September 7th, 2012
02:38 PM ET
2 years ago

Obama calls jobs report 'not good enough'

(CNN) - President Barack Obama called the last month's jobs report, which showed weak growth and over 350,000 people dropping out of the workforce, "not good enough" at a rally on Friday, meanwhile mocking Republicans' tax proposals and asking for another four years to accomplish his proposals.

The unemployment rate fell in August from 8.3% to 8.1%, according to the Labor Department report issued Friday, but that slip was fueled by 368,000 people dropping out of the workforce.

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The 96,000 jobs added is far below the generally accepted 150,000 needed to simply keep up with population growth, and Obama said that "there is a lot more that we can do."

"We need to create more jobs faster. We need to fill the hole left by this recession faster. We need to come out of this crisis stronger than when we went in," Obama told voters in Plymouth, New Hampshire.

"When Congress gets back to town next week," he continued, "you need to send them a message: go ahead and give middle class families and small businesses the confidence of knowing that their taxes, your taxes will not go up next year."

The president traveled to the battleground state in the wake of his party's nominating convention, which concluded Thursday evening in Charlotte, North Carolina after Obama accepted the Democratic presidential nomination. GOP challenger Mitt Romney is to campaign in the Granite State Friday evening.

Romney's running mate, meanwhile, held a rally in Nevada, a battleground state where the unemployment rate is 12%. Rep. Paul Ryan said at the steamy outdoor event at a Peterbilt Motors Company dealership in Sparks, Nevada the president is "good at giving great speeches, he's just really bad at creating jobs."

"You know we learned today for that every person that got a job, nearly four people stopped looking for a job," the Wisconsin lawmaker said, comparing the 96,000 new jobs and 368,000 people who dropped from the workforce. " They gave up. We can't keep doing this," the Wisconsin lawmaker said

He added, "Friends, this is not an economic recovery, this is nowhere close to an economic recovery. We need a new president and we need a real economic recovery."

Obama told supporters Friday "I need four more years" to accomplish a set of goals he laid out in his speech at the Democratic National Convention on Thursday night.

"New Hampshire, I need you to help me recruit a hundred thousand math and science teachers and improve early childhood education and give two million workers the skills they need at community colleges," he said.

He also called for deficit reduction, doubling exports in the next two years, and halving imports of oil in the next 8 years in his Thursday evening remarks.

Speaking to reporters in Iowa before Obama's event, Romney said Obama "has been unable to deliver on virtually any of the promises he made when he ran for office four years ago.

"The idea that the American people are going to accept the same promises again would be one that I think would be flying in the face of America's ability to understand what's in their best interest," he said.

Obama has previously blasted Republicans - and they have criticized him - for the standoff over an extension of Bush-era tax breaks which is to expire at the end of this year, absent Congressional action. Obama and many Democrats favor extending the break on income below a certain threshold - Obama has advocated for $250,000 - while Republicans generally favor extending the break on all levels of income.

The three-day convention had its share of criticism Romney and the Republicans, and on the trail Friday, Obama blasted the GOP for offering "the same prescriptions that they've had for the last 30 years."

"Tax cuts, tax cuts, gut some regulations and, oh, more tax cuts," Obama said. "Tax cuts when times are good, tax cuts when times are bad, tax cuts to help you lose a few extra pounds.

"Tax cuts to improve your love life," he continued. "It'll cure anything, according to them."

New Hampshire is one of the nine toss-up states on the CNN Electoral Map. Obama won the state and its four electoral votes by nine percentage points in the 2008 election.

– CNN Political Producer Rachel Streitfeld contributed to this report


Filed under: 2012 • New Hampshire • President Obama
soundoff (76 Responses)
  1. HOLY TIGHTY WHITIES WILLARD

    Jobs are jobs. The fact is that they're being created in the face of obstruction. The republican House is intentionally stalling the President's jobs bill for political purposes. Why? Because it will actually create jobs. How can you call yourself American when you're betting against America?

    September 7, 2012 03:50 pm at 3:50 pm |
  2. wanda

    I will be voting for President Obama on November 6!! It does not matter what is being said about our president he has done great things after Bush left office, the U.S was about to go under and President Obama saved the day!! I know what the unerlying issue is... we all know.

