Bad news – good news (UPDATED)


UPDATE:

President Obama will discuss the latest spike in the unemployment rate at 10:35 a.m., according to a change in the White House schedule.

If you watch TOTUS read his speech please tell us what you thought. (Feel free to use profanity.)



The bad news:

Job growth came to nearly to a halt in June, the federal government said Friday in surprisingly grim new data — an alarming challenge to predictions that the economy would bounce back later this year.

Employers added 18,000 jobs last month, a trivial number in a country with 150 million workers, and the unemployment rate rose to 9.2 percent from 9.1 percent. It was a far worse result than expected–economists had forecast 105,000 new jobs.


Make the jump for the good news:

We are one month closer to the end of the Dick administration.


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65 Responses to Bad news – good news (UPDATED)

  1. DeniseVB says:

    I’m guessing, Bush’s fault ?

    • crawdad says:

      He’d like to blame Bill but he’ll let his followers do that.

      • myiq2xu says:

        Obot Rules:

        #1 It is never Obama’s fault

        #2 If Obama does something wrong, see Rule #1

      • Pips says:

        It does seem like lately the “Palin” in “Look over there…” has been changed to “Bill Clinton”. As in “He couldn’t, he didn’t, he failed, he tried … either/too”.

  2. myiq2xu says:

    Top Obama adviser says unemployment won’t be key in 2012

    President Obama’s senior political adviser David Plouffe said Wednesday that people won’t vote in 2012 based on the unemployment rate.

    Plouffe should probably hope that’s the case, since dismal job figures aren’t expected to get any better for Obama and the economy on Friday.

    […]

    It’s looking more and more like Obama will have to do something no president has done since Franklin Roosevelt: Win reelection with unemployment around 8 percent.

    He doesn’t have to do it. He could do the country a favor an quit.

    • myiq2xu says:

      Mitt Romney:

      “Today’s abysmal jobs report confirms what we all know – that President Obama has failed to get this economy moving again. Just this week, President Obama’s closest White House adviser said that ‘unemployment rates or even monthly jobs numbers’ do not matter to the average American.

      “If David Plouffe were working for me, I would fire him and then he could experience firsthand the pain of unemployment. His comments are an insult to the more than 20 million people who are out of work, underemployed or who have simply stopped looking for jobs. With their cavalier attitude about the economy, the White House has turned the audacity of hope into the audacity of indifference.”

      Ka-POW:

      • votermom says:

        “If David Plouffe were working for me, I would fire him and then he could experience firsthand the pain of unemployment.

        It’s Obama we should fire.

      • ralphb says:

        Now if Romney will only stick to it and not backtrack about it when the press jumps him about the statement.

        • votermom says:

          Magic 8-Ball says: “Concentrate and ask again”

        • WMCB says:

          That’s one of the big reasons many R’s don’t want him, even if they could hold their nose over other stuff.

          He is not a fighter. He has no idea how to “fight like a girl”, as Sarah said.

      • Three Wickets says:

        Absolutely do not fire David Plouffe, run ads based on his stupid comments. Plouffe is good at greek columns, bad astroturf, and hit jobs. He doesn’t do policy or empathy. He’ll be a big asset for the opposition in this cycle.

    • myiq2xu says:

      Legal Insurrection:

      Since the election will not be about unemployment, let’s try to guess what it will be about:

      The national debt? Nah.
      Annual budget deficits? Nah.
      The rise of Islamism in formerly friendly nations? Nah.
      The stifling of U.S. energy production through excessive regulation? Nah.
      Obamacare? Nah.

      Just what will the 2012 election be about in the gospel according to Plouffe?

      Let me guess:

      Children’s safety versus corporate jet owners.
      Saving Grandma from being thrown over the cliff.
      Fairness.
      Pulling us out of the ditch.
      Bush.

      • votermom says:

        I agree with the commenter there who said it will be all about how EVIIILLLLL the GOP is.

        • DeniseVB says:

          The obesity rates are going UP since Michelle Obama’s Healthy Laws took affect. A bunch over at Huffpo are blaming the GOP, lol !

        • WMCB says:

          Well, people tend to eat when they are stressed. And listening to the High Queen of Carrots lecture them like children has them reaching for the nearest donut.

          BTW, don’t know how long I can keep up posting this morning. WordPress will NOT let me stay logged in. I’m having to type name and email for every damn comment.

        • votermom says:

          I hate when WP gets like that.

    • votermom says:

      Onemployment is still one person too low so long as Obama has a job.

    • Three Wickets says:

      Since higher unemployment can favor corporate earnings and tame inflation for investors, Plouffe is basically saying Obama doesn’t need the unemployed, the underemployed, the overworked underpaid and struggling, the poor and homeless to win the election next year. As long as the investor class is behind Obama, they’re good.

