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Dismal Job Growth and Stagnation Will Unseat Obama
The Fiscal Times ^ | May 3, 2012 | EDWARD MORRISSEY

Posted on 05/03/2012 4:55:27 AM PDT by richardb72

For months, the Obama administration has told American voters that the nation had turned the corner on a stagnant recovery. Job creation picked up in December, January, and February, averaging a decent if unspectacular 217,000 jobs added monthly during that period.

It seemed as though the economy would provide the White House with momentum heading into a tough election fight -- not just for the White House but also for the Senate where Democrats have to defend 23 of the 33 seats up for election this year. Evidence of success from Barack Obama’s economic policies might keep both in Democratic hands, especially as voters start taking the election seriously this summer.

A month ago, the March numbers dashed those hopes. Job creation slowed significantly to 120,000, and a few weeks later, the GDP report for the first quarter provided some explanation. Growth slowed from a pedestrian 3.0 percent in the fourth quarter of 2011 to a stagnation-level 2.2 percent. Still, the White House suggested that this was merely a hiccup in an overall improvement for job creation and economic growth. One month does not a trend make, after all. . .

(Excerpt) Read more at thefiscaltimes.com ...


TOPICS: Business/Economy; Government; Politics/Elections
KEYWORDS: obama; stimulus; unemployment
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Good piece with some nice figures.
1 posted on 05/03/2012 4:55:36 AM PDT by richardb72
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To: richardb72

In other words, stick a fork, Obama is done.


2 posted on 05/03/2012 4:56:26 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: richardb72

Confirms that it is always, the “economy stupid” that decides Presidential elections.


3 posted on 05/03/2012 4:57:59 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: richardb72

“Dismal Job Growth and Stagnation”

George Bush’s fault.

/S/


4 posted on 05/03/2012 4:58:51 AM PDT by ripley
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To: ripley

It’s the “economy stupid” or your pocketbook or wallet that decides Presidential elections and Obama has a “record now”.


5 posted on 05/03/2012 5:00:54 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: richardb72; Biggirl
Don't bet the farm on it. Mr. Obama has the unions, academia, the press, 97% of blacks, many Hispanics, guilty and other liberal whites, Occupy, ACORN, the professional left, people turned of by Mormonism, stupid soccer moms, single women who want free contraceptives, those on the dole, most college kids, the Lavender Mafia, the majority of Jews, Cafeteria Catholics, liberal evangelicals and fundamentalists, Methodists, most Lutherans, Unitarians, Quakers, government workers, Hollywood, peacecreeps, granola crunchers, treehuggers, many snowbirds, teachers, illegals and many more groups.
6 posted on 05/03/2012 5:05:10 AM PDT by 2ndDivisionVet (Ich habe keinen Konig aber Gott)
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To: richardb72
Good article. But yesterday I read where Blacks in NC would vote 12:1 in favor of Obi. Voters will need to turn out in massive numbers to counter this. And I simply do not think they will with Romney as our nominee...

And Obi still has the Jewish vote locked up. Go figure! What more can he and the Demwits do/say to harm Israel?

Folks at all economic levels are being hurt by the "Great Recession." I know construction workers, IT pros, college grads, etc. that cannot find decent work. Yet many will still vote for Obi.

7 posted on 05/03/2012 5:05:45 AM PDT by donozark (Marg Helgenberger! Wherever you are! What the hell do I do with all these DNA samples you requested?)
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To: 2ndDivisionVet

I look at past history to repeat itself. Will take the chance.


8 posted on 05/03/2012 5:08:18 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: 2ndDivisionVet
Your number 6 post covered it better than my number 7. The recall/primary in Wisconsin may be a precursor to fall election. Unions/Demwits pulling out all the stops in Wisconsin. Local union voters hereabouts being shook down for contributions to the fight in Wisconsin. Total expenditures may exceed $100 MILLION for this situation!

Something tells me the "dead will rise" in WI. And if Dems successful in WI? Then similar tactics will be employed this fall. No cake walk. Obi will go down fighting in very close race, if he goes down at all...

9 posted on 05/03/2012 5:10:01 AM PDT by donozark (Marg Helgenberger! Wherever you are! What the hell do I do with all these DNA samples you requested?)
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To: richardb72

Excellent article.

despite what some naysaywers say, look for Rush to be right on one prediction.


10 posted on 05/03/2012 5:10:03 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: richardb72

It won’t unstick leftist politics, at the presidential level, no matter who wins!


11 posted on 05/03/2012 5:11:02 AM PDT by johnthebaptistmoore (The world continues to be stuck in a "all leftist, all of the time" funk. BUNK THE FUNK!)
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To: donozark

Good article. But yesterday I read where Blacks in NC would vote 12:1 in favor of Obi.

That poll is rather suspect.


12 posted on 05/03/2012 5:12:51 AM PDT by Recon Dad (Gas & Petroleum Junkie)
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To: johnthebaptistmoore
Bannana Republic Barry DSC_0081sm
13 posted on 05/03/2012 5:13:56 AM PDT by Fred911 (YOU GET WHAT YOU ACCEPT)
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To: Recon Dad

A lot of the polls are suspect, so I take it with a grain of salt.


14 posted on 05/03/2012 5:13:59 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: richardb72

But have no fear, dems...

There are posters on this board, who will work tirelessly to re-elect Obama.

ABO.


15 posted on 05/03/2012 5:15:00 AM PDT by Cringing Negativism Network ("Fall Forward")
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To: donozark

Folks will say things to you because of fear of being called “racists”.


16 posted on 05/03/2012 5:15:00 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: donozark

Mr. Carter lost because of Iran, not the economy, from what I saw. The power of incumbency is awe-inspiring and hard to beat. Without the broken tax pledge and Ross Perot, Bush I would’ve beat Gov. Clinton like a rented mule. OTOH, Senator Dole never really had a prayer.


17 posted on 05/03/2012 5:15:08 AM PDT by 2ndDivisionVet (Ich habe keinen Konig aber Gott)
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To: 2ndDivisionVet

Don’t forget about dead voters, criminal voters, cheating, judicial activism, and rigging the actual election results.


18 posted on 05/03/2012 5:16:03 AM PDT by johnthebaptistmoore (The world continues to be stuck in a "all leftist, all of the time" funk. BUNK THE FUNK!)
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To: 2ndDivisionVet

Both.


19 posted on 05/03/2012 5:16:47 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: johnthebaptistmoore

The one big concern I do have is the voting fraud.


20 posted on 05/03/2012 5:17:48 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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