April 1st, 2011
02:20 PM ET
12 years ago
Job growth could be good for Obama's job
WASHINGTON (CNNMoney) - A pickup of 216,000 jobs in March is good news for President Obama's bid to keep his own job.
With unemployment edging down to its lowest level since March 2009, President Obama is well-poised to take some credit and enjoy the political after-glow of job growth, political experts say. The unemployment rate dropped to 8.8%, an entire percentage point lower than it was four months ago.
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what drive me nuts is that when jobs are created its because of obama.... he didnt start one new business....people need to work .. its our nature.... just give america a fair playing field and we will do just fine with out big government....
Obama is doing a great job for us. Can you imagine how much better we would be if the idiots from the right had actually worked for Americans, instead of saying no to every job creating bill? Having stopped a near depression with no republican help, and turned around the 8 million lost jobs in Bush's last three years, alone, should be enough to get Obama reelected.
President Obama is doing a very good job, admit it or not. This country would be in better shape if the other nay-sayers would just meet him half-way. In spite of all the odds, the critics, and the haters, the MAN is cool, calm, and intelligent. Thank you Mr. President.
Considering the road blocks that the Republicans have thrown up at every turn, this is somewhat good news. It's not enough to help those of us hurting out here on Main Street, but what the heck, the rich are getting richer, and according to Reagan's theory, and of every Republican that has followed, that's a good thing, right? Just got to love the fact that socialism works for corporations and the wealthy. More tax breaks, please. Let's see just how far in debt we can go, and just how hard us poor suckers are going to have to work to keep feeding this beast, if we can find work, that is.
Fire Boner 2012. The republicans have yet to bring a job creating bill to the house. Their priority is to repeal women's reproductive rights, defund NPR and Planned Parenthood.
The cold hard facts are:
Approximately 7.5 million jobs have been lost in the U.S. since 2007.
The U.S. needs to create about 150,000 jobs per month just to keep up with the new
people who are entering the workforce for the first time.
When previously laid off workers re-enter the workforce, the unemployment rate will trend higher.
Of course it will be good for Obama. And it will be good for the country going forward because there will be some unmistakable data showing what improved the economy. It's not a difficult concept to understand, or at least it shouldn't be. If you make it easier for someone to grow a business and make it advantageous for them to do it, guess what they are going to do? Grow their business. If you tax them to death then first of all it makes it more difficult to be competitive and to grow a business and then it becomes less of an incentive for them to do it. Smaller government, lower taxes, better economy. It's not tough to figure out. Now the data will be there.
Really, CNN? Really???
If unemployment is over 8% and gas is over $3 per gallon when the '12 election rolls around, you might as well stick a fork in him – he's done. Bank on it.
Congratulations to President Obama. He was left to clean up "W"'s mess, and the results are finally being seen!
Of course, it would be good for his job. Which is why some will try to do what they can to slow it down. Unfortunately for those who would try that, greed will prevail. Lost opportunities will look better than future possibilities.
I think the biggest mistake of the Obama admistration was to forecast 8% unemployment as worst case "by the end of the year" as the phrase went.. At a time when the US was losing hundreds of thousands of jobs per month. At a time when the rate was already closing in on and passing 7%. DUH! There was to much momentum to stop it rising dead in its' tracks.
Once that comment was made, it was jumped on by the GOP. DUH! They made a mistake and knew it. They could have savd face by corecting themselves by stating the comment should have been "by the end of the month", which is exactly what it did.
Unless those on the right can name one economic legislative bill coming from the House of Representatives that has become law since January 2011, this new job growth credit must be given to the Obama Administration. Considering that the tax cuts extention in December 2010 are also the same rates in existence since 2003, there is very little evidence that it has been cuts to the wealthy which trigger job growth. After all, these same rates GOPers are so proud of haven't changed in 8 years, and if I am not mistaken, were in effect during the recession of 2007-08 when jobs were disappearing by the hundreds of thousands each month - even AFTER Bush's TARP bailout. Having said that, this new trend of increased jobs is very good news, indeed.
