A month ago, the jobs report for July exceeded expectations are generated a new round of economic optimism. This morning, the jobs report is largely the opposite, falling short of expectations and offering another sober reminder about the long slog.
The new figures from the Bureau of Labor Statistics shows the U.S. economy added 96,000 jobs in August, short of the 125,000 expected. The unemployment rate dropped from 8.3% to 8.1%, and while that may seem encouraging, the figure is misleading -- the "improvement" isn't the result of more jobs; it's the result of fewer people in the workforce.
As is nearly always the case, there was a gap in the public vs. private sectors -- American businesses added 103,000 jobs last month, while the government shed another 7,000 jobs. In terms of revisions, what makes today's figures especially disappointing is that both June and July totals were revised in the wrong direction.
For context, I'd note that so far in 2012, the economy has created 1.11 million jobs -- 1.2 million in the private sector -- which isn't even close to being good enough, but the total is already better than five of the eight years of the Bush/Cheney era.
Above you'll find the chart I run on the first Friday of every month, showing monthly job losses since the start of the Great Recession. The image makes a distinction -- red columns point to monthly job totals under the Bush administration, while blue columns point to job totals under the Obama administration.
Update: Here's another chart, this one showing monthly job losses/gains in just the private sector since the start of the Great Recession.
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Cue Romney and that @!$%# eating grin. So happy about "bad" news.
The Republicans are going to be non-stop with the crap machine on the Sunday shows.
Psst, they won't wait til Sunday. As I write this I'm sure that they are having a "planning" meeting to issue the new talking points, news at noon.
robme the job destroyer. I hope people understand thoroughly what Bain and his robber barons were doing. That needs to be explained over and over. robme has no clue how to create jobs. He is the poster boy for job destroyer.
Zeta, this is exactly what the Republicans wanted. They have done everything in their stinky power to stop President Obama from being successful. They have refused to vote on the jobs Bill and any other Bill that would bring jobs to this country. They are a sick bush and if we let them, they will take us back to the same old outdated laws that got us in this mess.
They are a bunch of evil old white men who are fighting for power by any means necessary. Tell me one thing, why in the hell does this Robme (Romney) has so many Swiss banking accounts, money in the Cayman Island, and has pioneered the jobs out of this country and in to Mexico, India, and China. Who in God's name wants this anti-American for our President? Have we, as a people, are stooping so low with our hate, that we are willing to sell our country away to people like Robme? May God have mercy on all of us.
I'm a blue dog Democrat/Independent voter. This is sad......an unemployment that goes down because the people that just quit looking for employment are not counted in the statistics. I don't know what Joe Biden is thinking by saying that "we have turned the corner".
Short of expectations if you believe in the current leadership, not necessarily unexpected if one doesn't. Despite ones partisan bias its bad news and for the 360k people who gave up finding a job. We need something we don't have, leadership.
Some might say it was his policies that stopped him from being successful, could it be possible or is it inconceivable? When one points the finger of blame 3 are pointing back at them.
Then please explain why, when President Obama put forth bill written by, co-sponsered by Republicans, they blocked them. More than 10 such bill. Explain why Republicans were for a bill right up until the time President Obama decided it was a good idea. Even their own bill, they filibustered. We'd like to get you explanation.
All you're going to hear are crickets Larry, or just more lies and BS spin.
School starts in August or mid-September. I wonder how many of those 360,000 people who "gave up looking for work" are college kids returning to their regular pursuit: being a student.
How can adding 100,000 + jobs be bad news? It is sure better than losing 100,000 jobs is it not?
New line......sell you on the idea you don't need a college education......you need a trade education.....so you can work for lower wadges without a union.....keep you in slavery working for them......Don't want you going to college so you can learn to think for yourself.
The new sign is a base ball mitt......that says Mitt......funny though they made only BLUE ones. ROTFFL..... don't they know their party colors are RED?
After watching the Dem convention, I feel pretty good about voters getting out there and voting. They know it was Bush that got us into this and the Reps in Congress that have blocked Jobs and Transportation bills that would have provided jobs for over a million people. The public isn't as stupid as Romney thinks and after he and Ryan get their butts kicked in the debates, they'll be whimpering like babies!
ifor- I am comfortable with Obama taking your lead and celebrating the current jobs report. But- if I were you, I wouldn't hold my breath on anyone else sharing your opinion. I hope they do- cause it is obviously a loser.
