Last pre-election jobs numbers look solid, encouraging
The final jobs numbers of the election season, released just before the final weekend of the election season, show that “Total nonfarm payroll employment increased by 171,000 in October, and the unemployment rate was essentially unchanged at 7.9 percent,” according to the U.S. Bureau of Labor Statistics.
That job growth is slightly higher than the 2012 average growth of 157,000 per month.
Adding to the optimism, August job growth was revised upward from the reported 142,000 to the more current 192,000, and job growth for September was also revised upward from 114,000 to 148,000.
– Jay Bookman
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647 comments Add your comment
DannyX
November 2nd, 2012
10:35 am
Looks like Rasmussen is up to their usual tricks.
After a month of inflated Romney polls here they come, back to reality, unskewing their own poll at the last minute Today they have the race tied, 48% each.
The Rasmussen go-go boys will be able to say in 4 years, “Rasmussen is the greatest!”
Chumps
kayaker 71
November 2nd, 2012
10:36 am
Joe, 10:33,
“I’m married to one”……. Is she going to vote for Romney?
Oscar
November 2nd, 2012
10:37 am
ragnar danneskjold
November 2nd, 2012
10:33 am
___
No, that’s not what I said or prefer. I want the most reasonable people in office. People that are flexible and not rigid. American people are pretty good at picking those candidates.
willie lynch
November 2nd, 2012
10:37 am
If we are to believe there’s always a “not looking for work” component at play in the economy, is it safe to say then even in a good economy we can add 4-5 points to the unemployment number?
ragnar danneskjold
November 2nd, 2012
10:37 am
Dear ad @ 10:08, suspect you don’t really know anything about the Great Depression, and suspect you buy into the leftist spin that the “stock market crash” caused it. If you wish, I would be pleased to quickly outline for you the real, verifiable history of the government errors that turned an economic hiccough into a 15 year depression. Spoiler alert, FDR does not come out looking good when you know the mistakes he made.
willydoit?
November 2nd, 2012
10:37 am
Most of these jobs are probably the result of seasonal jobs getting ready for the Christmas season.
Is it okay to mention Christmas on this blog?
ITS ALL BUSH'S FAULT
November 2nd, 2012
10:37 am
JACK, MITT was raised as mormon in a CULT like environment . He has never had to APPLY for job in his life , therefore has no clue on what AMERICA AND AMERICANS are all about. He is UNQUALIFIED to be PRESIDENT.
Mark in mid-town
November 2nd, 2012
10:37 am
Astute people by now should know to take anything presented by the corrupt liberal msm and its hacks with a grain of salt. The preliminary numbers released this morning are slightly better than treading water numbers. So things are slightly better than last month. That said, for this stage of a supposed recovery from a very very severe recession, the numbers are still terrible. A strong robust recovery from a very severe recesioion should be generating about 300,000 – 400,000 net jobs a month at this stage in time, not slightly better than treading water numbers.
Back in 1992, 3rd qtr GDP growth under the first President Bush came in at a suprisingly high 2.7%. The NYTimes editorial board called that a let-down and said it showed that the health of the economy was creeping along at a painfully slow pace. Had such a 2.7% GDP growth number been produced under Obama for the recent 3rd quarter, the NYTimes editorial board would treat it as the 2nd coming as evidenced by the NYTimes describing the much lower 2.0% GDP growth in 3rd quarter of 2012 as being steady improvement. Was it ever this bad in the old Soviet Union regarding the news people were fed?
ragnar danneskjold
November 2nd, 2012
10:38 am
Dear Oscar @ 10:37, having a rational system of decision-making – i.e, an ideology – is not incompatible with reasonable. I assume your definition of “reasonable” is one who will compromise his freedom for more gruel.
Joe Hussein Mama
November 2nd, 2012
10:38 am
U. Samantha — “Romney wins 28 – 22 when the house votes!”
Actually, I think it’s the *newly* elected House that gets to vote on it.
H. E. Pennypacker
November 2nd, 2012
10:39 am
Kayaker,
Fair enough, I understand your rationale and more importantly respect the fact you admit you might be wrong as we all should admit. I tend to think you are counting on a corner case to come through for you, but there are always cases like Kirk Gibson coming off the bench in the 1988 World Series with a hobbled leg and hitting a game winning home run.
If Romney wins on Tuesday, perhaps I will quote Jack Buck…..”I don’t believe what I just saw”.
DannyX
November 2nd, 2012
10:40 am
“Most of these jobs are probably the result of seasonal jobs getting ready for the Christmas season.”
You obviously just skipped over the part of the jobs report that broke down the gains by category. To be fair you probably just read the headlines.
ragnar danneskjold
November 2nd, 2012
10:41 am
Dear Joe @ 10:11, agree, except that all of those horrific events in the Bush administration occurred as the market reacted to the election of a truly incompetent individual as president.
