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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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To: richardb72

My company was set to hire our seasonal work crew of laborers, we are holding back due to a near standstill of new construction orders.

Its just not there, even the usual seasonal contractors that we have relied upon to call us for concrete have disappeared, gone as not around anymore.

We are down to two employees and I am one of them. Running on a reduced hour workweek, no OT, I still have work but only because I have multiple skills.

For Wasilla Alaska its almost a ghost town, I bet no tourists appear this summer.


21 posted on 05/03/2012 5:18:29 AM PDT by Eye of Unk (Liberals need not reply.)
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To: Eye of Unk

Not surprised. One of the results of the Obama economy.


22 posted on 05/03/2012 5:22:22 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: 2ndDivisionVet

Small numbers.


23 posted on 05/03/2012 5:26:06 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: Biggirl

I have a fallback plan of a sorts, luckily I am in Alaska and I bought a high end gold detector this spring so if my job peters out at the very least I have the tool to possibly find myself some local gold nuggets. And I do know where within a reasonable distance from home, nothing like the gold rush shows.
At $60 a gram or more as nuggets are sometimes worth more by their size or shape I could scratch out some income.


24 posted on 05/03/2012 5:26:14 AM PDT by Eye of Unk (Liberals need not reply.)
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To: richardb72

Right now, with people getting ready for the summer, it may not matter, but come September that could very well change.


25 posted on 05/03/2012 5:29:26 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: Eye of Unk

Lots of gold up in Alaska.


26 posted on 05/03/2012 5:30:17 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: 2ndDivisionVet

Incumbency does not have the power it once had. Also if the Supremes strike down the Obamacare law, it will weaken Obama even more.


27 posted on 05/03/2012 5:31:33 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: Biggirl

There is but if you are not in Alaska all you see is those reality shows thinking its only in certain areas like Nome.

I could find trace even in my back yard if I was patient enough. And we always have new trace in the rivers right after the spring thaw from upstream placers, of which I know an area or two that I will target.


28 posted on 05/03/2012 5:33:34 AM PDT by Eye of Unk (Liberals need not reply.)
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To: 2ndDivisionVet

This is one guy who goes to a Lutheran church that will never vote for the wun.

Sadly there are probably a fair amount of leftists in the congregation that will.


29 posted on 05/03/2012 5:34:59 AM PDT by wally_bert (It's sheer elegance in its simplicity! - The Middleman)
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To: 2ndDivisionVet

You forgot dead people, felons, and illegal aliens, three major Dem constituencies!


30 posted on 05/03/2012 5:51:30 AM PDT by Freestate316
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To: richardb72

Yeah, the numbers look bad now, but just wait till the September and October numbers they have planned are released.

There will be dancing in the streets, unicorns will fly through the heavens, and showers of Skittles and hundred dollar bills will rain from the sky.

Long live the King of Amerika!


31 posted on 05/03/2012 5:52:20 AM PDT by Fresh Wind ('People have got to know whether or not their president is a crook.' Richard M. Nixon)
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To: Fresh Wind

In your dreams.


32 posted on 05/03/2012 6:04:38 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: Cringing Negativism Network

Amen to ABO!


33 posted on 05/03/2012 6:09:41 AM PDT by Recon Dad (Gas & Petroleum Junkie)
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To: Recon Dad

It is still early yet and plus also, people will not say the truth for fear of being called “racists”.


34 posted on 05/03/2012 6:14:22 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: Recon Dad

Most polls are. But even allowing for error, it still is disconcerting. I mean what else does Obi have to do to lose the Black and Jewish vote? It seems to be set in concrete.


35 posted on 05/03/2012 6:25:00 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: All

The sad reality is that, more folks are going to like, fearful of the “racist” tag. But when they do in the voting booth in privacy is a whole different ball game.


36 posted on 05/03/2012 6:30:04 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: johnthebaptistmoore
It won’t unstick leftist politics, at the presidential level, no matter who wins!

You got that right. Mitt Romney is not up to the task of tearing down all of the new Leftist infrastructure that Obama has been busy building for the past 3 1/2 yrs. All his election will do is prevent us from having to worry about five new ones every day.
37 posted on 05/03/2012 6:33:20 AM PDT by Buckeye McFrog
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To: Biggirl

‘rats don’t lose close elections, not since 2000, especially.


38 posted on 05/03/2012 6:34:34 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: Biggirl
The sad reality is that, more folks are going to like, fearful of the “racist” tag.

Maybe when speaking to a pollster. But Obama has managed to frighten the vast majority of whites (and I suspect a surprising number of Hispanics and other minorities) over to the GOP by siding with the Florida Black Panthers in a race war. You can bet they will all be voting Romney in the name of self-preservation. It's a political miscalculation so huge I can scarcely believe Obama made it.
39 posted on 05/03/2012 6:36:29 AM PDT by Buckeye McFrog
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To: donozark

I want to send Scott a few dollars but then he’ll be jinxed.


40 posted on 05/03/2012 6:53:04 AM PDT by ebshumidors ( Marksmanship and YOUR heritage http://www.appleseedinfo.org)
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