Romney blasts Obama on jobs, calls April figures 'terrible'

Romney blasts Obama on jobs, calls April figures 'terrible'
05/04/12 09:30 AM ET -- The Hill

Romney says the jobs report is terrible !!

Only 115,000 were "created" or "added" or whatever they call it now.

Romney says to get up to pace, we need 500,000 !!
(good luck with That)

I think analysts were "expecting" 168,000.

Mitt Romney used the April jobs report to rip President Obama on Friday for his handling of the economy.

In an op-ed to the Cleveland Plain Dealer, Romney said Obama, who will officially launch his reelection campaign on Saturday with rallies in Ohio and Virginia, had offered only hollow promises on the economy.

And in an interview on Fox News, Romney said April’s jobs report, which showed the economy gaining 115,000 jobs, was too weak.

“We should be seeing numbers in the [range of] 500,000 jobs created per month,” Romney told Fox News. “This is way, way, way off from what should happen in a normal recovery.”

Unemployment dropped to 8.1 percent in April, but that was because workers gave up their search for a job.

“The reason that you’re seeing the unemployment rate go down is because you have more people dropping out of the workforce than you have getting jobs,” Romney continued. “It’s a terrible and very disappointing report this morning.”

CNBC has an interesting take:

Though the headline number indicated job creation, the total employment level for the month actually fell 169,000. The disparity likely emanates from a drop in the labor force participation rate — or the level of Americans actively looking for jobs or otherwise employed — from 63.8 percent to 63.6 percent, its lowest level since December 1981.

The amount of discouraged workers swelled from 865,000 to 968,000, an increase of 12 percent. Those working part-time for economic reasons surged 181,000 to more than 7.8 million.

OOps !!

Job Growth Just 115,000 in April, Rate Drops to 8.1%


Double OOps !!

An alternative measure of unemployment which counts those who have stopped looking for work held steady at 14.5 percent.

reply to post by xuenchen


Well, this is just terrible.

It's time for Plan B: - Deflect - Distract - Divide

It's the Obama Triple D Plan of 2012.

It's not very productive but they have to do something.

Will it work?

And you guys actually think there is an ounce of truth in anything either of these puppets have to say?

I have some ocean front property in Arizona....care to give me a bid?

Foolish...foolish.

Wanna know how you can tell a politician is lieing?.....his lips are moving....

Don't be a tool....stop listening to MSM....here is a hint....they are either bold face lieing to you...OR...they are only telling you part of the facts....

Romney = fail.....POTUS = fail....what part of this equation do you not understand?

Yes, it is so bad when unemployment drops

Romney is just desperate...and his claim of adding 500,000 jobs just shows how out of touch he is.

Originally posted by Eurisko2012
reply to post by xuenchen

 

Well, this is just terrible.

It's time for Plan B: - Deflect - Distract - Divide

It's the Obama Triple D Plan of 2012.

It's not very productive but they have to do something.

Will it work?

the Obama Triple D Plan

You just coined their new slogan !!

But it will only work on the ones who have been on assistance since before 2009.

All the "new" comers are mostly middle class lay offs.

The chicken feed assistance is not enough. They would rather get their jobs back and live normal again.

The average normal American has Had IT with Obama !

Originally posted by OutKast Searcher
Yes, it is so bad when unemployment drops

Romney is just desperate...and his claim of adding 500,000 jobs just shows how out of touch he is.

What he doesn't tell you is that his plan to increase jobs first starts with his favorite sport: firing people!

www.hulu.com...

2003 thru 2010

Democrat Congress Jobs = -8.0 million

Republican Congress Jobs = [color=limegreen]+8.1 million

Originally posted by OutKast Searcher
Yes, it is so bad when unemployment drops

Romney is just desperate...and his claim of adding 500,000 jobs just shows how out of touch he is.

The deception is there for everyone to see. The 8.1% rate reveals the truth.

Donald Trump spoke about it when the rate dropped from 8.3% to 8.2%.

- The job report was terrible and the rate dropped??? -

That current calculation at the Labor Department works for times of growth or recession.

In times of stagnation that number is meaningless.

That's why the stock market is falling today.

reply to post by xuenchen


hahahaha....what a crock of ridiculousness!

That graph is nothing more than stupid propaganda!