Morality?
November 2nd, 2012
10:42 am
The Dixie Chicks ain’t nobody and that’s a good thing.
They used to be girls from New Jersey and New York that put on cowboy hats and boots and tried to turn country. They were frauds…….. about as southern as Obama.
willydoit?
November 2nd, 2012
10:42 am
“He is UNQUALIFIED to be PRESIDENT.”
I believe I have heard this phrase before….from both sides about the other sides candidate…at every election since I have been old enough to care anything about politics.
So, has there ever been a president elected that BOTH sides felt was qualified to be the president of the USA??
Joe Hussein Mama
November 2nd, 2012
10:43 am
K71 — “Joe, 10:33, “I’m married to one”……. Is she going to vote for Romney?”
Absolutely not. And both she and her family used to be Mormons.
I will give you this nugget — there are significant numbers of Mormons in other Mountain West states than Utah. Notably, Nevada has quite a few Mormon voters, which may help explain how Senator Harry Reid — himself a Mormon — has served in his office as long as he has.
Now look at how Nevada’s been tilting toward Obama for much of the campaign and ask yourself — if Hispanics and Mormons are as charged up about Romney as you think, how come he can’t close the deal in Nevada?
DannyX
November 2nd, 2012
10:43 am
“about as southern as Obama.”
Cheesy grits!
ragnar danneskjold
November 2nd, 2012
10:43 am
Dr. Sowell is starting to use his twitter account. ” ‘Entitlement’ is not only the opposite of achievement, it undermines incentives to do all the hard work that leads to achievement.”
Stephenson Billings
November 2nd, 2012
10:45 am
Nice….
FORMER LIBYAN PM: OBAMA’S ‘MISSION ACCOMPLISHED’ MOMENT RESULTED IN BENGHAZI
http://www.breitbart.com/Big-Peace/2012/10/31/Former-Libyan-PM-Benghazi-The-Result-Of-Obama-s-Mission-Accomplished-Moment
Keep Up the Good Fight!
November 2nd, 2012
10:46 am
except that all of those horrific events in the Bush administration occurred as the market reacted to the election of a truly incompetent individual as president.
simply wow, I never thought that anyone but Rush would pass off that type of bullcrap as intelligent thought. Even the guys at the sewage treatement plant would refuse that as just too slimey. But nothing too low for our conned friends.
Welcome to the Occupation
November 2nd, 2012
10:46 am
ragnar danneskjold:
Did I actually hear you make a reference to “pect for individual responsibility”?
Are you friggin kidding me? Personal responsibility?
Do you have any clue what kind of system we’re living under? Personal responsibility is for the masses who don’t have the money to hire lobbyists and teams of lawyers.
I swear, I don’t know sometimes what to make of this home spun moral earnestness of our con friends.
Granny Godzilla - Union Thugette
November 2nd, 2012
10:47 am
Mark in Mid Town
“Was it ever this bad in the old Soviet Union regarding the news people were fed?”
Heavens No!
They didn’t have republicans who swallowed so easily.
Pssst….there’s a little something dribbling down your chin.
F. Sinkwich
November 2nd, 2012
10:47 am
The unemployment rate goes up and lib ilks do cartwheels. Go figure.
Regardless, it does nothing to affect this sad fact:
Come Tuesday, 80% of those entering the voting booth will either be unemployed or have a spouse, relative, friend, or neighbor in the same predicament. And many of those they know who have a job are underemployed.
We can argue until exhaustion about a tenth of a point here or U6 there, but the fact remains our economy over the past four years has been awful.
“Yeah but it could have been worse” just doesn’t cut it anymore. Excuse fatigue has set in. O’bozo is in trouble.
ad
November 2nd, 2012
10:48 am
rag – I’m sure I know much more about history than you. FDR’s biggest mistake was letting the Republicans push him into cutting stimulus spending in 1937. Are you one of those people who thinks the 30 year old Community Reinvestment Act caused the market collapse? Try looking at those poor banks who made those bad loans for huge profits, sold them to bigger banks who folded them into collateralized debt obligations and sold them for even bigger profits, and then issued unbacked insurance on the cdo’s (for even bigger profits) in the form of credit default swaps. It was the lack of regulation that let this happen, not because there was too much. Those poor banks weren’t forced into making those loans – you couldn’t have held them back with a team of mules.
Morality?
