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NewsCenter28

(1,835 posts) Fri Dec 5, 2014, 08:20 PM Dec 2014

Stock Market at all time high, oil prices at all time low, 300,000 jobs created, NASA doing well but

the GOP picked up multiple house/senate and governorship seats last month. Any other President with this record would have 75% approval! Only 1 reason why he doesn't. One word. R-A-C-I-S-M.

Let's call a spade a spade here people.

P.S.: Unemployment at 5.8%! Shrub at way higher approval at 7% unemployment!

Edit, oh yeah:
1. Popular sweeping Immigration reform being implemented.
2. HCR, the president's #1 accomplishment, going swimmingly and much better than expected.
3. Sweeping US-China climate change deal to reign in this crisis just reached!

His approval ratings are inexplicable unless we look at the dark underbelly of American life.

4 replies

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Stock Market at all time high, oil prices at all time low, 300,000 jobs created, NASA doing well but (Original Post) NewsCenter28 Dec 2014 OP

Three words Racism, corporate media. Fox news didn't have anything about the glowing jobs report okaawhatever Dec 2014 #1

a spade a spade ? olddots Dec 2014 #2

There is another reason. earthside Dec 2014 #3

Full Time Employment Is Still In the Dumps econoclast Dec 2014 #4

okaawhatever

(9,462 posts)

1. Three words Racism, corporate media. Fox news didn't have anything about the glowing jobs report

Reply to NewsCenter28 (Original post)

Fri Dec 5, 2014, 08:22 PM

Dec 2014

on their website earlier. Instead they had an article bashing Clinton for saying something about respecting our enemies (completely taken out of context of course). Americans can't approve of what they don't know.

olddots

(10,237 posts)

2. a spade a spade ?

Reply to NewsCenter28 (Original post)

Fri Dec 5, 2014, 08:23 PM

Dec 2014

Not going to touch this .

earthside

(6,960 posts)

3. There is another reason.

Reply to NewsCenter28 (Original post)

Fri Dec 5, 2014, 08:27 PM

Dec 2014

Middle and working class wages are stagnant.

This is not Pres. Obama's fault, but the reason his approval rating isn't higher and the reason the right direction-wrong direction poll numbers are still upside down is because 90 percent of us are still falling behind economically.

Racism is very real in this country, but the continued strength and power of the plutocracy is responsible for most of our bad feeling.

econoclast

(543 posts)

4. Full Time Employment Is Still In the Dumps

Reply to NewsCenter28 (Original post)

Fri Dec 5, 2014, 09:39 PM

Dec 2014

We LOST 150,000 Full Time jobs last month.

Full-Time employment DECLINED by 150,000 in the most recent employment report.

Employed, Usually Work Full Time:
Oct - 119,632,000
Nov - 119,482,000

A decline of 150,000

Numbers come from the Household survey...the same data set that the Unemployment Rate comes from.

They are easily accessible via the St Loius Fed's website. Data is Series LNS12500000.

http://research.stlouisfed.org/fred2/series/LNS12500000

In fact, looking at this data series for Full Time employees we see that the high water mark for Full Time Employment was way back in November 2007 when Full Time Employment hit 121,876,000

We are STILL 2.3 MILLION Full Time Jobs short of that all time high. And lost 150,000 full time jobs last month.

Still lots of work to do.

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