Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Dark economic clouds gather anew over Obama campaign
Reuters ^ | Jul 3, 2012 | Patricia Zengerle

Posted on 07/03/2012 4:25:27 PM PDT by mdittmar

(Reuters) - After a month in which his re-election campaign picked up momentum, hard economic realities are about to hit President Barack Obama as he takes to the road on a campaign bus trip through the Rust Belt.

Poor manufacturing data earlier this week followed by a likely weak jobless report on Friday are reminding Obama that he has a lot of work to do to convince voters he is bringing the economy back to full health.

A Supreme Court victory for Obama on healthcare and a surprise expansion of immigration laws that put Republican opponent Mitt Romney on the defensive on the issue may soon fade from memory.

"By Friday, the Supreme Court will be in the rear-view mirror and everybody will be talking about the state of the economy," said Greg Valliere, an analyst for institutional investors at Potomac Research Group.

"I think the debate on Friday will be whether the economy is still growing or whether we've hit a brick wall," he said.

U.S. manufacturing activity contracted in June for the first time in nearly three years, data showed on Monday, stark evidence of a slowing economic recovery and that Europe's debt crisis is weighing on the U.S. economy.

And the monthly jobless figures, the most closely watched economic indicator, are expected to be lackluster.

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


TOPICS: Breaking News; Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: obama; obamasfault
Navigation: use the links below to view more comments.
first 1-5051-93 next last
rooters weighs in;)
1 posted on 07/03/2012 4:25:31 PM PDT by mdittmar
[ Post Reply | Private Reply | View Replies]

To: mdittmar

Barack Obama: proof once again that socialism doesn’t work.


2 posted on 07/03/2012 4:28:55 PM PDT by popdonnelly (The first priority is get Obama out of the White House.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mdittmar

Gasoline broke into the “2s” here, but it may not be as big of a boost as the Baraqqis think.


3 posted on 07/03/2012 4:30:47 PM PDT by nascarnation
[ Post Reply | Private Reply | To 1 | View Replies]

To: mdittmar
A Supreme Court victory for Obama on healthcare and a surprise expansion of immigration laws that put Republican opponent Mitt Romney on the defensive on the issue may soon fade from memory.

In your dreams, reuters.

4 posted on 07/03/2012 4:30:52 PM PDT by prairiebreeze (Don't be afraid to see what you see. -- Ronald Reagan)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mdittmar

It would be nice if the media had 1/10th of the concern about how the crappy economy impacts the people of our country. Everything is reported about how it ‘affects’ Obama. Who gives a flying F. He’s a multimillionaire.


5 posted on 07/03/2012 4:32:06 PM PDT by ilgipper ( November cannot come soon enough)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mdittmar
Poor manufacturing data earlier this week followed by a likely weak jobless report on Friday are reminding Obama that he has a lot of work to do to convince voters he is bringing the economy back to full health.

Ah come on, he hasn't run out of lies yet?

6 posted on 07/03/2012 4:33:29 PM PDT by EGPWS (Trust in God, question everyone else)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mdittmar
Poor manufacturing data earlier this week followed by a likely weak jobless report on Friday are reminding Obama that he has a lot of work to do to convince voters he is bringing the economy back to full health.

The presstitutes don't like to acknowledge that the 1992 recession ended before Bill Clinton ever took office.

Why would a journalist ever give a pass to Obama on this economic debacle?

7 posted on 07/03/2012 4:34:50 PM PDT by a fool in paradise (Fools.Damn fools.Welcome to the USSA. Socialism is slavery to the State and the Supreme Court did it)
[ Post Reply | Private Reply | To 1 | View Replies]

To: nascarnation
Gasoline broke into the “2s” here...

Nice. We're still in the $3.65 and up range here in the inland northwest. Eastern Washington is $4.00+ still.