I just don't understand how Republicans could filibuster so many times without actually filibustering. I bet if they were forced to talk for several hours a couple of times they would cut that crap out. Please someone enlighten me. I sent a message to Harry Reid asking the same question, suggesting that they be forced to actually filibuster and maybe that cure the obstructionism. I would like the Democrats to grow a pair and actually get a jobs bill passed. Am I asking too much?
TeeVee has shortened our expectations to half an hour- less, with the commercials taken out. Commercials themselves have gone from 60 to 30 seconds, and now we get 15 second versions of their longer parents!
Given all that, it is no wonder we want any and all problems in the "Real World" wrapped up by suppertime!
It took a loooong time to dig this effin' deep hole, and filling it in will NOT happen by suppertime!
That wasn't the story 4 years ago. How can someone be so wrong during the last campaign and so right now?
Ask Mitch MCConnell that question.
I believe it's important to remember exaclty when the real extent of the crisis becamne clear ... after the election and before Mr. Obama took office. During the election NO ONE had any idea how bad it really was or could have predicted the time it would take to recover. But isn't the real question not "how fast are we recovering?" but "how did we get there in the first place? " Whether you count the current situation as recovering or not do we really think that returning to policies that caused this mess is the answer to resolving it? Insanity is doing the same thing and expecting different results.
Exactly Mark.
We still could have had a faster recovery if the Reps in Congress hadn't fought him tooth and nail on everything!
http://thinkprogress.org/economy/2012/09/07/812251/republicans-blocked-jobs-act-one-year/?mobile=nc
On September 8, 2011 — one year ago tomorrow — President Obama laid out a series of policy proposals known collectively as the American Jobs Act. The plan included stimulus spending in the form of immediate infrastructure investments, tax credits for working Americans and employers to encourage consumer spending and job growth, and efforts to shore up state and local budgets to prevent further layoffs of teachers, firefighters, police officers, and other public safety officials.
The American Jobs Act never became law, however, because Republicans opposed it from the start, blasting it as another form of “failed stimulus” that wouldn’t help the economy. (They ignored the fact that the first “failed stimulus,” the American Recovery and Reinvestment Act, wasn’t a failure at all.) One month later, the GOP blocked the bill in the Senate, preventing the creation of more than a million jobs and the added growth that multiple economists predicted would occur if the bill passed.
By Travis Waldron on Sep 7, 2012 at 11:15 am
Well, there's goes THAT convention bounce!
Still the electoral numbers seem to be unbeatable for Obama, absent an Israeli strike on Iran.
He did mention Israel, you must not have been listening! Iran??? God help us if we start another war! We can't afford it!
not us, the Israelis
But that is exactly what McCain was spouting off about at the rnc and robme saber rattling with Russia and Iran. These people are dangerous. This party is dangerous. Obama has done an excellent foreign policy job with Hillary as our Sec.of State leading the team. Easy for the rethugs to try to insert us in another war, especially when they have no kids ( no skin in the game ) in harm's way. War only helps all their big corporations buddies, ie Halliburton etc.
Slow but sure..... that's a healthy recovery. What the article does not say is that there are billions of dollars on the sidelines, many companies and corporations NOT hiring on purpose.... to make sure "Obama fails" to those companies I say, shame on you!
Wow, the what great insight, you could be the new Sandy Fluke.
Get your head out of the kool aid and realiz it is obama's policies or lack of them that are creating this mess. He was over his head as a senator and he is way over his head a President.
Great how he can spout foreign policy expereince just because he goes on a world wide apology tour and takes credit for nailing bin laden using GW Bush intel and he was such a strong presence in Libya, Syria & Egypt that we do not have to worry about the Muslim Brotherhood taking control and turing them in the new Iran's.
Oh that's right he won the Nobel Peace prize, he was not supposed to get involved and he was supposed to apologize for the USA Greatness which he has attempted to grind down to nothing.
Yep, those damn companies holding money back because they want to defeat Obama....
'We will make obama a one term President"...Mitch McConnell'.
"Nothing will pass this senate"....Mitch McConnell
Mitch McConnell, John Boehner, Eric Cantor and other teabagger 'leaders' have a meeting the night of Obama's inauguration where they all agree to a pact to block Obama's every move.
Unrealistic, If your boy bush had all that Intel, why didn't he go after him and serve justice like Obama did? FOS once again dumbass.
And how did Romeny's disastrous foreign policy tour go again? Insulted one of our biggest allies? Robme wishes he had the Presidents skill on foreign affairs.
