CEO of America purposely lie to his public (stakeholders).

By Daniel at 16 June, 2009, 7:47 pm


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The following quote is meant to purposely mislead the public. He accurately shows that the unemployment rate increased from 8.9 to 9.4% last month, then he COMPLETELY misleads the public about how we got there. We lost 787,000 jobs, our second worst loss. He says that we lost 345,000 jobs,and had a big improvement. Go to the BLS data base and find out the truth about the unemployment growth from last month to this month’s 14.5 million. Each month he does something misleading with numbers to portray a VERY inaccurate picture of the facts. This is very disappointing.

From Bloomberg quotes from Obama……

The U.S. economy lost 345,000 jobs in May, the smallest drop since September and less than half the decline in January, reinforcing signs that the deepest recession in half a century is starting to abate. The unemployment rate rose to 9.4 percent, the highest since 1983.

Sav


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