8 posted on 07/03/2012 4:36:14 PM PDT by Noumenon (I will not pay the Obama jizya.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: mdittmar
After a month in which his re-election campaign picked up momentum,

I wonder which world she lives on. All we heard about was one "bad week" after another, and deservedly so. I hope the GOP doesn't forget "the private sector is doing fine."

I recall a moment in the 1960 election, when Kennedy was exhorting the electorate to "get America moving again." The republicans countered with some optimistic data set and the declaration, "You never had it so good."

Kennedy responded at some abandoned steel mill in Youngstown with a dose of demogoguery, a few tales of woe, and closed with the heavily sarcastic "and the republicans say, 'you never had it so good.' "

I wonder if the RNC is even smart enough to plaster this year's version of such a hanging curve.

9 posted on 07/03/2012 4:37:04 PM PDT by hinckley buzzard
[ Post Reply | Private Reply | To 1 | View Replies]

To: nascarnation

$3.23 to $3.45 here in NE Indiana this afternoon in celebration of the 4th.


10 posted on 07/03/2012 4:37:20 PM PDT by John W (Viva Cristo Rey!)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Noumenon

$4.00 in So Cal...


11 posted on 07/03/2012 4:39:32 PM PDT by karnage
[ Post Reply | Private Reply | To 8 | View Replies]

To: hinckley buzzard
I want to see obama under a cloud like the guy from Lil Abner for the rest of his life.


12 posted on 07/03/2012 4:45:23 PM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
[ Post Reply | Private Reply | To 9 | View Replies]

To: nascarnation
Great news.

Costs less to drive to the unemployment office.

13 posted on 07/03/2012 4:45:56 PM PDT by gov_bean_ counter ( A good measure, pressed down, shaken together and running over...)
[ Post Reply | Private Reply | To 3 | View Replies]

To: popdonnelly

Barack Obama: proof once again that socialism doesn’t work.


Nah, we just haven’t gone far enough. That’s what the typical boneheaded lib is thinking anyhow.

You can bet they have not, and will not, EVER stop pushing socialism on us.


14 posted on 07/03/2012 4:48:27 PM PDT by Leep (Enemy of the StatistI)
[ Post Reply | Private Reply | To 2 | View Replies]

To: mdittmar
A Supreme Court victory for Obama on healthcare and a surprise expansion of immigration laws that put Republican opponent Mitt Romney on the defensive on the issue may soon fade from memory.

Not if Romney and the GOP have enough sense to show how OBAMACARE is going to make the economy much worse
15 posted on 07/03/2012 4:51:45 PM PDT by uncbob
[ Post Reply | Private Reply | To 1 | View Replies]

To: mdittmar

Conservative talking point anytime someone mentions wanting our current president to be re-elected: Why give him more time to be unsuccessful,


16 posted on 07/03/2012 4:56:59 PM PDT by Sergio (An object at rest cannot be stopped! - The Evil Midnight Bomber What Bombs at Midnight)
[ Post Reply | Private Reply | To 1 | View Replies]

To: prairiebreeze

walk and chew gum (at the same time)
to be able to do more than one thing at a time


17 posted on 07/03/2012 5:01:00 PM PDT by mdittmar
[ Post Reply | Private Reply | To 4 | View Replies]

To: nascarnation

Where are You? if I may ask! We are still $3.30 for the cheapest!


18 posted on 07/03/2012 5:01:04 PM PDT by True Republican Patriot (May GOD SAVE OUR AMERICA from ALLAH and his Prophet, HUSSEIN OBAMA!!)
[ Post Reply | Private Reply | To 3 | View Replies]

To: nascarnation

$2.81 here in Aiken County, SC as of last Saturday. It may have gone down some more. I haven’t been in town since then.

IMHO, Romney need to ignore all the chatter and noise and buzz about nobamacare and keep pounding on the economy. This is a basic issue every American, regardless of politics or gender or race, can relate to. Been in the grocery lately?

