Recovery Summer: 131,000 Lose Job In July, MSM Still Claims Recovery! Obama Job Deficit Stands At 7+ Million

How's hopey changy doing? Not so well. Seems we're going the wrong way.

The US lost net jobs in July for the second month in a row.The announcement comes right after Obama has been barnstorming through the Midwest touting the supposed success of his stimulus boondoggle. As usual, al Reutres put the best spin on that they could:

U.S. employment fell for a second straight month in July as more temporary census jobs ended while private hiring rose less than expected, pointing to an anemic economic recovery.

Non-farm payrolls fell 131,000, the Labor Department said on Friday as temporary jobs to conduct the decennial census dropped by 143,000. Private employment, considered a better gauge of labor market health, rose 71,000 after increasing 31,000 in June.

Hey - where was this private jobs is a better gauge business a few months ago when job growth was touted even though they were almost exclusively public sector? It's almost like al Reuters is coordinating with Obama:

Last months numbers, by the way, were even worse than they told us they were:

In addition, the government revised payrolls for May and June to show 97,000 fewer jobs than previously reported.

I guess such information only works one way - to make Obama look as good as possible. In the bigger picture, Obama promised that 3.5 million NEW private-sector jobs will be created by the $1.2 trillion stimulus bill ($800 billion + interest over 10 years since the US is bankrupt) by 2010. Instead, 3 million jobs have been lost. Here is what has been happening with Biden's 3-letter word last year:

January US jobs lost: 598,000 jobs
February US jobs lost: 706,000 jobs
March US jobs lost: 742,000 jobs
April US jobs lost: 545,000 jobs
May US jobs lost: 345,000 jobs
June US jobs lost: 467,000 jobs
July US jobs lost: 247,000 jobs
August US jobs lost: 216,000 jobs
September US jobs lost: 263,000 jobs
October US jobs lost: 190,000 jobs
November US jobs lost: 11,000 jobs
December US jobs lost: 85,000 jobs
January US jobs lost: 20,000
February US jobs lost: 30,000
March US jobs lost: -162,000
April US jobs lost: -290,000
May US jobs lost: -431,000
June US jobs lost: 125,000
July US jobs lost: 131,000

Total US jobs lost under Obama: 3,838,000 jobs

3.7+ million fewer jobs to lose, and that's neglecting the corrections that were made to the jobs numbers from last year that showed even bigger losses. Recall that the stimulus package was supposed to stop the unemployment rate at 8%! A crisis could become a calamity? Remember that? Here's how that looks (via Michael's Comments):

Note that the blue lines are the numbers that Obama's team came up with. So the actual unemployment rate is not only worse that what would happen with porkulus, but even worse than was predicted without it. And the jobs picture:

The stimulus bill was and is a fraud perpetrated by Obama on the American people to pay back his union hacks that got him elected.Nothing more, nothing less.