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Obama touts jobs report as he seeks to lift campaign
Reuters ^ | Sat Oct 6, 2012 3:44am EDT | Mark Felsenthal

Posted on 10/06/2012 2:11:18 AM PDT by granada

(Reuters) - President Barack Obama on Friday hailed a drop in the U.S. jobless rate to the lowest level since he took office, saying the country had "come too far to turn back now," as he sought to recover from a lackluster debate performance against Republican challenger Mitt Romney.

A decline in unemployment to 7.8 percent in September, announced just more than four weeks before Election Day, gave an unexpected shine to the most vulnerable part of Obama's record - his economic stewardship - and offered him a chance to reset his re-election bid. The rate dropped from 8.1 percent in August.

The much-needed dose of positive news for the Democratic president came two days after he was widely judged the loser in his first presidential debate against Romney, who breathed new life into his own campaign.

Reinforcing a sense of momentum for Romney coming out of the first of three face-offs on the national stage, a new Reuters/Ipsos poll of likely voters showed Obama's lead narrowing to just 2 percentage points - 46 percent to his rival's 44 percent. Obama had a 6-point advantage in Wednesday's poll.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections; US: Virginia
KEYWORDS: campaign; jobsreport; obama
Breaking News: Obama runs campaign on his record.......
1 posted on 10/06/2012 2:11:30 AM PDT by granada
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To: granada

A trumped up jobs report using Obama administration figures.


2 posted on 10/06/2012 2:20:20 AM PDT by Venturer
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To: granada

It’s a miracle. The numbers have not moved in 40 months and all of a sudden, a month before the election, it drops to 7.8.
*shakes head*


3 posted on 10/06/2012 2:23:12 AM PDT by cardinal4 (If Baraq Hussein Obama had a son he would look like Rageboy)
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To: granada
I have to laugh at this jobs report. Here is the full reality. Obama spent $800 billion dollars in the “stimulus “ Package. Obama promised the American people that unemployment would never go above 8% if the stimulus bill were passed. 44 months later the economy finally produces enough jobs to get the unemployment below 8%. Obama said by this point unemployment would be at about 5.5%. This is like hiring the supposed best hitter in baseball at the highest price contract and almost four years later he hits his first home run! The team high fives, does victory dances and yells we told you so! Well if this is an anomaly just before the election Obama could be in for a Nov surprise.
4 posted on 10/06/2012 2:23:24 AM PDT by carcraft (Pray for our Country)
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To: granada

And what a jobs report to run on: “Vote for me, because this report is just really awful instead of ultra awful.”


5 posted on 10/06/2012 2:25:27 AM PDT by Republican Wildcat
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To: granada

I know ONE person I desperately want to LEAVE the US employment workforce. I won’t mind one darned bit even it the numbers get cooked because of it.


6 posted on 10/06/2012 2:38:01 AM PDT by Gaffer
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To: Republican Wildcat

Yeah....at his success rate based on almost 4 years of ‘hard, hard work’, I’d expect that the employment rate would get back down to 4-5% in say, oh, about 2050


7 posted on 10/06/2012 2:39:24 AM PDT by Gaffer
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To: Venturer

A trumped up jobs report using Obama administration figures.

Everything about the man is fake. I think he’s arrogant enough to believe people are really this stupid and not as smart as the King. He’s probably gotten away with telling lies his whole life to manipulate people and the system because of PC and the color of his complexion. After all he convinced Michelle to marry him even though he likes to visit bath houses


8 posted on 10/06/2012 3:26:23 AM PDT by jsanders2001
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To: cardinal4
The numbers have not moved in 40 months and all of a sudden,

Drudge has a link to a Newsbusters article that says the reported employment increase is the largest single month's jump in 29 years.

9 posted on 10/06/2012 3:38:22 AM PDT by Calvin Locke
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To: granada

Here is how the 0bama Regime cooked the books:

http://theeconomiccollapseblog.com/archives/a-jobs-report-conspiracy


10 posted on 10/06/2012 4:25:47 AM PDT by SVTCobra03 (You can never have enough friends, horsepower or ammunition.)
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To: carcraft
Quite the aberration for a September adjustment!


11 posted on 10/06/2012 4:34:28 AM PDT by BillM (.)
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To: granada
Yes the numbers are as phony as a $3 bill, but have any of you talked to your friends or co-workers yesterday about this.

People at my work (engineers and other professionals) were believing this crap and saying “looks like Obama’s plans are really working now” and “things are going in the right direction”.

I can't believe supposedly intelligent people I know are falling for it, so I have to assume that the vast majority of Americans will also fall for it as well.