As for companies holding back? I wouldn't doubt it for a sec. I mean, look at what kind of pond scum you teabaggers are? You pricks are capable of anything.
Why do you teabaggers HATE America?
CubanMom,
I have thought this for some time. It would be in their vested interest to see Romney as president and then they'll call in their bets. And we all lose. Wall St. backing away from Obama? That should tell you something. They want deregulation and Romney will give it to them.
I suspect the number might be revised next month. I notice the other tracking group show better numbers. All of the indicators point to about 125,000 or better.
Their won't be a bounce because of the tight nature of the electorate and the fact that the election is only being competed in a handful of states. The rest of us are on our own. I want a 50 state strategy. All Americans should have a voice.
When you look at the August numbers for 2010, 11, and 12, you can see that August has been a low jobs month each year and each August has been followed by increasingly higher jobs' gains the next six months. Pass the Jobs Act and watch the numbers grow. Look at how the Market responded to the European bank help and I think numbers will indeed both be readjusted and increased in the coming months. The President's plan will work if given the chance and the Chamber of Commerce decides to support America once again.
96k isn't all that surprising is it, given that ADP numbers were at 135k for non-farm payrolls and they generally lack official numbers by an average of 45k the WSJ reported this AM before the Bureau statistic was released. On another note, would it be possible to extend the graph back a few more years, it might give better context to compare against. I'm convinced we've turned around, and you note that we're already doing better than 5 of the 8 Bush II years. You've given us a comparison point for really bad, we've beaten that, but what does normal look like, what does good look like.
Yes great economic numbers. We need four more years of this. I can't wait for Obummer to be re-elected so we can all be economically destroyed by his stellar economic plan. Even the hack blog author here can't run these numbers to spin so that they look "good".
Hope and a few pennies change, that is what we got with Obama. What's the gas prices in YOUR town/city? Mine are $3.89 for rural NH. Thanks Mr President. Can we please have Jimmy Carter back?
Can we please have a Congress that actually does something instead of filibuster and vote literally dozens of times on a bills that will never be signed? They cry "Jobs jobs jobs" but then refuse to write, debate, or vote on bills that create jobs.
Hey Pat where you been ? There has been a deficit in our trollery . What was Mitts economic plan again??? I can't remember what he said .
Was it more tax cuts for millionaires? Sit and wait for the trickle .
Going back on your posts you seem to be compulsively obsessed about gas prices .
You must be a little short on cash if 10 bucks a tank makes a big difference in your life . You should ask your boss for a raise , or ask those multinational oil companies to subsidize your fill ups just like we subsidize them with a tax break.
Failing that talk to your representative about regulating speculation...the real cause for gas hikes .
Yeah in 2010 when all the TeaParty candidates got voted in, all we heard was they were about jobs, jobs, jobs. Since then, all I've seen them try to legislate is what a woman can do with her body. Some small government, there, right? And where are the jobs, Mr Boehner and Mr Cantor? Nothing but NO from your crowd either.
I would rather have 4 more years of slow change rather than 4 years of Rotting Romeny changing the job growth trend back into the red. Based on the chart CHANGE AND HOPE happened in Jan 09, and has steadily increased thereafter. Bear in mind that the right zealots and fear mongers elected a Party of No congress not long after that significant Jan 09 change to obstruct Obama's economic reform program. Therefore, those American's who elected the Party of No (241 filibuster to include a jobs bill) don't get to complain about an weak economy. They elected representatives who specifically to them and America that their sole purpose was to obstruct Obama and make him a one term president. However, in the face of this kind of unamerican obstruction, jobs are still being added. That to me is a very savvy leader and worthy of being President of the United States.
Rotten Romney and Lying Ryan on the other hand are the failed representatives who have done everything they can to keep the economy weak and now want to double down on trickle down. The House has failed the American people. Then again, they didn't because they told America that was exactly what they intended. Their plan is trickle down! Now look at the red on the chart and we see the benefits of trickle down. I'm for staying the course. Blue looks better than Red to me!
Also, I forgot to mention that gas in my community before Bush II was $2.89 a gallon, and after Bush II it has hovered at $4.00 a gallon and has gone as high as $4.40. If not for Obama, that would probably be more like $5.50 a gallon. You also have to bear in mind that Obama want to cut oil subsidies and save tax payers $53 billion dollars and the House (party of no) filibustered that bill as well. At the same time oil companies are reporting $485 billion in profits. So Pat, what's your point. My point is give the president a house that actually does something other than making a bunch of unsubstantiated sound bites.