    September 7, 2012 03:53 pm at 3:53 pm |
  3. Sniffit

    "has been unable to deliver on virtually any of the promises he made when he ran for office four years ago. "

    Patently, demonstrably false statement that CNN will help Mittens disseminate without doing any critical analysis or fact-checking. The fact of the matter is, the only reason Mittens claims Obama "can't run on his record" is to cover up the fact that Mittens and the GOP/Teatrolls CAN'T RUN ON REALITY.

    September 7, 2012 03:53 pm at 3:53 pm |
  4. Rick in OP

    @Joan in MS

    "People dropped out of the workforce because kids went back to college in August. I know Republicans love "bad news", but the sky is NOT falling. GOP: Try being a little more patriotic and more pro-America!"

    Go to the library, check out a book on economics and read it. Pay particular attention to to the chapter on employment.

    September 7, 2012 03:55 pm at 3:55 pm |
  5. keeker

    No Mr Wannabe President, were sending you a message start packing yor leaving the Whitehouse. Were tired of all your lies and irresponsibilities. Take a Hike you bozo...

    September 7, 2012 03:56 pm at 3:56 pm |
  6. tn

    The man knows so much about running an economy. He's probably going to ask the press to demonize jobs that fail to reproduce and create offspring jobs - we need more jobs dammit, it's not good enough!

    September 7, 2012 03:56 pm at 3:56 pm |
  7. souptwins

    For everyone thinking 96,000 jobs added sounds pretty good, you need to realize the economy needs to add 140,000 jobs a month just to keep up with population growth. We were 44,000 jobs SHORT of breaking even. Not only is that not great, it's really bad. It's downright horrible that so many people are dropping out of the workforce. People who have "hope" do not give up! Many companies could hire more workers but they're too nervous about how Obama's policies will impact them. You can't blame them no matter which party you support.

    September 7, 2012 03:58 pm at 3:58 pm |
  8. Anonymous

    He was not at Plymouth NH. He was at Strawbery Banke Museum in Portsmouth NH.

    September 7, 2012 03:58 pm at 3:58 pm |
  9. SuperD

    It's a crying shame for the people the last few years, especially after the 2010 elections that the President cannot embrace just 1 market based solution. That proves beyond a doubt he's a Leftist Idealouge and he cannot pivot from his preconceived notions of how the economy works. We are all miserable because of him and the Senate Democraps.

    September 7, 2012 03:58 pm at 3:58 pm |
  10. samuel l waxman

    The judement is in Barack Obama will turn things around and come to America s rescue again.

    September 7, 2012 03:59 pm at 3:59 pm |
  11. Redmon

    Understatement of the Year. We have the lowest workforce participation rate since September 1981 – people just gave up. And for men it is the lowest workforce participation rate level since tracking began in 1948. The Obama economy.

    September 7, 2012 04:00 pm at 4:00 pm |
  12. TparTpatriot

    No crap it's not good enough you freaking dumbo! Wow is this guy dumb!

    September 7, 2012 04:00 pm at 4:00 pm |
  13. Vic of New York

    BTW.... Not to diminish those who are truly hurting – but the claim that the improved employment rate was fueled by "people dropping out of the job market" coming in September should not be a surprise. My son dropped out of the job market in August too – to go back to college !! I'll wait to see the "adjusted" numbers in a week or so before taking measure.

    I also blame the current economy squarely on Republicans. Not only did gross Republican negligence get us here, but the cruel and callous behavior that has stymied our recovery over the past four years should never be forgiven them by any loyal American.

    While pursuing the politics of greed, hate and bigotry, John Bohner and Mitch McConnell told Americans "Let them eat cakes". Now it's time for patriotic Americans to say: "Pull out the Guillotine!!"

    September 7, 2012 04:04 pm at 4:04 pm |
  14. Gurgyl

    40 years of poo in 3 years clean up???? Takes long. I was cleaning my home today it took half day-it is GOP mess, man, takes another term. Obama12.