Tell me you aren't so silly you actually believe these things?....they are tools dude...they are not factually driven....hell you can manipulate any graph....omg....you folks make my head hurt....

the POTUS and Mr. Robot Romney have no answers...they are tricking and fooling you....they lie with each and every breathe....hoping you are too stupid to see the truth....

By all things good....drop the searches into their domains and just look around you...do you really think things are improving or going down?...no...they are at a stalemate....success trying to rise and fear of that success trying to smash it....

neither is your friend....you are being played like a fiddle...just stop and think for a change....

Originally posted by xuenchen
2003 thru 2010

Democrat Congress Jobs = -8.0 million

Republican Congress Jobs = [color=limegreen]+8.1 million

edit on May-04-2012 by xuenchen because: (no reason given)

That is a good graph.

This one is more current.



The trend is going the wrong way.

Is it too late to blame Bush?

Originally posted by OutKast Searcher
Yes, it is so bad when unemployment drops

Romney is just desperate...and his claim of adding 500,000 jobs just shows how out of touch he is.

But LOOK !!

Though the headline number indicated job creation, the total employment level for the month actually fell 169,000. The disparity likely emanates from a drop in the labor force participation rate — or the level of Americans actively looking for jobs or otherwise employed — from 63.8 percent to 63.6 percent, its lowest level since December 1981.

The amount of discouraged workers swelled from 865,000 to 968,000, an increase of 12 percent. Those working part-time for economic reasons surged 181,000 to more than 7.8 million.

It's the Carter Crap all over again......God help.

reply to post by xuenchen


This is what happens when a socialist walks into the White House and wraps

a wet blanket around Free Market Capitalism.

- Economic Policy Failure -
--------
The Obama Triple D Plan of 2012 will not work.

The American people want solutions not excuses.

Not surprising. Companies can't afford to hire more workers when their executive pay keeps increasing. Those $25k a year jobs are put on hold so they can give their CEO a 3 million dollar raise.

Originally posted by Kaploink
Not surprising. Companies can't afford to hire more workers when their executive pay keeps increasing. Those $25k a year jobs are put on hold so they can give their CEO a 3 million dollar raise.

The Fortune 500 can't hire when they have a dark cloud over their heads. - ObamaCare -

ObamaCare introduced - uncertainty - into the U S economy.

Nobody is hiring.

Best Buy is closing 50 stores.

HYPE & BLAME 2012! Let's see how they make this Bush's fault


"Well its the republicans, they refuse to do anything in congress to help the people... I need more power, give me more power"

sound about right?

Originally posted by DrNotforhire
HYPE & BLAME 2012! Let's see how they make this Bush's fault


"Well its the republicans, they refuse to do anything in congress to help the people... I need more power, give me more power"

sound about right?

I have a way for Obama to improve job growth.

Approve the Keystone Pipeline.

It's going to be built eventually. Obama is delaying the inevitable.

reply to post by Eurisko2012


Yeah, you notice how hes keeping a ten foot pole away from this issue?

He's deflecting and pushing blame onto the justice department

Besides being the most trite and pointless political "attack" these morons fail to understand real world economics; improvements in efficiency REMOVE jobs from the private sector.

Cellphones, internet, PDF's, teleconferencing, electronic tracking of products etc. all REMOVE jobs, as the tech is there to remove physical labor. This is what progress is. More, which the robotic talking heads never speak of, is that private companies DO NOT WANT TO hire more people. There is no badge of honor in hiring loads of workers, the idea is to reduce the workforce, increase efficiency and improve profitability(think Ford and the ModelT). No where in the system is "get to the point where we can just go out and hire people because it is good for America."

The point, there is always going to be job loss from now on, there will be no great wave of company x hiring 100k of new workers tomorrow because their feeling fat and happy. Want proof. Look to how many extra people Apple has hired since they've gone cash rich, market share jabba the hut and stock price obscene? By the zombie candidate speeches Apple should have hired thousands, or hundreds of thousands when the became the most valued company in the world - they didn't.

Originally posted by DrNotforhire
reply to post by Eurisko2012

 

Yeah, you notice how hes keeping a ten foot pole away from this issue?

He's deflecting and pushing blame onto the justice department

Obama Triple D Plan of 2012

- Deflect - Distract - Divide -

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Divide = Rich -vs- Poor / Men -vs- Women