November 2nd, 2012
10:49 am
Romney has worked all his life. He has run major corporations. You, meanwhile, have done what besides sitting on your butt in your rocking chair on the porch waiting for your gub’ment check to come in? Say what you want about Romney’s politics but saying he has never worked – you knew you were lying when you said it – so go sit in the corner with your dunce cap on and be ashamed.
ragnar danneskjold
November 2nd, 2012
10:50 am
Dear Welcome @ 10:46, you may be close to an epiphany. Have you ever considered supporting candidates who would obviate the utility of attorneys. It is only through the care and feeding of big government that the overlords can continue to reign. Suggest either the Swiss or Hong Kong models as a template.
ad
November 2nd, 2012
10:51 am
I’m sure Romney is a decent guy. I’d like to sit down and have a cup of coffee or a beer with him sometime. Oh, wait…
Thulsa Doom
November 2nd, 2012
10:52 am
Unemployment goes up but Libs tout this as good jobs numbers? Only in liberal fantasy land. Lemme know when a million jobs get created in one month like under Reagan.
Oscar
November 2nd, 2012
10:52 am
ragnar danneskjold
November 2nd, 2012
10:38 am
______
Once again, you are wrong in your assumption.
Just because someone’s beliefs are not extreme right of left does not mean they have no core beliefs.
HDB
November 2nd, 2012
10:52 am
JohnnyReb
November 2nd, 2012
10:20 am
“Here’s a good example of why Romney and Conservatives will carry the day come Tuesday – one word – Bloomberg.
The idiot mayor is using generators, security personnel, etc, etc to have a marathon while people can’t purchase gasoline due to the service station not having electricity.”
Lest you forget….Bloomberg is a former REPUBLICAN who became an Independent!! The reasoning is that the NYC Marathon would bring money INTO New York (to the tune of close to $1B)…at a time where the city is LOSING $250M a day!! That would be an economic start to recovery, wouldn’t it??
Morality?
November 2nd, 2012
10:52 am
50 % agree that Obama had his chance and failed…….. the other 50% are on gub’ment assistance of some type. Stalemate.
Oscar
November 2nd, 2012
10:53 am
make the “right or left” not right of left.
Joe Hussein Mama
November 2nd, 2012
10:53 am
R. Danneskjold — “Dear Joe @ 10:11, agree, except that all of those horrific events in the Bush administration occurred as the market reacted to the election of a truly incompetent individual as president.”
Total, unmitigated horses**t.
“Total job loss”
Total job loss over Bush’s ENTIRE Administration was determined by the 2008 election of Obama? Come now, Rags. I know you claim to be a libertarian, but even *you* can’t smoke that much weed.
“DJIA trough-peak comparison”
Given that the DJIA peaked in 2007, once again, your timing’s off.
“Peak amount of jobs lost/month”
It’s remarkable how our con posters want Obama to take responsibility for EVERYTHING that happened during his Administration. And it’s even more remarkable that you want Obama to take responsibility for things that happened PRIOR to his Administration.
I’m sorry, Rags. I used to take you seriously, but in recent months, you’ve proven yourself to be either dishonest, ignorant or outright making things up — if not a combination of two or all three of those.
Welcome to the Occupation
November 2nd, 2012
10:53 am
Morality? “Say what you want about Romney’s politics but saying he has never worked”
On what basis do you justify the fact that Mitt Romney gets to keep a higher percentage of the windfall amounts he reaps by having digits moved around on computer screens than you or I do for doing actual “work”.
Work, mind you, is defined as that which you or I have to do to avoid starvation and homelessness, a threat that never ever enters the equation for a member of the economic royalty like Mitt Romney.
Regnad Kcin
November 2nd, 2012
10:53 am
“Air heads and brain dead zombies vote Obama.”
With this start, why would anyone want to keep reading?
Goldie
November 2nd, 2012
10:55 am
Moving FORWARD!
Adam
November 2nd, 2012
10:55 am
Thulsa Doom: The “real” unemployment rate went down. You know, the one you’ll use the next time you don’t like the official number.
Joe Hussein Mama
November 2nd, 2012
10:55 am
There goes Fishy, crying over spilled ilk again.
kayaker 71
November 2nd, 2012
10:56 am
Pennypacker, 10:39,
There has to be a point where the voting public rises above this tainted media. Virtually anything that is to Bozo’s favor is published as positive by the media…. most anything that would put him in a bad light is ignored. It’s been that way for years. The voting public is smarter than that. This Libya consulate attack is a case in point. About the only outlet that has taken Bozo to task is Fox. Everyone else played at reporting it to begin with, then it became page 16 news…. even before we had any answers. The people with no satellite dish or cable are stuck with NBC and others that wouldn’t criticize Bozo if he molested children. And even when they do publish an account, they are like Bookman. They leave out that part of the story that doesn’t support their claim. All we have is conservative radio and Fox who try to give a different slant but are vilified by most every liberal on the planet. But Tuesday, we have a chance to give the old middle finger to those in the media that support this arrogant buffoon. It might be a long night but I think that we will prevail.
