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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Benny B on October 05, 2012, 10:58:36 PM
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Will Obama Ride 7.8% Jobless Rate to Reelection?
By Josh Marks
The Denver debate should be a distant memory after today’s jobs report that the unemployment rate fell to 7.8 percent. That is the jobless rate when Obama took office in January 2009 when he inherited the worst economic disaster since the Great Depression. Seven sounds a lot better than eight and much, much better than the peak of 10 percent in October 2009. Significantly, in the mind of the American public, 7.8 percent sounds closer to the 7.2 percent unemployment figure that Ronald Reagan rode to reelection in 1984.
What Obama has achieved trumps Reagan because he inherited a global economic meltdown not seen since 1930. And Reagan wasn’t up against a hostile Republican Congress hellbent on his destruction. Despite all Obama was up against, he managed to pass Keynesian stimulus in the American Recovery and Reinvestment Act that was actually bigger than FDR’s New Deal. The unemployment rate could have been even lower had it not been for right-wing state governors implementing draconian public sector cuts and austerity-obsessed, obstructionist congressional Republicans blocking the American Jobs Act.
But despite an entire political party putting rigid ideology above the good of the country and global events out his control, President Obama has America headed in the right direction in terms of jobs and the economy. He must be reelected to finish the job and keep America moving forward.[/b]
Republicans keep falsely claiming that Obama is bringing European-style socialism to America, but it is the Republicans who want to bring Europe’s disastrous austerity measures to our shores.
And how is austerity working across the Atlantic?
Eurozone unemployment is at a record high with almost 18.2 million people out of work and an unemployment rate of 11.4 percent. Austerity measures are slowing down economic growth in Europe. The unemployment rates in Spain and Greece are both 25 percent as both countries have instituted massive spending cuts that has prolonged the pain. This is what Mitt Romney, Paul Ryan and the Republican Party would like to bring to the United States.
With Romney’s first term consumed with rolling back all the progress Obama and the Democrats have made — the Recovery Act, health care reform, Wall Street reform and more — and Ryan working with Republicans in Congress to make his anti-government budget fantasy a reality, America could see the unemployment rate start to increase again as European-style austerity measures take effect.
But we can prevent this nightmare scenario by reelecting Barack Obama and VP Joe Biden and progressives and moderates at every level of government who will work with the president instead of obstructing and filibustering everything. That means electing progressives and moderates in Congress and at the state, city and local levels.
An unemployment rate of 7.8 percent is great news, especially so close to the election. Just to parse it down some more — 873,000 Americans reported having jobs and employers created 114,000 jobs in September. That means the number of unemployed Americans is at 12.1 million, the fewest since Obama took office.
It is up to us to make sure the unemployment rate continues to decrease under President Obama. We must work hard to push Obama over the top this November. Make phone calls. Knock on doors. Talk to your neighbors and friends. Put up a lawn sign. Slap a bumper sticker on the back of your car. But most importantly, register to vote and then VOTE!
Here is Obama talking about today’s great news at my alma mater — George Mason University in Fairfax, Virginia.
[ Invalid YouTube link ]
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HankyGate 2012 approved.
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It's more like 20-23%. Many people fell off that were on unemployment and couldn't find new jobs. Funny how that bogus story gets people believing that horseshit
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So 7.8% unemployment is a success?
That's where we are now?
BRB, having conversation with 1997 doison where I try to convince him that in the future, 7.8% UE will lauded as a great success of the president...
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So 7.8% unemployment is a success?
That's where we are now?
BRB, having conversation with 1997 doison where I try to convince him that in the future, 7.8% UE will lauded as a great success of the president...
It is after the Republicans started two wars on credit.
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You guys realize 7.8% is not that bad right?
Are any of you affected by this on here? I highly doubt it.
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If you factor all the people back into the jobs report that have left the workforce because they just quit looking for work, went back to school because they couldn't find work, stayed in school because they can't find work and left the workforce because they went on "disability", the unemployment rate is over 10%.
The U-6...the number of people who are unemployed and employed part time while seeking full time work...remained unchanged at 14.7%.
http://www.businessinsider.com/the-unemployment-rate-drop-does-not-change-my-recession-outlook-2012-10
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(https://www.vdare.com/sites/default/files/imagecache/fullsize/images/James_Fulford/TheEmptyChair.jpg)
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It's also equally worth noting that the Republican strategy at a pivotal crisis in American financial history was not to fix the economy, not to create jobs, not to help Americans suffering, but to make the new President, who had yet to propose any legislation, a one term President.