A small giveback on what I wrote about nobamacare above. Romney needs to state absolutely with no equivocation that he will completely get rid of nobamacare as fast as he can once he takes office. Maybe he can do it through an EO. I think setting a deadline would be a good idea.


19 posted on 07/03/2012 5:01:51 PM PDT by upchuck (FACEBOOK... Share pointless stuff with friends you don't know. Beg for intrusion into your life.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Leep

I do wonder what he’s got left to buy votes with. I don’t think things have gone as well as he had hoped with all the crap he has pulled to sucker people.

What is left? I’m glad the economy is lurching, and I think Romney is correct to stay on that message. EVERYONE can see that with their own eyes and feel the affects.

He didn’t get a bump from his illegal executive order for amnesty, healthcare, free contraceptives, lower student loan rates, low mortgage rates, TARP, HARP, etc. He keeps throwing things at the wall hoping something will stick so he doesn’t have to actually confront the fact this he is a failure as a president.

At least I hope so, and it appears that way to me when I occasionally climb out of the personal depression he has forced on me. Not dollars, but mood.


20 posted on 07/03/2012 5:03:22 PM PDT by kevslisababy
[ Post Reply | Private Reply | To 14 | View Replies]

To: popdonnelly; All

Almost makes me want to buy a newspaper tomorrow,just to see the headline;)


21 posted on 07/03/2012 5:08:40 PM PDT by mdittmar
[ Post Reply | Private Reply | To 2 | View Replies]

To: mdittmar

obamma will blame bush again. This goes to show everyone that obamma is not the man to overcome all the evil that Bush caused, even after 3 1/2 years of trying. /s

obamma is lacking in what is required for the job.

Time for a change and a new hope!


22 posted on 07/03/2012 5:08:48 PM PDT by rawhide
[ Post Reply | Private Reply | To 1 | View Replies]

To: Noumenon
When it comes to local gas prices you have to know how much your local city/county is collecting.

In Okaloosa county the gas prices between the north end and south end vary by a constant 5 cents a gallon. Wondered why until a friend provided me a read out of local gas taxes.

As for DC being still over $ 4.00. Remember that DC has no natural source of revenue - no manufacturing and no agriculture. Their sole source of income is direct feeds from the Federal Government. That is why your gas is so high. When I have to go to DC for business i fly into Richmond, rent a car and drive in. It is cheaper than all the taxes and fees that DC adds to its car rentals at National.

23 posted on 07/03/2012 5:12:19 PM PDT by Nip (TANSTAAFL and BOHICA)
[ Post Reply | Private Reply | To 8 | View Replies]

To: mdittmar

Bernanke will come to the rescue.


24 posted on 07/03/2012 5:18:47 PM PDT by Kennard
[ Post Reply | Private Reply | To 1 | View Replies]

To: mdittmar

... just like Roberts, both flies to power.


25 posted on 07/03/2012 5:19:50 PM PDT by Kennard
[ Post Reply | Private Reply | To 1 | View Replies]

To: nascarnation

3.55 here for regular unleaded (upstate NY between Rochester and Syracuse)


26 posted on 07/03/2012 5:24:47 PM PDT by AbolishCSEU (Percentage of Income in CS is inversely proportionate to Mother's parenting of children)
[ Post Reply | Private Reply | To 3 | View Replies]

To: nascarnation

pd $2.99 yesterday afternoon

it was $3.45 before sundown


27 posted on 07/03/2012 5:36:19 PM PDT by digger48
[ Post Reply | Private Reply | To 3 | View Replies]

To: mdittmar

“After a month in which his re-election campaign picked up momentum”

WTF?

Bizzaro world!


28 posted on 07/03/2012 5:37:20 PM PDT by icwhatudo (This is not a choice between Romney&Reagan-Its between Romney & most radical leftist Pres in history)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Noumenon

$3.86 here on the Oregon Coast.