Morality?
November 2nd, 2012
10:56 am
Bloomberg outlawed 32 oz soft drinks while others concern themselves with the real problems of this country like high unemployment and the Fed debt……… sounds like a big gub’ment Obama supporter to me.
clem
November 2nd, 2012
10:58 am
though obama far from perfect, the idea that the country and world coudl be on brink of disaster and then rebound like normal recessions is preposterous. how long did it take the country to bounce back from 1929……say mid 1950s. but in this day of instant gratification, well folks are economically delusional. unfortunately, washington let the robber barons escape (which includes bankers, real estate folks and washington dc pols), so it will happen again..
had the republicans in congress gone more with prez it would have been better I THINK. The world fell apart on Republican WAtch and they think they have all the answeres…..hardy har har.
a grand bargain is necessary, with 2-3 in cuts for 1 in raised revenues. repubs need to read the CSR report on tax cuts for wealthy. folks like mitt paying 14% is bs, with all his trust loopholes and tax amnestyf for his swiss bank accts (in all liklihood). let’s get rid of all the tax loopholes that are bought by the rich and don’t serve economic interests of most americans. maybe then we can reduce corporate rates for small to mid business and revoke tax loopholes for offshoring. surely to God we can agree on that.
H. E. Pennypacker
November 2nd, 2012
10:59 am
Don’t take Rags seriously, he comes onto the board and supports his points with the thin veneer of ideology, but when pressed to provide actual support or cite examples of when such theories resulted in a successful outcome, he pivots into the ether of another attack on leftists.
Joe Hussein Mama
November 2nd, 2012
11:00 am
K71 — “About the only outlet that has taken Bozo to task is Fox. Everyone else played at reporting it to begin with, then it became page 16 news…. even before we had any answers.”
If, as you say, ‘we don’t have answers yet,’ then why do you deride other media for pushing the no-answers story to page 16 and not deride Fox for taking Obama to task?
If there are no answers, why would it be *desirable* to push such a story? I recognize that you *personally* believe that there’s some skulduggery yet to be uncovered in that matter, and that’s fine. When evidence comes up of malfeasance or errors in judgment, I’m firmly behind an investigation and letting the chips fall where they may. But when there are no answers, as you yourself say, why beat the drum on the story? What’s the benefit or value-add of that?
yuzeyurbrane
November 2nd, 2012
11:01 am
All these numbers will do is reinforce most decisions people have already made. It will help Obama marginally in preventing any slight polling negatives which would result from bad figures. The decision making is over. It is now like the last 2 minutes of very tight basketball game. Time for the coaches to implement tactics to maximize turnout.
ad
November 2nd, 2012
11:01 am
That is an interesting question as to whether Romney has “worked.” Was his income “earned” income – you know, the type where normal people get taxed at the regular rates? Or, was his income “carried interest” – taxed at the far lower rate reserved for dividends? And, yes, I realize that dividends are taxed twice, but that’s part of the price an entity pays to be a corporation (”corporations are people, my friends” – mitt). If they don’t like it, they could always go back to a partnership and be personally liable for business debts. Anyway, if Mitt never had “earned” income, then did he ever really work?
willie lynch
November 2nd, 2012
11:01 am
“Like a million jobs in one month under Reagan.”
The good old day’s when before he took us from the leading creditor to leading debtor. The great Ronnie Ray-Gun. Governing by horoscope.
0311/8541/5811/1811/1801
November 2nd, 2012
11:02 am
Quote of the week:
“I THINK THE BEST THING WOULD BE FOR OBAMA TO GET VOTED OUT AND PRESIDENT ROMNEY TO OFFER HIM THE AMBASSADORSHIP TO LIBYA SINCE WE HAVE A VACANCY THERE!”
Author Unknown
HDB
November 2nd, 2012
11:02 am
kayaker 71
November 2nd, 2012
10:56 am
“About the only outlet that has taken Bozo to task is Fox.”
…and when Fox broadcasters have been called out as liars by one of their OWN, doesn’t that speak volumes????
http://www.huffingtonpost.com/2012/11/02/geraldo-rivera-benghazi-eric-bolling_n_2064006.html?utm_hp_ref=media
Corbin Sharpe. I think, therefore I am...I think.
November 2nd, 2012
11:02 am
I think the real news will be how many businesses hire for the coming holiday season and how many they hire. The first will indicate how optimistic they are about the economy and the second will reflect that optimism. Of course this will be after the election so that will make it a more accurate indicator.
Morality?
November 2nd, 2012
11:03 am
A little jealous of others success are we? Obama ain’t exactly in the poor house himself. Obama is a member of the dreaded 1%. Good for him…….. however, according to the IRS, he made his millions AFTER entering the White House. So Romney is guilty of making his in the private sector?
