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  • Mitt Romney hits Obama over jobs


    Republican White House hopeful Mitt Romney pounced Friday after weaker than expected jobs data cast doubt on the health of the economic rebound that President Barack Obama hopes to ride to reelection.

    "It is increasingly clear the Obama economy is not working and that after three years in office the president's excuses have run out," Romney said, hitting a theme underpinning his bid to evict Obama after a single term.

    Economists had expected the economy to power ahead in March and create upwards of 200,000 jobs, amid signs that the recovery is finally becoming self sustaining after a sluggish bounce back from the worst recession in decades.

    But the Labor Department figures showed that the economy only pumped out 120,000 jobs last month, though the unemployment rate did dip from 8.3 percent to 8.2 percent -- a three-year low.

    While monthly unemployment reports can fluctuate and are prone to substantial revision, the figures will revive worries in the White House about a recovery that is directly linked to Obama's hopes of reelection in November.

    Romney knows his best chance of unseating Obama lies in his argument that as a "conservative businessman" he understands the economy and knows how to create jobs, so he seized on the opportunity to paint Obama as a man out of ideas.

    "This is a weak and very troubling jobs report that shows the employment market remains stagnant," Romney said in a statement.

    "Millions of Americans are paying a high price for President Obama's economic policies, and more and more people are growing so discouraged that they are dropping out of the labor force altogether," said Romney.

    That theme is sure to dominate Romney's campaign rhetoric in coming days, as he turns his sights on Obama while trying to wrap up the drawn out Republican nominating contest, in which he now has a prohibitive lead.

    John Boehner, the Republican speaker of the House of Representatives, who hopes to bolster his majority in November's election, also weighed in with a harsh critique of Obama's economic policies.

    "Unemployment is far too high, paychecks are shrinking, gas prices are rising faster than ever, and our debt now exceeds the size of our entire economy," Boehner said in a statement.

    "Today's report shows that families and small businesses are still struggling to get by because of President Obama's failed economic policies."

    Washington remains deadlocked over the best way to promote economic growth and job creation -- and most of the president's plans have fizzled on Republican opposition.

    Monthly jobs numbers between now and the November 6 election will take on huge political importance.

    Lingering uncertainty about the state of the economy revealed by the data explains why Obama's campaign team believes the election will still be tight, despite the president's current moderate lead over Romney in opinion polls.

    Obama on Friday put the most positive spin possible on the figures, though acknowledged that many Americans were still suffering.

    "We welcome today's news that our businesses created another 121,000 jobs last month and the unemployment rate ticked down," Obama said at a White House forum dedicated to the role of women in the economy.

    "Our economy has now created more than four million private sector jobs over the past two years and more than 600,000 in the past three months alone.

    "But it's clear to every American that there will still be ups and downs along the way and that we've got a lot more work to do."
    Comments 31 Comments
    1. rpm's Avatar
      rpm -
      Republican White House hopeful Mitt Romney pounced Friday after weaker than expected jobs data cast doubt on the health of the economic rebound that President Barack Obama hopes to ride to reelection.

      "It is increasingly clear the Obama economy is not working and that after three years in office the president's excuses have run out," Romney said, hitting a theme underpinning his bid to evict Obama after a single term.
    1. Greylor's Avatar
      Greylor -
      Would have been more exciting if the title dropped the last two words
    1. ghoti's Avatar
      ghoti -
      Quote Originally Posted by rpm View Post
      Republican White House hopeful Mitt Romney pounced Friday after weaker than expected jobs data cast doubt on the health of the economic rebound that President Barack Obama hopes to ride to reelection.