12 posted on 10/06/2012 5:08:26 AM PDT by CapnJack
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To: granada

I wonder how the 5%-12% uncounted who never found jobs feel about it all...


13 posted on 10/06/2012 5:22:19 AM PDT by trebb ("If a man will not work, he should not eat" From 2 Thes 3)
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To: CapnJack

yes, every day people are being brainwashed by liberal MSM, it’s very hard to remain immune to propaganda.


14 posted on 10/06/2012 5:25:30 AM PDT by granada
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To: granada

Devastating video - The Dinner table
https://www.youtube.com/watch?v=m_1ZT1hwpng&feature=player_embedded

The best explanation of the unemployment numbers I have seen.
http://finance.townhall.com/columnists/mikeshedlock/2012/10/06/unemployment_rate_78_the_webs_most_complete_report/page/full/


15 posted on 10/06/2012 5:31:00 AM PDT by listenhillary (Courts, law enforcement, roads and national defense should be the extent of government)
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To: CapnJack
Your clueless co-workers who are saying those things are a lost cause. They were going to vote for Obama anyway. The timing of this report is so suspect, that I believe the 5-7% of voters who claim to be undecided will see it for what it is ... a purely political ploy.

Americans see what they're paying at the gas station &/or supermarket; they can look around at their relatives & friends and see the economic suffering that's going on. I doubt they're going to say that after 45 months of a failed presidency, this guy deserves another term based on a suspicious one-month report.

In fact, maybe some of them who were either going to vote 3rd-party or sit out the election since they're not that enamored with Mitt, either, may get so p!ssed off at this administration's latest impersonation of a banana republic, that they'll cast a vote for Romney!

16 posted on 10/06/2012 5:36:45 AM PDT by mellow velo (Oxymorons: jumbo shrimp, rap music, liberal think-tank)
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To: granada
President Barack Obama on Friday hailed a drop in the U.S. jobless rate. ~~ decline in unemployment to 7.8 percent in September...
And in other news, the Obama Ministry of Production announced that the Chocolate Ration will be increased to 25 Grams A Week!

[and... "We've always been at war with Eastasia"]

17 posted on 10/06/2012 6:16:46 AM PDT by Condor51 (Si vis pacem, para bellum.)
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To: CapnJack
Your co-workers may be a lost cause.

Now being the obstinate cuss I am, what I might do is say to no one in particular as you pass by one of them is: "We've always been at war with Eastasia" and keep walking by. Or take the direct approach 'around the water cooler' and say: "1984 was supposed to be fiction not a 'How To' guide."

If you get no response they're brain dead and I'd check their Engineering Degree to see if isn't bogus. Engineers are supposed to be logical and should immediately spot numbers that look out of whack. These co-worker 'professionals' of yours sound more like Architects. ;-)

[as we say in 'the industry': 'The difference an Architect and God is that God doesn't think he's an Architect.'}

18 posted on 10/06/2012 6:35:35 AM PDT by Condor51 (Si vis pacem, para bellum.)
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To: granada

133,561,000 workers Jan 2009
133,500,000(P) workers Sept 2012
Total Non Farm Payroll Seasonal Adjusted
Bureau of Labor Statistics

http://data.bls.gov/pdq/SurveyOutputServlet?request_action=wh&graph_name=CE_cesbref1


19 posted on 10/06/2012 8:30:39 AM PDT by stocksthatgoup (ZERO DARK THIRTY (coming soon to an embassy near you))
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To: CapnJack
Sell your coworkers whatever worthless items you might have lying around - starting with a title to the Brooklyn Bridge you printed off this morning.
20 posted on 10/06/2012 8:37:11 AM PDT by Truth29
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To: Condor51

“These co-worker ‘professionals’ of yours sound more like Architects.”

No, we are a medical devices company (yes! the very type of company who gets the 2.3% Obamacare tax on REVENUE!!), and we build heart assist products. That 2.3% we start paying next year will be about $3 million off the top ... can you say good buy to some R&D projects. But it will be the Cambridge kids who will get cut first ... the ones who love Zero.


21 posted on 10/06/2012 1:39:15 PM PDT by CapnJack
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To: CapnJack
Medical devices, cool.
Can you sneak out a left knee for me :-)
22 posted on 10/07/2012 3:38:42 AM PDT by Condor51 (Si vis pacem, para bellum.)
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To: Condor51

Nope, just heart stuff. Blood pumps and ventricals.

I always wonder if I get a employee discount if I drop from a heart attack.


23 posted on 10/07/2012 6:34:28 AM PDT by CapnJack
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