Disappointing Jobs Report Diminishes Obama Acceptance Speech

The latest Labor Department report shows that job growth in America slowed abruptly in August.  Economists expected payrolls to increase by 125,000, but instead, new hires rose by only 96,000.  That is not enough to keep up with population growth, much less brighten the picture for millions of out of work Americans.  The unemployment rate dropped from 8.3 percent to 8.1 percent, but that was due to the large percentage of the American labor force that has given up trying to find work.

Over the past three and one half years, America’s economic growth has been tepid at best, with a jobless rate that has remained above 8 percent for more than three years.  That is longer than any period since the Great Depression.

http://finance.yahoo.com/news/payroll-growth-seen-tepid-may-0726227...

The latest bad news about the American economy has dealt yet another blow to Barrack Obama’s re-election chances.

When Obama and fellow “progressives” Democrats held un-opposable majorities in the House of Representatives and the United States Senate, they passed a $787 billion stimulus package that they promised would “save or create” millions of jobs and keep unemployment below 8 percent.  They told Americans that if the stimulus passed, unemployment today would be down to 5.4 percent.

Neither has happened.

This is why the disappointing jobs report diminishes the nomination acceptance speech Obama gave at the Democratic National Convention.

After three and one half years of economic stagnation, a minority of Americans still believe a litany of unfulfilled promises recycled from 2008 presidential campaign speeches.

Desperate “progressive” assertions that “It could have been worse” can easily be countered with “It could have been better without all that spending and future generations of Americas would owe a lot less money”  “It could have been worse” hold as much water as “I could have been rich.” Easy to say, sounds good, easy for low information/headline reading/sound-bite voters to remember. And it is impossible to prove.

Democratic “progressives” can go ahead and brush aside their candidate being reduced, at the last moment, to moving his acceptance speech into a venue that is 55,000 seats smaller than the one they originally planned to use.

The fact is, on the 2012 campaign trail, the largest crowd Obama has drawn is 14,000.

Where are the Greek columns? Where are the invitations for Obama to take his tour to European cities? Where are the females planted in the audience, fainting on cue to wow adoring crowds of impassioned, fervent believers?

Can you say phony Beatlemania?

What of the message coming out of this DNC? The only people who believe what was being said in Charlotte NC are the remaining low information/headline reading/sound-bite voters who believed what they were told back in 2008.  Obama having to relocate his speech to a smaller arena shows that today there are fewer “true believers.”

It was a disorganized, mishandled convention where thousands of “progressives”, while on national television, booed reinstating God and support for Jerusalem as Israel’s capitol into the “progressive” Democratic Party platform.

Smooth.

Members of the “progressive” Democratic Party should start getting used to hearing the words: “President Mitt Romney.”

http://mjfellright.wordpress.com/2012/09/07/disappointing-jobs-repo...

Views: 96

Comment by Robin on September 7, 2012 at 6:26pm

Hi Michael,

I watched Obama last night, only for the entertainment factor! Same things he said 4 years ago! Only now we are another 5 Trillion in debt! Most people on food stamps at 49 million and 23 million unemployed or underemployed, and all I heard was SPEND MORE! And the people rose and clapped and cried! Was hoping to see a fainter or two, but alas, my hopes were dashed. Oh yes, give us MORE SPENDING!  And they didn't even have a highwire act to watch. No ponys either.

Will be nice to say the words, President Romney!

Comment by Michael J. Fell on September 7, 2012 at 6:45pm

But Robin, didn't you hear? You belong to the government.

Comment by Jerseygal on September 7, 2012 at 6:59pm

Michael, we all belong to the government.  Here I was, thinking we all belonged to God.  Leave it to Democrats to try and change that!

Comment

You need to be a member of Fundamental Refounding to add comments!

Join Fundamental Refounding

Attention:

 

 

Please view our mission, policy, and legal disclaimer to learn about us by visiting the main menu.  Thank you.

 

STOP AGENDA 21!

Please sign the petition!

http://bit.ly/10RFpvs

 

CONTACT CONGRESS!

Let your voice be counted!

House:  http://1.usa.gov/mHZjgo

Senate:  http://1.usa.gov/3UAs

 

 

PLEASE PRAY FOR OUR NATION.

 

 

national debt

Founders' Corner

Latest Activity

RNhunter commented on RNhunter's blog post Science and the existence of God
"No, no, JG, there is nothing simplistic about what you just said. See? You like logic just like me.…"
42 minutes ago
D.A. posted discussions
1 hour ago
Watchman replied to D.A.'s discussion Bowe Bergdahl to be charged with desertion, retired officer tells Fox
"I think this is easy Don. Obama want's to close gitmo, this was his campaign promise. Bergdahl…"
14 hours ago
D.A. replied to Duke's discussion Two Traitors
"No one in Washington has the cojones to bring impeachment charges against "The first BLACK…"
17 hours ago
JeansBrother replied to D.A.'s discussion Bowe Bergdahl to be charged with desertion, retired officer tells Fox
"JG and D.A., It's good to have friends."
17 hours ago
Jerseygal replied to Duke's discussion Two Traitors
"Obama also freed Cuban spies in a covert deal we learned about after it was done. I think there is…"
18 hours ago
D.A. replied to D.A.'s discussion Bowe Bergdahl to be charged with desertion, retired officer tells Fox
"I think that means a compulsive liar is...... .....a compulsive liar.  "
18 hours ago
Jerseygal liked Duke's discussion Two Traitors
18 hours ago
Jerseygal replied to D.A.'s discussion Bowe Bergdahl to be charged with desertion, retired officer tells Fox
"I don't know, but I'd bet he was lying."
18 hours ago
JeansBrother replied to D.A.'s discussion Bowe Bergdahl to be charged with desertion, retired officer tells Fox
"I wonder what it means when a compulsive liar declares his transparency?"
18 hours ago
Jerseygal replied to D.A.'s discussion Bowe Bergdahl to be charged with desertion, retired officer tells Fox
"All the negotiations for this went on behind the scenes, as did the negotiations and shenanigans…"
18 hours ago
Jerseygal liked D.A.'s discussion Bowe Bergdahl to be charged with desertion, retired officer tells Fox
18 hours ago
D.A. posted discussions
yesterday
Watchman liked RNhunter's blog post Science and the existence of God
yesterday
D.A. replied to D.A.'s discussion Bowe Bergdahl to be charged with desertion, retired officer tells Fox
"There has to be more to this story. What was behind trading five Taliban terrorists for the…"
yesterday
Duke posted a discussion

Two Traitors

So Bergdahl gets charged as a deserter, and should be punished accordingly, then what do you call…See More
yesterday

© 2015   Fundamental Refounding.

Badges  |  Report an Issue  |  Terms of Service