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demwing

(16,916 posts)
18. Sure, expectation will be higher
Fri Jul 6, 2012, 10:41 AM
Jul 2012

and if those expectations are not met, people will care for about a news cycle,

Then, the higher numbers will be in August and September, which will be compared to the lower #s of the Summer, and the graph will show slow but sustained job growth.

It doesn't solve the immediate problems faced by the unemployed, but it doesn't spell doom for Obama either.

No President since the great Depression has been re-elected with unemployment above 7.2%? Well no President Since Roosevelt has had to face as great an economic challenge during an election year.

Obama is starting to hit Romney hard on outsourcing. what he needs to do now is go to the American people and say "Give me a Congress that will pass a damn Jobs Bill!" Really lay it on. Go full on Truman on these guys.

Truman defeats Dewey and the Do Nothing 80th Congress. That's the election tactic Obama should be following.

NOT a good # :-( n/t Inuca Jul 2012 #1
not good at all... n/t IamK Jul 2012 #2
Revisions of previous 2 months are mixed Inuca Jul 2012 #3
What friggin' cracks me up SoFlaJet Jul 2012 #13
120,000 non-farm payroll jobs a month need to be created just to keep pace with population growth stockholmer Jul 2012 #35
Some people remember more than 4 years ago. Igel Jul 2012 #42
Corporate hucksters sitting on 2 trillion BumRushDaShow Jul 2012 #4
Courtesy of a do nothing Congress! nt Firebrand Gary Jul 2012 #5
plus NAFTA, repeal of Glass-Stegall, & the Commodities Futures Modernization Act of 2000 all coming stockholmer Jul 2012 #11
If Clinton hadn't "gone Republican" maybe those acts would not have past, amandabeech Jul 2012 #33
Bill Clinton didn't "go republican" that's who he is. A governor of a failed small southern state Citizen Worker Jul 2012 #40
"Failed small southern state" totally sums up Arkansas and several other deep south byeya Jul 2012 #56
According to Lori Wallach the repeal of Glass-Steagall is enshrined in the WTO Agreement, which was Citizen Worker Jul 2012 #39
Obama in 2009: If I can’t fix the economy in three years, you can call me former President Obama Huey P. Long Jul 2012 #26
It's a good thing he has fixed the economy then! We are well on our way! Firebrand Gary Jul 2012 #36
the private sector is doing fine! BT021 Jul 2012 #59
Even with this rotten RePUKE House of Reps we are STILL seeing GROWTH. RBInMaine Jul 2012 #34
Early in the article, you refer to no President with over 7.2 getting re-elected karynnj Jul 2012 #6
That came from the WSJ. mahatmakanejeeves Jul 2012 #7
Actually if you google article titles alp227 Jul 2012 #15
Sorry - I was not intending to attack you - just to counter a meme that is harmful karynnj Jul 2012 #41
No problem. mahatmakanejeeves Jul 2012 #45
And it's inaccurate regarding FDR's reelection in 1936 when the rate was 16.9% 24601 Jul 2012 #51
Private payrolls miss even worse 84K on consensus of 106K, yet these numbers will not allow the Fed stockholmer Jul 2012 #8
August will change the number, as students return to school demwing Jul 2012 #16
the thing is, that is all taken into account by seasonal adjustments and the street's consensus stockholmer Jul 2012 #17
Sure, expectation will be higher demwing Jul 2012 #18
Why are all of the countries in the EU failing? Mayflower1 Jul 2012 #24
Not all (Sweden, Finland, Denmark, etc are ok- for now) but many. In a nutshell here's some reasons: stockholmer Jul 2012 #27
But bipartisan austerity seemed to be working so well MannyGoldstein Jul 2012 #9
The Repub argument is that Mayflower1 Jul 2012 #29
The data show the opposite MannyGoldstein Jul 2012 #43
How is it the ADP said 175,000 jobs were added in the private sector in June? Why so far off? flpoljunkie Jul 2012 #10
because the models that the BLS uses are extremely flawed, but at least take cheer that most of the stockholmer Jul 2012 #12
You didn't actually respond to the post pinqy Jul 2012 #20
BLS and other models, the changes, and some issues stockholmer Jul 2012 #30
Interesting Tactic pinqy Jul 2012 #38
Because ADP's number doesn't mean squat on a national level. Roland99 Jul 2012 #14
Different Statistical Universe pinqy Jul 2012 #19
PUBLIC SECTOR! Cosmocat Jul 2012 #31
Looks like republicans want to put a different spin on this one Kingofalldems Jul 2012 #21
One major cause of the unemployment crisis: ongoing cuts at the state and local level. SunSeeker Jul 2012 #22
Live in Pa - I have been posting this today Cosmocat Jul 2012 #32
TX did this last year. Igel Jul 2012 #44
Oh, boy......... Beacool Jul 2012 #23
Disability Ranks Outpace New Jobs In Obama Recovery TouchOfGray Jul 2012 #25
I noticed you defended Romney in the Bain thread Kingofalldems Jul 2012 #47
Looks like you are citing a right wing source Kingofalldems Jul 2012 #48
So you are saying that TouchOfGray Jul 2012 #49
This is the latest RW meme. Bill O'Reilly ranted about it on his show last night. SunSeeker Jul 2012 #52
Yes that the new theme of the RW Kingofalldems Jul 2012 #53
Which makes this the 28th consecutive month of job INCREASES ... SomeGuyInEagan Jul 2012 #28
It takes 125,000 new jobs/mo just to break even with rising population. Psephos Jul 2012 #46
Right. Down steeply '08 to '10, but increasing steadily for more than two years to make up half SomeGuyInEagan Jul 2012 #54
We are barely treading water, and way below the numbers in January 2009. Psephos Jul 2012 #58
I don't deny the numbers. But why go backward? SomeGuyInEagan Jul 2012 #60
Well, I can agree with that. Forward is the only way out. Psephos Jul 2012 #61
Yeah, we're on the same page. And I definitely agree with you ... SomeGuyInEagan Jul 2012 #62
Not good. emilyg Jul 2012 #37
Job growth has sucked for more than a decade now high density Jul 2012 #50
Wages and job growth..... Cronkite Jul 2012 #55
The fact that jobs can be added or lost without affecting the unemployment figures 4th law of robotics Jul 2012 #57
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