    September 7, 2012 04:05 pm at 4:05 pm |
  15. Dean

    Not good enough? It sucks! Spin this, libs.

    September 7, 2012 04:05 pm at 4:05 pm |
  16. UDidntBuildThat

    Ah...I See.- I see u refuse to look at the facts. Pure and simple when Reagan inherited worse than Obama.

    Ronald Reagan inherited an unemployment rate of 7.5 percent in January 1981. Unemployment, which peaked at 10.8 percent in 1982. By the end of his 1st term, unemployment was down to 7.2 percent, a 3.6-percent drop. compare that to Obama. he took office with a 7.8% umemployment rate and is still 8.1% today with over 360K of people who gave up b/c they cannot find a job!!! So yes Reagan did inherited worse fr Carter and fixed it and country could see his policies were working & gave him a 2nd term.
    Gas prices was $1.80 when Obama took office. It has doubled. When Obama took office median income for middle class families was $54K today it has dropped $4000. So when Obama talks about rebuilding the middle class, it was he that took fr them. I could go on but why bother.
    Drink some more kool aid.

    September 7, 2012 04:07 pm at 4:07 pm |
  17. Bluebird

    I praise the day when we hold obama accountable and ask some real questions about his failures to boost the economy and make a budget. Instead of letting he get ways with everything and letting him always blame other people.

    September 7, 2012 04:07 pm at 4:07 pm |
  18. thanks, but no thanks

    Dear CNN!

    why are you not reporting on Bain Capital being investigated on tax fraud? Or that will be good journalism...

    September 7, 2012 04:09 pm at 4:09 pm |
  19. Peter

    It is clear that people do not read the full report which clearly states that, yes, people who left jobs were between the ages 16-25 range because most of them were in temporary jobs, going back or re-enrolling in school to get an education in order to get prepared for better jobs!!! That is not bad, that is the right thing for people to do when they are looking forward to better themselves and help the economy.

    September 7, 2012 04:09 pm at 4:09 pm |
  20. Kareen

    When do Americans understand that the President can't do everything ?
    It will take longer than 4 years to undo the damage left behind from Bush/Cheney.

    September 7, 2012 04:09 pm at 4:09 pm |
  21. UDidntBuildThat

    Hey young adults now living in your childhood bedroom staring up at faded Obama posters! u voted for hope & change now u can't find a job? Oh my poor babies.
    U want more of the same. Go vote for Obama again.

    September 7, 2012 04:10 pm at 4:10 pm |
  22. Sniffit

    ""People dropped out of the workforce because kids went back to college in August. I know Republicans love "bad news", but the sky is NOT falling. GOP: Try being a little more patriotic and more pro-America!"

    Go to the library, check out a book on economics and read it. Pay particular attention to to the chapter on employment."
    ===

    Yawn. Go to a college town like Boston on Labor Day weekend and tell us what you see....if you can get there before the weekend's over due to the UHaul traffic and clueless out-of-towner parents driving around like they just got their learner's permits, etc. That comment about college-aged students dropping out of the workforce in order to start their school years is dead-on accurate and all you did was make a thinly veiled ad hominem attack on the intelligence of the person who posted it, despite the fact that he/she is clearly more intelligent than you for having the brains to recognize and accept reality when it's staring him/her in the face.

    September 7, 2012 04:11 pm at 4:11 pm |
  23. Sheila

    You're fired, Obama.

    September 7, 2012 04:13 pm at 4:13 pm |
  24. SuperD

    For those of you touting a so called "Obama jobs bill" That's the last thing in the world we need, the Federal Govt spending money on "jobs". Any money thrown at this bill is money straight in the toilet, lost forever and no jobs.

    And those trumping this job news as good is truly frightening in that they are cheering on more misery. You are an absolute fool if you believe this is good news. You all should really do us all a favor and simply not vote, because you have no grasp of economic issues.

    And finally!! Romney's tax returns are not why the economy stinks!! GET OVER IT!

    September 7, 2012 04:13 pm at 4:13 pm |
  25. Patriot Awesome

    At least we're not losing 700,000 jobs a month like we were when Bush left office.

    September 7, 2012 04:14 pm at 4:14 pm |
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