Drudge
November 2nd, 2012
11:03 am
So you all realize that we added 171,000 jobs, but 170,000 more people filed for UE, right? This is your measure of success? You’re cheap dates…
0311/8541/5811/1811/1801
November 2nd, 2012
11:04 am
Washington Post Editorial – “THE CHOICE” By Charles Krauthammer – 11/1/12 :
“An Obama second term means that the movement toward European-style social democracy continues, in part by legislation, in part by executive decree. The American experiment — the more individualistic, energetic, innovative, risk-taking model of democratic governance — continues to recede, yielding to the supervised life of the entitlement state.
If Obama loses, however, his presidency becomes a historical parenthesis, a passing interlude of overreaching hyper-liberalism, rejected by a center-right country that is 80 percent nonliberal.”
http://www.washingtonpost.com/opinions/charles-krauthammer-the-choice/2012/11/01/59b5bed0-2445-11e2-9313-3c7f59038d93_print.html
ragnar danneskjold
November 2nd, 2012
11:05 am
Dear ad @ 10:48, you betray a lack of knowledge of economic history. Starter: the unemployment rate in June 1930 – eight months after the crash – was around 6.0%. Hoover errors thereafter:
(1) raising the income tax rate,
(2) constricting foreign trade.
FDR elected, starts compounding errors:
(1) raises income tax rates twice
(2) adds numerous government restrictions to private industry
(3) increases welfare spending exponentially
(4) magnifies power of the labor unions, which constricts exports and imports
The Obama formula to ensure a rotten recovery:
(1) taxmageddon
(2) restrict energy through EPA regulation of electricity generated by coal
(3) prohibit energy pipelines that facilitate free-flow of oil generated by formerly friendly neighbor to the north
(4) add per-employee costs to employers, for healthcare
(5) allow bureaucrats to mandate insurance coverage
(6) enforce healthcare regulations through the income tax mechanism
Really, has Obama done anything that will promote employment?
As to your screed on the “causation” of the economic collapse in 2008, another hint: the “mortgage bubble” did not cause the market collapse, but the collapse did pop the “mortgage bubble.” The combination of (a) Basel protocols, (b) easy money policy by the Fed throughout an economic boom, (c) FNMA/FHLMC market domination, (d) lack of regulation of FNMA/FHLMC, and (e) the Community Reinvestment Act created the bubble, and the collapse of the bubble did make the downturn worse. The Obama administration has done nothing to address the root causes of the formation of the bubble, and I suspect that is because they are economic illiterates.
Regnad Kcin
November 2nd, 2012
11:05 am
InTrade:
Obama 2-1
FiveThirtyEight.com:
Obama 4-1
Shout about how you don’t like THESE numbers, cons!
Joe Hussein Mama
November 2nd, 2012
11:05 am
H. E. Pennypacker — “Don’t take Rags seriously, he comes onto the board and supports his points with the thin veneer of ideology, but when pressed to provide actual support or cite examples of when such theories resulted in a successful outcome, he pivots into the ether of another attack on leftists.”
Yeah, I agree. For me, Rags’ veneer started cracking and falling away earlier this year when he wholeheartedly endorsed Congress and President Bush’s weekend sideshow in which they passed and signed a law to intervene in the Schiavo case. Anyone supporting that kind of coercive and corrosive use of state power against a *single individual* is not any kind of libertarian in any universe AFAICS.
Kamchak ~ Thug from the Steppes
November 2nd, 2012
11:06 am
Non-union crews turned away from NJ…
drudgey spam
getalife
November 2nd, 2012
11:06 am
The obl movie will finish off the gop.
Drudge
November 2nd, 2012
11:06 am
Corbin – agreed somewhat but seasonal hiring can be a disparate flare to actualized growth – ie, it seldom acts as a true indicator of economic growth and employment. Like that huge spike in “job creation” we saw in 2010? It was census workers…and it vanished after 60 days.
ragnar danneskjold
November 2nd, 2012
11:07 am
Dear Pennypacker @ 10:59, read 11:05 and weep. I would be pleased to address your questions.
ad
November 2nd, 2012
11:07 am
Rag – I see I had you correctly pegged.
