics? How on earth can President Obama gain re-election with this dismal result nearly three years into his term? Easy, take a look at the Republican field.