      "It is increasingly clear the Obama economy is not working and that after three years in office the president's excuses have run out," Romney said, hitting a theme underpinning his bid to evict Obama after a single term.
      Imagine if Bush was still in charge... can America afford another Republican? *shiver*
    1. ghoti's Avatar
      ghoti -


      Im not sure if I would believe anything Mitt said:

    1. marine1's Avatar
      marine1 -
      Quote Originally Posted by ghoti View Post
      Imagine if Bush was still in charge... can America afford another Republican? *shiver*
      Can the world afford another Obama term?
    1. noxibox's Avatar
      noxibox -
      They're both evil.
    1. copacetic's Avatar
      copacetic -
      Quote Originally Posted by marine1 View Post
      Can the world afford another Obama term?
      I'm not advocating for Obama, but do you support any of the current Republican gentleman? Because they genuinely seem like complete madmen.
    1. Mila's Avatar
      Mila -
      I have thought about this USA situation. Obama did not inherit a very good situation.
      Never the less.
      Would our next president ( in SA ) be able to put things right. Or will he ( say its a great honest person with great moral fibre, yeah I know I live in lala land ) fail due to the mess the current people are making and the world economy?

      Just asking. Looking at the hopes people put in Obama, will the same not happen here in years to come?
    1. marine1's Avatar
      marine1 -
      Quote Originally Posted by copacetic View Post
      I'm not advocating for Obama, but do you support any of the current Republican gentleman? Because they genuinely seem like complete madmen.
      Do not support any of them but most definitely do not support Obama
    1. WilD_CaT's Avatar
      WilD_CaT -
      Quote Originally Posted by ghoti View Post
      Im not sure if I would believe anything Mitt said:
      True...
    1. copacetic's Avatar
      copacetic -
      Quote Originally Posted by marine1 View Post
      Do not support any of them but most definitely do not support Obama
      Put it this way then, if you could choose, would you take one of the nutjobs over Obama?

      *edit*

      What is it generally that you don't like about Obama?
    1. Alan's Avatar
      Alan -
      Unemployment rate of 8.2%.

      Reuters) - American employers hit the brakes on hiring last month, and even a drop in the unemployment rate looked concerning because of a sharp drop in the size of the workforce.

      U.S. employers added just 120,000 people to payrolls last month and the unemployment rate eased lower to 8.2 percent, the Labor Department said on Friday.

      The slowdown in payroll additions was lower than even the most pessimistic forecast in a Reuters poll.

      Following are some key details from the report:

      * The fall in the unemployment rate was actually a bad sign for the economy. The jobless rate dropped because workers were exiting the workforce, possibly because they were discouraged at job prospects although some likely were retiring as well. The workforce shrank by 164,000 people. The participation rate, which is the percent of the population in the workforce, fell to 63.8 percent from 63.9 percent in February. Like the jobless rate, the participation rate is derived from the household survey, while the main payroll jobs measure is from a survey of employers.

      * However, in a sign not all workers leaving the workforce did so because of discouragement, the Labor Department's broader U-6 measure of unemployment, which includes people who want a job but haven't looked in the last month and part-time workers who want to work full time, fell to 14.5 percent from 14.9 percent. That takes a bit of the edge off the fall in the participation rate.

      * It's not clear how much weather may have played a role in the slowdown in hiring. Jobs in construction shrank by 7,000, marking the second straight month of losses. That boosts the view that some of the increase in hiring during the mild winter might lead to a pullback in during the spring. Retail jobs also took a big hit, shrinking by 33,800. At the same time, there were some signs that mild weather in March continued to help employment. The number of people with jobs but who weren't working because of bad weather was only 96,000. That was the lowest reading for a March since 2000.

      * Casting another shadow over the outlook for hiring, the length of the average work week fell to 34.5 hours from 34.6 hours. That suggests employers might be able to squeeze a bit more out of their existing staff, leaving them less likely to hire in the future.