Obama STILL was able to accomplish this roughshod over so many who would rather wield power than better their country.
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Prez. Obama will win, no doubt. romney has fucked himself too much.
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It is after the Republicans started two wars on credit.
It's amazing to me you call yourself a teacher. No wonder why our education system is fucked.
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It's amazing to me you call yourself a teacher. No wonder why our education system is fucked.
Pretty sure it was you who failed the education system, Coach. :-\
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Why bother discussing a number that is a fairy tale?
The drop from 8.1% to 7.8% in one month is not plausible - and Solis should have been fired immediately for releasing a fraudulent number like that based on such ridiculous assumptions.
There is no way in hell UE is 7.8% - by discussing it, idiots start giving this outright fabrication a shred of credibility.
For the obama presidency to stoop to this level after the debate trouncing is just sad. He has gone beyond incompetent and pathetic, to just sad. His dick swinging followers really should be embarrassed to support a clown like him. The irony is that the stupid are the last to realize they're stupid.
7.8 is bullshit and can't be described ANY other way.
(And retard TBombz still let's fat, sweaty men assfuck him for $20 wee money)
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Why bother discussing a number that is a fairy tale?
The drop from 8.1% to 7.8% in one month is not plausible - and Solis should have been fired immediately for releasing a fraudulent number like that based on such ridiculous assumptions.
There is no way in hell UE is 7.8% - by discussing it, idiots start giving this outright fabrication a shred of credibility.
For the obama presidency to stoop to this level after the debate trouncing is just sad. He has gone beyond incompetent and pathetic, to just sad. His dick swinging followers really should be embarrassed to support a clown like him. The irony is that the stupid are the last to realize they're stupid.
7.8 is bullshit and can't be described ANY other way.
(And retard TBombz still let's fat, sweaty men assfuck him for $20 wee money)
Ha! There's always room for a Parthian shot. ;D
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Ha! There's always room for a Parthian shot. ;D
The drop from 8.1 to 7.8 would be the greatest monthly increase in employment since Ronald Reagan's recovery in 1983. It simply is NOT plausible.
And TBombz gets high and lets old fat, sweaty men assfuck him so they can experience something new and in his opinion "not immoral". That is fact.
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The drop from 8.1% to 7.8% in one month is not plausible - and Solis should have been fired immediately for releasing a fraudulent number like that based on such ridiculous assumptions.
Why isn't it plausible? Which assumptions are ridiculous? What exactly is fraudulent about the numbers?
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I don't like the numbers= it's a conspiracy.
I like the numbers= legit.
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As already mentioned, the article in the OP is disingenuous because it doesn't use U-6 unemployment. Benny is just trolling but it's sad that the author of the article is genuinely convinced that a slightly lower U-3 somehow constitutes a significant accomplishment.
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I don't like the numbers= it's a conspiracy.
I like the numbers= legit.
You just made the no-fly list, Mister.
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Why isn't it plausible? Which assumptions are ridiculous? What exactly is fraudulent about the numbers?
Students taking part-time summer employment are not full-time jobs, seasonal hiring for 1-2 month periods is not full-time employment, people stopping looking for work does not make them employed, the increase in people collecting disability is not a coincidence - they move from entitlement dole to another.
You cannot draw a definitive conclusion on a sample size well under 60,000 people when the entire work force (set) numbers well over 100 million people.
Any idiot (except for a brain dead liberal - redundancy noted) can look around and see there is no way in hell this economy is growing or recovering.
Now.....you defend the numbers. Show exactly where the work force and full-time employment are growing, use payroll examples.
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You just made the no-fly list, Mister.
Shit!
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Students taking part-time summer employment are not full-time jobs, seasonal hiring for 1-2 month periods is not full-time employment, people stopping looking for work does not make them employed, the increase in people collecting disability is not a coincidence - they move from entitlement dole to another.
You cannot draw a definitive conclusion on a sample size well under 60,000 people when the entire work force (set) numbers well over 100 million people.
Any idiot (except for a brain dead liberal - redundancy noted) can look around and see there is no way in hell this economy is growing or recovering.
