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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


1 posted on 06/01/2012 7:21:14 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer
Let me guess... this is Bush's fault?
2 posted on 06/01/2012 7:26:20 AM PDT by E. Pluribus Unum (Government is the religion of the sociopath.)
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To: Oldeconomybuyer; Allegra; big'ol_freeper; Lil'freeper; TrueKnightGalahad; blackie; ...
Re: Obama administration says jobless rate rise unacceptable

Hey, this fact is Bush 43 was in the White House yesterday... so this is all his fault!

3 posted on 06/01/2012 7:27:00 AM PDT by Bender2 ("I've got a twisted sense of humor, and everything amuses me." RAH Beyond this Horizon)
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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,” Solis told the CNBC network on Friday.

“Becuse I’m up for re-election,” added Obama.


4 posted on 06/01/2012 7:27:08 AM PDT by al_c (http://www.blowoutcongress.com)
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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," Solis told the CNBC network on Friday.

I agree with Solis. But regrettably, it's too late for impeachment.

5 posted on 06/01/2012 7:28:49 AM PDT by ILS21R (John Locke: When the social contract is broken, the people must revolt.)
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To: Oldeconomybuyer

It is starting to get so stupid. When the job numbers were improving even a teensy-weensy bit it was because of the magnificence of Zero, now that they are dropping again it is the fault of three other people, Congress, Europe, and President Bush. What a retard and my apologizes to true retards for including this reject from the retards with them. Osama is in a class by himself (and pun intended related to public education).


6 posted on 06/01/2012 7:29:37 AM PDT by ProudFossil (" I never did give anyone hell. I just told the truth and they thought it was hell." Harry Truman)
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To: E. Pluribus Unum
Bush was in DC for a day yesterday...

(Sarcasm tag off)

7 posted on 06/01/2012 7:29:46 AM PDT by Timber Rattler (Just say NO! to RINOS and the GOP-E)
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To: Oldeconomybuyer

Par for the course: claim credit for anything he can spin as good economic news, blame others for everything else.


8 posted on 06/01/2012 7:30:15 AM PDT by Constitutionalist Conservative (I'm a constitutionalist, not a libertarian. Huge difference.)
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To: al_c
Obama calls on Congress to take action but next week, he'll sign some environmental executive order that will inevitably kill thousands of jobs. Wash, rinse, repeat.
9 posted on 06/01/2012 7:32:43 AM PDT by liberalh8ter (If Barack has a memory like a steel trap, why can't he remember what the Constitution says?)
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To: E. Pluribus Unum

“Let me guess... this is Bush’s fault?”

***

Now it’s Congress’ fault.

Time for more stimulus.


10 posted on 06/01/2012 7:32:43 AM PDT by fatnotlazy
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To: E. Pluribus Unum

No, apparently it’s Congress’s fault now — probably just the House though.


11 posted on 06/01/2012 7:33:10 AM PDT by kevao
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To: al_c

Porkulus was passed back in Feb. 2009. Porkulus was supposed to keep unemployment below 8%.

Since Obama and the Dems. passed Porkulus, nothing else should be necessary. Once Porkulus kicks in, there should be nothing to worry about.

Obama should be reminded as to what he claimed would happen with Porkulus, and be asked why we need some other actions taken.


12 posted on 06/01/2012 7:35:11 AM PDT by Dilbert San Diego
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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," Solis told the CNBC network on Friday.

LOL! When the unemployment rate was going down the Democrats were crowing about it and taking credit. Now that it is going back up it is the fault of congress.

13 posted on 06/01/2012 7:35:19 AM PDT by VeniVidiVici (Congrats to Ted Kennedy! He's been sober for two years now!!)
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To: Oldeconomybuyer

"His fault!"

14 posted on 06/01/2012 7:36:04 AM PDT by dead (I've got my eye out for Mullah Omar.)
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To: Oldeconomybuyer

Of course it’s “unacceptable”. He wants it to be higher so that he can get “the public” to press for more government entitlements.


15 posted on 06/01/2012 7:36:11 AM PDT by freeangel ( (free speech is only good until someone else doesn't like it)
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To: Oldeconomybuyer

“Obama administration says jobless rate rise unacceptable”

Why thank you, Supreme Commander Barron Von Obvious!


