(Updated)

The bogus jobs report is out, claiming a 0.2% jobless rate drop in February.

‘Unexpectedly’ (of course) dropping from 7.9% to 7.7%.

Oh joy, sweet joy…the ‘Obama’nomic recovery is working! Milk-n-honey, flowing again!

Ignore the 130k 296,000 unemployed who lost hope in February, dropping from the job market. (Updated, from IBD reports Friday afternoon. That’s 60,000 more people dropping out of the Labor Force than found jobs in February!)

Ignore the fact that, if the total Labor Force numbers were what they were in February 2012 – just one year ago – today’s unemployment rate would be 8.3%.

And, as everyone (not living in caves, grass huts, or hollowed-out tree trunks) knows, the Obama-Sequester he and the media are blaming on Republicans started March 01.

A BCP Prediction: April’s unemployment rate will ‘unexpectedly’ go back up, and the mainstream media lapdogs…errrr, concerned news outlets…will screech from the rooftops (in unison, of course) “the GOP sequester did it!”.

‘Cuz the media lapdogs…errr, concerned news outlets…are nothing if not predictable…

(Recapping…expect a bogus April jobless report reflecting a bogus ‘unexpected’ rate rise to be blamed on bogus ‘spending-cut’ legislation based on a bogus assertion that ‘the Republicans did it’. Everyone clear on that?)

And, we can’t stress ‘unexpectedly’ enough…