29 posted on 07/03/2012 5:40:09 PM PDT by Inspectorette
[ Post Reply | Private Reply | To 8 | View Replies]

To: True Republican Patriot

middle Indiana


30 posted on 07/03/2012 5:41:59 PM PDT by nascarnation
[ Post Reply | Private Reply | To 18 | View Replies]

To: mdittmar
"I think the debate on Friday will be whether the economy is still growing or whether we've hit a brick wall," he said.

The economy is kickin' ass!!!

Except on Thursdays....

31 posted on 07/03/2012 5:49:48 PM PDT by EGPWS (Trust in God, question everyone else)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mdittmar

It doesn’t matter )bama will re-election in a walk. The media has his back. The will hide the facts from the mushy middle and they will vote for the man with the winning smile.....I’ve even seen a couple polls already show the mushy middle is warming up to 0bamaCare now.


32 posted on 07/03/2012 5:53:07 PM PDT by GR_Jr. (Vote Obama out now.....deal with Romney later.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mdittmar

“DARK Clouds”

Here we go again - yet ANOTHER RACIST reporter attacking the president because of his skin color. There is only so much that us conservatives can take from these, so-called, mainstream reporters.


33 posted on 07/03/2012 5:53:50 PM PDT by BobL
[ Post Reply | Private Reply | To 1 | View Replies]

To: mdittmar
Well - contrary to the Dems (and many a poster on this forum) Obama could be soundly beaten in the coming election by Mickey Mouse - or just about any candidate that would say he would kill Obamacare.

That is, unless too many conservatives refuse to vote against the commie bastard.

34 posted on 07/03/2012 5:57:55 PM PDT by Ron C.
[ Post Reply | Private Reply | To 1 | View Replies]

To: mdittmar
U.S. manufacturing activity contracted in June for the first time in nearly three years, data showed on Monday, stark evidence of a slowing economic recovery and that Europe's debt crisis is weighing on the U.S. economy.

I can only speak for myself. The only big purchases I have made in the past year were guns, ammo and reloading gear.
35 posted on 07/03/2012 6:09:34 PM PDT by Red in Blue PA (Read SCOTUS Castle Rock vs Gonzales before dialing 911!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mdittmar

A lot of unions on strike here in the rust belt. From big Caterpillar to small ma-n-pa they don’t want to work.

How will Obama deal with this reality?


36 posted on 07/03/2012 6:09:34 PM PDT by spintreebob
[ Post Reply | Private Reply | To 1 | View Replies]

To: mdittmar

The darker the better in this respect.


37 posted on 07/03/2012 6:13:25 PM PDT by LUV W (Never forget...WE have THEM surrounded! ~ Rush Limbaugh)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Inspectorette

$3.09 here in northwestern North Carolina. Ten cents cheaper just over the border in Virginia. South Carolina is less than that. We can thank our infernally high “road use tax” on gasoline for the difference. Still, it’s much better than pushing $4.00, as it was just a few months ago.


38 posted on 07/03/2012 6:13:29 PM PDT by RegulatorCountry
[ Post Reply | Private Reply | To 29 | View Replies]

To: mdittmar

everybody on this thread...watch...just watch the evening news...watch the websites....see how much time is given to fridays numbers.....remember diane sawyer gave more time to the guy from my 3 sons dying than the holder vote....watch..just watch


39 posted on 07/03/2012 6:16:03 PM PDT by lifeisagame
[ Post Reply | Private Reply | To 1 | View Replies]

To: Ron C.

no too many pubs will stomp their feet like lil kids cause their guy didnt win and stay home....then whine for next 4 years about oh my country,oh my country


40 posted on 07/03/2012 6:16:17 PM PDT by lifeisagame
[ Post Reply | Private Reply | To 34 | View Replies]

To: nascarnation

Paid $3.60 last night.