Now.....you defend the numbers. Show exactly where the work force and full-time employment are growing, use payroll examples.
Pretty sure this is how Rick Perry runs the Texas numbers, Mister Nut. ;D
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Shit!
Garebear.....you're an obama apologist, be honest, how did you feel in the pit of your stomach watching him get his ass kicked in the debate a few days ago?
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Pretty sure this is how Rick Perry runs the Texas numbers, Mister Nut. ;D
So September 2012 was the greatest monthly economic recovery since Reagan in 1983?
Fuck....you obama drones will believe anything that's spoon fed to you.
Go ahead - someone explain why the Labor Bureau chose to re-do the July and August 2012 numbers in late Septenber? Go ahead - give a valid reason, that doesn't involve an incumbent president never being re-elected when UE is > 8%.
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Garebear.....you're an obama apologist, be honest, how did you feel in the pit of your stomach watching him get his ass kicked in the debate a few days ago?
I thought Obama was too restrained, but that's happens when you stick to the truth.
I expect big things in the next debate.
Obama now is, as the saying goes in the Old West, well heeled.
Looking forward to it.
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So September 2012 was the greatest monthly economic recovery since Reagan in 1983?
Fuck....you obama drones will believe anything that's spoon fed to you.
Go ahead - someone explain why the Labor Bureau chose to re-do the July and August 2012 numbers in late Septenber? Go ahead - give a valid reason, that doesn't involve an incumbent president never being re-elected when UE is > 8%.
Troll bait taken hook, line, and sinker.
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Many economists have been on saying the readjustment will not favor Obama.. They have said you don't have that big a jump.. Now thAtbeing said many stores are hiring part time seasonal help going into Christmas.. But I would be willing to bet that the report a week before the election will not be in obamas favor..
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So September 2012 was the greatest monthly economic recovery since Reagan in 1983?
Fuck....you obama drones will believe anything that's spoon fed to you.
Go ahead - someone explain why the Labor Bureau chose to re-do the July and August 2012 numbers in late Septenber? Go ahead - give a valid reason, that doesn't involve an incumbent president never being re-elected when UE is > 8%.
Lies, damned lies and statistics, I suppose. But you brought up the numbers, the onus is on you to disprove them, rather than to go on your usual GOP phlegm-filled beserker.
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Lies, damned lies and statistics, I suppose. But you brought up the numbers, the onus is on you to disprove them, rather than to go on your usual GOP phlegm-filled beserker.
Bullshit, the onus is on the party that released these numbers in the first place. Most liberals don't even believe this. The numbers don't add up to lower the UE percentage. In the days before it was projected to go up to 8.3% and as I said before, after no show debate from the Obama himself that led to getting his clock cleaned, it magically went down to 7.8% after what? 43 months? Chimps, as smart as you come off I don't think you even believe it and just trying to start shit. This administration has a history of blatant lies and manipulation. Are you kidding me?
As a person and as a President, in all honesty I wouldn't trust his around my kids. He's not a good president nor is he a good person.
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Lies, damned lies and statistics, I suppose. But you brought up the numbers, the onus is on you to disprove them, rather than to go on your usual GOP phlegm-filled beserker.
Would have been easier if you had just admitted you have no fucking clue...
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Would have been easier if you had just admitted you have no fucking clue...
Still waiting on those numbers, Mister Nut. Maybe get that BP under control first. ;D
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Honest question. What is the point of saying "fuck you" on the internet?
I really don't get it.
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I thought Obama was too restrained, but that's happens when you stick to the truth.
I expect big things in the next debate.
Obama now is, as the saying goes in the Old West, well heeled.
Looking forward to it.
Well if Romney wasn't being honest as you and other brain dead Libs are claiming - why didn't obama correct him with the "truth" right there and then on stage? Why wait 3 days and do it at a lib pep rally in Ohio?
In the next debate obama will have to defend his record....and you think he is well heeled? Christ, once obama starts down that path Romney will be offering the incompetent community organizer up as a human sacrifice.
Debate #2 will be a far worse beating for obama - and he will tuck tail, run and pout. I can't wait!
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Honest question. What is the point of saying "fuck you" on the internet?
I really don't get it.
Fuck you.
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Honest question. What is the point of saying "fuck you" on the internet?
I really don't get it.
