Rejoice: President Obama says we're on the path to recovery!

In his Labor Day speech to AFL-CIO officials, President Obama asserted that we are in the midst of an economic recovery.

President Barack Obama reaffirmed his support for setting up a government-run health insurance plan and said that revamping the medical-care system will bring workers greater stability and security... The president, in a speech to union members marking the U.S. Labor Day holiday, also said the U.S. economy is "moving in the right direction" on the path to recovery.

There are a lot of statistics that refute his contention.

The country continues to hemorrhage jobs -- hundreds of thousands a month.

The value of the U.S. dollar continues its historic descent in the wake of the Democrats' unprecedented expansion of the money supply.

Most disturbing of all: Philadelphia Eagles Luxury Suites are now available at a bargain price of $9,500. Each suite holds 20 people and includes four valet parking passes. In the past, single-game luxury suite passes ran between $25,000 and $30,000.

People are so excited that we're in the midst of a recovery, they've completely forgotten about being unemployed and hungry!