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Obama administration says jobless rate rise unacceptable
Reuters via Yahoo! News ^ | June 1, 2012

Posted on 06/01/2012 7:21:10 AM PDT by Oldeconomybuyer

(Reuters) - President Barack Obama's administration called on Congress to do more to help the economy create jobs, with Labor Secretary Hilda Solis saying May's rise in the unemployment rate was unacceptable.

"Congress has to take some action because while we see the unemployment rate where it is, it's not acceptable," Solis told the CNBC network on Friday.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Constitution/Conservatism; News/Current Events; Politics/Elections
KEYWORDS: election2012; failure; obamanomics; socialism
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To: Oldeconomybuyer

Really? Is it really?

Your career dissipation light is starting to blink and as the summer and fall approach I expect you will get bonding migraines as that thing goes full tilt blinking ever faster and brighter.

“Run to light Barry! Run!”

“Yes you Can’t!”


21 posted on 06/01/2012 7:46:05 AM PDT by Vendome (Don't take life so seriously, you won't live athrough it anyway)
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To: Oldeconomybuyer

Really? Is it really?

Your career dissipation light is starting to blink and as the summer and fall approach I expect you will get bonding migraines as that thing goes full tilt blinking ever faster and brighter.

“Run to light Barry! Run!”

“Yes you Can’t!”


22 posted on 06/01/2012 7:46:43 AM PDT by Vendome (Don't take life so seriously, you won't live athrough it anyway)
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To: Oldeconomybuyer

Can cries of “Those Eeeeeevil Grrrrrrreeedy Corporations are hoarding PILES OF CASH and DELIBERATELY not hiring people because they want to destroy our First Black President” be very far behind?


23 posted on 06/01/2012 7:48:57 AM PDT by Buckeye McFrog
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To: Oldeconomybuyer

Hey Barry, wait til you check out those November 2012 employment numbers!


24 posted on 06/01/2012 7:50:28 AM PDT by Freestate316
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To: Oldeconomybuyer; All
"unacceptable"
what???.. oh! I get it now... it's unacceptable b/c it's too low.
the Marxist in Chief; wants it to be @ 50% of total population...
so go back to your "other" pursuits...boy toys/golf games/vacations.

25 posted on 06/01/2012 7:52:10 AM PDT by skinkinthegrass (WA DC E$tabli$hment; DNC/RNC/Unionists...Brazilian saying: "$@me Old $hit; different flie$". :^)
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To: ProudFossil

Naw, the really stoopit part is they found a way to tamp down the real number.

Every week they have to revise their numbers and this will make the 40th week in a row they will pull this stunt.

I expect the numbers to be revised by the middle of the month, certainly by July 4th showing a sharper increase than previously reported.

I predict we go into summer @ 8.4% with a lower than expected CPI as consumers sharply decrease spending due to fears of the economy and high fuel prices.


26 posted on 06/01/2012 7:52:46 AM PDT by Vendome (Don't take life so seriously, you won't live athrough it anyway)
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To: Oldeconomybuyer

He’s frackin’ stupid for one thing........


27 posted on 06/01/2012 7:53:05 AM PDT by Sacajaweau
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To: ProudFossil

Naw, the really stoopit part is they found a way to tamp down the real number.

Every week they have to revise their numbers and this will make the 40th week in a row they will pull this stunt.

I expect the numbers to be revised by the middle of the month, certainly by July 4th showing a sharper increase than previously reported.

I predict we go into summer @ 8.4% with a lower than expected CPI as consumers sharply decrease spending due to fears of the economy and high fuel prices.


28 posted on 06/01/2012 7:53:13 AM PDT by Vendome (Don't take life so seriously, you won't live athrough it anyway)
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To: Oldeconomybuyer

Then he should call off his EPA, get rid of Dodd Frank, and cancel obamacare.


29 posted on 06/01/2012 7:54:00 AM PDT by jersey117
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To: Oldeconomybuyer
I believe Obama does NOT want a second term...Well, actually, I think it's up to Michelle.

It's about money....She's figuring on doing the circuit and dumping her "idiot husband".

30 posted on 06/01/2012 7:57:01 AM PDT by Sacajaweau
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To: Oldeconomybuyer

What Obama and his minions don’t realize is the tremendous effect a leader can have in setting the tone. And that capital CAN MOVE from where it isn’t wanted to were it is.

In the 80s, Reagan made it quite clear that he was pro-business, encouraging investment, and would try to run his administration in a helpful way - and we saw the results.

In contrast, from DAY ONE, Obama has been hostile to business both in comments and policy. His administration has gone out of its way to put more regulatory roadblocks in the way of everyday businesses. He’s blamed business and wealthy people for almost every trivial problem in society.
And we see the results.

this is 100% on idiotic Obama

.... time for another vacation!!


31 posted on 06/01/2012 7:58:35 AM PDT by canuck_conservative
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To: ILS21R

Beauuuuuuuuuuuuutiful!


32 posted on 06/01/2012 8:03:53 AM PDT by NonValueAdded (Extraneous Wind sends ...)
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To: Oldeconomybuyer
In other news: Obama's NCAA brackets looking good, despite upsets

Bobo's bracket picking ability is ranked in the top 1% at ESPN.com. That takes some serious attention to detail. Word has it he governs the White House tennis court reservations better than Jimmy Carter did. Of course Mantoinette gets top priority.


33 posted on 06/01/2012 8:06:42 AM PDT by Reeses
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To: Oldeconomybuyer
"Congress has to take some action because while we see the unemployment rate where it is, it's not acceptable,"

I agree. Congress should immediately pass a combination of tax and spending cut.

34 posted on 06/01/2012 8:08:03 AM PDT by The_Victor (If all I want is a warm feeling, I should just wet my pants.)
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To: Buckeye McFrog

Ya, I remember Michael Moore among other, had commented that corporations had “trillions of dollars in cash” but were not using it.

Moore said that the cash was being hoarded, and that this cash was a “national resource”, which should be used for the good of the people, or something along those lines.

Michael Moore is personally a multi-millionaire. Maybe he could set an example, and share some of his cash. Show us how it’s done.


35 posted on 06/01/2012 8:08:33 AM PDT by Dilbert San Diego
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To: Oldeconomybuyer

Strong words are easy when you are leading from behind (again!)


36 posted on 06/01/2012 8:10:06 AM PDT by Cletus.D.Yokel (Catastrophic Anthropogenic Climate Alterations - The acronym explains the science.)
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To: Vendome

March and April numbers have already been revised downward by 49,000.


37 posted on 06/01/2012 8:14:21 AM PDT by Deo volente (God willing, America will survive this Obamination.)
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To: Oldeconomybuyer

38 posted on 06/01/2012 8:15:05 AM PDT by VeniVidiVici (Congrats to Ted Kennedy! He's been sober for two years now!!)
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To: Dilbert San Diego
Maybe he could set an example, and share some of his cash.

Mike's net worth is estimated at $50 million.

That would mean about 500 bucks for each resident of his hometown of Flint Mich.

A significant amount of booze, grass, and blow.

39 posted on 06/01/2012 8:17:29 AM PDT by nascarnation
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To: Deo volente

There you go. Trending.....


40 posted on 06/01/2012 8:18:11 AM PDT by Vendome (Don't take life so seriously, you won't live athrough it anyway)
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