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Will Obama finally get some credit for the improving economy?
Washington Post ^ | July 3, 2014 | BY PAUL WALDMAN

Posted on 07/03/2014 1:44:38 PM PDT by Oldeconomybuyer

Today’s 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 shouldn’t 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 they’d rather have full-time jobs.

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


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: bhoeconomy; failure; journalism; media; obama

1 posted on 07/03/2014 1:44:38 PM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

Common Core Mathematics


2 posted on 07/03/2014 1:45:39 PM PDT by molson209 (Blank)
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To: Oldeconomybuyer

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.


3 posted on 07/03/2014 1:46:33 PM PDT by nascarnation (Toxic Baraq Syndrome: hopefully infecting a Dem candidate near you)
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To: Oldeconomybuyer

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.


4 posted on 07/03/2014 1:46:53 PM PDT by Nachum (Obamacare: It's. The. Flaw.)
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To: Oldeconomybuyer

I’ll give him credit - http://www.zerohedge.com/news/2014-07-03/june-full-time-jobs-plunge-over-half-million-part-time-jobs-surge-800k-most-1993


5 posted on 07/03/2014 1:48:06 PM PDT by RightGeek (FUBO and the donkey you rode in on)
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To: Oldeconomybuyer

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.


6 posted on 07/03/2014 1:49:34 PM PDT by Oliviaforever
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Comment #7 Removed by Moderator

To: Oldeconomybuyer

Just imagine if he golfed everyday, how much better we all would be off?

I see this journolista’s point.


8 posted on 07/03/2014 1:49:42 PM PDT by NormsRevenge (Semper Fi - Revolution is a'brewin!!!)
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To: Oldeconomybuyer
Will Obama finally get some credit for the improving economy?

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!!

9 posted on 07/03/2014 1:51:13 PM PDT by GoldenPup
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To: Oldeconomybuyer

Lololololololo! Things are rockin now. Oh my sides hurt.


10 posted on 07/03/2014 1:51:38 PM PDT by rktman (Ethnicity: Nascarian. Race: Daytonafivehundrian)
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To: Oldeconomybuyer

0bama’s getting more credit for us to carry everyday.


11 posted on 07/03/2014 1:51:40 PM PDT by Paladin2
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To: Oldeconomybuyer

Okay - from a minus 10 to a minus 6 does show improvement.


12 posted on 07/03/2014 1:53:46 PM PDT by SkyDancer (If you don't read the newspapers you are uninformed. If you do read newspapers you are misinformed)
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To: Oldeconomybuyer

We’re 5 MONTHS before the November midterm elections. Will the economy go back into a slump right after November? LOL


13 posted on 07/03/2014 1:54:51 PM PDT by CivilWarBrewing
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To: Oldeconomybuyer
"Will Obama finally get some credit for the improving economy?"

Of course he will. The media gives him credit just for getting up and making it to his 10:00 AM briefing.

14 posted on 07/03/2014 1:55:04 PM PDT by Baynative (How much longer will the media be able to prop up this administration?)
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To: Baynative

I’m sure that killing the XL Pipeline helped plenty.


15 posted on 07/03/2014 1:57:51 PM PDT by Paladin2
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To: Oldeconomybuyer

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.


16 posted on 07/03/2014 1:58:22 PM PDT by Breto (Stranger in a strange land... where did America go?)
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To: RightGeek

Bingo ... 288,000 summertime part time jobs at amusement parks, federal make work projects, private sector nepotism, etc.


17 posted on 07/03/2014 2:03:53 PM PDT by RetiredTexasVet (Surgeon General Warning: Operation of Government Motors vehicles may be hazardous to your health)
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To: Oldeconomybuyer

http://money.cnn.com/2007/10/05/news/economy/jobs_september/

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 hate the Obamaton Media


18 posted on 07/03/2014 2:04:50 PM PDT by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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To: Paladin2

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.


19 posted on 07/03/2014 2:05:07 PM PDT by jsanders2001
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To: Oldeconomybuyer

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??????


20 posted on 07/03/2014 2:05:30 PM PDT by Mechanicos (When did we amend the Constitution for a 2nd Federal Prohibition?)
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To: Oldeconomybuyer

The economy is not improving


21 posted on 07/03/2014 2:05:48 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: Mechanicos

and the chocolate ration was increased from 30 grams to 25 grams!

huzzah


22 posted on 07/03/2014 2:07:40 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: Oldeconomybuyer

6.1 % unemployment ? yeah right. you govt guys better put those crack pipes down.


23 posted on 07/03/2014 2:07:57 PM PDT by kingattax (a real American would rather die on his feet than live on his knees.)
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To: Oldeconomybuyer

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?

Look out.


24 posted on 07/03/2014 2:12:03 PM PDT by reefdiver (Be the Best you can be Whatever you Dream to be)
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To: Oldeconomybuyer

The country is TRYING to improve, but when it’s getting kicked in the balls all the time...how can it get up?


25 posted on 07/03/2014 2:13:17 PM PDT by Thorliveshere (Minnesota Survivor)
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To: NormsRevenge

His golf game may be all that has improved but then again as score keeper he has a severe credibility problem.


26 posted on 07/03/2014 2:13:42 PM PDT by mcshot (..."And this too shall pass.")
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To: molson209

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?

Anyone? Bueller?


27 posted on 07/03/2014 2:15:20 PM PDT by Walrus (I love the America that used to be ---I hate the America that now IS!)
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To: Oldeconomybuyer; 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...


28 posted on 07/03/2014 2:19:12 PM PDT by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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To: Thorliveshere

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!


29 posted on 07/03/2014 2:21:51 PM PDT by mcshot (..."And this too shall pass.")
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To: Oldeconomybuyer

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.


30 posted on 07/03/2014 2:25:39 PM PDT by pallis
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To: mcshot

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.


31 posted on 07/03/2014 2:25:52 PM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: Oldeconomybuyer

I think we should wait for the economy to actually improve before answering that question.


32 posted on 07/03/2014 2:27:07 PM PDT by Hoodat (Proverbs 29:2)
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To: Oldeconomybuyer

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.


33 posted on 07/03/2014 2:39:00 PM PDT by Wuli
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To: Oldeconomybuyer

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!


34 posted on 07/03/2014 2:53:19 PM PDT by SECURE AMERICA (I am an American Not a Republican or a Democrat.)
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To: Oldeconomybuyer

To think only 6 years ago these were Mcjob’s now there the real thing. What changed?


35 posted on 07/03/2014 2:56:35 PM PDT by woodenickel
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To: Oldeconomybuyer

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.


36 posted on 07/03/2014 2:58:57 PM PDT by Moonman62 (The US has become a government with a country, rather than a country with a government.)
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To: Oldeconomybuyer
...288,000 new jobs were created in June...

Lie. About 500,000 full-time jobs were destroyed, while about 800,000 PART-TIME jobs were "created."

http://www.zerohedge.com/news/2014-07-03/june-full-time-jobs-plunge-over-half-million-part-time-jobs-surge-800k-most-1993

37 posted on 07/03/2014 10:24:58 PM PDT by Arthur McGowan
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