41 posted on 07/03/2012 6:17:58 PM PDT by ican'tbelieveit (School is prison for children who have commited the crime of being born. (attr: St_Thomas_Aquinas))
[ Post Reply | Private Reply | To 3 | View Replies]

To: nascarnation

Oil prices are edging back up as we speak.


42 posted on 07/03/2012 6:19:34 PM PDT by LUV W (Never forget...WE have THEM surrounded! ~ Rush Limbaugh)
[ Post Reply | Private Reply | To 3 | View Replies]

To: LUV W

Interesting.
The world economy is slowing rapidly, so the medium-term trend is likely down.


43 posted on 07/03/2012 6:22:25 PM PDT by nascarnation
[ Post Reply | Private Reply | To 42 | View Replies]

To: BobL
Undoubtably, that reporter reneged on a promise to nobama to not be so niggardly in his praise.
44 posted on 07/03/2012 6:22:44 PM PDT by hal ogen (First Amendment or Reeducation Camp?)
[ Post Reply | Private Reply | To 33 | View Replies]

To: mdittmar

“Uber Allein”

To (Deutschland Uber Alles)

Obamaland hypnotizes all,
O’er each freedom in the world,
We require domination,
We kneel together in servitude.
From th’Eastern Shores to the Western
From the Yukon to the Baja -
Obamaland hypnotizes all
O’er each freedom in the world.

Obama thugs, Obama loyalty,
Obama beer. Obama song,
Shall infect in the world,
Their angry mafia
Demands th’ignoble deeds:
Age-defined lives.
Obama thugs, Obama loyalty,
Obama beer. Obama song.

One form, one fiat—serfdom
For the Obamination Lands
Let’s dictate, manufacture chaos
Right on cue, with fists and fights!
Caprice, fiat and true serfdom
Are th’objective for each class
Infects by stealth, by lies, by jackboots
Praised in Obamination Lands.

Obamaland hypnotizes all,
In destruction all the more.
In seditious organizing can hate
Show extreme subterfuge.
And so treason should wipe out
Free generations’ history:
Obamaland hypnotizes all,
In destruction all the more.

Early, 2010


45 posted on 07/03/2012 6:26:19 PM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mdittmar
U.S. manufacturing activity contracted in June for the first time in nearly three years, data showed on Monday, stark evidence of a slowing economic recovery and that Europe's debt crisis is weighing on the U.S. economy.

Yet ABC Evening News continues to do their upbeat America segment ... save Obama campaign. Small upstart cookie company in rural (anywhere America) sells a batch of cookies on the Internet to a customer in outer Slobovia ... trade deficit erased. Save Obama ... thank you note to Diane Sawyer from the WH the next day.

46 posted on 07/03/2012 6:46:21 PM PDT by BluH2o
[ Post Reply | Private Reply | To 1 | View Replies]

To: nascarnation

Could be, but I live in oil country and we watch that up-tick with close interest. :)

Our unemployment locally sits at about 3%.


47 posted on 07/03/2012 6:53:06 PM PDT by LUV W (Never forget...WE have THEM surrounded! ~ Rush Limbaugh)
[ Post Reply | Private Reply | To 43 | View Replies]

To: popdonnelly
Barack Obama: proof once again that socialism doesn’t work.

Nor does affirmative action.

5.56mm

48 posted on 07/03/2012 6:54:45 PM PDT by M Kehoe
[ Post Reply | Private Reply | To 2 | View Replies]

To: spintreebob

“............they don’t want to work.

How will Obama deal with this reality?”

Should be interesting. Obama doesn’t want to work either.


49 posted on 07/03/2012 7:07:56 PM PDT by rockinqsranch (Dems, Libs, Socialists, call 'em what you will, they ALL have fairies livin' in their trees.)
[ Post Reply | Private Reply | To 36 | View Replies]







RUN & HIDE








50 posted on 07/03/2012 7:24:42 PM PDT by devolve (-------------- ------- now_there_will_be_blood----------- ---------------------)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-5051-93 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson