Treading water
Posted: Nov 2, 2012
Under Obama's watch, last jobs report before election shows economy in 'virtual standstill'
Unemployment rate higher than when Obama took office.
The final monthly jobs report before Election Day offered a mixed bag of economic evidence that quickly became political putty for the presidential candidates, with the unemployment rate ticking up to 7.9 percent but the economy adding a better-than-expected 171,000 jobs.
At the same time, the number of unemployed grew by 170,000, roughly the same amount -- to 12.3 million.
Read more: http://www.foxnews.com/politics/2012/11/02/unemployment-rate-rises-to-7-percent-economy-add-171000-jobs/#ixzz2B5CumATt
Links below are to the original article and to the Dept. of Labor & Statistics.
Read more: http://www.foxnews.com/politics/2012/11/02/unemployment-rate-rises-to-7-percent-economy-add-171000-jobs/#ixzz2B5Bah600
http://data.bls.gov/timeseries/LNS14000000;
Their slogan is "Forward" - Should be "Mulligan"
[ In Reply To ..]
Like starting from scratch. Another 4 years? VOTE NOVEMBER 6TH!
And Romney offers a solution? - old and burned out
[ In Reply To ..]
Why to you think this is all Obama's fault and why do you think Mitt Romney offers a solution. History has proven time and again that cutting taxes does not create jobs. Jobs are created when there is a large, prosperous middle class that demands more products and services. Cutting taxes for the 1% will just mean they have more to stash off-shore so they can avoid even more taxes, like Romney. It took a dozen years and a world war to recover from the Great Depression and it's going to take more than 4 years to recover from the economic disaster that Romney-type policies created.
His plan is to take credit for creating - the 12 mil jobs growth already projected. nm
[ In Reply To ..]
nm
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