Monday, May 24, 2010

Blessed?


In his ringing endorsement of the Big Lug Nut recently, Joe Biden stated...

You’re blessed in Iowa -- Things are not as nearly as bad as they are in the rest of the country.”

That was a couple of days before the unemployment rate in the state bumped up to 6.9%.

With that in mind, Biden probably believes we should be downright joyful and the scientific community is united in that fact.

As an aside, I'm not sure if Biden made the error or the Ragister's Tom Beaumont, but the March unemployment figure was 6.8% not the noted 6.7%.

The "blessed" remark was also before the leaked BLN briefing book that showed how his borrowing scam hasn't worked.

In Story County, I-JOBS spent $40 million, while unemployment climbed to 5.4% from 4%. In Marshall County, the state spent $24 million and watched unemployment rise to 8.5% from 7.2%.In Johnson County, the state spent $155 million while unemployment rose to 4.8% from 3.7%.

Blessed?

I-JOBS was originally billed as creating 30,000 jobs, then 22,000 jobs which fell to 21,000 jobs before a blowhard for the BLN said -- "...1,500 jobs, 4,000 jobs or somewhere in between, the bottom line is it's going to create a lot of jobs."

The 6.9% is in sharp contrast to the Governor's statement..."... I guarantee you by late spring and summer, we're going to have a record amount of job creation and economic development in the state."

Iowa was one of only 6 states to report an increase in jobless rates.

Blessed?

34 states reported lower jobless rates.

Not as nearly as bad as they are in the rest of the country?

North Dakota again had the lowest jobless rate -- 3.8 percent. That's down from 4 percent in March. It was followed by South Dakota, whose rate dipped to 4.7 percent in April, from 4.8 percent in March, and Nebraska at 5 percent, unchanged from the previous month.

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