      * Also boding poorly for future hiring, employers cut hiring of temporary workers. Employers cut 7,500 temps last month. Companies often hire temps to test the waters before adding people directly to their payrolls. The water appeared to be on the cold side in March.
      GOP will only have themselves to blame if they can't beat this clown. He's given them ample opportunity.....
    1. marine1's Avatar
      marine1 -
      Quote Originally Posted by copacetic View Post
      What is it generally that you don't like about Obama?
      IMO? He is dead against the state of Israel and her defending herself. He is more pro Arab
    1. copacetic's Avatar
      copacetic -
      Quote Originally Posted by marine1 View Post
      IMO? He is dead against the state of Israel and her defending herself. He is more pro Arab
      Oh. Thanks.
    1. Alan's Avatar
      Alan -
      Quote Originally Posted by marine1 View Post
      IMO? He is dead against the state of Israel and her defending herself. He is more pro Arab
      not because he lied about ...

      closing gitmo
      stopping rendition
      pulling the troops out Iraq
      no individual mandate,
      move beyond race and unite the country
      public campaign funding

      The list is seemingly endless....

      The latest being Super Pacs

      During campaign appearances in 2008, Americans were swept off their feet (some quite literally if you take into account the swooning women) with the idea of "hope and change." In almost childlike faith, people grabbed on to the promise that then Senator Barack Obama was a different kind of politician who promised to be the proverbial tie binding us together in unity. Red and Blue would fade away into purple as we laid down our individualism in pursuit of "the greater good." Believing a new day had dawned on American politics, the awestruck responded to one of the greatest marketing ruses in American history with a hearty: "Dude, this whole hope and change thing is definitely the way to go."

      Now let's get real. Decision after reversed decision like the administration's recent choice to ditch its (supposed) "core values" in support of the pro-Obama Super PAC, "Priorities USA Action" pretty much betrays everything that President Obama said he stood for. Liberals think this fundamental change of position is acceptable because "all is fair in love and war" -- and Chicago politics.

      To be fair, the GOP pretty much owns the whole Super PAC concept and the morality of Super PACs within the campaign fundraising system is another issue for another day. The matter at hand (literally) is that every time President Obama decides to point a finger at his opponents, there are three fingers pointing back in his direction.

      To be clear, Obama was against Super PACs before he was for them, just like he was for public funding of campaigns before he was against it. In June 2008, Obama detached himself from his own words (and hoped we would as well) when he did an about-face regarding his campaign finance stance. He gave us a squeaky-clean window with which to peer through when, in a video message, he expressed his condolences for the necessity to change his position. Promising it was "not an easy decision" to make because he still supported "a robust system of public financing of elections," Obama claimed it was a decision driven by necessity. The public financing of presidential elections as it exists today is broken," Obama complained, "and we face opponents who've become masters at gaming this broken system."

      After much bloviating, Obama stepped down from his soapbox and became part of what he described as the "broken system" when he opted out of public campaign financing - and the naïve blindly followed in lockstep -- because that is how Chicago rolls.
      http://townhall.com/columnists/susan...ide/page/full/

      and this is before you get to record trillion dollar deficits and the litany of ludicrous faux pas that would have embarrassed Bush
    1. noxibox's Avatar
      noxibox -
      He is dead against the state of Israel and her defending herself. He is more pro Arab
      In favour of not worshipping Israel perhaps, and not giving them free reign to do whatever they please. Which has been the general status to date.
    1. marine1's Avatar
      marine1 -
      Quote Originally Posted by noxibox View Post
      In favour of not worshipping Israel perhaps, and not giving them free reign to do whatever they please. Which has been the general status to date.
      If it was not coming from you maybe I would listen.......
      He is clearly against Israel. I read his pathetic message on the web about the Jewish holidays now, what a load of rubish
    1. ghoti's Avatar
      ghoti -
      Quote Originally Posted by marine1 View Post
      If it was not coming from you maybe I would listen.......
      He is clearly against Israel. I read his pathetic message on the web about the Jewish holidays now, what a load of rubish
      What did he say?
    1. Nicodeamus's Avatar
      Nicodeamus -
      if I were American I probably won't even vote.
    1. ghoti's Avatar
      ghoti -