2016 Postmortem
Related: About this forumRomney: Jobs Report ‘Sad Reminder’ Of State Of Economy
BENJY SARLIN 9:12 AM EDT, FRIDAY NOVEMBER 2, 2012
Mitt Romney is less than enthused by Friday's better-than-expected jobs report, which estimated that 171,000 jobs were added in October, revised previous months' job numbers significantly upward, and ticked the unemployment rate up slightly to 7.9%.
Todays increase in the unemployment rate is a sad reminder that the economy is at a virtual standstill. The jobless rate is higher than it was when President Obama took office, and there are still 23 million Americans struggling for work. On Tuesday, America will make a choice between stagnation and prosperity. For four years, President Obamas policies have crushed Americas middle class. For four years, President Obama has told us that things are getting better and that were making progress. For too many American families, those words ring hollow. We can do better. We can have real economic growth, create millions of good-paying jobs, and give middle-class families the security and opportunity they deserve. When Im president, Im going to make real changes that lead to a real recovery, so that the next four years are better than the last.
frazzled
(18,402 posts)To the rest of us, it's happy proof that we are moving in the right direction, and should continue to move forward with the policies the Obama administration has put into place. Not go back to the failed policies of the past that got us into this messthe policies you are advocating.
BeyondGeography
(39,374 posts)Life Long Dem
(8,582 posts)Romney would drive the car back into the ditch.
Guy Whitey Corngood
(26,501 posts)txdemsftw
(461 posts)Poor Mitty...reality hurts, doesn't it?
Mz Pip
(27,451 posts)Except for the partisan hacks at Fox.
Democratopia
(552 posts)It is a very sad reminder of the state of the economy when Obama first came to office - 800,000 jobs lost a month and here we have news of another 260,000 jobs in October and revisions to the previous two months.
It is also a very sad reminder of how bad the job situation would be if Mitt Romney became president, with austerity measures that, as we have seen in Europe, would kill the recovery in its tracks.
stopbush
(24,396 posts)That FACT is that the unemployment rate on January 1, 2009 was 7.8%.
The FACT is that the unemployment rate on February 1, 2009 was 8.3%.
The FACT is the President Obama "took office" on January 20, 2009 - exactly 13 days before the February unemployment numbers were starting to be calculated.
There is no way that unemployment was 7.8% "the day Obama took office," and that it jumped a full half point in 13 days.
The truth is that the unemployment rate was around 8.1% the day President Obama took office...
which makes Rmoney's latest statement just another LIE in a long string of lies.
wt1531
(424 posts)Mitt Romney is a sad reminder of a desperate and losing politician
Light63
(233 posts)Did he mean 23 million Americans are still looking for work? Ever since July, the economy has been added roughly 170,000 jobs a month, while his company Bain Capital has not helped the economy at all by selling American jobs and companies to China!
TIA
stopbush
(24,396 posts)who have supposedly stopped looking for work. The actual number of people unemployed in this country is around 12-million, IIRC.
BTW - the only reason the figure ticked up from 7.8% to 7.9% is that more people have REENTERED the job market. They've decided that the job market is improving, so they're out looking for work, rather than being counted among the "given up looking" segment of the population.
Mike Daniels
(5,842 posts)Bain offshored most of the companies where employees made a living wage.
At this point the big "success" stories Mitt and his staffer throw out are service-industry/retail companies where the general wage is going to be minimum-wage or pretty close.
Sunlei
(22,651 posts)[link:|