0311/8541/5811/1811/1801
November 2nd, 2012
11:08 am
And Jay calls this “solid, encouraging”:
‘VIRTUAL STANDSTILL’: 171K New Jobs, 170K New Jobless”
http://www.foxnews.com/politics/2012/11/02/unemployment-rate-rises-to-7-percent-economy-add-171000-jobs/
kayaker 71
November 2nd, 2012
11:08 am
Joe, 11:00,
It all comes down to trust. If you are confident enough to trust your economic future and the future of this country to this clown, be my guest. I just don’t happen to share your views. His agenda has just not worked. It becomes more evident every day that he is over his head with the economy. Reagan had over 40 straight months of economic growth and began the most prolific economic recovery this country has ever known. We still have overall growth under 2% with unemployment pegged at about 8%. This hasn’t changed in over 40 months. Bozo has just failed the electorate, plain and simple.
barking frog
November 2nd, 2012
11:08 am
If the President does not win, it
will be because off unemployment
and gas prices neither of which is
he empowered to affect.
Kamchak ~ Thug from the Steppes
November 2nd, 2012
11:08 am
Food Stamp Growth 75X Greater than Job Creation…
drudgey spam
Kamchak ~ Thug from the Steppes
November 2nd, 2012
11:09 am
Krauthammer: The choice…
drudgey spam
Morality?
November 2nd, 2012
11:10 am
Maybe even your simple mind can comprehend this .. the IRS, under the Obama regime, has full access of Romney’s books and tax returns and they have filed no criminal charges against Romney. Now don’t you think that if Romney had come by his money illegally or dodged his taxes under the current laws that Obama/Pelosi would be shouting it to the high heavens? Not a peep.
getalife
November 2nd, 2012
11:10 am
cons still think Americans believe any lie they spew.
Bless their poor lying hearts.
They don’t cons, find a hobby or something.
You are done in politics.
indigo
November 2nd, 2012
11:11 am
So many fervent conservative posts here.
So little intelligence and knowledge.
Kamchak ~ Thug from the Steppes
November 2nd, 2012
11:11 am
Study: Media Framed Benghazi In Obama’s Terms…
drudgey spam
Welcome to the Occupation
November 2nd, 2012
11:11 am
ragnar:
“Have you ever considered supporting candidates who would obviate the utility of attorneys”
The big corporate patent monopoly machine supported by both parties offers enough work for patent attorneys stretching out in the future as far as the eye can see.
Nobody’s seriously talking about taking work off the table for attorneys in this economy, they’re central to it. Never you mind what BS the GOP feeds us about “tort reform” or whatever they go on about.
ragnar danneskjold
November 2nd, 2012
11:12 am
Dear Joe @ 10:53, you are perhaps the only person in the country who thought Obama’s history (pre-2008) was even marginally adequate to address the economic challenges then present. Of course, even you can see the error of your belief now. Those employers whose own money was at stake took defensive action as the reality of Obama + crazy radical Congress began to solidify. Look for an economic boom “within the term of the Obama administration” from the date of Romney’s election until the end.
Finn McCool (The System isn't Broken; It's Fixed)
November 2nd, 2012
11:12 am
from David Letterman Show:
Biden’s top 10 reasons for voting early
10. I’m not saying each early voter gets a free cheeseburger, but I’m not saying they don’t either.
9. It’s vastly more effective than voting late.
8. You know who votes early? People with a backbone like a ramrod.
7. In a less crowded polling center, there’s plenty of room to stretch out, linger and relax.
6. If you vote early you don’t have to pay taxes. I’m sorry I’m being told that’s not accurate.
5. Single and looking to mingle? Find that special someone in the early voting booth.
4. Of course, there’s the open bar.
3. Not exercising your right to vote is malarkey – it’s literally malarkey.
2. Early voters will receive a $5 million donation from Donald Trump.
1. Honestly, don’t you want this election over with already?
St Simons
November 2nd, 2012
11:12 am
I’m beginning to think this is all a media-generated farce.
Their internal polling is remarkably accurate.
and Harry Reid can get Lord Hairgel’s taxes, if he wants to.
If Obama really (ever) got behind, POOF
they would appear online
Electoral College
November 2nd, 2012
11:13 am
“It all comes down to trust.”
And that is why at the end of the day, the electorate is going to keep an average President over Mitt.
Your inclination in regards to the reasoning is on point. Where you think the electorate is going to instill that trust is off.
HDB
November 2nd, 2012
11:13 am
ragnar danneskjold
November 2nd, 2012
11:05 am
This counters your argument:
“On September 14th, the Congressional Research Service published their long anticipated study on the correlation between the tax rates and economic growth from 1945 to today. If you go to their website today, however, the report is mysteriously missing.
Before it vanished, the New York Times downloaded a copy, which they now offer on their website. When you read the report, the reason for the pull might be as simple as what the report discovered.
In the opening paragraph, the report put it plainly:
The evidence does not suggest necessarily a relationship between tax policy with regard to the top tax rates and the size of the economic pie, but there may be a relationship to how the economic pie is sliced.
