Welcome To The Recovery!

Super-Genius Timmy Geithner penned an op-ed in The New York Times just a few days ago with just that title (minus the exclamation point). He wrote:

THE devastation wrought by the great recession is still all too real for millions of Americans who lost their jobs, businesses and homes. The scars of the crisis are fresh, and every new economic report brings another wave of anxiety. That uncertainty is understandable, but a review of recent data on the American economy shows that we are on a path back to growth.

Today comes the news of “job growth” in July:

The government’s latest snapshot of the job market was bleak, a sign the economic recovery is running out of steam with 14.6 million Americans still searching for work.

Job growth proved anemic in July as governments cut jobs and private-sector employers barely expanded.

In the wake of Friday’s disappointing jobs report, Neal Lipschutz and Phil Izzo discuss new predictions that it could be many years before the nation’s unemployment rate reaches pre-recession levels. Plus, test-driving the new Porsche Hybrid SUV.

The economy shed 131,000 jobs, as 143,000 temporary Census workers fell off federal payrolls. Private-sector employment grew by 71,000 in July after a downwardly revised 31,000 in June. Government employment, not counting Census workers, fell by 59,000.

The unemployment rate held steady at 9.5% largely because people gave up hope of finding work and left the labor force.

Um, I’m going to have to throw the flag on that last one. The unemployment rate held steady because the government is cooking the books on their reporting. Why do I say that? Because today’s report also revised – downward – prior months reports – by a LOT:

Update: This is ugly:

The change in total nonfarm payroll employment for May was revised from +433,000 to +432,000, and the change for June was revised from -125,000 to -221,000.

That’s a subtraction of 97,000 jobs over those two months. That’s very ugly — and perhaps even “unexpected.”

Yet the rate “held steady”.

They are lying.

Pay attention to this table, the last two sections. There are nearly 21 million people unemployed or underemployed. They are playing games with the rate and how they define unemployed.

That said, it is time for a real recovery summer. One in which Obama-besotted voters realize that they were hoodwinked by the won. One in which they realize that the fraud behind the curtain and his merry band of maladroit, economically-ignorant munchkins could not collectively find their butts with both hands. They are clueless and, in fact, clue proof. Look at the drivel Geithner passed off as wisdom. Then look at the real numbers.

Welcome to recovery.

The first step is to realize you have a problem. The next step is to make sure you chuck as many of his enablers onto the unemployment line as possible in November.

Register and VOTE.