Because typing "I despise you and every fucking thing you stand for and want to light you on fire so I can piss on you and hear it sizzle" takes too long.
;D
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Well if Romney wasn't being honest as you and other brain dead Libs are claiming - why didn't obama correct him with the "truth" right there and then on stage? Why wait 3 days and do it at a lib pep rally in Ohio?
In the next debate obama will have to defend his record....and you think he is well heeled? Christ, once obama starts down that path Romney will be offering the incompetent community organizer up as a human sacrifice.
Debate #2 will be a far worse beating for obama - and he will tuck tail, run and pout. I can't wait!
Romney to Obama - "Why did you kill that ambassador and marines in Libya"?
Obama....game over!
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Bullshit, the onus is on the party that released these numbers in the first place. Most liberals don't even believe this. The numbers don't add up to lower the UE percentage. In the days before it was projected to go up to 8.3% and as I said before, after no show debate from the Obama himself that led to getting his clock cleaned, it magically went down to 7.8% after what? 43 months? Chimps, as smart as you come off I don't think you even believe it and just trying to start shit. This administration has a history of blatant lies and manipulation. Are you kidding me?
As a person and as a President, in all honesty I wouldn't trust his around my kids. He's not a good president nor is he a good person.
Of course he's surfing on these numbers - that's one of the perks of being an incumbent. His debate showings I'd class as poor. The GOP has made a cottage industry about lying and manipulation, so that's a push. But the comment about his character and being around your kids is the extra (unneeded) bit that gets you the attention you seek, like 3.14. Politics is the personal, I guess. :-\
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Still waiting on those numbers, Mister Nut. Maybe get that BP under control first. ;D
BP.....fuck, you clowns can't get me riled up. Anyone who is President of the Occupy TBombz's Anus movement barely catches my attention.
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Of course he's surfing on these numbers - that's one of the perks of being an incumbent. His debate showings I'd class as poor. The GOP has made a cottage industry about lying and manipulation, so that's a push. But the comment about his character and being around your kids is the extra (unneeded) bit that gets you the attention you seek, like 3.14. Politics is the personal, I guess. :-\
Wasn't to get attention. I truly feel that way. He's an evil person. There's a difference between a Democrat, liberal and extreme leftist. He's waay beyond an extreme leftist.
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BP.....fuck, you clowns can't get me riled up. Anyone who is President of the Occupy TBombz's Anus movement barely catches my attention.
I'll bet dollars to donuts you have that office on your speed-dial.
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Because typing "I despise you and every fucking thing you stand for and want to light you on fire so I can piss on you and hear it sizzle" takes too long.
;D
Damn, you're super tough.
Where did you break your teeth?
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Wasn't to get attention. I truly feel that way. He's an evil person. There's a difference between a Democrat, liberal and extreme leftist. He's waay beyond an extreme leftist.
Well, that's just loony. You know that, right? If you want a character reference, I'm pretty sure his one (1) marriage of 20 years stands for something. Or, it used to. :-\
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Wasn't to get attention. I truly feel that way. He's an evil person. There's a difference between a Democrat, liberal and extreme leftist. He's waay beyond an extreme leftist.
Obama's extreme left?
Coach, you really are listening and watching too many biased sources.
You need to come back down to Earth.
It's not too late.
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Damn, you're super tough.
Where did you break your teeth?
Chicago.....now fuck off you stupid Lib fuck!
;D
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Chicago.....now fuck off you stupid Lib fuck!
;D
Haha.
Chicago.
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Chicago.....now fuck off you stupid Lib fuck!
;D
Do you mind if I use that?
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Well, that's just loony. You know that, right? If you want a character reference, I'm pretty sure his one (1) marriage of 20 years stands for something. Or, it used to. :-\
Then why does obama use Bill Clinton to try to establish credibility?
You clown shoe Libs make this too easy.
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I'll bet dollars to donuts you have that office on your speed-dial.
You don't need to memorize it.....the number is written on every bathroom stall you've ever serviced men in. When you're on your knees just look up next time, should be there somewhere.
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Then why does obama use Bill Clinton to try to establish credibility?
You clown shoe Libs make this too easy.
Hmm. I would guess it's Clinton's high approval numbers, not his lying or sexcapades. Clown shoe libs!? Nice. ;D
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You don't need to memorize it.....the number is written on every bathroom stall you've ever serviced men in. When you're on your knees just look up next time, should be there somewhere.