The day President Obama took office gasoline was $1.84'
It has DOUBLED in the last 3 1/2 years
That is the FACT
The day President Obama took office a bunch of back room republicans were meeting like the old fashion Mafia, and hatching their devious plans......who had control of the gas prices???? you tell me......Their plan was put into action that very day, with no regards who really has to suffer..... the American People.the middle class and the poor. So put that
in your lack of facts pipe and smoke it.
Republicans don't care about running this country they want to RUIN THIS COUNTRY...... and what for.....so they can take down that one black man who is in charge, they are such bitter little animals they just can't stand it. Now don't accuse this white woman of being raises.....because I'm just stating that the republican can't see past that.
And the GOP killed the bill that would have stopped speculators from driving the price of gasoline up, but hey why let fact get in the way of your wines.
and I am sure that the two times that Bush was elected that all of the Democrats met in a convention center and said...let's do whatever it is that the President wants because he is the President. I mean, its not like the Democrats have ever thrown temper tantrums or anything when they don;t get their way.
Grow up people....neither party wants the other party to have success. If you think this type of activity only happened for the first time with the Republicans, you are more stupid than Whom...and that is saying something...
just saying..
FOS once again Stormtrooper. When the dems set the record for the number of obstructionist Filibusters then you may have an argument. Until then you just make my point on how useless the teabagger congress is every day. Dumbass.
Good avoidance and deflection as always JIT....too bad you can't face the facts.
I guess you are proud of your party for the way it suppressed the vote of almost 50% of the people at the convention who voted NO in regards to putting the word GOD back into the platform.
The hypocrisy from the left continues on...
just saying..
The Day Obama took office the economy was in a tailspin. That is the only reason gas prices dropped. The oil speculators who use very little of their own money were scrambling to save their ASSEtS.
*bangs head against wall*
It is always difficult to create jobs when only half the government is interested in doing so. I always wonder why the obstructionism is not mentioned in these reports. Democrats really need to sell that one.
McConnell and his cabal of sneaky thieves led by Bonehead and Cantor are doing everything they can to undermine the President. I call that TREASON. Why is this not being exposed ? Vote those skunks out of office now. If they can't win at the ballot box , they are trying to steal what they couldn't achieve on their own.
What about the first 2 years when the President also had a Democratic House and Senate?
try 133 days Pat...check the Benen post last week that documented that...4 months is not 2 years.
Judy
President Obama took over January 20 2009
The House changed after the 2010 Elections
patricahayes -
Putting all your comments in boldface doesn't make them any more forceful, truthful, or relevant.
patriciahayes . . . You obviously haven't been reading MaddowBlog very long. We had this discussion just last week.
The actual amount of time in which the Democrats had 60 votes in the Senate so that legislation could be moved without the Repubs was 73 days, not two years. Also remember that "60" included Lieberman, Ben Nelson, and Blanche Lincoln.
So are you also saying that the reason why the Democratic controlled Senate has
not come up with a budget for over 1,000 days is ALSO because a Republican
Fillibuster???
Last week, we added one more supporter to our fight for a constitutional amendment to overturn Citizens United: President Barack Obama.
The flood of corporate money in our elections is reaching uncontrollable heights. According to the Center for Responsive Politics, spending by independent groups through the end of August has exploded from $100 million in 2008 to nearly $300 million in 2012.
Elections have become more about the quantity of cash than the quality of candidates' ideas, and I have been fighting long and hard to restore some sanity to our democratic process. The President's support breathes new life into our cause, and we need to take advantage
Senate Democrats Work to Make the American Dream More Affordable Despite Efforts of the ‘Grand Obstructionist Party’
On the flip side of the coin, Benin will get his wish and QE is pretty much guaranteed now.
The jobless rate is 8.1% but 96K jobs were added. That is enough to employ a large city. I choose to look at the glass as half full. Give Obama 4 more years to get the job done.
Cassandra...
there are at least 300 cities/towns in the US with population over 96K and thousands of cities/towns with less than that many. Four more years of this means we have only addressed the needs of 48 towns. I think the other 85% of the country would like some attention also.
just saying..