      • Lola-at-Large says:

        Ding! Ding! Ding! And we have a winner!

        Couldn’t agree more. That’s exactly his message: “We don’t need you.” Same message as in 2008, ftr.

  3. DeniseVB says:

    Why did Obama schedule this against the final U.S. shuttle launch?

    • myiq2xu says:

      He’s a malignant narcissist.

      • Mimi says:

        You are far too kind. This is why the words “dick” and “asshole” keep popping up in televised language discussing his numerous personality disorders.

    • votermom says:

      I heard that cnn cut him off mid-blah to cover the launch. Buncha waycists. 🙂

      • DeniseVB says:

        Fox did too. I missed all the pre-launch drama 😦 Do you suppose he did it intentionally for a bigger audience knowing many would be tuned in? WTF !! Heh.

    • WMCB says:

      Because he hates the space program as a symbol of America’s exceptionalism, and doesn’t want anyone reminded of what a great, optimistic nation we once were?

      Or maybe he’s just a petulant attention seeking dick.

      • DandyTiger says:

        Well, he did promise to end the space program and NASA during the 07/08 campaign. To him it’s already gone. And he assumes everyone knows it, so why would the little peasants watch the very last shuttle launch.

    • myiq2xu says:

      Well, listen, I’m 55 years old. I’ve given birth to five kids and I’ve raised 23 foster kids, so that sounds like good news to me.

  4. Mr. Mike says:

    Have we reached the tipping point?

    If the answer is yes, thank a Wall Street bankster and the politician that made it easier for them to gut the manufacturing sector.

    As disposable income diminishes the businesses that thrive on it will wither, starting another down spiral. The hilarity comes from the fact that the very people who own the home remodeling business, the landscaping company, the tire store, or the franchise store often listen to AM talk radio spew and can be head cheering when some union shop closed down to take advantage of third world prison labor overseas. They seem to think the money that their customers spend must appear by magic not as the result of a good paying job.

  5. Dario says:

    Public Policy Polling is all hail Obama, but look what it has found in PA:

    Obama’s problem in Pennsylvania appears to be the ‘Hillary Democrats’ finally causing him a real issue. There was a lot of speculation in 2008 that they wouldn’t vote for him in the general election but in the end they did. Now though his approval rating with Democrats in the state is only 74%, well below his national numbers, and with white Democrats it goes down even further to 70%. Meanwhile Republicans are much more unified in their disapproval of Obama (85%, with only 10% approving) and the President’s not getting any favors from independents either who break down slightly negatively (44/45) in their assessments of him.

    • myiq2xu says:

      Pennsylvania is looking more and more like it could be a tough hold for Barack Obama in 2012. His approval rating in the state continues to be under water at 46/48. More voters have expressed disapproval than happiness with Obama on all three polls PPP has done in the state so far in 2011. And even though Obama took Pennsylvania by 10 points in 2008 the best he can muster right now in a head to head match up with Mitt Romney is a tie.

      • myiq2xu says:

        Hillary won PA in a landslide despite being outspent by at least 4-1

        Guess what the Obot explanation was?

        R _ c _ sm (fill in the blanks)

        • DandyTiger says:

          Evil PA bastards. What do you expect from people who cling to their bibles and guns.

    • WMCB says:

      If PPP is getting those numbers with their “weight it for Obama” sampling, then it’s REALLY bad in reality.

    • votermom says:

      Bitter knitters strike back.

    • ralphb says:

      PPP is the Daily Kos pollster now. Ever since they have been a bad joke. Their sampling and weighting is completely invalid.

  6. WMCB says:

    It already started in 2010. The woman vote shifted by a huge amount away from the Dems, but the media barely reported it.

  7. ralphb says:

    Falling Wages Krugman didn’t like the jobs report either.

    Ugh. That was a seriously ugly jobs report. Almost no job creation, with slow private-sector growth offset by falling public-sector employment; a falling employment-population ratio; and (I don’t know how many people have picked this up), an actual decline in wages, albeit a small one.

    • myiq2xu says:

      Pretty soon Mexico is gonna hafta build a fence to keep us out.

      • DandyTiger says:

        And block your escape route. If you haven’t already been banned from Canada, you might plot an escape that way. 🙂

    • Mary says:

      Not only that, but the April & May numbers were “unexpectedly” revised DOWN:

      Minus 44,000 jobs.

      Manipulative reporting for political purposes in April & May?

