Obama’s got a bigger problem now: The whole planet is unemployed
Sure, initial jobless claims crept down a little bit in the American economy, according to new Labor Department numbers. But, reports CNBC, President Obama has a bigger problem: basically, the whole planet is unemployed. They report that 4.66 Billion people continue to be unemployed, which is news to me. I mean, that would make the Great Depression just sound like a short vacation we took between world wars. 4.66 billion unemployed makes it sound like the machines took over without us realizing it, and just gave us all XBoxes and told us to take the month off while they’re actually siphoning electrical energy through our bodies.
See the screen grab attached from CNBC’s news alert:
So the Obama economy involves not just the destruction of the capitalist American economy, but the transformation of apparently the entire planet into a gigantic colony of shiftless layabouts supported by the other 1 and a half billion of us. Basically, everyone in China is working so you and I can be funemployed in the USA, South America, Western Europe, and pretty much every other part of the world.
Would this were CNBC’s awesome idea of an April Fool’s Prank, better than Google’s Topeka silliness. But alas, they aren’t that creative – this was just a copy editing failure. According to Bloomberg News, 4.66 Million jobless claims continue from previous weeks.
The number of people continuing to receive jobless benefits decreased by 6,000 in the week ended March 20 to 4.66 million. The continuing claims figure does not include the number of Americans receiving extended benefits under federal programs.