I say not great but heading in the correct direction. think if America had help from all of congress and the governors, and stop the shading of public jobs we be doing better.
off DailyKos
Here's what the job growth numbers have looked like for August in the most recent 10 years:
August 2003: - 45,000
August 2004: +122,000
August 2005: +193,000
August 2006: +183,000
August 2007: - 18,000
August 2008: - 274,000
August 2009: - 231,000
August 2010: - 51,000 (worsened by Census layoffs)
August 2011: + 85,000
August 2012: + 96,000
Good post Pilotshark. That looks like Change and Hope to me.
When more people drop out of the workforce than the number of jobs created by over 3 to 1 its a rip roaring success, try selling that to the people.
Ever think of how many ppl are students that go back to school?
John that and one wonders how many ones not looking for work are also retirees now that the market has come back some and their retirements are some what back.
The unemployment rate in July of 2004, 2005 and 2006 was 5.5, 5.0 and 4.7 % respectively. given that is near full employment, Bush and the Republican Congress were able to create jobs in August of those years at an average of almost 167,000 jobs per month.
Obama has an unemployment rate of over 8% and can only produce 96,000 jobs.
just saying..
Go on and show the job loss rate in 2007 and 2008. Losing 700,000 jobs a month for almost a year all the way ten months into Obama's first term. Love how you morons pick and choose your facts and think we are as ignorant as you ppl are to believe them. I'll take gaing 96,000 to loosing 700,000 anyday.
JIT...I know it is way above you to be able to understand my point but here it was...At a time when there was near full employment, Bush's policies were able to help create approximately TWICE as many jobs per month as Obama's policies are able to creat when unemployment is about 50% higher.
just saying...
Part of the reduction in the workforce is the tsunami of baby boomers retiring. Over 350,000 per month are leaving the job force every month because they'd rather spend more time with grandkids and traveling than punching a clock. This is accelerating just because so many are now reaching retirement age; it has nothing to do with Obama or the economy. People who claim these are all people who've given up on finding a job are twisting the truth. To ignore boomer retirement is bad journalism. --Kenn Amdahl
I appreciate very much you raising this very important point.
Could you edit the last graph to show the lag created by the public sector job growth (or loss)? maybe with a shaded region? It might be a helpful addition
Well, I think the numbers are not as good as we all hope for but it is going to be a long road back from that deep hole the GOP dug for us. However, with cooperation across the isle and if we work together like we belong to the same country, we can do better. The GOP is selfish and detrimental to the middle class. We need a stronger middle class. The President needs more time and cooperation needs to be apparent from the hate we all feel by the GOP. PEACE Y'all
What hate are you referring to? How about Sharpton and Jackson spewing their racist platforms. Those two guys are the poster children for racism
Nope. I didnt see them spitting on people, throwing peanuts and yelling, thats how we feed animals, now did you?
Sharpton and Jackson are not elected representative following a mandate to make the President one term. Please post a partisan vote that defeats a bill sponsored by either of the two and I'll take that comment seriously. If not, nice trolling, but its a FAIL.
IrishPat - silly man (or woman) I don't believe your republican colleagues have any room whatsoever to attribute 'spin'.
But the point is that you, a repug are on here keeping an eye on our stuff. Good for you - that's what I do - I subscribe to Fox, and AP and I listen to Rush Limbaugh, so that I can at least say I try to counterbalance what I read and absorb from my preferred sites, like this one.
But, if you really want us all to get anywhere, we don't need people proving they can exercise their right to free speech just because - next time, please come on and dialogue with reasoned, thought out arguments. Spewing out your silly guts doesn't make you or your beliefs look 'good' either.
Hiring will pick up in Oct and November due to the Holidays. When I ran an ebay business in the summer my business went down. But in the fall went back up and stayed that way. This may not be a good comparison to those that hire people, but was a fact.
Part of the problem is business leaders are uncertain about the election. The bigger ones are hoping for a Repub win so they can continue or have even better tax breaks, and fewer regulations. Greed is always alive and well. Plus the press stoke the fires for instant gratification among Americans by always seeing the glass half empty and wanting instant results. No president in History has had the opposing party say they have no intention of voting for anything the President wants even if it helps the country. Couple that with the voter suppression in Repub state houses and you have the dirty trick crowd up to their usual tactics. Talk about unpatriotic, and frankly something that should sweep them out of office on a grand scale, but with the money machine behind them it won't. Obama must feel so discouraged. when he knows what he is up against.
Business leaders do not like Obama, simple as that. He has created uncertainty from Day 1.