  8. WMCB says:

    Ed Morrissey on Plouffe’s comments that Americans don’t really care about the unemployment rate:

    This doesn’t even qualify as spin. This is denial on the scale of Baghdad Bob. The “prism” of GDP and the unemployment rate are precisely how Americans evaluate the economy. They don’t give a damn if the President makes decisions “based on me and my family” if those decisions turn out to be disastrous, and right now, that’s the case presented in the latest economic slide. Plouffe’s argument seems to be that people will vote for caring incompetence — and while that may be the only argument left for Obama’s re-election, Plouffe and company are about to find out that denial isn’t exactly a winning strategy.

    Boom!

  9. ralphb says:

    scumbags Democrats want to cut Social Security but want to call it something else.

    And if you think Democrats are playing dumb because they want a deal, think again. They’re some of the biggest supporters of this plan.

    “We make the determinations right now for benefits based upon CPIU,” Rep. Jim Clyburn (D-SC), one of the Dems’ principal debt limit negotiators. He’s referring to the current index the government uses to calculate Social Security’s Cost of Living Adjustment. And that’s what they’re talking about changing. “Now the question is will some other look at CPI make sense? And I think that it makes sense to look at it all to see what is an accurate account, a better way to determine benefits. I certainly wouldn’t walk away from that kind of discussion.”

    Reducing the COLA is something top Obama administration officials have wanted to do for a long time.

    “The Consumer Price Indices currently used for indexation employ an outdated procedure that overstate inflation,” said Jason Furman, now the Deputy Director of the National Economic Council, in 2007 expert testimony before the Senate Budget Committee. “If all federal programs and taxes were switched to [Chained CPI] by the end of a decade the government would save more than $40 billion, with the bulk of the savings divided roughly equally between preventing de facto Social Security benefit increases and tax cuts that Congress never intended. Over time the savings would continue to grow.”

  10. JeanLouise says:

    That forty billion dollars would impact the poorest of the poor while the rich wouldn’t even feel it.

    • ralphb says:

      The GOP is basically right, it we want to reduce the deficit we should cut the things which have risen most in the last couple of years. That makes some sense anyway.

    • ralphb says:

      Unfortunately we can’t get $1 trillion for the porkulus package back. Though I will bet there are unspent funds which could be cut off.

      • djmm says:

        Yes, we can. Assess the financial sector a windfall profits tax or a lack of lending tax or whatever. Who better to pay to improve our budget balance when it was that sector which tanked the economy.

        Oil companies had to deal with a windfall profits tax in the 80’s. It can be done.

        djmm

  11. ralphb says:

    From what I can tell, the Progressive’s ideas for creating jobs go something like this.

    Provide loans, grants and tax subsidies to place solar panels on every house and building where there is enough sun to make it worthwhile. Add grants to train out-of-work construction workers to install the solar panels.

    Increase the number of government employees who keep our children alive by monitoring food safety and the environment. (and keep salamanders safe)

    and the only substantial idea…

    We have an estimated $2 trillion in crumbling infrastructure that needs to be repaired or replaced. We can fix it.

    Even with the last, someone still has to pay for it. May as well just write everyone a worthless check. At any rate “increase the number of government employees” seems to be their reality.

  12. WMCB says:

    A tea party group put this press release out today, and it’s good. Say what you want about the R’s, but they got into the House and promptly passed their budget. Like it or not (and much of it I don’t) they went on record and put it out there to be judged. The Dems, meanwhile, want to just keep obfuscating and posturing and pointing fingers without ever taking a stand on a what they want to do and HOW they are going to do it.

    They are really really disgusting me right now. My former party elected a bunch of fucking irresponsible children to Congress. If you had told me during the Clinton years that I’d ever see a Democratic Party that could spend two years in power with neither the President nor the Senate even proposing a budget, I’d have said it could never happen.

    “The Senate has a legal obligation to pass a budget every year but has not done so for more than two years,” said Jenny Beth Martin, National Coordinator of Tea Party Patriots.

    “Democrats have controlled the Senate and the White House since the election of 2008, and the House of Representatives up until this year. Certainly they could have passed any budget they desired, including one with tax increases and spending increases. But they chose to ignore the 800-day gorilla in the room because they don’t want to be on record supporting a budget that actually does what they want. Then the public could hold them accountable for their cowardly and irresponsible behavior in the face of national fiscal calamity.”

    “This week marks the 800 Days of Infamy—800 days without passing a budget,” said Mark Meckler, National Coordinator of Tea Party Patriots. “This Senate, controlled by Democrats, will go down as one of the most irresponsible, do-nothing Senates in the history of the institution. May history judge them as harshly as they deserve, and may the electorate throw many of them out on their collective hind ends in 2012.”

    • angienc says:

      800-day gorilla?

      Racist.