I think the bathroom stall stuff is strictly the preserve of Family Values GOP guys. Nice try, though. :-\
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Hmm. I would guess it's Clinton's high approval numbers, not his lying or sexcapades. Clown shoe libs!? Nice. ;D
Look, I'd use Clinton over Michelle too.....
The point is....obama has no one else to vouch for him; no teacher, priest, professor, former colleague, Fortune 500 CEO, coworker, peer group, lawyer, business partner, no one.
Only wolf Blitzer and Rachel Madcow......pretty damn pathetic.
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You don't need to memorize it.....the number is written on every bathroom stall you've ever serviced men in. When you're on your knees just look up next time, should be there somewhere.
So, he's gay and you're straight and you're superior?
Oh, OK. Got it.
Man, where do you come up with this stuff?
BTW, how is Jr. High?
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So, he's gay and you're straight and you're superior?
Oh, OK. Got it.
Man, where do you come up with this stuff?
BTW, how is Jr. High?
hahahahah garebear is a fag!!! ;D ;D ;D ;D
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Look, I'd use Clinton over Michelle too.....
The point is....obama has no one else to vouch for him; no teacher, priest, professor, former colleague, Fortune 500 CEO, coworker, peer group, lawyer, business partner, no one.
Only wolf Blitzer and Rachel Madcow......pretty damn pathetic.
Yeah, er, and all those no ones who elected him. ???
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hahahahah garebear is a fag!!! ;D ;D ;D ;D
That's it?
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So, he's gay and you're straight and you're superior?
Oh, OK. Got it.
Man, where do you come up with this stuff?
BTW, how is Jr. High?
Oh no.....I'm superior to you and TBombz in many ways.
Not just because you let tiny dicked, homeless, Asian men ravage your saggy old, prolapsed bumhole.
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Yeah, er, and all those no ones who elected him. ???
Well there is the Reverend Jeremiah Wright.....
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Oh no.....I'm superior to you and TBombz in many ways.
Not just because you let tiny dicked, homeless, Asian men ravage your saggy old, prolapsed bumhole.
Son, you can't hang with me.
You're not even in the same league.
You can talk shit here, and that's okay, it's no big deal.
But we both know the score.
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Well there is the Reverend Jeremiah Wright.....
Sure is, and yet Obama got elected. Next?
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Son, you can't hang with me.
You're not even in the same league.
You can talk shit here, and that's okay, it's no big deal.
But we both know the score.
Yes.....you suck dick - I don't.
Bring it Perez...
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Son, you can't hang with me.
You're not even in the same league.
If by that you mean he can't suck cock as well, or take dicks up his ass like you? Than no.... He's not in the same league!!! ;D ;D ;D ;D
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If by that you mean he can't suck cock as well, or take dicks up his ass like you? Than no.... He's not in the same league!!! ;D ;D ;D ;D
I can't believe it, an anonymous old semen receptacle, on the internet claiming he is tough.
Wonders never cease. ::)
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sounds like foot-tapping fun.
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couldn't care less who wins tbh, i had high hopes when he came in especially with his talk about getting tough and reigning in israel , the dummies even gave him a noble peace prize! has been business as usual as far as israel is concerned.
really doesn't seem to delivered very much on his promises, apart from possibly dragging the US a little bit closer to the civilised world with the introduction of universal healthcare.
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Everything about my party is perfect. Everything they do and say is always correct in every way.
Everything about the other party is evil and wrong. Everything they say and do is obviously incorrect to anyone who isn't retarded.
The news station that panders to my party gives the news without bias. This proves that my party is always in correct because the news shows that the other side is always wrong.
The news station that panders to the other party lies about the news every single time because it says the opposite of the truth, which I know is such because it is my station's version of events.
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sounds like foot-tapping fun.
You sound like you have a wide stance. ;D
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You sound like you have a wide stance. ;D
Gave himself away as a Chaos gimmick based on his wide bathroom stall stance. ;D
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Obama's extreme left?
Coach, you really are listening and watching too many biased sources.
You need to come back down to Earth.
It's not too late.
Prove me wrong.
Higher taxes
Muslim extremist sympahtizer
Universal health care
global wealth distribution
defund almost 1/2 our military
has marxists and terrorists as mentors
wants to (and has) government take over of auto industries (that has failed)
Want me to go on? I can.