16 posted on 06/01/2012 7:36:35 AM PDT by VanDeKoik (If case you are wondering, I'm STILL supporting Newt.)
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To: E. Pluribus Unum

zer0 should not just complain about these numbers, he should do something about it! Like, every month prior to November, make sure that more people leave the work force, thus reducing the denominator...


17 posted on 06/01/2012 7:36:58 AM PDT by C210N ("ask not what the candidate can do for you, ask what you can do for the candidate" (Breitbart, 2012))
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To: Oldeconomybuyer

18 posted on 06/01/2012 7:38:01 AM PDT by Erik Latranyi (When religions have to beg the gov't for a waiver, we are already under socialism.)
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To: VeniVidiVici

And Obama is dropping in the polls.

Maybe we can do another gay marriage week in the media, to change the subject? Put a picture of Obama on a magazine, and put a halo over his head. Let’s talk about all of that rather than the economy.

Or let’s talk about how Romney put the dog on top of his car. That should outrage enough people to convince them to vote for Obama.

Or, why don’t we get back to the war on women again? Republicans want to take away birth control. Only good Democrats are in favor of birth control.

Heck, let’s even express outrage about something Rush Limbaugh said. Let’s take it, blow it all out of proportion, take it out of context, and say that Romney and Republicans believe everything Rush Limbaugh says. Let’s scare everyone about talk radio, so that people will be scared and vote for Obama.


19 posted on 06/01/2012 7:42:02 AM PDT by Dilbert San Diego
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To: Oldeconomybuyer

The Buck Stops There!


20 posted on 06/01/2012 7:42:45 AM PDT by Iron Munro (If you want total security go to prison. The only thing lacking is freedom. D. D. Eisenhower)
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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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To: Deo volente

For those whom won’t warm up to Romney or are warming up this guy Obama should want to make you fall in LOVE w/ Mitt......! Can’t wait to see the spin on the news tonite and the crashing poll numbers for ZERO next week!


41 posted on 06/01/2012 8:24:08 AM PDT by Republic Rocker
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To: C210N

If Obama’s BLS had an enforcement arm...

Wife sees armored vehicle pull up front:
“Oh no! Honey, you haven’t been looking for work again have you?”


42 posted on 06/01/2012 8:28:18 AM PDT by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)
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To: Oldeconomybuyer

Its more of that that “leadership” thingy that he seems to have a problem with, I imagine.


43 posted on 06/01/2012 8:29:16 AM PDT by KC Burke (Plain Conservative opinions and common sense correction for thirteen years.)
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To: Oldeconomybuyer
President Barack Obama's administration called on Congress to do more to help the economy create jobs

Hey, silly boy, I thought you said if Congress wouldn't "help" you that you'd do it on your own? Well??

44 posted on 06/01/2012 8:40:38 AM PDT by upchuck (Need is not an acceptable lifestyle choice; dependent is not a career. ~ Dr. Tim Nerenz)
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To: E. Pluribus Unum

Voters have to take some action. This rise in unemployment is unacceptable.


45 posted on 06/01/2012 9:14:34 AM PDT by rod1 (CTLY)
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To: Republic Rocker
I'm not going to fall in love with Romney.

But it does look like I will be voting for him.

His main attraction for me is that he doesn't hate the USA.

Obama does.

Not sure Mitt will do any good but he won't be actively working for things to get worse out of sheer spite.

( I am not sure if that is damning with faint praise or praising with faint damning.)

46 posted on 06/01/2012 9:21:37 AM PDT by Harmless Teddy Bear (Migrating elephant herds react badly to flaming motor homes and dry ice doesn't repel killer bees)
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To: Harmless Teddy Bear
Obama spent 3 years playing Golf

Now he has been to 143 events to raise money while GW Bush only has 80

47 posted on 06/01/2012 9:24:21 AM PDT by scooby321 (h tones)
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To: Bender2

Marx, Engels are in charge of economic policy..I feel bad for whoever the current press secretary is. GUARANTEED EPIC FAIL. Gibbs and the Iraqi Information Minister have both been fired by Team Obama as Press Secretaries. Meet the new White House Press Secretary.....Jim Mora.

"Layoffs!!! Layoffs??? Don't talk about layoffs. Layoffs??!!"


48 posted on 06/02/2012 8:29:34 PM PDT by Eric Blair 2084 (I don't always drink beer, but when I do, I prefer to drink a bunch of them. Stay thirsty my FRiends)
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