Business leaders don't have to like the President, although we know they would love Romney who will be a president who will not hold them accountable. See, Romney doesn't stand for anything and will fall for anything. What we do know Romney standing for is profits and golden parachutes built on gutting companies and stealing peoples pensions that they have worked hard for. BTW, when did stealing and harming other Americans become so American?
Business are waiting to see if they will get more trickle down welfare and can continue to squeeze the life out of their workforce. Obama is holding businesses accountable for the tax breaks they get and they don't like.
News flash: The GOP did not create the hole we are in. A DNC controlled Congress did that. If Obama would have stayed away from Pelosi and started creating jobs right away he would be fine right now. Obama did not learn from Clinton that you have to lead from the middle, not the left or right.
Nearly every policy put forth was of GOP origin, Obama caved when executive order could have negated the congressional retards smoke over closing Guantanamo and restored habeas corpus in *Amercia, so you can put that one up as a real violation. You can't even begin to know what you're commenting about. Fox news flash, maybe... Gretchen's on, you better go flog your log in the ladies room..
Chad,
Isn't it a little bit early to "rewrite history"??? Most of us were around and paying attention and know what REALLY happened. Maybe you should peddle your story at Fox - they have REAL SHORT attention spans over there!!!
What news are you talking about chad? Post the link so I can read it for myself. Trickle down under Bush II, 2 unpaid for wars and another covert war on terrorist, and a spending spree of $15.4 billion created this economic dark hole.
chad - you argue that Congress was to blame under Bush, but now that the GOP controls Congress, the problems are all Obama's fault. That's convenient for you, but it's a false, shallow and transparent argument that doesn't fly among those of us who pay attention and remember the Bush years. The truth is that Bush wore out his veto stamp when the Dems controlled Congress, and signed most bills when the GOP held Congress. The Great Recession is indeed due to GOP policies from the Bush years.
You get used to it, the party that demands people to take personal responsibility refuse to hold themselves responsible for anything they have done since 1970.
KJ- exactly what GOP policies caused the recession? One post complains that Bush spent to much and that created the "economic dark hole"- I did not support the increase in spending authorized by congress during the Bush administration- but even so increased spending would not create a recession - just the opposite- increased government spending as in the case of the stimulus can soften (but not cure) a rescission-
Financial deregulation and loose monetary policy - products of the Bush Administration and GOP-led Congress - led to aggressive mortgage lending and credit extended by the banks. Remuneration incentives encouraged excessive risk-taking - the banks knew they could sell off paper through CDOs and other instruments and then just keep on lending. The cycle kept repeating itself to the point where households were borrowing and spending more than they could afford to pay back. It caught up to everyone eventually, and demand for products and services began to drop. This of course cause production declines, plant closings, and layoffs.
Now Romney wants to do it all over again and reregulate and loosen monetary policy. You think that will work?
Meant to say caused production declines, and deregulate, but ran out of editing time.
Considering no action by congress in months, not surprising.
Except for all the bills being written by lyinryan and akin to control women's bodies !
I wish a Republican had had to bear the brunt of the decision making when it came to Great Recession economic policy sometimes; you would have seen tax hikes like nobody's business (in the name of Ronald the Retard and the Grenada group), 3 more wars and an 80% unemployment rate if indeed the Republican in charge were part of the current bunch of science denying morons present. I'll take 8%, thank you very much although if the count-ry were to wise up I'd also like to see a Democrat landslide victory in November. I can dream as well..
This will be a 1936 election...not a 1980 or 2004. Roosevelt had not pulled the economy out of the depression, but voters realized it was heading in the right direction, and certainly did not want to revert back to what had caused it in the first place. This jobs number is a wash...not bad enough to help Romney, not good enough to help Obama. Romney needed an earthquake to shake up the dynamics of this election...all he got was a minor tremor!
well spoken at least the people of normal America recognize this!
I worked and struggeled and paid for my own education just like Joe Biden.....I was lucky I had a College near by so I could live at home when I did most of it. Now College is priced out of everyones range, but the rich.....students go in debt, because they can't afford the price of a college education anymore. A week end job will not pay fees like it use to.
http://www.huffingtonpost.com/2012/08/20/obama-romney-education-speeches-dnc-video_n_1813721.html
An ad released in Ohio Monday describes the Ryan budget's potential effects on education: "How can Ohio's young people get the jobs of tomorrow if Romney and Ryan won't invest in education today?" a woman asks in the ad.
