Skip to comments.Will Obama finally get some credit for the improving economy?
Posted on 07/03/2014 1:44:38 PM PDT by Oldeconomybuyer
Todays jobs report was a very good one: 288,000 new jobs were created in June, and the unemployment rate fell to 6.1 percent.
So will Barack Obama get the credit?
Probably not. First of all, we shouldnt get too excited; there are still a lot of people looking for work, there are a lot who have gotten discouraged and dropped out of the labor force, and there are a lot working part time when theyd rather have full-time jobs.
(Excerpt) Read more at washingtonpost.com ...
Common Core Mathematics
His constituents are really doing well.
The entitlement army is the largest it’s ever been.
Crony capitalists are the richest they’ve ever been.
Life in Obamaland actually is great if you’re a regime supporter.
Yeah, he gets credit for having the most people out of work in 35 years.
He gets even more credit for our earnings stagnating while prices have gone up.
I’d like to know what kind of slimy deals he’s cutting with the Washington Pravda.
The economy is still is shambles tittering since the day he took office on the brink of a Great Depression. Unemployment continues to be extremely high and the Federal Deficit is spiraling out if control and inflation ravages any savings people may have accumulated.
Just imagine if he golfed everyday, how much better we all would be off?
I see this journolista’s point.
What? For BS and LIES? Anybody who believes the numbers aren't "cooked" needs to have their head examined. The white hut has been lying through their teeth to us about everything for the last five years. Now they are telling the truth? Horse manure!!
Lololololololo! Things are rockin now. Oh my sides hurt.
0bama’s getting more credit for us to carry everyday.
Okay - from a minus 10 to a minus 6 does show improvement.
We’re 5 MONTHS before the November midterm elections. Will the economy go back into a slump right after November? LOL
Of course he will. The media gives him credit just for getting up and making it to his 10:00 AM briefing.
I’m sure that killing the XL Pipeline helped plenty.
Record Number of Americans Not in Labor Force in June. You know if we could get the 92 million people out of work and not looking up to a 100 million we could probably get the unemployment rate down to 5 something % and call the recovery complete and the economy “back”. So in order to accomplish this much needed step would you unemployed people stop looking for work and join in with the “not in labor force” bunch.
Bingo ... 288,000 summertime part time jobs at amusement parks, federal make work projects, private sector nepotism, etc.
Job loss erased, but danger lurks
Even with the job gains in Friday’s report, the unemployment rate rose to 4.7 percent in September from the 4.6 percent reading in August. That increase was in line with what economists had forecast, and was the highest unemployment rate since August 2006.
The July payroll reading was also revised higher by 25,000 jobs more than the earlier report. That means that there are 228,000 more Americans with jobs in this latest estimate, based on the September gain and the revisions, compared to the original reading from a month ago.
But, but, but...That was the “worst economy in 50 years!”
I don’t see how you can call the economy “improving” if the price of everything has gone through the root and our wages have remained the same or actually gone down.
799K PART-TIME Jobs were added, 523K (a half a million) full-time jobs were LOST. Average hourly wage earnings YoY FELL to 2.0%. HOW is this good news??????
The economy is not improving
and the chocolate ration was increased from 30 grams to 25 grams!
6.1 % unemployment ? yeah right. you govt guys better put those crack pipes down.
I’ll give him credit for starting the civil war
Importing all these diseases and bussing them around?
If half a school comes down with TB?
If a terrorist manages to kill many after crossing thru the south?
The country is TRYING to improve, but when it’s getting kicked in the balls all the time...how can it get up?
His golf game may be all that has improved but then again as score keeper he has a severe credibility problem.
Ok, just for the sake of argument, let’s say the economy HAS improved.
How, exactly, would Clueless-in-Chief have had anything to do with that? Anything at all?
its actually a pretty fair article it you read it...by no means is he waving the pom-poms for obama and says outright the cover looks better than the book reads with these numbers...
I can’t believe that our Founding Fathers didn’t put protective programs and people (White Knights?) in place to protect our Constitution and way of life (freedom). What a legacy all these useless politicians will have - not that it will matter anymore. Pray for our children and grandchildren!
The economy at the Washington Post must be doing really well, because it sucks everywhere else. Part time jobs at low wages, combined with real street inflation, groceries, fuel, electricity, insurance, rent, property taxes, wage freezes, and so on, doth not a good economy make. Add to that the jobless teenagers, college graduates, blacks, Hispanics, and people who can’t afford to hunt for work, or buy minutes for their Obama phones, and a lot of people are scraping rock bottom in Obama’s economy. Everyone knows that once the smoke and mirrors are gone, the economy is horrid.
I would “give credit” to Clown Prince nobama if he resigned immediately and disappeared. The fool & tool is the worst pResident ever. He should be in prison for his many and continuing crimes.
I think we should wait for the economy to actually improve before answering that question.
the method of making the official statistical “unemployment” rate (1) masks the real unemployment rate, (2) masks the growth of the long-term unemployed, (3) masks the growth of how many millions have completely left the work force, and (4) masks the declining job participation rate - all to sell the myth of the official unemployment rate.
Will Obama finally get some credit for the improving economy?
The economy has improved? Shirley you jest..........
My wife with 15 years experience has been looking for a FULL TIME job in the health care industry for over 3 years. Every job listed in 50 mile radius is PART Time and no or limited benefits. Gas is up, food cost are up, energy cost are up, healthcare costs are up, wages are stagnant.
The only credit I will give that asshat Obama is thank you for screwing up my Country!
To think only 6 years ago these were Mcjob’s now there the real thing. What changed?
The Summer of Recovery 6.0.
Americans should always get credit for a vibrant economy. The best thing politicians can do is get out of the way.
Lie. About 500,000 full-time jobs were destroyed, while about 800,000 PART-TIME jobs were "created."