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8.3% Unemployment

Original post made by Nancy on Aug 3, 2012

And Obama's main response is to tax the rich in the middle of a recession. Is this the kind of "hope and change" we can continue to expect?

Comments (12)

Posted by sharon, a resident of Midtown
on Aug 3, 2012 at 7:52 am

Obama is doing a wonderful job. That dog does hunt. End of story


Posted by Diane Winston, a resident of Barron Park
on Aug 3, 2012 at 8:16 am

27 months of private sector job growth. 4 million private sector jobs created. Bush's last month had 800,000 jobs lost. Quite the turnaround considering the Republicans BLOCK everything to try to win an election.

Romney will continue Bush Policies and take America back into recession. Romney has Bush team on his team.

Simple choice:

Recover with Obama, fight the republicans and move forward.

Or

Go back to the Bush Cheney disaster with the Romney Bush team, while raising taxes on 95% of us and givivng tax cuts to billionaires.

Move forward with Obama.


Posted by adobe hut, a resident of Adobe-Meadows
on Aug 3, 2012 at 8:40 am

Pass the American Jobs Act

Instead of 35 stupid, useless votes on obamacare, dozens of abortion votes, hundreds of bills renaming post offices - republicans are blocking progress on jobs


Posted by Nancy, a resident of Midtown
on Aug 3, 2012 at 8:48 am

"A measure that takes into account those who have stopped looking for jobs as well as those working part-time for economic reasons has hovered well above the headline rate that only counts the unemployed actively looking for jobs. The so-called "real" unemployment rate, or U-6 measure, is above 20 percent in Nevada and California.

On a national level, that more encompassing rate edged higher to 15.0 percent."

Web Link


Posted by China, a resident of Adobe-Meadows
on Aug 3, 2012 at 8:54 am

How many jobs did the one percenters create in China at the same time they continue to lay off Americans?


Posted by One Percent, a resident of Adobe-Meadows
on Aug 3, 2012 at 9:07 am

The one percenters hate this employment news so much that they are driving the stock market up 2% (over 200 points on the Dow Jones). What's up with that?


Posted by Nancy, a resident of Midtown
on Aug 3, 2012 at 9:17 am

Taxes on the rich have a way of filtering down to the middle class. For example, a woman who runs a small business in a small shopping center, who takes home less than $250k per year, can expect her rent to increase when her rich landlord passes through his increased taxes. A tax on the rich is also a tax on the middle class.


Posted by Tammy Roma, a resident of East Palo Alto
on Aug 3, 2012 at 9:18 am

Romney's jobs plan is to outsource more jobs overseas, and let Americans work for nine bucks an hour at Staples selling chinese junk

Romney equals Bush Cheney

When asked last week how he was different than Bush, Romney couldn't answer. Yesterday he hired another Bush alum as a pr flack for his Bain vulture capitalism. She worked for Bush and did the pr coverup for the BP oil spill. Now she's covering up a bigger disaster - Mittens! and his foreign trip ruckus.

Tell John Bienhner to lay off abortion for a week and create a bi-partisan jobs bill.

Tell Mittens we don't want to pay more taxes so billionaires can gt bigger tax cuts.


Posted by Tammy Roma, a resident of East Palo Alto
on Aug 3, 2012 at 9:33 am

Here's the Bush Obama jobs chart; VIEW THIS CHART and tell me the problem is Obama - it isn't. It's Bush and the disastrous economy he left America in.

Web Link

Romney will take us back to the Bush disaster, complete with Bush Cheney policies and the Bush Cheney team of incompetents - reduced growth, job losses, higher taxes for the middle class and tax breaks for billionaires.

Web Link


Posted by Careful what you ask for, a resident of Barron Park
on Aug 3, 2012 at 9:33 am

The main reason that unemployment has not gone down has been the massive layoffs in public sector jobs, that is, smaller government. Isn't that what all the Tea Partiers/Republicans want?


Posted by Tammy Roma, a resident of East Palo Alto
on Aug 3, 2012 at 9:44 am

My mistake, I posted last months graph, here is the graph that includes July, and the 160,000 jobs created last month.

160,000 new jobs - not enough, but Obama is doing it single handed with the GOP House blocking all action on job creation.

Web Link

VIEW THE CHART - it's the one chart Romney will never comment on, in fact, I bet the fringie rightwingers here won't touch it either!

Just like the funny one above who says raising a billionaires taxes a couple percent will close shopping malls.

President Obama has a tax plan that cuts EVERYONE's taxes on the first $250,000 they make every year. House republicans are blocking YOUR tax cut.


Posted by chart busters, a resident of Meadow Park
on Aug 3, 2012 at 10:10 am

Jobs by month chart listed above is a liberal attempt to spin. I don't believe. It. Fox told me unemployment is 8%. They never said job creators created 160,000 last month.

Liberal lies.


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