In other words, tax cuts don’t grow the economy, they just make the rich, richer.”
http://www.addictinginfo.org/2012/11/01/boehners-congress-withdraws-report/
….and here’s the CRS report that states just that!:
http://graphics8.nytimes.com/news/business/0915taxesandeconomy.pdf
Welcome to the Occupation
November 2nd, 2012
11:14 am
Study: Media Framed Benghazi In Obama’s Terms…
Which of course explains why night after night Bush -era intelligence officials go on tv and debunk the latest hysteria fit of the Sean Hannitys and urge caution before there has been enough time for a thorough study of what happened.
0311/8541/5811/1811/1801
November 2nd, 2012
11:14 am
Warning: Kammie spam !
Electoral College
November 2nd, 2012
11:15 am
“from the date of Romney’s election until the end.”
Why are you so concerned about what might occur in 2016?
Georgia
November 2nd, 2012
11:16 am
Obama is a beautiful president. The new Lincoln. It took seven score and four years for the USA to elect a black president. He wants justice for the Slavs ( foreign policy). He wants to end the dozens of civil wars in the world. He wants to appeal to the better angels of Mother Nature (Sandy relief), and he looks awkward on a horse.
Romney is the burned out carcass of an overcooked turkey.
Morality?
November 2nd, 2012
11:17 am
What qualified Obama to run for Prez the 1st time? Of course Harvard is going to vote Obama. He and the Dems are lawyers and are very lawyer “friendly”. Getting people on disability rolls has been a boom to the lawyer buiz. You know – as seen on T V. Call Lawyer 1-800-BOZO so I can get you on disability and SUPER SIZE your gub’ment payment.
Joe Hussein Mama
November 2nd, 2012
11:17 am
K71 — “It all comes down to trust. If you are confident enough to trust your economic future and the future of this country to this clown, be my guest. I just don’t happen to share your views.”
Fair enough.
It’s not that I think that Obama’s fantastic or anything. I just feel that Romney’s absolutely untrustworthy and has sought to be completely opaque with his plans. Every objective organization that’s looked as his claims says that his numbers don’t add up.
Look, it’s not enough to say ‘the President sucks, so you should vote for me.’ That’s what Kerry said in 2004 and it didn’t work. You have to give voters a positive and affirmative reason to vote for you, and whether you like it or not, Obama IS while Romney ISN’T.
“His agenda has just not worked. It becomes more evident every day that he is over his head with the economy.”
It is working. Not as fast as I’d like, but it *is* working.
“Reagan had over 40 straight months of economic growth and began the most prolific economic recovery this country has ever known.”
I’m aware of that; I voted for Reagan both times. But are *you* aware of how many times he had to raise taxes — and on whom — in order to acheive that? And are you aware that he presided over our national debt breaking the $1 trillion mark? Reagan did a lot of great things, but he was also a monster tax-raiser and deficit spender — just the things you deride Obama for being.
“We still have overall growth under 2% with unemployment pegged at about 8%. This hasn’t changed in over 40 months. Bozo has just failed the electorate, plain and simple.”
Romney wouldn’t do any better. He’s surrounded himself with Bush’s old advisers. Since I don’t want to go back to Bush’s policies, why would I vote for Romney? Seriously?
Can’t y’all offer something better than Bushian failure if you’re going to rant about Obama failure?
curious
November 2nd, 2012
11:18 am
Where does Romney differ from Bush on:
1- Economic policy
2- Foreign policy
DebbieDoRight - A Do Right Woman
November 2nd, 2012
11:18 am
“But…but…BENGHAZI!!!!!”
…and his flag pin is smaller!!!
Yes; but he has bigger………………………….brains than Mitt.
ragnar danneskjold
November 2nd, 2012
11:18 am
Dear Welcome @ 11:11, partially agree. Moderate Republicans and all democrats support the virtues of litigation. People with a grasp of economics prefer rewriting laws to minimize litigation.
Ragnar list: replace manufacturer tort liability, and medical malpractice liability, with a system akin to the “worker compensation” schemes managed by the states. Replace vehicle accident litigation with a true no-fault system, one in which an individual can choose to purchase coverage or bear all risk himself. Abolish the SEC, replace with a narrowly defined 10b-5 Federal statute. Economic savings by eliminating the waste now in the system would wipe out the government deficit.
DannyX
November 2nd, 2012
11:18 am
“‘VIRTUAL STANDSTILL’: 171K New Jobs, 170K New Jobless””
Spin, spin, spin. The BLS numbers are net jobs gained during October. The private sector added 184,000 net jobs. Government jobs fell by 13,000, you cons should be thrilled.
paulo977
November 2nd, 2012
11:19 am
Jm..”Obama: the worst president since Hoover”
____________________________________________
As hysterical as Romney!!!!!!!!!!!!!!!!!!!