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Prove me wrong.
Higher taxes
Muslim extremist sympahtizer
Universal health care
global wealth distribution
defund almost 1/2 our military
has marxists and terrorists as mentors
wants to (and has) government take over of auto industries (that has failed)
Want me to go on? I can.
I have to give you credit. You seem to have done ok for yourself given your IQ level. It's really astonishing. You should take the time to really educate yourself, start with everything you just listed.
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I have to give you credit. You seem to have done ok for yourself given your IQ level. It's really astonishing. You should take the time to really educate yourself, start with everything you just listed.
Feel free to discredit. You live in Canada, right?
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Feel free to discredit. You live in Canada, right?
I do,albeit have two offices in the U.S. in addition to Canada and do business globally. so I'm exposed to the idiosyncrasies of social and financial economics at an international level. I think when you travel and understand economics from a holistic sense you understand the way the world works a bit better. I'm never one to write paragraphs on here and I probably won't start here. Just take some time and read more, maybe travel to different countries. See if that changes your perspective. This is coming from someone who has definitely leaned more to the right politically.
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lol universal healthcare is hardly considered a far left ideal! just about every other country in the western world has it and the US is quite some way down the WHO country rankings for quality of healthcare too.
the fact is the insurance companies are ripping the sh@t out of everyone while the rest of the developed world enjoys universal healthcare at a far lower total cost per capita than the US system that has millions excluded.
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lol universal healthcare is hardly considered a far left ideal! just about every other country in the western world has it and the US is quite some way down the WHO country rankings for quality of healthcare too.
the fact is the insurance companies are ripping the sh@t out of everyone while the rest of the developed world enjoys universal healthcare at a far lower total cost per capita than the US system that has millions excluded.
So why can't someone like "The Coach" understand this? Also realizing Obama is doing something about it. My wife is a nurse practitioner, and also worked in the US for a year. She couldn't believe how blatant this was.
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So why can't someone like "The Coach" understand this? Also realizing Obama is doing something about it. My wife is a nurse practitioner, and also worked in the US for a year. She couldn't believe how blatant this was.
i dunno maybe cos even if you pointed out that the US spends near 20% gdp annually on healthcare and still has millions ineligible, whereas in europe the average is around 10% gdp and everyone has healthcare...they probably still wouldn't be able to grasp it?
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you are very naive.
you know glenn beck and limboo rush are actors, do you?
Great point. What was it again? Maybe I should have said "single payer" instead of universal?
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lol universal healthcare is hardly considered a far left ideal! just about every other country in the western world has it and the US is quite some way down the WHO country rankings for quality of healthcare too.
the fact is the insurance companies are ripping the sh@t out of everyone while the rest of the developed world enjoys universal healthcare at a far lower total cost per capita than the US system that has millions excluded.
Fucking wow.
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(https://www.vdare.com/sites/default/files/imagecache/fullsize/images/James_Fulford/TheEmptyChair.jpg)
Haha. That's pretty damn funny!
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i dunno maybe cos even if you pointed out that the US spends near 20% gdp annually on healthcare and still has millions ineligible, whereas in europe the average is around 10% gdp and everyone has healthcare...they probably still wouldn't be able to grasp it?
Bump
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Will Obama Ride 7.8% Jobless Rate to Reelection?
By Josh Marks
The Denver debate should be a distant memory after today’s jobs report that the unemployment rate fell to 7.8 percent. That is the jobless rate when Obama took office in January 2009 when he inherited the worst economic disaster since the Great Depression. Seven sounds a lot better than eight and much, much better than the peak of 10 percent in October 2009. Significantly, in the mind of the American public, 7.8 percent sounds closer to the 7.2 percent unemployment figure that Ronald Reagan rode to reelection in 1984.
What Obama has achieved trumps Reagan because he inherited a global economic meltdown not seen since 1930. And Reagan wasn’t up against a hostile Republican Congress hellbent on his destruction. Despite all Obama was up against, he managed to pass Keynesian stimulus in the American Recovery and Reinvestment Act that was actually bigger than FDR’s New Deal. The unemployment rate could have been even lower had it not been for right-wing state governors implementing draconian public sector cuts and austerity-obsessed, obstructionist congressional Republicans blocking the American Jobs Act.