    • WMCB says:

      And now the R Senators are ramping up the pressure:

      Sen. Jeff Sessions of Alabama, with six Republican colleagues, sent a letter to Majority Leader Harry Reid Thursday, urging him to unveil the Democrats’ budget proposal.

      ——

      “By forgoing a recess week,” read the letter, “the Senate was given an opportunity to begin this necessary work immediately. Yet to date, no budget work has been scheduled.”

      The letter points out that not only was no budget work scheduled this week, but the majority leader had scheduled a vote and a debate on a Libya resolution. While the resolution was withdrawn after objections that the forgone recess should be used to work on a budget, still nothing was scheduled.

      “We ask that you, as Majority Leader, call for the latest Democratic budget to immediately be made public, in all of its detail, and brought through the statutorily-mandated legislative process,” says the letter. “If our colleagues wish to raise taxes or propose spending cuts, the American people have a right to see that plan on paper.” (As debt talks ramp up, spending cuts not enough for some senators)

      The senators ended their letter with a warning that they may continue to object to considering matters unrelated to the budget until the Senate is given a chance to consider and debate the Democrats’ proposal.

      Read more: http://dailycaller.com/2011/07/07/senators-call-on-reid-to-unveil-democrat-budget-proposal/#ixzz1RXYebFmn

      If the R’s are smart, they will keep up this “we are the adults in the room” and “why won’t you tell the people up front what you want to do?” tack. It’s a winner.

      • ralphb says:

        John Hindraker at Powerline has a post urging the GOP to not vote for any budget put together in secret like this, no matter what is in it. He says raising the debt ceiling without any deal would be better and I think he’s right, from my own perspective though not his.

  13. WMCB says:

    Jake Tapper hit on Plouffe at the press briefing, and Carney doubled down on stupid for Preznit Awesome:

    TAPPER: OK. And lastly, comments by Senior Adviser David Plouffe were criticized today. Earlier this week, he said, quote, “The average American does not view the economy through the prism of GDP or unemployment rates or even monthly jobs numbers. People won’t vote based on the unemployment rate, they’re going to vote based on how do I feel about my own situation: Do I believe the president makes decisions based on me and my family?”

    And Republican frontrunner Mitt Romney said that those comments were — he suggested they were out of touch, and he said that if Plouffe worked for him, he would fire him.

    CARNEY: Well, I understand that we’re engaged in the – or rather, the Republicans are engaged in a primary campaign, trying to get some media attention. I don’t know where, you know, the voters that some other folks might be talking to — but — or — but most people do not sit around their kitchen table and analyze GDP and unemployment numbers. They talk about how they feel their own economic situation is. And they measure it by whether they have a job, whether they have job security; whether their house – whether they’re meeting their house payment, whether their mortgage is underwater; whether they have the money to pay for their children’s education or they don’t; whether they’re dealing with a sick parent and can afford that, or whether they can’t.

    They do not sit around analyzing The Wall Street Journal or other — or Bloomberg to look at the — you know, analyze the numbers. Now, maybe some folks do, but not most Americans. I think that’s the point David Plouffe was making; that’s the point the president was making just moments ago in his statement in the Rose Garden.

    -Jake Tapper

    The arrogance is astounding. Just fucking astounding. I got news for ya cupcake: we uneducated hicks out here in the hinterlands do indeed have an interest in all that mathy stuff. We regularly sit around our kitchen tables and talk about an article in Bloomberg, and the latest job reports, and and what the numbers say. You betcha. People with high school educations have had long insightful conversations with me about trade balances while standing in line at fucking WalMart.

    I know you guys up there in DC like to think of us as poor savages staring blankly at the confusing world, and operating like dumb sheep on how we feel about life, while waiting on our betters to esplain to us how it all works, but that is YOUR fucking ivory tower fantasy – it’s not reality. Keep thinking we are stoopid. Keep it up, jackwagons.

    • ralphb says:

      What they are also saying is that Americans only care about themselves and don’t care about the situations of others. I think that is the basic mistake. People in the flyover states do care about our friends and neighbors and realize that there but for grace go we.

      We’re not as selfish as those assholes think.

    • Pips says:

      That word stood out for me too: feel, followed by this:

      They talk about how they feel their own economic situation is. And they measure it by whether they have a job, whether they have job security; whether their house – whether they’re meeting their house payment, whether their mortgage is underwater; whether they have the money to pay for their children’s education or they don’t; whether they’re dealing with a sick parent and can afford that, or whether they can’t.

      That part is just so mind boggling stupid. Of course we measure our economy on … how our economy is. That’s got nothing to do with feelings but with facts.

      And then … “folks”! They really do talk down to people, don’t they.

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