St Simons
November 2nd, 2012
11:19 am
Nov 7 – No Sockpuppet Wednesday! join the movement, dudes
Joe Hussein Mama
November 2nd, 2012
11:20 am
R. Danneskjold — “Dear Joe @ 10:53, you are perhaps the only person in the country who thought Obama’s history (pre-2008) was even marginally adequate to address the economic challenges then present.”
No, actually the comparative actions of Obama and McCain during the Washington conferences post-crash helped me make up my mind. Obama certainly wasn’t an ideal candidate, but he was head and shoulders above McCain.
“Of course, even you can see the error of your belief now.”
I can see the error in your manufactured reasoning, yes.
“Those employers whose own money was at stake took defensive action as the reality of Obama + crazy radical Congress began to solidify.”
An absolutely and pathetically silly assertion on your part.
“Look for an economic boom “within the term of the Obama administration” from the date of Romney’s election until the end.”
Wouldn’t happen even if Romney did get elected. Which he won’t.
kayaker 71
November 2nd, 2012
11:21 am
Time to paddle awhile. Pretty day, wind down a little. The fall colors at the lake are something to admire. Be well.
Morality?
November 2nd, 2012
11:21 am
Jawja – you really should put down that crack pipe. It’s ruining your brain real bad. You just don’t make sense.
ad
November 2nd, 2012
11:23 am
Here’s Ayn Rand groupie Alan Greenspan’s mea culpa on unregulated markets:
Appearing before the House Committee on Oversight and Government Reform, the man once dubbed “The Maestro” said he had found a flaw in the “critical functioning structure that defines how the world works”. “I don’t know how significant or permanent it is but I have been very distressed by that fact,” Mr Greenspan said.
“I made a mistake in presuming that the self-interests of organizations, specifically banks and others, were such that they were best capable of protecting their own shareholders and their equity in the firms.”
Asked by committee chairman Henry Waxman if he was saying his world view was “not working”, Mr Greenspan said: “Absolutely, precisely. You know, that’s precisely the reason I was shocked, because I have been going for 40 years or more with very considerable evidence that it was working exceptionally well.”
ragnar danneskjold
November 2nd, 2012
11:23 am
Dear curious @ 11:18, Obama and Bush were wasteful big spenders with nearly identical domestic economic policies (Obama’s wasteful spending is “Bush on steroids.”) Bush magnified “freedom” in his foreign policy, Obama magnifies “democracy” with no concern for freedom.
Romney is not a spender in a class with Bush, much less Obama; rather he has the best green eye-shade seen in a generation, Paul Ryan. On foreign affairs, I suspect he will magnify “freedom,
a la Bush, now that we have seen the disastrous results of opening with an apology tour and ending by “leading from behind.”
Halftrack
November 2nd, 2012
11:25 am
Nice try; Jay, but the economy is not improving. Go to the strip malls and look at the empty stores? Also find out how many construction companies have gone out of business just this year. If Obummer & Co. could create jobs we should be below 5% by now. His only offer recently is to create another Office of Business that does what? No details. He also has 25 Czars to advise him, more than any other President. Look at Benghazi and you will see how he has failed and that is all he has is “failed policies.”
ragnar danneskjold
November 2nd, 2012
11:27 am
Dear ad @ 11:23, I am certain you mean well, but conservatives – unlike leftists – are not sycophants. We follow arguments, not those who make the arguments. Mr. Greenspan was a bright guy, but we do not care “what” he says so much as “why.” In this case, Mr. Greenspan has to conceal the disastrous loose policy conducted by the Fed during the last portion of his tenure.
The Fed is competent to do only one job, to preserve the value of the dollar while ensuring sufficient liquidity to allow the economy to grow. Leftists believe in Humphrey-Hawkins, a patently absurd theory of economics.
Regnad Kcin
November 2nd, 2012
11:28 am
ragnar:
“Have you ever considered supporting candidates who would obviate the utility of attorneys”
=======================
Yeah, that whole “redress of greivances” thing is a real pain, isn’t it.
ragnar danneskjold
November 2nd, 2012
11:28 am
Dear ad @ 11:23, in my 11:27 I was attempting to explain why the “appeal to authority,” so important to leftists, is meaningless to conservatives.
Citizen of the World
November 2nd, 2012
11:30 am
Great news for reasonable people!
ragnar danneskjold
November 2nd, 2012
11:30 am
Dear Regnad @ 11:28, I understand you believe “attorneys” and “litigation” are the only meaningful manners of “redress of grievances.” You err.
Kamchak ~ Thug from the Steppes
November 2nd, 2012
11:31 am
… but conservatives – unlike leftists – are not sycophants.
The smoking gun is the mushroom cloud.
Electoral College
November 2nd, 2012
11:31 am
Ragnar
You basing Ryan’s resume on his last budget?