Together, the speeches and ad will kick off a focus on education in relation to the Ryan budget, which the Obama campaign says would reverse positive steps the Obama administration has taken regarding public schools and college affordability.
While Vice President Joe Biden and Secretary of Education Arne Duncan have travelled the country promising more stability for college students, little of that has made its way onto the presidential campaign trail. Though Obama does mention education in his stump speech, debate moderators have so far not pressed the Republican candidates for specifics. The topic has previously caused Romney to stumble, with the candidate once saying students should get "as much education as they can afford."
The Obama campaign is using the Ryan budget, which Romney has said he would sign into law, as a platform for digging further into education issues. The Adams Scholarship, the campaign official said, speaks to the question of whether Romney's record shows commitment to college students.
The jobs numbers did go UP! Unemployment went down! This is a good thing! Why are we always over-analyzing; why is it never good enough? This President is moving us in the right direction after a crushing eights years of Republicanism! Thank God he was elected in 2008! And Thank God we can look to him in the next four years. Romney would have no idea of how to handle this country-financially and certainly not foreign policy wise.
You don't even have a clue. You have 365,000 that just gave up looking. The.true.figure is 14%. You can look it up. Bernanke wants to print more money, which inflation will rise another 1.3%. If gold hits $2000 I'm.affraid this will be a very dismal Christmas. If the fat cats that you Libs are.so determined to tax into the next world.don't invest, there's no growth. No growth, no employment. To make it simple under our current conditions.----DEPRESSION
Read the posts above Pancake. Look up how many of those numbers are students going back to school plus ppl that retire, more and more are every day. If, If If, it's all in your delusional teabagger mind. You also forgot to mention UR dropped to 8.1%
Texas Skippy You don't have clue, Your not making any sense. So go make your little girl remarks some where else
Hiring still sluggish, though... ...looks like the "Job Creators" need to get off their dead, hypocritical and massively prolapsed _asses_, eh? Thing is, BO offered a jobs Bill a year ago that would have added 2,000,000 quality jobs... ...but the House tea-baggers, et al, keep shooting it down. Why do Republicans hate America? No, really! What else could it be but HATE!
President Obama also requested and got a Shovels ready Job Stimulus that he
then laughed and said "I guess the jobs weren't very Shovel Ready"
http://www.huffingtonpost.com/2012/08/31/romney-education-plan-tak_n_1846745.html
This piece comes to us courtesy of The Hechinger Report.
Presidential candidate Mitt Romney has attempted to make his philosophy about how to improve American education widely known and easily accessible in recent weeks. But he hasn’t answered many specifics on the campaign trail. The Hechinger Report spoke with Jim Peyser, a member of Romney’s education team and a partner at the NewSchools Venture Fund, to find out more. Peyser also served as an adviser to Romney during his years as Massachusetts governor.
We are definately better off than we were in 2009. Why are we blaming the President for the jobs picture when large Corporations (private sector) are laying people off by the thousands?
And holding 2 Trillion in offshore accounts.
Biden says we have turned the corner.....then the new jobs numbers come out. Looks like we need to make a U-Turn.
Someone please explain what Obama means when he says,
"Everyone needs to pay their fair share"
I really would like to know what you people think he means when he says that.
I don't speak for anyone but myself, but to me that means millionaires should pay a higher tax rate through our progressive tax code than those of us in the middle class do. Instead, they have the luxury of making money through investments instead of wages or salaries, so they end up paying a lower rate.
Now Romney wants to lower taxes even more for the wealthy. He hasn't said he'll raise taxes on the middle class, but independent analysis shows that he can't possibly lower taxes for the wealthy without it impacting middle class taxes - with an average increase of $2000 a year while the average millionaire gets $250,000 more.
I really would like to know why you think that sounds fair.
It means the top1% has had it to good for too long. Time to pay up. 39% tax rate worked well for clinton, why not now?
JIT...
Why is it that Democrats don't mention ending the payroll tax cut that everyone is receiving right now? Why don;t they mention that EVERYONE received a benefit from the Bush tax rates? Why don't they want the tax rates to go back up on everyone?
Lets assume the Bush tax rates end on the people making more than $250,000 and you get the estimated $50 billion in revenue that it produces...what then? You still have an annual deficit of approximately $1.3 trillion that you have to resolve. That means you would have to raise that amount of new revenue 26 more times just to balance the budget. How are you going to do that?
just saying...