{"id":32603,"date":"2009-06-05T01:01:01","date_gmt":"2011-05-19T02:20:18","guid":{"rendered":""},"modified":"2011-05-19T02:20:18","modified_gmt":"2011-05-19T02:20:18","slug":"unemployment_hits_record_high_state_run_media_says_good_news","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2009\/06\/05\/unemployment_hits_record_high_state_run_media_says_good_news\/","title":{"rendered":"Unemployment Hits Record High, State-Run Media Says: Good News!"},"content":{"rendered":"
\n

RUSH: Now, the jobless rate is now official. Yesterday it was 9.2%. Today they\u2019ve really officialized it. The unemployment rate is 9.4%. This is a 26-year high! How is that hope and change working for you? How is that stimulus working for you? Biden went on television today while Obama\u2019s over there wining and dining his wife in Paris and says, ‘You know what? We\u2019re going to speed up the stimulus spending.\u2019 They\u2019re going to speed it up? What, you\u2019re just going to do it by fiat or you going to go back to Congress and have legislation for this? These people are autocrats. They\u2019re running everything now at the White House on their own initiative without consulting Congress. Of course the Democrats in Congress don\u2019t care and the Republicans in Congress may not know. (I\u2019m being charitable.)<\/p>\n

But the fact is that government-controlled Associated Press is trying to spin record high — 26-year record high — unemployment rate as good news, and so is government-controlled Reuters. ‘US employers cut 345,000 jobs last month, the fewest since September and far less than forecast according to a government report on Friday that was more evidence the economy\u2019s severe weakness was diminishing.\u2019 Can we put this together and see if it adds up to you? Unemployment, they say, ‘is slowing\u2019 and it has reached ‘a record high.\u2019 Now, for those of you under 40 who attended public schools, I\u2019m sure it makes perfect sense to you. Unemployment is slowing, the recession may be ending! Unemployment is now at a 26-year record high. And this, as I say, does not even include numbers of people who have given up. They\u2019re not even trying to find work. Those numbers were always reported when the Bush administration ran the show.<\/p>\n

But now that it\u2019s Lord Obama, they do not report that number or even mention it. The real unemployment number, when you factor those people in, is like 16.9%. When you factor people in who are not trying to work — we had the story in the Los Angeles Times yesterday (government-run Los Angeles Times) a big story on ‘funemployment,\u2019 the people not trying to find work and are enjoying being out of work and they\u2019re traveling and they\u2019re staying at beds-and-breakfasts and they\u2019re living off their mom and dad. And they\u2019re working at nonprofits. Oh, whoopee! It\u2019s 16.9 or 17% real unemployment when you factor in the people that don\u2019t care anymore and are not trying to find work. Here\u2019s how the government-controlled media — we have a montage of government-controlled reporters, this is how they played it yesterday and today.<\/p>\n

RICH EDSON: You put it in context, 345,000 jobs lost last month, not all that bad. <\/p>\n

CHRISTINE ROMANS: The mass layoffs are slowing. We know it\u2019s tough out there but there are indications that maybe the worst is bottoming here. <\/p>\n

CONTESSA BREWER: 9.4%, it\u2019s a grim number. I understand there\u2019s a silver lining to this report. <\/p>\n

HAMPTON PEARSON: A bit of a silver lining in that we are finally beginning to slow the rate of job losses. <\/p>\n

ALAN KNUCKMAN: We\u2019ve got this unemployment number. Not great numbers, but the market\u2019s reacted to a positive, that they weren\u2019t surprised.<\/p>\n

RUSH: So there you have it. I mean, no matter where you go in the government-run media, a record high unemployment rate equals a bottoming out. It\u2019s not that bad. Silver lining! A silver lining. If you\u2019ve wondered what State-Run Media, state-run controlled media is government-run media, government-controlled media — this is what you get. This is no different than Pravda back in the days of the Soviet Union. This is no different than Granma down in Cuba reporting on Fidel Castro. This is no different than a Hugo Chavez media. This is no different than Iranian media. This is no different than the media Saddam controlled. Government-run media. I mean we\u2019ve got record unemployment, the highest rate since 1983 and it\u2019s good news! So good that Biden is going to go out there and speed up the stimulus spending. You want some more good news? Goldman Sachs is predicting that by the end of the year oil will be at $85 a barrel. Today it spiked at over $70 a barrel. Let me just check. Let me just check where it is right now. It is at 69 bucks a barrel. It peaked at over $70 today. They say $85 by the end of the year. So, my friends, the meaning of this is, if — and I mean if, capital ‘I,\u2019 capital ‘F\u2019 — if there is any recovery, despite Obama\u2019s policies, $85-a-barrel gasoline is going to wipe it out.<\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Now, the jobless rate is now official. Yesterday it was 9.2%. Today they\u2019ve really officialized it. The unemployment rate is 9.4%. This is a 26-year high! How is that hope and change working for you? How is that stimulus working for you? Biden went on television today while Obama\u2019s over there wining and dining […]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"\nUnemployment Hits Record High, State-Run Media Says: Good News! - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rushlimbaugh.com\/daily\/2009\/06\/05\/unemployment_hits_record_high_state_run_media_says_good_news\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Unemployment Hits Record High, State-Run Media Says: Good News! - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: Now, the jobless rate is now official. 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