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-Election 2012
Bleak jobs report spells trouble for Obama re-election
2012-06-02
[Iran Press TV] Republican presidential candidate Willard Mitt Romney
...former governor of Massachussetts, currently the presumptive Publican nominee for president. He is the son of the former governor of Michigan, George Romney, who himself ran for president after saving American Motors from failure, though not permanently. Romney's charisma is best defined as soporific, which is probably why he is leading the Publican field. On the plus side, he isn't President B.O...
called a disappointing U.S. jobs report for May "devastating news" on Friday and a sign that President Barack Obama
I don't sit around just talking to experts because this is a college seminar, we talk to these folks because they potentially have the best answers, so I know whose ass to kick...
's economic policies have failed.

Romney moved quickly to take political advantage of the Labor Department's report that U.S. unemployment had moved up slightly to 8.2 percent in May from 8.1 percent, with the economy adding only 69,000 jobs for the month, far fewer than anticipated.

"Today's weak jobs report is devastating news for American workers and American families," he said in a statement.

He called the May report "a harsh indictment of the President's handling of the economy."

"It is now clear to everyone that President B.O.'s policies have failed to achieve their goals and that the Obama economy is crushing America's middle class. The president's re-election slogan may be 'forward,' but it seems like we've been moving backward," he said.
Posted by:Fred

#8  Bleak jobs report spells trouble for Obama re-election, Oh goodie.
Posted by: Redneck Jim   2012-06-02 13:04  

#7  Perpetual expansion of credit sounds very much like a perpetual motion engine. As in, not possible & will cease to function at some point.
Posted by: Anguper Hupomosing9418   2012-06-02 11:26  

#6  By extending the recession more of the unemployed are exhausting their benefits. This has "reduced" the unemployment rate because these people are no longer counted.

But they know who they are, and they know they are no longer receiving that sweet, sweet sugar from Unca Sam.

We are not Europe yet; most of these folks will want to get back to work -- and they know O'Bumble just doesn't have what it takes to turn this around.
Posted by: regular joe   2012-06-02 09:13  

#5  Forty percent of the country is too stupid, tribal, venal, or encased in a leftist media bubble (often on purpose) to see that Obama has failed.

Sixty percent have either known all along or have figured out in the past 3+ years that he and his team are grossly incompetent, pseudointellectual dilletante poseurs and rent-seeking parasitic exploiters of the private sector.

However, many of that sixty percent don't care, many have some axe to grind philosophically and don't care if doing so takes out the U.S., and many are on the public sector gravy train directly or through regulatory pressure and rent-seeking "private" businesses, and so they want Obama to stay anyways.

Here's the thing....what percentage of that sixty per cent aren't getting a government check of one sort or another, don't have some bizarre ideological axe to grind, AND will be motivated to show up in November?

Upon that the election will swing.
Posted by: no mo uro   2012-06-02 05:22  

#4  41 months and still taking on water. It may be time.
Posted by: Besoeker   2012-06-02 04:38  

#3  Newc in a way a great deal of it really is all about Obama.

Consider Obama's actions & desires in light of the bedrock principle that in a fiat money system where wealth creation, and therefore economic expansion, is premised on the perpetual expansion of credit. In such a system the key component that prods ahead or retards, or even destroys, economic growth is confidence or the lack thereof.

Have Obama's actions fostered or undermined confidence? I'll posit that on nearly every imaginable front he has advanced policy or stated a strong desire to advance policy that has undermined confidence in the US economy. Which isn't to say that absent Obama everything would be fine & we'd be growing at a China-like clip; very clearly that's not the case. But when given a chance to advance or undermine the US economy Obama has steadfastly chosen the latter course and he has no one left to blame but himself for the consequences.

Obama commences Operation Wag the Dog in 3 ... 2 ... 1 .....


Posted by: AzCat   2012-06-02 01:39  

#2  Because we all know, it is all about obama.
Posted by: newc   2012-06-02 01:03  

#1  IMO Artic also read, BAD NEWS FOR IRAN AS PER AVOIDING WAR WID OBAMA = US.

* OTOH IIRC FREEREPUBLIC this AM > BREAKING: ROMNEY DID NOT WIN REPUBLICAN NOMINATION.

"Mittens" repor has only 1/2 of the Delegates required, hence cannot safely claim the GOP nomination despite Ron Paul being the only oppos contender left.

* CHINESE MILITARY FORUM > IFF JEB BUSH PICKED AS VPOTUS BY ROMENY, NEOCONS WILL HAVE A SURE SHOT AT [defeating]OBAMA | [ABC News] JEB BUSH AS [Romney]VEEP SPECULATES "I WOULD CONSIDER THE PROPOSAL VERY CAREFULLY".

CMF POSTER believes that JEB-led, Neo-Con = GOP-Right victory in November = lead to ...
> Restablishment of US as [dominant?] Pacific Power.
> Increased US Govt-Budget Spending as much as 20X current.
> US to align itself wid former SE Asia antagonist Vietnam [PHIL, Other?] to counter or fight China.

JEB BUSH vs. NEWT vs. RON PAUL/RAND PAUL vs. SANTORUM vs. MARC RUBIO vs. COLIN POWELL? CONDI? HILLARY? vs ... IN THE GOP'S = RNC'S GREAT "BATTLE OF ROMNEY"???
Posted by: JosephMendiola   2012-06-02 00:55  

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