But despite an entire political party putting rigid ideology above the good of the country and global events out his control, President Obama has America headed in the right direction in terms of jobs and the economy. He must be reelected to finish the job and keep America moving forward.[/b]
Republicans keep falsely claiming that Obama is bringing European-style socialism to America, but it is the Republicans who want to bring Europe’s disastrous austerity measures to our shores.
And how is austerity working across the Atlantic?
Eurozone unemployment is at a record high with almost 18.2 million people out of work and an unemployment rate of 11.4 percent. Austerity measures are slowing down economic growth in Europe. The unemployment rates in Spain and Greece are both 25 percent as both countries have instituted massive spending cuts that has prolonged the pain. This is what Mitt Romney, Paul Ryan and the Republican Party would like to bring to the United States.
With Romney’s first term consumed with rolling back all the progress Obama and the Democrats have made — the Recovery Act, health care reform, Wall Street reform and more — and Ryan working with Republicans in Congress to make his anti-government budget fantasy a reality, America could see the unemployment rate start to increase again as European-style austerity measures take effect.
But we can prevent this nightmare scenario by reelecting Barack Obama and VP Joe Biden and progressives and moderates at every level of government who will work with the president instead of obstructing and filibustering everything. That means electing progressives and moderates in Congress and at the state, city and local levels.
An unemployment rate of 7.8 percent is great news, especially so close to the election. Just to parse it down some more — 873,000 Americans reported having jobs and employers created 114,000 jobs in September. That means the number of unemployed Americans is at 12.1 million, the fewest since Obama took office.
It is up to us to make sure the unemployment rate continues to decrease under President Obama. We must work hard to push Obama over the top this November. Make phone calls. Knock on doors. Talk to your neighbors and friends. Put up a lawn sign. Slap a bumper sticker on the back of your car. But most importantly, register to vote and then VOTE!
Here is Obama talking about today’s great news at my alma mater — George Mason University in Fairfax, Virginia.
[ Invalid YouTube link ]
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It's also equally worth noting that the Republican strategy at a pivotal crisis in American financial history was not to fix the economy, not to create jobs, not to help Americans suffering, but to make the new President, who had yet to propose any legislation, a one term President.
Obama STILL was able to accomplish this roughshod over so many who would rather wield power than better their country.
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Why isn't it plausible? Which assumptions are ridiculous? What exactly is fraudulent about the numbers?
Maybe because GDP is shrinking genius?
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I thought Obama was too restrained, but that's happens when you stick to the truth.
I expect big things in the next debate.
Obama now is, as the saying goes in the Old West, well heeled.
Looking forward to it.
LOL!!!! Another disastrous beating on the way for O-Thug
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never believe a statistic unless youve faked it yourself.
they should tell the people how much fully employed people there are.
unemployment figures can be messed with in too many ways.
oh, and how many of the employe have a decent wage.
They do...it's called the U-6 and it's released within the same report as the traditional unemploymet number. U-6...the number of unemployed people plus the number of people involuntarily working part time remained unchanged in September at 14.6. That is one of the reasons people looked at the "rosy" jobs report with some very heavy scrutiny
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http://www.aei-ideas.org/2012/10/why-gallups-chief-economist-says-the-big-drop-in-the-unemployment-rate-should-be-discounted
Even Gallup says the numbers are bogus.
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They used the household survery which is very dubious at best.
The U6 did not move one bit meaning that the better indication of the overall job situation stayed the same.
1. Uh....
(http://s19.postimage.org/h6wpb8ve9/Untitled_1.jpg)
So, the question remains, what evidence is there that the Bureau of Labor Statistics falsified data?
2. Dennis Jacobe simply states that the numbers are "surprisingly large" and proceeds to defend Gallup's alternative measure for the employment situation. Nothing here constitutes evidence of manipulation on the part of the BLS.
3. One thing you can justifiably point toward is the Administration and media's use of the U-3 rather than U-6 jobs numbers. This is a very disingenuous practice. But this is a separate issue from whether the BLS forged such data.
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There isn't sufficient GDP growth to support such a large increase in employment. In 1983, when a similar jump in employment took place, GDP was growing at a 4.5% annual rate. Right now, were at a 1.7% growth rate. There just isn't the economic expansion present to cause that kind of jump.