Well, the republlicans wanted to know where the jobs were, so now they know. To recover from the losses incurred simply will take time and GOP carping about "jobs, jobs, jobs" has contrubuted nothing meaningful or useful to the situation. The harsh reality for them is that Mr. Obama's policies are working and we are making our way out of the disaster created by failed republican polices. What they may not realize is that no Republican will be president in 2012.
The Republicans were elected into the majority in the House last November and we are seeing the results with the unemployment number decreasing. As Republicans stay focused on reducing the debt and future spending, businesses are encourage to hire.
Obama is all about his golf game and voting present as Hillary solves foreign policy matters.
He absolutely should get credit for this – the GOP has done nothing for jobs, only resurrected their tried and true social issues - GODS, GUNS, GAYS, ABORTION and BIRTH CONTROL trying to amp up their base. When will these seemingly intelligent people quit allowing themselves to be so easily manipulated?
216,000 jobs added doesn't even keep pace with the people coming into the job market. When the adjusted numbers come out we will see that this was a smoke screen to try to pick up Obummie's poll numbers. Remember Obummie is the on that reports the numbers. how about the hundreds of thousands that have given up looking for work?
Cool. Ever since the GOPers regained control of the House, spending inordinate amounts of time bickering over NPR, Planned Parenthood, and female reproduction organs, President Obama has been quietly encouraging businesses to re-hire the many unemployed who have truly been suffering - job growth increases have been slowing but surely raising since the middle of 2010, no thanks to the Republican Party. Good job, GOPers in your efforts of showing American's where your priorities really are.
President Obama deserves the credit for this. He has been busting his butt for 2 years, trying to get us out of the MESS the Bush Administration left behind. He warned us that things would get a lot worse, before it gets better, but cautioned us to not give Republicans back the keys to the driver seat, after driving us over an economic ditch. President Obama, keep up the good work. You've got my vote in 2012!
Yes, perhaps there will be a private sector job available for him in 2013.
Bama bama he's our man he gets us jobs when the GOP cant! And he has done way more than that. healthcare, rails, smart battles and cutting fat! 4 more years for President Obama. Saving the People from the Corporate Hammer!
President Obama has done a remarkable job with the already igniting economy/banking/housing/war bomb that the previous administration left for him.
And that, IN SPITE of every "Right" wing effort to thwart and misrepresent his every word and action.
When 2012 comes around, all he (WE) need to do is keep the focus on the facts and ANY Republican they run will crash and burn...
AND, if they run one of the TEA Party favorites, they will crash and burn at the bottom of a landslide.
This is why the Republicans didn't meana word of that "Jobs, jobs, jobs" mantra and are actively working to do anything BUT promote job growth. Economics 101 – if you still are in a recession, do you focus on balancing the budget? No, you do not. It's actually counterproductive in the short term. When do you balance the budget? When times are flush. The reason the Republicans are so intent on balancing the budget now is because they think they should be in charge for all the spending, and the Dems should take charge for recovering from their party and saving up so the Repubs can clean out the treasury again. Well, forget that. Wealth redistribution is the right word, it's just going up, and it needs to be turned around yesterday to fix the DEMAND problem our country is facing.
I suspect that the unemployment rate will be under 8% by this time next year. That spells bad news for ANY fascists republican intending to run for POTUS in 2012.
The President has done a very pretty job on economy and jobs, though the opposition side doesn't give him any credit for that. I can't imagine how things could have been by now if "W" was still holding the steering!
U Americans really should find something more important to do than blame everything to your president. I mean, it is president's resposibility to find u jobs.. Amazing
Well at least ONE politician is working on the economy. Certainly none of those TP-ers are. They yell about cutting spending – but that doesnt create ONE job, and doesnt feed ONE family anywhere in this country. Not to mantion how many people would get LAID OFF or lose their health benefits if they had their way.