New unemployment numbers: Quick, blame Bush!
Waiting for “we inherited this” spin from the White House…
Employers cut a larger-than-expected 467,000 jobs in June, driving the unemployment rate up to a 26-year high of 9.5 percent, suggesting that the economy’s road to recovery will be bumpy.
The Labor Department report, released Thursday, showed that even as the recession flashes signs of easing, companies likely will want to keep a lid on costs and be wary of hiring until they feel certain the economy is on solid ground.June’s payroll reductions were deeper than the 363,000 that economists expected.
However, the rise in the unemployment rate from 9.4 percent in May wasn’t as sharp as the expected 9.6 percent. Still, many economists predict the jobless rate will hit 10 percent this year, and keep rising into next year, before falling back.
All told, 14.7 million people were unemployed in June.
Via AP.
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OPERATION OVER-REACH posts another milestone…
Rags, this is why the tea parties are so important now. Its time to ratchet up the pressure. The “independents” are turning in droves.
All this noise about BarryO’s super high approval ratings is nonsense. Check the presidential approval ratings since FDR. Dear Leader is actually below average and sinking fast.
http://en.wikipedia.org/wiki/Presidential_approval_rating
I think I’m one of a very few people who has mentioned the skewing influence in popularity numbers that the African-American population is exerting.
AA support is nearly unitary in these polls. That has never been true of other president’s numbers. Check it out.
IF the numbers were corrected for THE ONE’s racial component…lots of people won’t say anything bad about him because of his race…I think the numbers would be MUCH lower.
Never let it be said I cow-tow to PC nonesense…
The four highest approval ratings came after 9/11, Persian Gulf War, VE-Day, and Pearl Harbor. And coincidentally, Obama launches an attack in Afghanistan after making Bring The Troops Home a campaign theme. OK, I’m cynical this morning.
I’m a little late to this here party, but there’s only 2 posts by lgm in a forum with ‘blame Bush’ in the title??
Well, slap mah face & stuff me wit chit’lins!
Morning Aloha. And sadly, 41 lost the election just 10 months after that. I guess it was the economy, stupid.
Cynicism approved.
I expect Edlewuss and Ilovemycuber will crawl out of bed sometime this afternoon, shake off their drug-induced stoooooper, and post here.
lgm has kind of shot his history-revising, outright lying wad for the time being. I expect his keyboard is hot with KosSACK research to find something…anything…
lgm you have to lock your keyboard when you go to lunch, or the grad students will keep messing with your computer.
lgm you have to lock your keyboard when you go to lunch, or the
grad studentsgrounds-keeper union steward will keep messing with your computer.FIXED…
So, when is lgm notout to lunch. Just sayin.
Kosbats give it a good try of blaming Bush and those before him
Well, considering that a. that was an idiotic view of what happened, and b. Obama and the Dem congress seem to live in their own little world, I would say no.
They just do not seem to understand that it is government policies which have created the most problems in employment.
I totally agree, there is virtually nothing Obama can do or not do that would drop his black support below %95.
And plenty of others, ecpecially whites, are reluctant to say anything negative for fear of being thought of as racist.
LOL–BOB–you ust have been reading the forum regarding Sharpton’s, ahem, ‘dancing’.
Isn’t is strange…and revealing…that nobody touches this.
Not just in the MSM, where we kind of expect this studied refusal to deal with reality. I’ve never seen anyone in the conservative punditry take this on, either.
Maybe it is one of those radioactive topics that we have to lead our thinkers on…
If so, consider yourselves led, certified smart people…
I am so tired of this bloody ‘global guilt’ (to borrow a phrase from ‘AbFab’)–if it’s not racism it’s homophobia; if not homophobia it’s the damn adoration of chloropyll.
Spacey;
Guilt seems to be one of those indulgences that affluence permits us to wallow in…kind of like celebrity worship.
I remember, in high school in the 60′s, an assembly where a movie on slavery in the US was screened. A lot of the kids were visibly shaken and manifesting guilt. I remember thinking, “Whoa, this is news? And, what’s with this guilt? We weren’t there, and we didn’t do any of this.” My high school class president was a black kid, and that was in a school that was about 75% white, 10% Hispanic, and the rest Black and Asian.
I don’t remember the context, but I heard this…or something like it…a while back:
The Baby Boom and younger generations worry about how much ice the Polar Bears have.
Every generation before worried about how to properly cook a Polar Bear.
well, Ragspierre, we’re both considered ‘boomers’–why didn’t the guilt stick to us?
Well, in my case…
I’m a hard-headed rationalist.
Like the character in Analyze This said about being an idiot, “I’m known for it…”
I’ve got plenty about which I can feel guilty. I NEVER needed to take on more…not even (or especially) when someone insisted I should.
I have a well-developed “SCREW THAT” reflex.
Boomers! We don’t suffer from insanity, we enjoy every minute of it!
Obama’s Czar of Stimulus Project is still trying to round up a bunch of the chronically unemployed, who Robert Reich indicated would be the backbone of the workforce that will work the stimulus project, esp. in construction.
Hang on just a little bit longer, and as soon as the Czar can assemble enough people to put down the crack pipe or get released from jail, things will really start rolling.
Fixed it.
Oooops! sonofdy did not say that. He was quoting lgm who did say that a few comments before. I picked up sonofdy’s name on the comment by mistake.
My bad … and apologies to sonofdy. The usual Bronx cheer to lgm.
Man, I would love to attend a Barry Obama town-hall meeting. I would ask, “Mr. Obama, you’ve been quite adept at denouncing the prior administration; but, when will you start to accept responsibility for the problems you’ve created in this country?” I’d love to here his answer; I’ll bet I would get the “evil-eye”!
Gotta love how the MSM spins this. The road to recovery will be “bumpy”. A 26 year high in the unemployment rate under President Bush would warrant “The road to recovery is no where in sight. The 9.6% rate is devastating!”.